High Performance Insulation Materials Market Trends, Analysis and Review during

Posted by Aman Jain on May 2nd, 2019

Insulation or thermal insulation is the process of reducing heat transfer between two or more objects that are in the range of thermal contact or relative influence. Materials that help in reducing heat gain or loss by offering a barrier within the areas are known as insulation materials. The insulation capability of the materials depends on their thermal conductivity. Materials that provide superior insulation are known as high performance, are used in several application such as oil & gas, construction, transportation and power generation, automotive and paints and coatings, and industries. Some of the key attributes of high performance insulation materials are superior heat regulation, without the support of an air conditioning machine or heater, prevention from moisture damage, and an optimum in-house atmosphere. These materials have high load-bearing capacity with high resistance to thermal, flame, moisture, sound, and weather, thus being able to provide insulating properties of a superior level. High performance insulation materials also prevent fire damage. As per claims made at the Chalmers Energy Conference 2013, high performance insulation materials are projected to help reduce around 50% energy usage across sectors by 2050.

Download PDF Brochure: https://www.coherentmarketinsights.com/insight/request-pdf/260

Growing awareness regarding greenhouse emissions and rising demand for energy savings are major factors boosting growth of the global high performance insulation materials market. High performance insulation processes are in high demand in the industrial sector, mainly due to its natural ability to regulate temperature. This is a very important attribute, as it helps avoid costs related to artificial thermal regulators such as air conditioners and heaters. Energy usage during insulation processes is minimal, which helps to cut down on associated production costs. However, some of the disadvantages associated with the usage of high performance insulation processes are high set up and maintenance costs, and relatively low service life. The necessity for periodic maintenance of the materials results from them being made of aerogel and ceramic fibers.

High Performance Insulation Materials Market Outlook – Growing Construction Industry To Drive Market Growth

The growing construction sector is expected to have an immense positive impact on the growth of high performance insulation materials market. According to a study conducted by Coherent Market Insights, the global construction industry is projected to be pegged at over US$ 15 trillion by 2024, with Asia Pacific positioned as the growth engine (the regional market is expected to witness a massive 30% CAGR over 2016–2024). Growing population is a key factor towards growth of the construction industry. Rapid growth of retail industry is also fueling market growth.

Key players in the global high performance insulation materials market include Aspen Aerogels Inc., Unifrax Corporation, Nano High-Tech Company Ltd., Cabot Corporation, Ibiden Co Ltd., Morgan Thermal Ceramics, and, The 3M Company.

High Performance Insulation Materials Market Taxonomy

On the basis of product type, the global market is classified into:

  • Aerogel

    • Polymer

    • Silica

    • Carbon

  • Ceramic Fiber

    • Bio Persistence Fibers

    • Polycrystalline Fibers

    • Refractory Fibers

  • Glass Bubbles

  • Polystyrene

  • Others

On the basis of end-use industry, the global market is segmented into:

  • Energy

  • Oil & Gas

  • Construction

  • Automotive

  • Others

On the basis of geography, the global market is classified into:

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • Italy

    • France

    • Spain

    • Russia

    • Rest of Europe

  • Asia Pacific

    • China

    • India

    • Japan

    • ASEAN

    • Australia

    • South Korea

    • Rest of Asia Pacific

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Rest of Latin America

  • Middle East

    • GCC Countries

    • Israel

    • Rest of Middle East

  • Africa

    • Northern Africa

    • Central Africa

    • South Africa

Request Sample: https://www.coherentmarketinsights.com/insight/request-sample/260

Asia Pacific is projected to be the fastest growing region in the global high performance insulation materials market, mainly due to rampant growth of end-use industries such as construction and automotive, especially in emerging economies of India and China. As per stats released by Indian Brand Equity Foundation—part of the Department of Commerce, Ministry of Commerce and Industry, Government of India—the real estate market is expected to be valued at US$ 180 billion by 2020. The automotive sector in India has attracted FDI worth US$ 15.79 billion during April 2000–September 2016, as per statistics released by Department of Industrial Policy and Promotion (DIPP). On the other hand, Europe is expected to hold the largest share of the market throughout the forecast period, owing to its large base of end use industries and high awareness about greenhouse effect and lower energy usage among people.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah

Coherent Market Insights

1001 4th Ave,


Seattle, WA 98154

Tel: +1-206-701-6702


Like it? Share it!

Aman Jain

About the Author

Aman Jain
Joined: April 2nd, 2019
Articles Posted: 132

More by this author