Global Microporous Insulation Industry Report 2023: Market to Reach $244.9 Million by 2030 from $165 Million in 2022 - Robust Commercial Outlook for Fuel Cells to Open Up New Opportunities
Tuesday, December 26, 2023
DUBLIN, Dec. 18, 2023 /PRNewswire/ -- The "Microporous Insulation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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Global Microporous Insulation Market to Reach $244.9 Million by 2030
The global market for Microporous Insulation estimated at US$165.5 Million in the year 2022, is projected to reach a revised size of US$244.9 Million by 2030, growing at a CAGR of 5% over the analysis period 2022-2030. Rigid Boards & Panels, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$112.1 Million by the end of the analysis period. Growth in the Flexible Panels segment is estimated at 5.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $43.9 Million, While China is Forecast to Grow at 7.8% CAGR
From analyzing the potentially exponential growth in regions like China, to studying the steady progress in developed markets like the US, Japan, Germany and Canada, our report offers a highly detailed geopolitical analysis. This systematic study also covers the promising market in Asia-Pacific which is led by emerging economies such as Australia, India, and South Korea.
The Microporous Insulation market in the U.S. is estimated at US$43.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$54.6 Million by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
What`s New?
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and trademarked research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
MARKET TRENDS & DRIVERS
-- Focus on Enhancing Automotive Performance with Improved Insulation
Drives Opportunities for Microporous Insulation
-- Opportunities for Microporous Insulation in the Automotive Industry to
Move In-Tandem With Production Trends: Global Light Vehicle Production
(In Million Units) for Years 2019 Through 2025
-- Robust Power Generation Activity Fuels Demand for Insulation
-- Growing Focus On Nuclear Energy Opens Opportunities for the Use of
Microporous Insulation in Nuclear Power Plants
-- Growing Concerns Over Safety & Strong Outlook for Nuclear Power Plant &
Equipment to Expand the Addressable Market Opportunity for Microporous
Insulation: Global Market for Nuclear Power Plant & Equipment (In US$
Billion) for Years 2022, 2024, 2026, 2028 and 2030
-- Thermal Management for Fuel Cells Throws the Spotlight on Microporous
Insulation Solutions
-- Robust Commercial Outlook for Fuel Cells to Open Up New Opportunities
for Microporous Insulation in Thermal Management of Fuel Cells: Global
Market for Fuel Cells (In US$ Million) for Years 2022, 2024, 2026
-- Growing Industrial Insulation Needs Bodes Well for Market Growth
-- Strong Opportunities for Microporous Insulation in Aircraft
Manufacturing
-- Insulation Needs for the Oil & Gas Industry Brings Microporous
Insulation Into the Spotlight
MARKET OVERVIEW
-- Growing Focus on Energy Efficiency Drives Up the Importance of
Insulation as One of the Most Easy & Efficient Ways to Conserve Energy
-- As Clamor for Energy Efficiency Grows, So Does the Business Case for
Insulation as One of the Essential Elements for Ensuring Energy
Efficiency of Equipment & Infrastructure: Global Opportunity for Thermal
Insulation (In US$ Billion) for Years 2022, 2024, 2026, 2028, and 2030
-- What's Ahead for Businesses & Markets?
-- Competition
-- Microporous Insulation - Global Key Competitors Percentage Market Share
in 2022 (E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2022 (E)
-- Brief Overview of Microporous Insulation
-- Recent Market Activity
FOCUS ON SELECT PLAYERS (Total 57 Featured)
-- Evonik Industries AG
-- Johns Manville
-- Morgan Advanced Materials PLC
-- Kingspan Group PLC
-- Nichias Corporation
-- BIFIRE S.r.l.
-- Armil C.F.S., Inc.
-- IMS Insulations
-- Lynn Manufacturing
-- North Refractories Co.,Ltd.
-- KyungDong One Co., Ltd.
-- Inproheat Industries Ltd.
-- HoganAs Borgestad Holding AB
-- Luyang Energy-saving Materials Co., Ltd.
-- Jiangshan Agrochemical and Chemical
For more information about this report visit https://www.researchandmarkets.com/r/h3jpop
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