Italy High Temperature Insulation Market Size & Outlook
Italy high temperature insulation market, 2017-2030 (US$M)
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Italy high temperature insulation market highlights
- The Italy high temperature insulation market generated a revenue of USD 102.7 million in 2021 and is expected to reach USD 152.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.5% 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 102.7 million |
| Market revenue in 2030 | USD 152.1 million |
| Growth rate | 4.5% (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, Italy accounted for 1.6% 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 Europe, Germany high temperature insulation market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 460.2 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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Italy 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 65.24% in 2021. Horizon Databook has segmented the Italy 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 Italy is expected to witness significant growth over the forecasted period owing to its growing usage in major industries such as machinery manufacturing, metallurgy, aerospace parts manufacturing, and power generation.
Initiatives by the government, as per its Integrated National Plan for Energy and Climate (PNIEC) program, to promote energy-efficiency of industries, reduction of carbon footprint, and adoption of clean energy sources are expected to augment product demand.
As per data published by International Trade Administration, renewable sources are expected to account for about 18% of the total energy consumption in the country. The number is expected to rise over the coming years owing to the construction of several renewable energy projects in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy high temperature insulation market , including forecasts for subscribers. This country databook contains high-level insights into Italy high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Italy high temperature insulation market size, by product, 2017-2030 (US$M)
Italy High Temperature Insulation Market Outlook Share, 2021 & 2030 (US$M)
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