Lucintel Forecasts High Temperature Insulation Material Market To Grow At A Cagr Of 8% From 2019 To 2024

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According to the recent study the High Temperature Insulation Material Market is projected to grow at a CAGR of 8% from 2019 to 2024. Growth in this market is primarily driven by increasing awareness regarding energy conservation and strict policy imposed on cement, oil & gas, and metal producers to reduce greenhouse gas (GHG) emissions.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in high temperature insulation material market by material type (ceramic fibers, insulating firebricks (IFB), calcium silicate, and others), temperature range [(600-1100)0C or (1112-2012)0F, (1100-1500) 0C or (2012-2732) 0F, (1500-1700) 0C or (2732-3092) 0F, and 17000C and above or 30920F and above], end use industry (petrochemical, ceramics, glass, aluminum, cement, iron & steel, refractory, powder metallurgy, and others {aerospace, automotive, fire protection, and solar applications}), and region (North America, Europe, Asia Pacific, and RoW).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/high-temperature-insulation-material-market.aspx ...
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“Ceramic fiber market is expected to remain the largest segment during the forecast period.”
Based on material type, the high temperature insulation material market is segmented into ceramic fibers, insulating firebricks (IFB), calcium silicate, and others. Lucintel forecasts that the ceramic fiber market is expected to remain the largest segment.
“Within the high temperature insulation material market, the petrochemicals segment is expected to remain the largest end use industry.”
Based on end use industry the petrochemicals segment is expected to witness the highest growth over the forecast period due to increase demand for energy conservation and growth in demand for petrochemical products.
“Asia pacific will dominate the high temperature insulation material market in near future.”
Asia Pacific will remain the largest market over the forecast period due to the shift in the manufacturing base of several end use industries in China, India, and South East Asia region and rise in the number of new manufacturing establishments in different sectors.
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Major players of high temperature insulation material market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Morgan Thermal Ceramics Plc, Unifrax, Etex Group, RHI AG, Isolite, Promat, Pyrotek, Skamol A/S, Mitsubishi Plastics Inc, Dyson Group, and Almatis GmbH. are among the major high temperature insulation material providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/high-temperature-insulation-material-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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