Some of the major factors driving HTI market are the increasing demand of energy and power from industries, growing awareness about the environment and depletion of traditional sources of energy. The major benefits offered by HTI products are sustainability at high temperatures and high compressive strength. High temperature insulation products are widely used in industrial applications, fire protection and emission control applications. Some of the industries where HTI products are used widely are petrochemicals, refractory, metallurgy, glass, cement, aluminum and others. Petrochemicals and glass industries together consume more than 40% of the total HTI products market. Owing to the benefits provided and wide applicability in various industries HTI market is set to witness double digit growth rate in the coming future. Among all the major geographies Asia-Pacific provides the maximum opportunity due to the availability of cheap labor and less raw material costs when compared to the U.S. and Europe.
This research report analyzes the High Temperature Insulation market depending on various segments and major geographies. This detailed study includes trend analysis, market numbers, industry growth drivers and restraints along with the future market projections. This market research report includes analysis of current developments, Porter’s five force analysis and detailed profiles of top industry players. Report also discusses the importance of macro and minor factors important for existing market players and new entrants along with detailed value chain analysis.
High temperature insulation market is segmented on the basis of product types, applications in various industries and geographies. Major product types are ceramic fibers, calcium silicate and others. Key geographies analyzed are North America, Asia-pacific, Europe, Middle East and ROW. Major Industries analyzed are petrochemical, ceramic, aluminum, iron and steel among others.
Key market players in the industry are Unifrax LLC and Morgan Thermal Ceramics (Morgan Crucible PLC). Other market players include Pyrotek, Promat, Zircar, Skamol and others
Reasons for buying this report:
- Clear understanding of the factors driving and restraining the growth of the market
- Stay ahead of competition by understanding the changing competitive landscape
- Make more informed business decisions from an in-depth analysis of the HTI market and its segments
- In-depth analysis of major geographies along with seven year forecast for each and every market segment and sub segment
- An in-depth analysis of your competitors and their key developments
- Analysis of the challenges faced by the industry and recommendations to overcome those challenges