North America High Temperature Insulation Market Size & Outlook
North America high temperature insulation market, 2017-2030 (US$M)
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North America high temperature insulation market highlights
- The North America high temperature insulation market generated a revenue of USD 1,020.6 million in 2021.
- The market is expected to grow at a CAGR of 4.2% 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, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 1,020.6 million |
| Market revenue in 2030 | USD 1,474.7 million |
| Growth rate | 4.2% (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, North America region accounted for 16.1% 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.
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High Temperature Insulation Market Scope
High Temperature Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 62.91% in 2021. Horizon Databook has segmented the North America 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 North America is expected to grow rapidly over the coming years, owing to significant growth in demand from several end-use industries including petrochemicals, ceramics, glass, iron & steel, and cement.
Directives put in place by various agencies such as the U.S. Department of energy (DOE), U.S. Environmental Protection Agency (EPA), Canada Occupational Health & Safety, and Mexico Environmental ministry, against energy loss and for employee safety, is are expected to drive the market for high temperature insulation materials in the region, over the forecasted period.
In addition, high large investments by governments in these countries for setting up various thermal and hydro power generation projects, to cater to the growing demand for energy in the region is are 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 North America high temperature insulation market , including forecasts for subscribers. This continent databook contains high-level insights into North America high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America high temperature insulation market size, by country, 2017-2030 (US$M)
North America High Temperature Insulation Market Outlook Share, 2021 & 2030 (US$M)
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