Mexico High Temperature Insulation Market Size & Outlook
Mexico high temperature insulation market, 2017-2030 (US$M)
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Mexico high temperature insulation market highlights
- The Mexico high temperature insulation market generated a revenue of USD 42.6 million in 2021 and is expected to reach USD 71.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.9% 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 42.6 million |
| Market revenue in 2030 | USD 71.4 million |
| Growth rate | 5.9% (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, Mexico accounted for 0.7% 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 North America, U.S. high temperature insulation market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 71.4 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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Mexico 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 63.85% in 2021. Horizon Databook has segmented the Mexico 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 market in Mexico is expected to grow significantly over the coming years owing to increased emphasis by government agencies on reducing greenhouse gas emissions and increase the energy efficiency of industries.
In addition, the country’s government has been making huge investments in the past few years toward the development of oil & gas, petroleum, and electricity sectors, owing to the growing demand for energy in the country, primarily due to the rapidly increasing population.
Several industrial and manufacturing facilities have been set up in the country to cater to the energy demand of the population and creating job opportunities. The above-mentioned factors are expected to drive the growth of the high temperature insulation market over the forecast period.
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Target buyers of Mexico high temperature insulation market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 Mexico high temperature insulation market , including forecasts for subscribers. This country databook contains high-level insights into Mexico high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico high temperature insulation market size, by product, 2017-2030 (US$M)
Mexico High Temperature Insulation Market Outlook Share, 2021 & 2030 (US$M)
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