According to a market report by Lucintel, the future of the high temperature insulation material market looks promising with opportunities in the petrochemical, ceramic, glass, aluminum, cement, iron & steel, refractory, and powder metallurgy industries. The high temperature insulation material market is expected to grow with a CAGR of 8% from 2019 to 2024. The major drivers for this market are increasing awareness regarding energy conservation and strict policy imposed on cement, oil & gas, and metal producers to reduce greenhouse gas (GHG) emissions.
In this market, ceramic fiber, insulating firebricks (IFB), and calcium silicate are the major materials used for high temperature insulation. On the basis of comprehensive research, ceramic fiber will remain the largest material used for high temperature insulation. Ceramic fiber has low density and low thermal conductivity which facilitate the control of temperature inside the insulating material.
Within the high temperature insulation material market, petrochemicals will remain the largest end use industry due to increase demand for energy conservation and growth in demand for petrochemical products.
Asia Pacific will remain the largest market over the forecast period due to the shift in the manufacturing base of several end use industries in China, India, and South East Asia region and rise in the number of new manufacturing establishments in different sectors.
Morgan Thermal Ceramics Plc, Unifrax, Etex Group, RHI AG, Isolite, Promat, Pyrotek, Skamol A/S, Mitsubishi Plastics Inc, Dyson Group, and Almatis GmbH are among the major manufacturers of high temperature insulation materials.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the high temperature insulation material market by end use, material type, temperature range, and region. Lucintel has prepared a comprehensive research report titled "High Temperature Insulation Material Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the high temperature insulation material market by material type, temperature range, end use industry, and region as follows:
By Material Type [$M shipment analysis for 2013 – 2024]:
• Ceramic Fibers
• Insulating Firebricks (IFB)
• Calcium Silicate
• Others
By Temperature Range [$M shipment analysis for 2013 – 2024]:
• (600-1100)0C or (1112-2012) 0F
• (1100-1500) 0C or (2012-2732) 0F
• (1500-1700) 0C or (2732-3092) 0F
• 17000C and Above or 30920F and Above
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Petrochemical
• Ceramics
• Glass
• Aluminum
• Cement
• Iron & Steel
• Refractory
• Powder Metallurgy
• Others (Aerospace, Automotive, Fire Protection, and Solar Applications)
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o U.K.
o Russia
o Turkey
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia Pacific
• ROW
o Brazil
o Argentina
o UAE
o Saudi Arabia
o Others
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link………[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers the following 11 key questions:
Q.1.What are some of the most promising potential, high growth opportunities for the High temperature insulation material market by material type (ceramic fibers, insulating firebricks (IFB), calcium silicate, and others), temperature range [(600-1100)0C or (1112-2012)0F, (1100-1500) 0C or (2012-2732) 0F, (1500-1700) 0C or (2732-3092) 0F, and 17000C and above or 30920F and above], end use industry segments (petrochemical, ceramics, glass, aluminum, cement, iron & steel, refractory, powder metallurgy, and others {aerospace, automotive, fire protection, and solar applications}), and region (Asia Pacific, North America, Western Europe, Central & Eastern Europe, South America, and Middle East & Africa)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the high temperature insulation material market?
Q.5.What are the business risks and threats to the high temperature insulation material market?
Q.6.What are the emerging trends in the high temperature insulation material market and the reasons behind them?
Q.7.What are some changing demands of customers in the high temperature insulation material market?
Q.8.What are the new developments in the high temperature insulation material market? Which companies are leading these developments?
Q.9.Who are the major players in the high temperature insulation material market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in the high temperature insulation material market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities did take place in the last five years in the high temperature insulation material market?