Global High Temperature Insulation Materials Market Report to 2027 – Players Include Almatis, BNZ Materials and Insulcon BV – ResearchAndMarkets.com

Global High Temperature Insulation Materials Market Report to 2027 – Players Include Almatis, BNZ Materials and Insulcon BV – ResearchAndMarkets.com
CANNANNEW REPORT

DUBLIN–(BUSINESS WIRE)–The “High Temperature Insulation Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global high temperature insulation materials market reached a value of US$ 5.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 8.3 Billion by 2027, exhibiting a CAGR of 8.46% during 2021-2027. Companies Mentioned 3M ADL Insulflex Inc. Almatis GmbH BNZ Materials Dysons Insulcon BV Isolite Insulating Products Co. Ltd. M.E. Schupp Industriekeramik GmbH Mitsubishi Chemical Holdings Morgan Advanced Materials Pacor Inc. Promat Pyrotek Inc. RHI Magnesita Skamol Unifrax Corporation Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. High-temperature insulation (HTI) materials refer to various microporous materials that aid in preventing the transfer of heat and energy in various industrial applications. It includes materials, such as ceramic fibers, insulating firebricks and calcium silicate, which are used in high-pressure steam piping, flanges, boilers, dryers, furnaces and turbines. These materials also aid in protecting the equipment from extreme temperature changes, minimizing energy utilization and reducing greenhouse gas (GHG) emissions into the environment. Owing to this, they find extensive applications across the commercial, residential and industrial sectors. Rapid industrialization across the globe is one of the key factors driving the growth of the market. In line with this, expansion in the petrochemical industry is also providing a boost to the market growth. The pressure- and heat-resistant HTI materials are widely used as insulating and fire-proof linings in the manufacturing of various industrial boards, cast shapes and textile products. Rising environmental consciousness, including concerns regarding the depletion of traditional sources of energy,…

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Source : Global High Temperature Insulation Materials Market Report to 2027 – Players Include Almatis, BNZ Materials and Insulcon BV – ResearchAndMarkets.com

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