High Temperature Insulation Market Analysis Report By Product (Ceramic Fiber, Insulating Firebrick, Calcium Silicate), By Application (Petrochemicals, Cement, Refractory), And Segment Forecasts, 2012 - 2020

Published: Jul, 2018 | Pages: 99 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The global high temperature insulation (HTI) market size is expected to reach USD 5.14 billion by 2020, according to a new report by Grand View Research, Inc., exhibiting a 7.5% CAGR during the forecast period. Stringent regulations imposed on oil and gas, cement, and metal to reduce greenhouse gas (GHG) emissions has augmented market growth.

Energy savings and reduced emissions are key benefits driving the adoption of high temperature insulation; environmental initiatives supported by regulatory agencies across the globe will also support market growth. Durability issues are expected to remain a key challenge for manufacturers. However, development of new applications for HTI products and emergence of low bio-persistent and bio-based insulation products are expected to open opportunities for market participants.

The global HTI industry is led by production innovation and application development. While competition is expected to intensify over the next few years, the market is also expected to consolidate as leading participants look to enter new regional markets and enhance market presence through strategic mergers. Regulations are expected to be a critical factor influencing industry development.

HTI products are required to meet standards set by U.S. EPA, European REACH, and recently adopted CLP regulations. European Chemical Regulations supplemented by local and national regulations are applicable for high temperature insulation wools as these are considered chemical substances. Increasing need to reduce energy consumption and emissions has particularly encouraged development of advanced high temperature insulation products.

There are moderate barriers to entry in the HTI industry. The stringent and dynamic regulatory scenario makes entry difficult as product acceptance and registration remains a key challenge for new entrants. Frequent alliances, acquisitions, and mergers are steadily pushing the industry toward consolidation, which in turn, is expected to somewhat counter the threat of new entrants.

Further key findings from the report suggest:

• The industrial sector accounted for over 30.0% of the global fuel consumption. Close to 25.0% of the total energy used in industrial processes is wasted due to various factors

• Processes such as smelting generate significant heat, with temperatures soaring to 2,0000C in blast furnaces in the iron and steel industry. About 20.0% to 30.0% of the heat energy generated during these processes is lost through normal convection in the absence of insulation

• Thermal properties of HTI products erode over time, while continuous heat exposure causes shrinkage and heat leakage through the insulation layer. This hampers product performance, resulting in the need to replace HTI products every two years or so

• The petrochemical industry is the largest as well as fastest growing market for high temperature insulation and provides immense opportunities for players

 Table of Contents

Chapter 1 Executive Summary
                 1.1 High Temperature Insulation - Industry Summary & Critical Success Factors (CSFs)

Chapter 2 High Temperature Insulation Industry Outlook 
                  2.1 Market Segmentation 
                  2.2 Market Size and Growth Prospects 
                  2.3 High Temperature Insulation Market Dynamics 
                  2.4 Key Opportunities Prioritized 
                  2.5 Industry Analysis - Porter's
                  2.6 High Temperature Insulation - Company Market Share Analysis
                  2.7 High Temperature Insulation - PESTEL Analysis 

Chapter 3 High Temperature Insulation Product Outlook
                  3.1 Ceramic Fiber
                  3.2 Insulating Firebricks (IFBs)
                  3.3 Calcium Silicate
                  3.4 Others

Chapter 4 High Temperature Insulation Application Outlook
                  4.1 Petrochemicals
                  4.2 Ceramics
                  4.3 Glass
                  4.4 Cement
                  4.5 Iron & Steel
                  4.6 Refractory
                  4.7 Powder metallurgy
                  4.8 Aluminum
                  4.9 Others 

Chapter 5 High Temperature Insulation Regional Outlook 
                  5.1 North America 
                  5.2 Europe 
                  5.3 Asia Pacific
                  5.4 RoW

Chapter 6 High Temperature Insulation - Competitive landscape
                  6.1 3M Company
                      6.1.1 Company Overview
                      6.1.2 Financial Performance
                      6.1.3 Product Benchmarking
                      6.1.4 Strategic Initiatives
                  6.2 ADL Insulflex Inc
                      6.2.1 Company Overview
                      6.2.2 Financial Performance
                      6.2.3 Product Benchmarking
                      6.2.4 Strategic Initiatives
                  6.3 Almatic GmbH
                      6.3.1 Company Overview
                      6.3.2 Financial Performance
                      6.3.3 Product Benchmarking
                      6.3.4 Strategic Initiatives
                  6.4 Cellaris Ltd
                      6.4.1 Company Overview
                      6.4.2 Financial Performance
                      6.4.3 Product Benchmarking
                      6.4.4 Strategic Initiatives
                  6.5 Dyson Group
                      6.5.1 Company Overview
                      6.5.2 Financial Performance
                      6.5.3 Product Benchmarking
                      6.5.4 Strategic Initiatives
                  6.6 Hi-Temp Insulation Inc.
                      6.6.1 Company Overview
                      6.6.2 Financial Performance
                      6.6.3 Product Benchmarking
                      6.6.4 Strategic Initiatives
                  6.7 Insulcon Group
                      6.7.1 Company Overview
                      6.7.2 Financial Performance
                      6.7.3 Product Benchmarking
                      6.7.4 Strategic Initiatives
                  6.8 Isolite Insulating Products Company Ltd.
                      6.8.1 Company Overview
                      6.8.2 Financial Performance
                      6.8.3 Product Benchmarking
                      6.8.4 Strategic Initiatives
                  6.9 Pacor Inc.
                      6.9.1 Company Overview
                      6.9.2 Financial Performance
                      6.9.3 Product Benchmarking
                      6.9.4 Strategic Initiatives
                  6.10 Promat International NV
                      6.10.1 Company Overview
                      6.10.2 Financial Performance
                      6.10.3 Product Benchmarking
                      6.10.4 Strategic Initiatives
                  6.11 Pyrotek
                     6.11.1 Company Overview
                     6.11.2 Financial Performance
                     6.11.3 Product Benchmarking
                     6.11.4 Strategic Initiatives
                  6.12 Skamol A/S
                     6.12.1 Company Overview
                     6.12.2 Financial Performance
                     6.12.3 Product Benchmarking
                     6.12.4 Strategic Initiatives
                  6.13 Saffil
                     6.13.1 Company Overview
                     6.13.2 Financial Performance
                     6.13.3 Product Benchmarking
                     6.13.4 Strategic Initiatives 
                  6.14 Thermal Ceramics
                     6.14.1 Company Overview
                     6.14.2 Financial Performance
                     6.14.3 Product Benchmarking
                     6.14.4 Strategic Initiatives
                  6.15 Unifrax
                     6.15.1 Company Overview
                     6.15.2 Financial Performance
                     6.15.3 Product Benchmarking
                     6.15.4 Strategic Initiatives
                  6.16 Zircar
                     6.16.1 Company Overview
                     6.16.2 Financial Performance
                     6.16.3 Product Benchmarking
                     6.16.4 Strategic Initiatives 

Chapter 7 Methodology and Scope 
                  7.1 Research Methodology 
                  7.2 Research Scope & Assumption 
                  7.3 List of Data Sources

List of Tables

Table 1 Global HTI market production volume and revenue, 2012 - 2020
Table 2 Global HTI market production volume by region, 2012 - 2020 (Kilo Tons)
Table 3 Global HTI market revenue by region, 2012 - 2020 (USD million)
Table 4 Global HTI market production volume by product, 2012 - 2020 (Kilo Tons)
Table 5 Global HTI market revenue by product, 2012 - 2020 (USD million)
Table 6 Global HTI market production volume by application, 2012 - 2020 (Kilo Tons)
Table 7 Global HTI market revenue by application, 2012 - 2020 (USD million)
Table 8 Global ceramic fiber production volume, 2012 - 2020 (Kilo Tons)
Table 9 Global ceramic fiber market revenue, 2012 - 2020 (USD million)
Table 10 Global insulating firebrick production volume, 2012 - 2020 (Kilo Tons)
Table 11 Global insulating firebrick market revenue, 2012 - 2020 (USD million)
Table 12 Global calcium silicate production volume, 2012 - 2020 (Kilo Tons)
Table 13 Global calcium silicate market revenue, 2012 - 2020 (USD million)
Table 14 Global other HTI production volume, 2012 - 2020 (Kilo Tons)
Table 15 Global other HTI market revenue, 2012 - 2020 (USD million)
Table 16 Global HTI production volume for petrochemicals, 2012 - 2020 (Kilo Tons)
Table 17 Global HTI market revenue for petrochemicals, 2012 - 2020 (USD million)
Table 18 Global HTI production volume for ceramics, 2012 - 2020 (Kilo Tons)
Table 19 Global HTI market revenue for ceramics, 2012 - 2020 (USD million)
Table 20 Global HTI production volume for glass, 2012 - 2020 (Kilo Tons)
Table 21 Global HTI market revenue for glass, 2012 - 2020 (USD million)
Table 22 Global HTI production volume for cement, 2012 - 2020 (Kilo Tons)
Table 23 Global HTI market revenue for cement, 2012 - 2020 (USD million)
Table 24 Global HTI production volume for iron & steel, 2012 - 2020 (Kilo Tons)
Table 25 Global HTI market revenue for iron & steel, 2012 - 2020 (USD million)
Table 26 Global HTI production volume for refractory, 2012 - 2020 (Kilo Tons)
Table 27 Global HTI market revenue for refractory, 2012 - 2020 (USD million)
Table 28 Global HTI production volume for powder metallurgy, 2012 - 2020 (Kilo Tons)
Table 29 Global HTI market revenue for powder metallurgy, 2012 - 2020 (USD million)
Table 30 Global HTI production volume for aluminum, 2012 - 2020 (Kilo Tons)
Table 31 Global HTI market revenue for aluminum, 2012 - 2020 (USD million)
Table 32 Global HTI production volume for other application, 2012 - 2020 (Kilo Tons)
Table 33 Global HTI market revenue for other application, 2012 - 2020 (USD million)
Table 34 North America HTI production volume by product, 2012 - 2020 (Kilo Tons)
Table 35 North America HTI market revenue by product, 2012 - 2020 (USD million)
Table 36 North America HTI production volume by application, 2012 - 2020 (Kilo Tons)
Table 37 North America HTI market revenue by application, 2012 - 2020 (USD million)
Table 38 Europe HTI production volume by product, 2012 - 2020 (Kilo Tons)
Table 39 Europe HTI market revenue by product, 2012 - 2020 (USD million)
Table 40 Europe HTI production volume by application, 2012 - 2020 (Kilo Tons)
Table 41 Europe HTI market revenue by application, 2012 - 2020 (USD million)
Table 42 Asia Pacific HTI production volume by product, 2012 - 2020 (Kilo Tons)
Table 43 Asia Pacific HTI market revenue by product, 2012 - 2020 (USD million)
Table 44 Asia Pacific HTI production volume by application, 2012 - 2020 (Kilo Tons)
Table 45 Asia Pacific HTI market revenue by application, 2012 - 2020 (USD million)
Table 46 RoW HTI production volume by product, 2012 - 2020 (Kilo Tons)
Table 47 RoW HTI market revenue by product, 2012 - 2020 (USD million)
Table 48 RoW HTI production volume by application, 2012 - 2020 (Kilo Tons)
Table 49 RoW HTI market revenue by application, 2012 - 2020 (USD million)

