Thermal insulation is the reduction of heat transfer (i.e. the transfer of thermal energy between objects of differing temperature) between objects in thermal contact or in range of radiative influence. Thermal insulation can be achieved with specially engineered methods or processes, as well as with suitable object shapes and materials.
Ongoing research & developments in nanotechnology based thermal insulation coatings are likely to boost the market growth as they offer excellent strength and thermal resistance with lower thickness. Technological breakthroughs, innovations, and studies carried out for expanding the product’s application scope are projected to foster demand.
Rising utilization of heat insulation solutions in the defense, automotive, manufacturing, and aerospace sectors is anticipated to push manufacturers to backward integration in the value chain over the coming years. Greater participation in the value chain is likely to result in time reduction for transforming raw materials into finished products and in gaining cost advantage.
Insulation manufacturers are expanding in terms of production capacity and infrastructure with an aim to cater to the growing market requirements. Moreover, many of the product manufacturing companies are using acquisition and partnership strategies for procuring raw materials. Mergers and joint ventures are an integral part of this market and allow companies to expand their market position.
In 2019, the market size of Industrial Thermal Insulation is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Thermal Insulation.
This report studies the global market size of Industrial Thermal Insulation, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Industrial Thermal Insulation production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
3M Company (USA)
Armacell International S.A. (Luxembourg)
BASF Polyurethanes GmbH (Germany)
BNZ Materials, Inc. (USA)
Cabot Corporation (USA)
CECA (France)
Cellofoam North America, Inc. (USA)
ContiTech AG (Germany)
DBW Advanced Fiber Technologies GmbH (Germany)
Evonik Industries AG (Germany)
Flumroc AG (Switzerland)
G+H Isolierung GmbH (Germany)
GAF (USA)
Glava A/S (Norway)
Huntsman Corporation (USA)
Insulcon Group (Belgium)
Isolatek International, Inc. (USA)
Johns Manville (USA)
Industrial Insulation Group LLC (USA)
Kingspan Group plc (Ireland)
Knauf Insulation GmbH (Germany)
Market Segment by Product Type
Foam Plastic Material
Glass Fiber
Other
Market Segment by Application
Power Generation
Industrial Furnace
Automobile Industry
Aerospace
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Industrial Thermal Insulation status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Industrial Thermal Insulation manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Industrial Thermal Insulation are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Industrial Thermal Insulation. Industry analysis & Market Report on Industrial Thermal Insulation is a syndicated market report, published as Global (United States, European Union and China) Industrial Thermal Insulation Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Industrial Thermal Insulation market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.