Infinium Global Research has undertaken a new report on Global High Temperature Insulation Market: Trends Analysis and Forecast 2021. The report presents analysis global as well as regional markets of High Temperature Insulations over the period of 2015 to 2021 Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2016 to 2021.
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Global high-temperature insulation market is poised to reach USD 5.6 billion by 2021. Increasing emphasis on energy conservation across various industries is projected to be one of the major driving forces for the market. Moreover, stringent regulation imposed on metal, cement, and oil & gas to reduce greenhouse gas emission has further augmented the industry growth. However, the carcinogenic content in high-temperature insulation material pose high risk to health, thus is expected to have an adverse impact on growth
Europe accounted for more than 35% market revenue. Stringent regulations to reduce GHC emission in Europe are expected to be a key driving factor for the regional market. The demand for HTI product in Europe is primarily dependent on imports from Asia. North America and Asia Pacific also contributed to the significant demand for HTI over the forecast period. Positive regulatory scenario related to improving workplace safety is expected to propel demand over the projected period.
However, European and North American markets have reached saturation and supposed to grow at a sluggish rate. In contrast, Latin America and Asia Pacific region are poised to witness substantial growth owing to rapid industrialization in Brazil, China, and India.
Asia Pacific accounted for more than 46% of total production. Support from the government along with low manufacturing cost is expected to boost production of HTI materials in the region. Asia Pacific exports the majority of the HTI material manufactured in the region to North America and Europe.
Moreover the report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand globally as well as regionally. Moreover, Infinium Global Research- Growth Matrix (IGR- Growth Matrix) given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of High Temperature Insulations. Moreover, the study highlights current market trends and provides forecast from 2016 to 2021. We also have highlighted future trends in the High Temperature Insulations that will impact the demand during the forecast period.
The Infinium Global Research- Growth Matrix (IGR- Growth Matrix) provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
Competitive scenario and market share of the top players in the HTI materials market has been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities. These include Morgan Thermal Ceramics (U.K.), Unifrax I LLC (U.S.), Shangdong Luyang Co. Ltd (China), Isolite Insulating Products Co. Ltd. (Japan), Promat GmbH (Belgium), Pyrotek Incorporated(U.S.), BNZ Materials Inc. (U.S.), and so on.
Reasons to buy this report
- Comprehensive analysis of global as well as regional markets of High Temperature Insulation
- Complete coverage of all the type, temperature, end user, and region segments to analyze the trends, developments, and forecast of market size up to 2021.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
- Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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