List of Figures

Fig.1 High temperature insulation (HTI) industry summary & critical success factors (CSFs)
Fig.2 HTI market segmentation
Fig.3 Global HTI market 2012 - 2020 (volume & revenue)
Fig.4 Global HTI market volumes growth by region, 2012 - 2020 (Kilo Tons)
Fig.5 Global HTI market volumes growth by product, 2012 - 2020 (Kilo Tons)
Fig.6 Global HTI market volumes growth by application, 2012 - 2020 (Kilo Tons)
Fig.7 HTI market dynamics
Fig.8 HTI company market share analysis, 2012
Fig.9 Key opportunities prioritized
Fig.10 Industry analysis - Porter's
Fig.11 HTI PESTEL analysis, 2012
Fig.12 High temperature insulation (HTI) market volume share by product, 2012 & 2020
Fig.13 Global ceramic fiber demand, 2012 - 2020 (volume & revenue)
Fig.14 Global insulating firebrick demand, 2012 - 2020 (volume & revenue)
Fig.15 Global calcium silicate demand, 2012 - 2020 (volume & revenue)
Fig.16 Global other HTI demand, 2012 - 2020 (volume & revenue)
Fig.17 High temperature insulation (HTI) market volume share by application, 2012 & 2020
Fig.18 Global HTI demand from petrochemicals, 2012 - 2020 (volume & revenue)
Fig.19 Global HTI demand from ceramics, 2012 - 2020 (volume & revenue)
Fig.20 Global HTI demand from glass, 2012 - 2020 (volume & revenue)
Fig.21 Global HTI demand from cement, 2012 - 2020 (volume & revenue)
Fig.22 Global HTI demand from iron & steel, 2012 - 2020 (volume & revenue)
Fig.23 Global HTI demand from refractory, 2012 - 2020 (volume & revenue)
Fig.24 Global HTI demand from aluminum, 2012 - 2020 (volume & revenue)
Fig.25 Global HTI demand from other application, 2012 - 2020 (volume & revenue)
Fig.26 North America HTI production volume by product, 2012 - 2020 (Kilo Tons)
Fig.27 North America HTI market revenue by product, 2012 - 2020 (USD million)
Fig.28 North America HTI production volume by application, 2012 - 2020 (Kilo Tons)
Fig.29 North America HTI market revenue by application, 2012 - 2020 (USD million)
Fig.30 Europe HTI production volume by product, 2012 - 2020 (Kilo Tons)
Fig.31 Europe HTI market revenue by product, 2012 - 2020 (USD million)
Fig.32 Europe HTI production volume by application, 2012 - 2020 (Kilo Tons)
Fig.33 Europe HTI market revenue by application, 2012 - 2020 (USD million)
Fig.34 Asia Pacific HTI production volume by product, 2012 - 2020 (Kilo Tons)
Fig.35 Asia Pacific HTI market revenue by product, 2012 - 2020 (USD million)
Fig.36 Asia Pacific HTI production volume by application, 2012 - 2020 (Kilo Tons)
Fig.37 Asia Pacific HTI market revenue by application, 2012 - 2020 (USD million)
Fig.38 RoW HTI production volume by product, 2012 - 2020 (Kilo Tons)
Fig.39 RoW HTI market revenue by product, 2012 - 2020 (USD million)
Fig.40 RoW HTI production volume by application, 2012 - 2020 (Kilo Tons)
Fig.41 RoW HTI market revenue by application, 2012 - 2020 (USD million)
Fig.42 Global HTI Market - competitive landscape
Fig.43 Research methodology
Fig.44 List of data sources
Fig.45 Research scope & assumptions
Fig.46 Disclaimer