Microporous Insulation Market Analysis By Product (Rigid Boards & Panels, Flexible Panels), By Application (Industrial, Energy & Power, Oil & Gas, Aerospace & Defense), By Region, And Segment Forecasts, 2014 - 2025

Published: Jul, 2017 | Pages: 100 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The global microporous insulation market is expected to reach USD 184.8 Million by 2025, according to a new report by Grand View Research, Inc. The rapid growth of the end-use industries has been a major factor driving the global market.

Energy & power industry has been witnessing significant growth in the power generation from renewable energy. Thermal insulation is one of the vital requirements during manufacturing on account of high levels of heat emission by gas and steam turbines. The superior properties of microporous insulation allow efficient protection of the equipment during power generation. This is likely to have a positive impact on the demand for the product in this sector.

High product cost is expected to be the major market restraint over the forecast period. High manufacturing cost on account of low industrial production capacity is anticipated to restrict market growth.

The product is considered expensive for utilization in price sensitive sectors such as commercial, automotive, and industrial applications. However, companies including Thermodyne have been trying to develop products which can lead to energy conservation and weight reduction, thereby compensating the high cost.

Further key findings from the report suggest:

• Flexible panel segment is expected to grow at fastest CAGR of 5.1% due to its wide range of application in oil & gas industry

• Industrial segment emerged as the largest application in 2016 and is expected to grow at a CAGR of 4.7% from 2017 to 2025 on account of high utilization of the product in metal, iron & steel, nonferrous metals, and ceramic industries

• Oil & gas industry is expected to grow at fastest CAGR of 6.5% in Middle East & Africa region due to presence of huge oil reserves

• Europe accounted for the largest market share in 2016 and is expected to grow at a CAGR of 3.8% from 2017 to 2025. The industry is expected to witness fastest growth in demand from aerospace & defense sector in the region.

• The Asia Pacific market is expected to witness fastest CAGR of 6.0% from 2017 to 2025 on account of high GDP growth, rising population, and rapid industrialization in the region

• Market players have been adopting mergers & acquisition and expansion as their key strategic initiatives over the past years. For instance, in August 2011, Unifrax LLC acquired three North American vacuum forming businesses which are, VacuForm Incorporated ("VFI"), Refractory Specialties Incorporated ("RSI"), and specialty Ceramics Incorporated ("SCI").

• In December 2013, Promat International Nv started a new factory in North America to expand its product offerings in passive fire protection (PFP) and high-performance insulation (HPI)

 Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources

Chapter 2. Executive Summary
2.1. Market Snapshot

Chapter 3. Microporous Insulation Industry Outlook
3.1. Market segmentation
3.2. Microporous insulation market value chain analysis
3.3. Raw material trend
3.4. Market dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.5. Regulatory framework
3.6. Penetration and growth prospects, 2014 - 2025
3.7. Industry analysis - Porter's
3.8. PESTEL analysis, 2015

Chapter 4. Microporous Insulation: Product Outlook
4.1. Microporous insulation market share by product, 2016 & 2025 (USD '000)
4.2. Rigid boards & panels
4.2.1. Market estimates and forecast, 2014 - 2025 (USD '000) 
4.2.2. Market estimates and forecast by region, 2014 - 2025 (USD '000)
4.3. Flexible panels
4.3.1. Market estimates and forecast, 2014 - 2025 (USD '000) 
4.3.2. Market estimates and forecast by region, 2014 - 2025 (USD '000)
4.4. Others
4.4.1. Market estimates and forecast, 2014 - 2025 (USD '000) 
4.4.2. Market estimates and forecast by region, 2014 - 2025 (USD '000)

