U.S. High Temperature Insulation Market Size & Outlook
U.S. high temperature insulation market, 2017-2030 (US$M)
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U.S. high temperature insulation market highlights
- The U.S. high temperature insulation market generated a revenue of USD 882.2 million in 2021 and is expected to reach USD 1,254.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 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.
High temperature insulation market data book summary
| Market revenue in 2021 | USD 882.2 million |
| Market revenue in 2030 | USD 1,254.0 million |
| Growth rate | 4% (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, U.S. accounted for 13.9% 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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U.S. 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 62.8% in 2021. Horizon Databook has segmented the U.S. 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 market for high temperature insulation in the U.S. is expected to grow significantly over the forecasted period, owing to high significant investments by government and companies to increase the manufacturing rate and production capacities in various industries such as cement, iron & steel, glass, and ceramics.
As per data published by Federal Reserve System, the production capacities for of electric power and natural gas utilities are is expected to increase by 2.6%, and total industrial capacity by 0.5% in 2021. In addition, manufacturing rate is expected to rise by about 10% in 2021.
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Target buyers of U.S. 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 U.S. high temperature insulation market , including forecasts for subscribers. This country databook contains high-level insights into U.S. high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. high temperature insulation market size, by product, 2017-2030 (US$M)
U.S. High Temperature Insulation Market Outlook Share, 2021 & 2030 (US$M)
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