Insulating material - a material that reduces or prevents the transmission of heat or sound or electricity
High-Performance Insulation Materials industry has much fragmented, manufacturers are mostly in the North America and Europe. Among them, North America Production value accounted for less than 28.21% of the total value of global High-Performance Insulation Materials. Overall, the High-Performance Insulation Materials performance is positive, despite the weak economic environment.
The Asia-Pacific market is projected to register the highest growth in the global high-performance insulation materials market between 2016 and 2021. The high-performance insulation materials market in Europe and North America is consolidated, whereas, the market in Asia-Pacific has a fragmented structure. High-performance insulation materials manufacturers are significantly expanding their production capacities in China, Japan, and South Korea.
The major restraints in the high-performance insulation materials market are high production cost of aerogels and carcinogenic nature of ceramic fibers. Expansion and new product launch are the most preferred strategies adopted by the key market players to sustain in this highly competitive market. Major opportunities in the market are growing applications of aerogels in day-lighting segment and others.
In the past few years, as the main raw material price was relatively stable, with the increasing in production capacity, expected that the High-Performance Insulation Materials raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of High-Performance Insulation Materials.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The average price of High-Performance Insulation Materials will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
According to this study, over the next five years the High-Performance Insulation Materials market will register a 5.2% CAGR in terms of revenue, the global market size will reach US$ 7960 million by 2024, from US$ 5880 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in High-Performance Insulation Materials business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of High-Performance Insulation Materials market by product type, application, key manufacturers and key regions and countries.
This study considers the High-Performance Insulation Materials value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Ceramic Fibers
Aerogels
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Oil & Gas
Industrial
Construction,
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Morgan Thermal Ceramics
The 3M Company
Unifrax Corporation
Cabot Corporation
Shandong Luyang Share Co., Ltd.
Ibiden Co. Ltd.
Aspen Aerogels, Inc.
Isolite Insulating Products Co., Ltd.
BASF SE
Guangdong Alison Hi-Tech Co. Ltd.
Aerogel Technologies, Llc
Nano High-Tech Co., Ltd.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global High-Performance Insulation Materials consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of High-Performance Insulation Materials market by identifying its various subsegments.
Focuses on the key global High-Performance Insulation Materials manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the High-Performance Insulation Materials with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of High-Performance Insulation Materials submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on High-Performance Insulation Materials . Industry analysis & Market Report on High-Performance Insulation Materials is a syndicated market report, published as Global High-Performance Insulation Materials Market Growth 2019-2024. It is complete Research Study and Industry Analysis of High-Performance Insulation Materials market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.