High Temperature Insulation Market Report - Global Forecast till 2030

High Temperature Insulation Market Global Information by Product (Insulating Firebrick, Ceramic Fiber, Calcium Silicate and others), by Application (Petrochemicals, Glass, Aluminum, Iron & Steel, Cement, Refractory and others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2030

ID: MRFR/CnM/1474-HCR | February 2021 | Region: Global | 140 Pages         

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants

4.1.4 Application

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Industry Overview of the Global High Temperature Insulation Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global High Temperature Insulation Market, by Product

7.1 Introduction

7.2 Insulating Firebrick

7.2.1. Market Estimates & Forecast, 2020–2027

7.2.2. Market Estimates & Forecast, by Region, 2020–2027

7.3 Ceramic Fiber

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Calcium Silicate

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5. Others

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global High Temperature Insulation Market, by Application

8.1 Introduction

8.2 Petrochemicals

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Refractory

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

8.4 Iron & Steel

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Region, 2020–2027

8.5 Cement

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Region, 2020–2027

8.6 Aluminum

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast, by Region, 2020–2027

8.7 Glass

8.7.1 Market Estimates & Forecast, 2020–2027

8.7.2 Market Estimates & Forecast, by Region, 2020–2027

8.8 Others

8.8.1 Market Estimates & Forecast, 2020–2027

8.8.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global High Temperature Insulation Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast by Product , 2020–2027

9.2.5 Market Estimates & Forecast by Application, 2020–2027

9.2.6 US

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast by Product , 2020–2027

9.2.6.5 Market Estimates & Forecast by Application, 2020–2027

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2020–2027

9.2.7.2 Market Estimates & Forecast by Product , 2020–2027

9.2.7.5 Market Estimates & Forecast by Application, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast by Product , 2020–2027

9.3.5 Market Estimates & Forecast by Application, 2020–2027

9.3.6 Germany

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast by Product , 2020–2027

9.3.6.5 Market Estimates & Forecast by Application, 2020–2027

9.3.7. France

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast by Product , 2020–2027

9.3.7.5 Market Estimates & Forecast by Application, 2020–2027

9.3.8 Italy

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast by Product , 2020–2027

9.3.8.5 Market Estimates & Forecast by Application, 2020–2027

9.3.9 Spain

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast by Product , 2020–2027

9.3.9.5 Market Estimates & Forecast by Application, 2020–2027

9.3.10 UK

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast by Product , 2020–2027

9.3.10.5 Market Estimates & Forecast by Application, 2020–2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast by Product , 2020–2027

9.3.9.5 Market Estimates & Forecast by Application, 2020–2027

9.3.12 Netherlands

9.3.12.1 Market Estimates & Forecast, 2020–2027

9.3.12.2 Market Estimates & Forecast by Product , 2020–2027

9.3.12.3 Market Estimates & Forecast by Application, 2020–2027

9.3.13 Rest of Europe

9.3.13.1 Market Estimates & Forecast, 2020–2027

9.3.13.2 Market Estimates & Forecast by Product , 2020–2027

9.3.13.5 Market Estimates & Forecast by Application, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast by Product , 2020–2027

9.4.5 Market Estimates & Forecast by Application, 2020–2027

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast by Product , 2020–2027

9.4.6.5 Market Estimates & Forecast by Application, 2020–2027

9.4.7 India

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast by Product , 2020–2027

9.4.7.5 Market Estimates & Forecast by Application, 2020–2027

9.4.8 Japan

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast by Product , 2020–2027

9.4.8.5 Market Estimates & Forecast by Application, 2020–2027

9.4.9 Australia

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast by Product , 2020–2027

9.4.9.5 Market Estimates & Forecast by Application, 2020–2027

9.4.10 Malaysia

9.4.10.1 Market Estimates & Forecast, 2020–2027

9.4.10.2 Market Estimates & Forecast by Product , 2020–2027

9.4.10.5Market Estimates & Forecast by Application, 2020–2027

9.4.9 South Korea

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast by Product , 2020–2027

9.4.9.5 Market Estimates & Forecast by Application, 2020–2027

9.4.12 Rest of Asia-Pacific

9.4.12.1 Market Estimates & Forecast, 2020–2027

9.4.12.2 Market Estimates & Forecast by Product , 2020–2027

9.4.12.5Market Estimates & Forecast by Application, 2020–2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast by Product , 2020–2027

9.5.5 Market Estimates & Forecast by Application, 2020–2027

9.5.6 Saudi Arabia

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast by Product , 2020–2027

9.5.6.5 Market Estimates & Forecast by Application, 2020–2027

9.5.7 UAE

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast by Product , 2020–2027

9.5.7.5 Market Estimates & Forecast by Application, 2020–2027

9.5.8 Africa

9.5.8.1 Market Estimates & Forecast, 2020–2027

9.5.8.2 Market Estimates & Forecast by Product , 2020–2027

9.5.8.5Market Estimates & Forecast by Application, 2020–2027

9.5.9 Rest of the Middle East & Africa

9.5.9.1 Market Estimates & Forecast, 2020–2027

9.5.9.2 Market Estimates & Forecast by Product , 2020–2027

9.5.9.5 Market Estimates & Forecast by Application, 2020–2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020–2027

9.6.2 Market Estimates & Forecast by Product , 2020–2027

9.6.5 Market Estimates & Forecast by Application, 2020–2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020–2027

9.6.4.2 Market Estimates & Forecast by Product , 2020–2027

9.6.4.5 Market Estimates & Forecast by Application, 2020–2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020–2027

9.6.5.2 Market Estimates & Forecast by Product , 2020–2027

9.6.5.5 Market Estimates & Forecast by Application, 2020–2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020–2027

9.6.6.2 Market Estimates & Forecast by Product , 2020–2027

9.6.6.5 Market Estimates & Forecast by Application, 2020–2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020–2027

9.6.7.2 Market Estimates & Forecast by Product , 2020–2027

9.6.7.5 Market Estimates & Forecast by Application, 2020–2027

10. Competitive Landscape

10.1 Introduction

10.2 Market Key Strategies

10.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

11. Company Profiles

11.1 3M Company

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.1.6 Key Strategies

11.2 Dyson Group

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.2.6 Key Strategies

11.3 Hi-Temp Insulation Inc.

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Key Developments

11.3.5 SWOT Analysis

11.3.6 Key Strategies

11.4 Insulcon Group

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Key Developments

11.4.5 SWOT Analysis

11.4.6 Key Strategies

11.5 Isolite Insulating Products Company Ltd.

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.5.6 Key Strategies

11.6 Pacor Inc.

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.6.6 Key Strategies

11.7 Promat International NV

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.7.6 Key Strategies

11.8 Pyrotek

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.8.6 Key Strategies

11.9 Skamol

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.9.6 Key Strategies

11.10 Unifrax

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Product/Business Segment Overview

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.10.6 Key Strategies

11.11 Thermal Ceramics

11.11.1 Company Overview

11.11.2 Financial Updates

11.11.3 Product/Business Segment Overview

11.11.4 Key Developments

11.11.5 SWOT Analysis

11.11.6 Key Strategies

12. Conclusion

LIST OF TABLES

Table 1 Global High Temperature Insulation Market, by Region, 2020–2027

Table 2 North America: High Temperature Insulation Market, by Country, 2020–2027

Table 3 Europe: High Temperature Insulation Market, by Country, 2020–2027

Table 4 Asia-Pacific: High Temperature Insulation Market, by Country, 2020–2027

Table 5 Middle East & Africa: High Temperature Insulation Market, by Country, 2020–2027

Table 6 Latin America: High Temperature Insulation Market, by Country, 2020–2027

Table 7 High Temperature Insulation Product Market, by Region, 2020–2027

Table 8 North America: High Temperature Insulation Product Market, by Country, 2020–2027

Table 9 Europe: High Temperature Insulation Product Market, by Country, 2020–2027

Table 10 Asia-Pacific: High Temperature Insulation Product Market, by Country, 2020–2027

Table 11 Middle East & Africa: High Temperature Insulation Product Market, by Country, 2020–2027

Table 12 Latin America: High Temperature Insulation Product Market, by Country, 2020–2027

Table 11 High Temperature Insulation Application Market, by Region, 2020–2027

Table 14 North America: High Temperature Insulation Application Market, by Country, 2020–2027

Table 15 Europe: High Temperature Insulation Application Market, by Country, 2020–2027

Table 16 Asia-Pacific: High Temperature Insulation Application Market, by Country, 2020–2027

Table 17 Middle East & Africa: High Temperature Insulation Application Market, by Country, 2020–2027

