Microporous Insulation Market Introduction

Global Microporous Insulation Market is estimated to value over USD 162 million by 2027 end and register at a CAGR of over 4.2% during the forecast period of 2020 to 2027. 
Microporous insulation is a fusion of silica, fibers and other opacifiers. They are meticulously designed to restrict convection, heat conduction and radiation decreasing the flow of heat as a result. Microporous insulation can reduce heat loss, steaming, plumbing, increase heating operating frequency and many more such systems that are utilized for commercial or industrial installations. The most peculiar characteristics of microporous insulation is extremely low thermal conductivity. They are mainly used for heat shields and metal products in the aerospace industry. 

Microporous Insulation Market Overview:
A hydrophobic nature, good resistance of weather and excellent performance under thermal conditions are the factors driving the global market. Furthermore, manufacturing industries like glass, steel, cement and iron have a huge requirement of microporous insulation materials which boosts the market further.

Based on the region, the global market is bifurcated into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America holds a major share of the market and it is expected to stay the same during the forecast period. Due to rapid infrastructural development and industrialization, western Europe is expected to witness a rise in the market growth rate during the forecast period. The Asia Pacific is a fast-growing market and is expected to witness rapid market growth during the forecast period due to industrialization that is currently taking place at a rapid rate in this region. 
Product wise, the market is segmented into rigid boards & panels, flexible panels. The rigid board panels have a very low conductivity of heat and high stability of heat due to which they are primarily used in temperature-sensitive applications. These characteristics have resulted in a rise in demand for rigid panels thus helping to grow the market even further. 
The industrial market segmentation of the market is represented as Industrial, energy & power, oil & gas and aerospace & defence. Industrial and energy & power industry are the two segments that require a lot of thermally resistant products and thus account for the major share of the global market. 

Microporous Insulation Market Segmentation:

By Region
•    North America
•    Europe
Asia Pacific
•    Latin America
•    Middle East & Africa
By Product 
•    Rigid Boards & Panels
•    Flexible Panels
•    Others
By Industry
•    Industrial
•    Energy & Power
•    Oil & Gas
•    Aerospace & Defense

Competitive Landscape:
•    Isoleika S Coop.
•    Morgan Advanced Materials plc
•    Unicorns Insulations Ltd.
•    NICHIAS Corp.
•    ThermoDyne
•    Unifrax
•    N.V
•    Guangzhou Huineng Environmental Protection Materials Co Ltd.

FutureWise Key Takeaways:
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study:
•    To provide with an exhaustive analysis on the global microporous insulation market by region, by product, by industry 
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies 


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What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics