India High Temperature Insulation Market Size & Outlook
India high temperature insulation market, 2017-2030 (US$M)
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India high temperature insulation market highlights
- The India high temperature insulation market generated a revenue of USD 399.7 million in 2021 and is expected to reach USD 762.5 million by 2030.
- The India market is expected to grow at a CAGR of 7.4% from 2022 to 2030.
- In terms of segment, ceramic fiber was the largest revenue generating product in 2021.
- Ceramic Fiber is the most lucrative product segment registering the fastest growth during the forecast period.
High temperature insulation market data book summary
| Market revenue in 2021 | USD 399.7 million |
| Market revenue in 2030 | USD 762.5 million |
| Growth rate | 7.4% (CAGR from 2021 to 2030) |
| Largest segment | Ceramic fiber |
| Fastest growing segment | Ceramic Fiber |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramic Fiber, Insulating Firebrick, Calcium Silicate |
| Key market players worldwide | 3M Co, Morgan Advanced Materials PLC, Almatis, Aspen Aerogels Inc |
Other key industry trends
- In terms of revenue, India accounted for 6.3% of the global high temperature insulation market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China high temperature insulation market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 143.5 million by 2030.
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High Temperature Insulation Market Scope
High Temperature Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
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India high temperature insulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to high temperature insulation market will help companies and investors design strategic landscapes.
Ceramic fiber was the largest segment with a revenue share of 64.67% in 2021. Horizon Databook has segmented the India high temperature insulation market based on ceramic fiber, insulating firebrick, calcium silicate covering the revenue growth of each sub-segment from 2017 to 2030.
The high temperature insulation market in India is expected to grow considerably over the forecasted period owing to high government investments toward development of end-use industries such as energy generation, ceramics, cement, iron & steel, and chemicals.
For instance, as per data published by Institute for Energy Economics & Financial Analysis, investments of about USD 20 billion were made on energy generation in 2019, out of which about 8.4 billion was on renewable energy production. The product demand is expected to be augmented by the high growth in the country’s steel industry.
In addition, the high temperature insulation market is expected to grow owing to significant growth in ceramic tiles demand due to various infrastructural development programs by the government and rising number of residential and commercial construction projects.
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Our clientele includes a mix of high temperature insulation market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India high temperature insulation market , including forecasts for subscribers. This country databook contains high-level insights into India high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India high temperature insulation market outlook size, by product, 2017-2030 (US$M)
India High Temperature Insulation Market Outlook Share, 2021 & 2030 (US$M)
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