The report, “High Temperature Insulation Materials Market
by Type (Ceramic fibers, Insulating Fire Bricks), by Temperature, by
End-User (Petrochemical, Ceramics, Glass, Aluminum, Cement, Iron &
Steel, Refractory, Powder Metallurgy) - Global Trends & Forecast to
2019” defines and segments the global HTI market with an analysis and forecast for types, and applications by volume as well as value.
Browse 78 Market Data Tables and 81 Figures spread through 167 Slides
and in-depth TOC on "High Temperature Insulation Materials Market by
Type (Ceramic fibers, Insulating Fire Bricks), by Temperature, by
End-User (Petrochemical, Ceramics, Glass, Aluminum, Cement, Iron &
Steel, Refractory, Powder Metallurgy) - Global Trends & Forecast to
2019"
http://www.marketsandmarkets.com/Market-Reports/high-temperature-insulation-market-710.html
Early buyers will receive 10% customization on reports.
http://www.marketsandmarkets.com/Market-Reports/high-temperature-insulation-market-710.html
Early buyers will receive 10% customization on reports.
“Asia-Pacific is the key market for HTI”
Asia-Pacific, North America, and Europe dominated the
HTI market in 2013 and accounted for nearly 84.8% of the market, by
volume and 89.5% market by value. Region-wise, Asia-Pacific is the top
consumer of HTI products globally, and is also the largest market by
volume for HTI products registering a CAGR higher than the global
average till 2019. Europe is the second-largest HTI consumer in the
world. However South America is expected to grow fastest in terms of
volume and value at a CAGR of 10.9% and 11.2% respectively till 2019.
Diverse end-use markets range from petrochemicals, ceramics, glass,
aluminum, cement, iron & steel, refractory, powder metallurgy and
others. Growing GDP in the emerging region, rapid pace of
industrialization, growing production and industrial bases, increased
necessity to save energy and reduce greenhouse emissions remain key
growth driving forces in the post-recession period. Future growth in the
international market hinges heavily onto developing economies in
Asia-Pacific, South America, Middle East and Africa. The ensuing
increase in foreign investments and rise in the number of new
manufacturing establishments will witness Asia-Pacific emerge into a
prime driver of growth.
“Petrochemicals is the topmost application segment, and ceramic fibers dominates as the key type in the HTI market”
Petrochemicals take the topmost positions in the HTI
market with around 29.4% share by value in 2013. The fastest growth rate
till 2019 in the HTI market is projected to come from others
industries, which includes automotive, aerospace, fire protection and
solar application. The newer applications in the fire protection,
automotive, and aerospace industries are expected to benefit HTI market
over the next five years. Ceramic fibers dominate the HTI market by
type, in terms of volume and value. Petrochemicals industry mostly uses
ceramic fibers for insulation.
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Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
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