Chapter 5. Microporous Insulation: Application Outlook
5.1. Microporous insulation market share by application, 2016 & 2025(USD '000)
5.2. Industrial 
5.2.1. Market estimates and forecast, 2014 - 2025 (USD '000)
5.2.2. Market estimates and forecast by region, 2014 - 2025 (USD '000)
5.3. Energy & power 
5.3.1. Market estimates and forecast, 2014 - 2025 (USD '000)
5.3.2. Market estimates and forecast by region, 2014 - 2025 (USD '000)
5.4. Oil & gas 
5.4.1. Market estimates and forecast, 2014 - 2025 (USD '000)
5.4.2. Market estimates and forecast by region, 2014 - 2025 (USD '000)
5.5. Aerospace & defense 
5.5.1. Market estimates and forecast, 2014 - 2025 (USD '000)
5.5.2. Market estimates and forecast by region, 2014 - 2025 (USD '000)
5.6. Others 
5.6.1. Market estimates and forecast, 2014 - 2025 (USD '000)
5.6.2. Market estimates and forecast by region, 2014 - 2025 (USD '000)

Chapter 6. Microporous Insulation Market: Regional Outlook
6.1. Microporous insulation market share by region, 2015 & 2025(USD '000)
6.2. North America 
6.2.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.2.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.2.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.2.4. U.S.
6.2.4.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.2.4.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.2.4.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.2.5. Canada 
6.2.5.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.2.5.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.2.5.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.2.6. Mexico 
6.2.6.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.2.6.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.2.6.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.3. Europe 
6.3.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.3.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.3.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.3.4. Germany.
6.3.4.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.3.4.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.3.4.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.3.5. UK
6.3.5.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.3.5.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.3.5.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.3.6. France
6.3.6.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.3.6.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.3.6.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.4. Asia Pacific 
6.4.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.4.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.4.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.4.4. China 
6.4.4.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.4.4.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.4.4.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.4.5. India 
6.4.5.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.4.5.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.4.5.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.4.6. Japan 
6.4.6.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.4.6.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.4.6.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.5. Central & South America 
6.5.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.5.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.5.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.5.4. Brazil 
6.5.4.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.5.4.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.5.4.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)
6.6. Middle East & Africa 
6.6.1. Market estimates and forecast, 2014 - 2025 (USD '000)
6.6.2. Market estimates and forecast by product, 2014 - 2025 (USD '000)
6.6.3. Market estimates and forecast by application, 2014 - 2025 (USD '000)

Chapter 7. Competitive Landscape
7.1. Competitive scenario
7.2. Vendor landscape
7.3. Market positioning 
7.4. Strategy framework 

Chapter 8. Company Profiles 
8.1. Promat International Nv
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking 
8.1.4. Strategic Initiatives
8.2. Johns Manville Corporation
8.2.1. Company Overview
8.2.2. Product Benchmarking 
8.3. Morgan Advanced Materials PLC
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking 
8.4. Unifrax LLC
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking 
8.4.4. Strategic Initiatives
8.5. Nichias Corporation
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking 
8.6. Techno Physik Engineering GmbH
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking 
8.7. Elmelin Ltd.
8.7.1. Company Overview
8.7.2. Product Benchmarking
8.8. Unicorn Insulations Ltd.
8.8.1. Company Overview
8.8.2. Product Benchmarking
8.9. Laizhou Mingguang Thermal Insulation Material Co. Ltd.
8.9.1. Company Overview
8.9.2. Product Benchmarking
8.10. Siltherm International Group Limited
8.10.1. Company Overview
8.10.2. Product Benchmarking
8.11. Shanghai Nanovix Thermal Insulation Co., Ltd.
8.11.1. Company Overview
8.11.2. Product Benchmarking
8.12. Isoleika S. Coop
8.12.1. Company Overview
8.12.2. Product Benchmarking 
8.13. Kingspan Insulation LLC
8.13.1. Company Overview
8.13.2. Financial Performance
8.13.3. Product Benchmarking
8.14. Zircar Ceramics Inc.
8.14.1. Company Overview
8.14.2. Product Benchmarking
8.15. Murugappa Group
8.15.1. Company Overview
8.15.2. Product Benchmarking

