DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "High Temperature Insulation Materials Market - Global Forecast to 2021" report to their offering.
The high temperature insulation materials market is projected to reach USD 5.13 billion by 2021, at a CAGR of 8.3% between 2016 and 2021.
Increasing demand for high temperature insulation materials from the petrochemicals industry is a major driver for this market. The petrochemicals industry accounts for nearly 70% of the total energy demand within the chemicals sector. Therefore, the growing need for energy savings is propelling the adoption of high temperature insulation materials from this industry.
However, several countries worldwide have strict regulations toward the use of ceramic fibers, as these fibers are carcinogenic in nature. These countries have formulated regulations regarding the occupational exposure limit for the production of ceramic fibers. This acts as a restraint to the growth of the high temperature insulation materials market.
Insulating firebricks and other materials (such as perlite, vermiculite, and microporous materials) segments are expected to register high growth in the high temperature insulation materials market. This is due to the increasing usage of high temperature insulation materials in varied industry verticals. Ceramic fibers are the largest type segment of the high temperature insulation materials market.
Companies Mentioned
- 3M Company
- ADL Insulflex Inc.
- Almatis GmbH
- BNZ Materials Inc.
- Cellaris Ltd.
- Cotronics Corporation
- Dyson Group PLC
- Etex Group
- ETS Schaefer Corp.
- Hi-Temp Insulation Inc.
- Ibiden Co., Ltd.
- Insulcon Group
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Others
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 High Temperature Insulation Materials Market, By Type
8 High Temperature Insulation Materials Market, By Temperature Range
9 High Temperature Insulation Materials : By End-Use Industry
10 High Temperature Insulation Materials Market, By Region
11 Competitive Landscape
12 Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/ndtxr3/high_temperature
