Spain High Temperature Insulation Market Size & Outlook
Spain high temperature insulation market, 2017-2030 (US$M)
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Spain high temperature insulation market highlights
- The Spain high temperature insulation market generated a revenue of USD 93.7 million in 2021 and is expected to reach USD 142.4 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.8% 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 93.7 million |
| Market revenue in 2030 | USD 142.4 million |
| Growth rate | 4.8% (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, Spain accounted for 1.5% 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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Spain 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 65.31% in 2021. Horizon Databook has segmented the Spain 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 Spain is expected to grow significantly over the coming years owing to its wide usage in several end-use industries including iron & steel, automotive component manufacturing, ship parts building, chemicals, and glass production.
Several regulations have been imposed on the usage of fossil fuels in order to increase the consumption of renewable power sources. Government is spending heavily on the construction of renewable resources based power plants to reduce carbon footprint and conserve natural resources.
The demand for high temperature insulation is expected to rise owing to growth in the country’s glass and ceramics industry. As per the data published by European ceramics association, Spain was the largest exporter of ceramic tiles in Europe, by volume, in 2019. The ceramic tiles industry grew by about 4% from 2018 to 2019.
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Target buyers of Spain 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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Horizon Databook provides a detailed overview of country-level data and insights on the Spain high temperature insulation market , including forecasts for subscribers. This country databook contains high-level insights into Spain high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Spain high temperature insulation market size, by product, 2017-2030 (US$M)
Spain High Temperature Insulation Market Outlook Share, 2021 & 2030 (US$M)
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