Middle East & Africa High Temperature Insulation Market Size & Outlook
Middle East & Africa high temperature insulation market, 2017-2030 (US$M)
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MEA high temperature insulation market highlights
- The MEA high temperature insulation market generated a revenue of USD 572.3 million in 2021.
- The 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 572.3 million |
| Market revenue in 2030 | USD 1,091.6 million |
| Growth rate | 7.4% (CAGR from 2021 to 2030) |
| Largest segment | Ceramic fiber |
| Fastest growing segment | Ceramic Fiber |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, MEA region accounted for 9.0% of the global high temperature insulation market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,091.6 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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High Temperature Insulation Market Scope
High Temperature Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 64.3% in 2021. Horizon Databook has segmented the Middle East & Africa 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 Middle East & Africa high temperature insulation market is expected to grow significantly, owing to its widespread usage in key end-use industries inclusive of petrochemicals, energy generation, cement, ceramics, and metallurgy.
High investments by governments in several countries including Saudi Arabia, Kuwait, UAE, and Qatar, towards the development of non-oil industrial activities such as energy generation, glass, and ceramics, is expected to drive the growth of high temperature insulation market over the coming years.
In addition, rapid advancements in the cement industry owing to setting up large production facilities by major players such as Lafarge, Dangote Cement, Pretoria Portland Cement Company, Unicem, and Burundi Cement Company, is expected to drive market growth.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa high temperature insulation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA high temperature insulation market size, by country, 2017-2030 (US$M)
Middle East & Africa High Temperature Insulation Market Outlook Share, 2021 & 2030 (US$M)
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