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Microporous Insulation Market by Application and Geography - Global Forecast and Analysis 2019-2023

  • Published: Sep 2019
  • Pages: 137
  • SKU: IRTNTR31974
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The global microporous insulation market size will grow by USD 34.94 million during 2019-2023. This market report provides a detailed analysis of the market by application (industrial, energy and power, oil and gas, aerospace and defense, and other applications) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on many microporous insulation manufacturers, including Advanced Ceramics Corp., Berkshire Hathaway Inc., Elmelin Ltd., Etex SA-NV, Inproheat Industries Ltd., Kingspan Group Plc, Laizhou Mingguang Thermal Insulation Materials Co. Ltd., Morgan Advanced Materials Plc, NICHIAS Corp., and Thermo Dyne.

Key Insights on Microporous Insulation Market – Global Forecast 2019-2023

Microporous-Insulation Market

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Industry Overview

Microporous insulation has several applications in the aerospace industry because of lightweight and thermal management properties and fire protection capabilities. They are used in heat shields, engine, exhaust insulation, and various other components in the aircraft. Microporous insulation materials reduce heat transmission by absorbing and reflecting the radiant heat. They are also non-combustible, which makes them best suitable in fire protection applications. With the rise in production of aircraft, the demand for microporous insulation is increasing in the aerospace industry. This is one of the key factors that will drive the growth of microporous insulation market size during the forecast period.

The growth of the automobile industry is another major factor that will drive market growth over the forecast period. Microporous insulation is used in many interior as well as exterior components such as exhaust systems, catalytic converters, and diesel particle filters to provide thermal insulation to vehicles. Microporous insulation also ensures pressure resistance and vibration resistance and improves acoustic characteristics in the vehicle, which aids in the reduction of design costs. Moreover, their lightweight helps in increasing fuel efficiency in vehicles. The growth of the automobile industry in countries such as China, India, France, Italy, South Korea, Japan, and the US is increasing the demand for microporous insulation materials. The microporous insulation market forecast predicts that as a result of these factors, the market will register a CAGR of nearly 5% during 2019-2023.

Top Companies in Microporous Insulation Market

The global market is fragmented. To help clients improve their market positions, this microporous insulation market analysis report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This report also includes information on the upcoming microporous insulation market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading microporous insulation manufacturers, including:

  • Advanced Ceramics Corp.
  • Berkshire Hathaway Inc.
  • Elmelin Ltd.
  • Etex SA-NV
  • Inproheat Industries Ltd.
  • Kingspan Group Plc
  • Laizhou Mingguang Thermal Insulation Materials Co. Ltd.
  • Morgan Advanced Materials Plc
  • NICHIAS Corp.
  • Thermo Dyne

Market Segmentation

Microporous Insulation Market by Application

  • Industrial
  • Energy and power
  • Oil and gas
  • Aerospace and defense
  • Other applications

The industrial segment will account for the highest microporous insulation market share over the forecast period. The rise in number of cement and iron and steel manufacturing plants across the world is increasing the demand for microporous insulation. The growth of such industries will increase the demand for microporous insulation from this segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the microporous insulation market size.

Microporous Insulation Market by Region

  • APAC
  • Europe
  • MEA
  • North America
  • South America

With a complete study of the growth opportunities for companies, it has been identified that Europe will account for the highest share of the microporous insulation market throughout the forecast period. The region is witnessing an increase in the number of power plants in countries such as the UK and Germany. The new power plants are expected to be completely operational from 2020. This has increased the demand for microporous insulation in the region, thereby driving microporous insulation market growth in Europe.

Major Highlights of the Microporous insulation Market - Global Forecast 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the microporous insulation market size during the next five years
  • Precise estimation of the global microporous insulation market size and its contribution to the parent market
  • Accurate microporous insulation market forecast on upcoming trends and changes in consumer behavior
  • The growth of the microporous insulations industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of microporous insulation manufacturers

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Industrial - Market size and forecast 2018-2023
  • Energy and power - Market size and forecast 2018-2023
  • Oil and gas - Market size and forecast 2018-2023
  • Aerospace and defense - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Emergence of new power plants
  • Rising demand due to growth in automotive industry
  • Increasing steel production

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Advanced Ceramics Corp.
  • Berkshire Hathaway Inc.
  • Elmelin Ltd.
  • Etex SA-NV
  • Inproheat Industries Ltd.
  • Kingspan Group Plc
  • Laizhou Mingguang Thermal Insulation Materials Co. Ltd.
  • Morgan Advanced Materials Plc
  • NICHIAS Corp.
  • Thermo Dyne

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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