Table 18 Latin America: High Temperature Insulation Application Market, by Country, 2020–2027

Table 19 Global High Temperature Insulation Product Market, by Region, 2020–2027

Table 20 Global High Temperature Insulation Application Market, by Region, 2020–2027

Table 21 North America: High Temperature Insulation Market, by Country, 2020–2027

Table 22 North America: High Temperature Insulation Market, by Product , 2020–2027

Table 23 North America: High Temperature Insulation Market, by Application, 2020–2027

Table 24 Europe High Temperature Insulation Market, by Country, 2020–2027

Table 25 Europe High Temperature Insulation Market, by Product , 2020–2027

Table 26 Europe High Temperature Insulation Market, by Application, 2020–2027

Table 27 Asia-Pacific High Temperature Insulation Market, by Country, 2020–2027

Table 28 Asia-Pacific High Temperature Insulation Market, by Product , 2020–2027

Table 29 Asia-Pacific High Temperature Insulation Market, by Application, 2020–2027

Table 30 Middle East & Africa: High Temperature Insulation Market, by Country, 2020–2027

Table 31 Middle East & Africa: High Temperature Insulation Market, by Product , 2020–2027

Table 32 Middle East & Africa: High Temperature Insulation Market, by Application, 2020–2027

Table 33 Latin America: High Temperature Insulation Market, by Country, 2020–2027

Table 34 Latin America: High Temperature Insulation Market, by Product , 2020–2027

Table 35 Latin America: High Temperature Insulation Market, by Application, 2020–2027

LIST OF FIGURES

FIGURE 1 High Temperature Insulation Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of High Temperature Insulation Market

FIGURE 4 Supply Chain of High Temperature Insulation Market

FIGURE 5 Share of High Temperature Insulation Market, by Country, 2020 (%)

FIGURE 6 Global High Temperature Insulation Market, 2020–2027

FIGURE 7 Sub Segments of Product

FIGURE 9 High Temperature Insulation Market size, by Product , 2020 (%)

FIGURE 10 Share of High Temperature Insulation Market, by Product , 2020–2027

FIGURE 17 Sub Segments of Application

FIGURE 18 High Temperature Insulation Market size, by Application, 2020 (%)

FIGURE 19 Share of High Temperature Insulation Market, by Application, 2020–2027

High Temperature Insulation Market

High Temperature Insulation Market is projected to be worth USD 9.90 billion by 2030, registering a CAGR of 5.7% during the forecast period (2021 - 2030).

$9.90 billion

Market Size


5.7%

CAGR


Asia-Pacific

Dominating Region

2021-2030

Forecast Period

Segmentation

By Product Insulating Firebrick Ceramic Fiber Calcium Silicate
By Application Petrochemicals Glass Aluminum Iron & Steel Cement Refractory

Key Players

  • 3M Company (US)
  • ADL Insulflex Inc (US)
  • Dyson Group (Australia)
  • Hi-Temp Insulation Inc. (US)
  • Insulcon Group (UK)
  • Isolite Insulating Products Company Ltd (US)
  • Pacor Inc. (US)
  • Promat International NV (Belgium)
  • Pyrotek (India)
  • Skamol A/S (Denmark)
  • Unifrax (India)
  • Thermal Ceramics (UK)

Drivers

  • Increasing use of petroleum products is expected to surge the number of oil & gas exploration activities
  • Consequently boost the demand for high temperature insulation products
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High Temperature Insulation Market Overview


The high temperature insulation market was valued over USD 3.96 billion in 2016 and expected to register a CAGR of 7.2% during the forecast period. High temperature insulation is used in building and manufacturing equipment’s to prevent heat gain. The products are designed to enhance the energy efficiency and increase the performance of ventilating, heating, and power systems installed in commercial and industrial sectors. Growth in the industrial sector is increasing the application of high temperature insulation in equipment and factories positively impacting the market. For instance, the United Nations Industrial Development Organization (UNIDO), reported that in 2000 manufacturing output was valued at USD 7,535.0 billion, which reached USD 12,316 billion by 2016. In addition, industrialized economies accounted for manufacturing output worth USD 6,822.0 billion in 2016, and emerging industrial economies valued at USD 4,926.0 billion.


