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    Microporous Insulation Market | Covid-19 Impact Analysis

    Microporous Insulation Market | Covid-19 Impact Analysis

    Microporous Insulation Market | Covid-19 Impact Analysis
    Report code - SRAM503 Delivery - 2 Weeks
    Microporous Insulation Market Size, Share, Trend, Forecast, & Industry Analysis &ndash See more...
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    Impact of COVID-19 on Microporous Insulation Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Microporous Insulation Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Microporous Insulation Market Insights

    Microporous Insulation market is likely to witness an impressive CAGR of 4.5% during the forecast period. The major factors contributing to the growth of the microporous insulation market are the growing need for energy conservation and low thermal conductivity insulation products in various industries, such as industrial and oil & gas.

    Microporous Insulation Market - Snapshot

    Growth

    4.5% for the next five years

    Major Product Type

    Rigid Boards & Panels

    Dominant End-Use Industry Type

    Industrial

    Region with the highest demand

    Europe

    Key Players

    Promat International N.V., Morgan Advanced Materials plc,

    Isoleika S. Coop., Unicorn Insulations Limited, ThermoDyne, Unifrax,

    Elmelin Ltd., Johns Manville, Guangzhou Huineng Environmental Protection Materials Co. Ltd. (Siltherm), NICHIAS Corp

     

    Market Share Analysis

    Microporous-Insulation-Market-Dominant-Segments

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    Microporous Insulation Market Share: By Product Type

    Based on the product type, the market is segmented as rigid boards & panels, flexible panels, and others. The rigid boards & panels segment held the largest share of the market in 2019, and is expected to maintain its dominance during the forecast period. Rigid boards & panels have extremely low thermal conductivity and high thermal stability because of which they are used in different temperature-sensitive and critical applications, which in turn, is driving the growth of this segment.

    Microporous Insulation Market Share: By Application Type

    Based on the application type, the market is segmented as industrial, energy & power, oil & gas, aerospace & defense, and others. The industrial segment dominates the market. The rapid industrialization in the Asia-Pacific region and the growing demand for high thermal resistance products used in various industrial applications are expected to propel the growth of this segment during the forecast period.

    Microporous Insulation Market Share: By Region

    In terms of regions, Europe is estimated to be the largest as well as fastest-growing microporous insulation market during the forecast period, with France, Germany, the UK, and Italy being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of various end-use industries, such as industrial, aerospace & defense, oil & gas, and others, which is generating huge demand for microporous insulation and the presence of a large number of microporous insulation manufacturers in the European region. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Microporous-Insulation-Market-By-Region

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    Some of the major players in the microporous insulation market are-

    • Promat International N.V.
    • Morgan Advanced Materials plc
    • Isoleika S. Coop.
    • Unicorn Insulations Limited
    • ThermoDyne
    • Unifrax
    • Elmelin Ltd.
    • Johns Manville
    • Guangzhou Huineng Environmental Protection Materials Co. Ltd. (Siltherm)
    • NICHIAS Corp.

     

    Market Scope & Segmentation

    Microporous Insulation is a material in the form of compacted powder or fibers with an average interconnecting pore size comparable to or below the mean free path of air molecules at standard atmospheric pressure. Microporous insulation products create excellent fire barriers to protect steel, aluminum, or composite (GRP) structures.

    Microporous Insulation materials are the preferred choice when a large temperature reduction is required within a limited space, or when strict heat loss or surface temperature requirements are specified. Microporous insulation are of different types, such as Rigid Boards & Panels, Flexible Panels, and Others, that are used in various end-use industries, such as Industrial, Energy & Power, Oil & Gas, Aerospace & Defense, and Others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Microporous Insulation Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The microporous insulation market is segmented into the following categories. 

    Microporous Insulation Market Size, Share, & Forecast, by Product Type:

    • Rigid Boards & Panels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Flexible Panels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Product Type Analysis: Moldable Products, Machined Parts, and Pourable Products)

    Microporous Insulation Market Size, Share, & Forecast, by Application Type:

    • Industrial
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis:  Iron & Steel, Glass, Cement, Non-Ferrous Metal, and Ceramic)
    • Energy & Power
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Conventional Power Generation, Nuclear Power Generation, and Fuel Cells)
    • Oil & Gas
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Petrochemical and Transportation)
    • Aerospace & Defense
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Aerospace, Naval & Sea, and Army Munition)
    • Others
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Automotive and Consumer Appliances)

    Microporous Insulation Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Italy, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Microporous-Insulation-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

     


    Frequently Asked Questions (FAQs)

    What will be the growth of Microporous Insulation Market in the foreseeable future?

    The microporous insulation market is expected to witness an impressive growth of 4.5% CAGR in the foreseeable future.

    Who are the key players in the Microporous Insulation Market?

    Promat International N.V., Morgan Advanced Materials plc, Isoleika S. Coop., Unicorn Insulations Limited, ThermoDyne, Unifrax, Elmelin Ltd., Johns Manville, Guangzhou Huineng Environmental Protection Materials Co. Ltd. (Siltherm), and NICHIAS Corp are among the key players in the microporous insulation market.

    Which country/region is expected to be the largest Microporous Insulation Market?

    Europe is expected to be the largest microporous insulation market during the next five years.

    Which product type is expected to remain dominant in the Microporous Insulation Market?

    The rigid board & panels segment is expected to remain dominant in the microporous insulation market in the coming years.

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