Microporous Insulation Market : Global Market Size and Forecast 2019-2025

Posted by pranshu@95 on August 22nd, 2019

Global microporous insulation market is growing at a significant CAGR during the forecast period. Microporous insulation is a composite material in the form of fibers with pores having a diameter less than 2 nm (nanometer). This insulation consists of opacifier which reduces the amount of radiant heat emission. The resulting material and pore structure produce thermal insulation which has very low thermal conductivity across various temperature, these materials have lower thermal conductivity than ceramic fiber materials. The microporous material is inorganic, due to which it is non-combustible and is also suitable for fire protection applications.

A full report of Global microporous insulation market  is available at: https://www.omrglobal.com/industry-reports/microporous-insulation-market

Essential Characteristics of Microporous Insulation

  • Exceptional thermal efficiency
  • Low weight with high compression strength
  • Ability to withstand high temperatures
  • Easy fabrication
  • Space and weight saver
  • good resistance to flame and weather

The primary factor for the rising demand of microporous insulation is a growing aerospace industry. One of the major ways to improve aircraft performance is reducing its structural weight, lighter material allows more speed and less operational cost. Additionally, it may also lead to less fuel consumption and thus making the aerospace industry one of the most prominent sectors which need more lightweight materials. Lighter material allows an aircraft to increase its load-carrying capacity. Due to this, the industry is moving towards microporous insulation which enables them to meet space and weight specifications and simultaneously increases performance. This has significantly contributed to the growth of the 

Another industry is power and energy with increasing fuel prices and the main cause of global warming due to fossil fuels. These industries are tilting towards renewable energy sources such as solar power, biofuels and so on. These sources exist freely in nature, never run out and are eco-friendly. Moreover, the use of microporous insulation will play a crucial role due to low maintenance and better thermal efficiency which will allow them to produce more electricity. Additionally, nuclear power plants need maximum efficiency in power generation and optimized heat flows and minimum wastage through heat loss. This is significantly contributing to the growth of the microporous insulation market.

Due to the exceptional thermal efficiency and lightweight, microporous insulation has found increasing demand in oil and gas industries. Oil and gas industries are more prone to blasts, fire and high temperature. Thermal insulation is one of the crucial requirements during manufacturing due to high levels of heat emission by steam turbines, gas turbines, boilers, and furnaces. These industries require materials which can withstand high temperature with very less thermal conductivity.

The key objectives of the Microporous Insulation Market  study:

  • To analyze the Microporous Insulation Market  by segments with historical data of 2017 and 2018 and forecast to 2025.
  • To study the key factors influencing the growth of the market.
  • Focuses on the key leaders to define and analyze the sales volume, value, share, competitive landscapes, SWOT analysis, and development plans.
  • To analyze the Microporous Insulation Market  growth, global trends, future prospectus and contribution to the market.

Global Microporous Insulation Market: Segmentation

Global Microporous Insulation Market by Product

  • Rigid Panel
  • Flexible Panel

Global Microporous Insulation Market by Application

  • Industrial
  • Energy & Power
  • Oil & Gas
  • Aerospace & Defense
  • Others (Automotive, Consumer Appliances)

Global Microporous Insulation Market: Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

About Orion Market Research

Orion Market Research (OMR) is an Indian research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company provides quality syndicated research reports, customized research reports, company profiling, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667,+91 780-304-0404

Like it? Share it!


pranshu@95

About the Author

pranshu@95
Joined: June 17th, 2019
Articles Posted: 229

More by this author