High temperature insulation products are significantly used for thermal management in critical high temperature environments. It improves the efficiency of processes by reducing operating cost, emission, and energy consumption in the petrochemical industry. High temperature insulation works excellently on equipment working under toughest environment of oil & gas which is surging the application of high temperature insulation products in upstream, downstream, and midstream processes thus providing excellent thermal managing system. The growth of the oil and gas industry is mainly driven by an increase in demand for energy in India and China on account of the expansion of various industries. According to Organization of the Petroleum Exporting Countries (OPEC), oil and gas collectively are expected to continue to cater to more than half of the global energy needs by 2040, which is expected to propel the growth of high temperature insulation products market during the assessment period.


Moreover, the increasing use of petroleum products is expected to surge the number of oil & gas exploration activities, and consequently boost the demand for high temperature insulation products in the petrochemical industry. According to the US Department of Energy, the global consumption of petroleum was around 93 million barrels per day in 2015. The petroleum consumption in the US was around 1.96 million barrels per day by the end of 2017. Furthermore, the total revenue generated from the Canadian oil & gas extraction was USD 118.5 billion in 2017, as reported by the Government of Canada. High dependency on petrochemical products is expected to boost the high temperature insulation market growth.


Key Players



  • 3M Company (US)

  • ADL Insulflex Inc (US)

  • Dyson Group (Australia)

  • Hi-Temp Insulation Inc. (US)

  • Insulcon Group (UK)

  • Isolite Insulating Products Company Ltd (US)

  • Pacor Inc. (US)

  • Promat International NV (Belgium)

  • Pyrotek (India)

  • Skamol A/S (Denmark)

  • Unifrax (India) and Thermal Ceramics (UK)


High Temperature Insulation Market Share, by Application, 2018 (%)  High Temperature Insulation Market_Image


Source: MRFR Analysis


Regional Analysis


Asia-Pacific dominates the global high temperature insulation market with significant market share owing to high metal production and an increasing number of power plant constructions. Rapid urbanization and economic development in the region have triggered the growth of several end-use such as automotive, construction, and aerospace industries positively influencing the demand for metal and energy to support growth, thus, fueling high temperature insulation market growth.


In North America, the US is increasing oil production, obtaining resources from unconventional sources which have opened new investment opportunities for the region. Due to the increased in production of oil & gas, high temperature insulation products is witnessing remarkable growth driving the products to demand in the region.  


Market Segmentation


The global high temperature Insulation market has been segmented on the basis of product, application, and region. Based on the product, the global market is segmented into insulating firebrick, ceramic fiber, calcium silicate, and others. The insulating firebrick and calcium silicate are projected to be the fastest growing segment at a healthy CAGR. On the basis of application, the global market is divided into petrochemicals, aluminum, iron & steel, cement, refractory, glass, cement, and others. The petrochemicals segment is projected to exhibit exponential growth during the forecast period owing to the high demand for petrochemicals products such as fuel and chemicals across the region.  


Intended Audience



  • High temperature insulation manufacturers

  • Traders and distributors of high temperature insulation

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories

Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2016: USD 3.96 Billion
  • 2030: Significant value

    		•
      CAGR   7.2% (2022-2030)
      Base Year   2021
      Forecast Period   2022-2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Product, Application and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   3M Company (US), ADL Insulflex Inc (US), Dyson Group (Australia), Hi-Temp Insulation Inc. (US), Insulcon Group (UK), Isolite Insulating Products Company Ltd (US), Pacor Inc. (US), Promat International NV (Belgium), Pyrotek (India), Skamol A/S (Denmark), Unifrax (India) and Thermal Ceramics (UK)
      Key Market Opportunities   Increase in demand for energy in India and China on account of the expansion of various industries
      Key Market Drivers   Increasing use of petroleum products is expected to surge the number of oil & gas exploration activities, and consequently boost the demand for high temperature insulation products


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    Frequently Asked Questions (FAQ) :

    The global high temperature insulation market was valued at USD 3.96 billion in 2016.

    The global high temperature insulation market is expected to exhibit a strong 7.2% CAGR over the forecast period.

    The petrochemicals sector is the leading end-use segment of the global high temperature insulation market, followed by iron and steel and refractories.

    Asia Pacific is the leading regional market for high temperature insulation due to the growing concentration of power plants and manufacturing plants in the region.

    Leading players in the global high temperature insulation market include 3M, ADL Insulfex Inc., Dyson Group, Insulcon Group, Pacor Inc., Promat International NV, Pyrotek, and Skamol A/S.