According to a new market research report, “High Temperature Insulation Market - HTI Application (petrochemicals, glass, ceramics, and others) and Temperature Range - Global Trends & Forecasts (2011 - 2016)”, global HTI products market will grow from estimated $2.7 billion in 2011 to $3.5 billion in 2016 with a compound annual growth rate of 5.4% during the same period.
Key Content of the Report
80 market data tables
Figures spread through 245 pages of report
In-depth TOC on High Temperature Insulation Market
Global Trends & Forecasts (2011 – 2016)
Early buyers will receive 10% customization on this report.
The global HTI market was valued at $2.47 billion in 2007. Next year the market grew by 10.6% and reached to $2.73 billion in 2008. In 2009, the global economic crisis affected the number of projects across various industries which led to a fall in market by 16% to $2.29 billion. In 2010, the market recovered and companies in high temperature insulation business recorded significant jump in their revenues. For instance, The Morgan Crucible Company Plc reported a 12% rise in their thermal ceramic division’s revenue which includes high temperature insulation products. In 2010 the overall high temperature insulation market surged by 9.6% and reached to $2.51 billion. In 2011, the market jumped again by 7.8% to $2.9 billion and the similar growth is expected in next year.
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The high temperature insulation market is forecasted to reach $3.5 billion by 2016 at a compounded annual growth rate of 5.4% in next five years. Europe is the largest consumer of HTI products with 40% market share in 2011 followed by North America with 35% share. UK based Morgan Thermal Ceramics and U.S. based Unifrax are the largest manufacturers of HTI products and together constitute one third of the market.
The report ‘High Temperature Insulation Market by Application (petrochemicals, glass, ceramics, and others), and Temperature Range – Global Trends & Forecasts (2011 – 2016)’ segments the HTI market by application, temperature range, and geography. It also focuses on market share analysis, and market metrics like drivers, restraints and opportunities. With more than 80 market data tables/figures, it breaks and forecast the market in every possible way.
This high temperature insulation market research report categorizes the global market for high temperature insulation products on the basis of applications, operating temperature, and geography; forecasting the revenues and consumption volume and analyzing the trends in each of the following submarkets:
On the basis of applications:
Petrochemicals, glass, cement, ceramics, iron and steel, refractory, powder metallurgy, and other applications such as aerospace and solar equipment
On the basis of operating temperature range:
1,0000 C - 1,1500 C; 1,1500 C - 1,3000 C; 1,3000 C - 1,5000 C; 1,5000 C - 1,7000 C; Above 1,7000 C
On the basis of geography:
- North America (U.S., Canada, and Mexico)
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