List of Tables

TABLE 1 Rigid boards & panels microporous insulation market estimates & forecasts, 2014 - 2025 (USD '000)
TABLE 2 Rigid boards & panels microporous insulation market revenue, 2014 - 2025 (USD '000)
TABLE 3 Flexible panels microporous insulation market estimates & forecasts, 2014 - 2025 (USD '000)
TABLE 4 Flexible panels microporous insulation market revenue, 2014 - 2025 (USD '000)
TABLE 5 Other products microporous insulation market estimates & forecasts, 2014 - 2025 (USD 000)
TABLE 6 Other products microporous insulation market revenue, 2014 - 2025 (USD '000)
TABLE 7 Global microporous insulation market estimates & forecasts in industrial, 2014 - 2025 (USD '000)
TABLE 8 Global microporous insulation market revenue in industrial, 2014 - 2025 (USD '000)
TABLE 9 Global microporous insulation market estimates & forecasts in oil & gas, 2014 - 2025 (USD '000)
TABLE 10 Global microporous insulation market revenue in oil & gas, 2014 - 2025 (USD Million)
TABLE 11 Global microporous insulation market estimates & forecasts in energy & power, 2014 - 2025 (USD '000)
TABLE 12 Global microporous insulation market revenue in energy & power, 2014 - 2025 (USD '000)
TABLE 13 Global microporous insulation market estimates & forecasts aerospace & defense, 2014 - 2025 (USD '000)
TABLE 14 Global microporous insulation market revenue in aerospace & defense, 2014 - 2025 (USD '000)
TABLE 15 Microporous insulation market estimates & forecasts in others, 2014 - 2025 (USD '000)
TABLE 16 Global microporous insulation market revenue in others, 2014 - 2025 (USD '000)
TABLE 17 North America microporous insulation market revenue, by application, 2014 - 2025 (USD '000)
TABLE 18 North America microporous insulation market revenue, by product, 2014 - 2025 (USD '000)
TABLE 19 U.S. microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 20 U.S. microporous insulation market, by product, 2014 - 2025 (USD '000)
TABLE 21 Canada microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 22 Canada microporous insulation market, by product, 2014 - 2025 (USD Million)
TABLE 23 Mexico microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 24 Mexico microporous insulation market, by product, 2014 - 2025 (USD Million)
TABLE 25 Europe microporous insulation market revenue, by application, 2014 - 2025 (USD '000)
TABLE 26 Europe microporous insulationmarket revenue, by product, 2014 - 2025 (USD '000)
TABLE 27 Germany microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 28 Germany microporous insulationmarket, by product, 2014 - 2025 (USD '000)
TABLE 29 UK microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 30 UK microporous insulationmarket, by product, 2014 - 2025 (USD '000)
TABLE 31 France microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 32 France microporous insulation market, by product, 2014 - 2025 (USD '000)
TABLE 33 Asia Pacific microporous insulationmarket revenue, by application, 2014 - 2025 (USD '000)
TABLE 34 Asia Pacific microporous insulation market revenue, by product, 2014 - 2025 (USD '000)
TABLE 35 China microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 36 China microporous insulation market, by product, 2014 - 2025 (USD '000)
TABLE 37 Japan microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 38 Japan microporous insulation market, by product, 2014 - 2025 (USD '000)
TABLE 39 India microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 40 India microporous insulation market, by product, 2014 - 2025 (USD '000)
TABLE 41 Central & South America microporous insulation market revenue, by application, 2014 - 2025 (USD '000)
TABLE 42 Central & South America microporous insulationmarket revenue, by product, 2014 - 2025 (USD '000)
TABLE 43 Brazil microporous insulation market, by application, 2014 - 2025 (USD '000)
TABLE 44 Brazil microporous insulation market, by product, 2014 - 2025 (USD '000)
TABLE 45 MEA microporous insulationmarket revenue, by application, 2014 - 2025 (USD '000)
TABLE 46 MEA microporous insulationmarket revenue, by product, 2014 - 2025 (USD '000)

List of Figures

FIG. 1 Market summary, 2016
FIG. 2 Market segmentation & scope
FIG. 3 Microporous insulation - Value chain analysis
FIG. 4 Fumed silica market size, 2014 - 2025 (USD Million) (Kilo Tons)
FIG. 5 Mineral wool price index ( Index Dec 1981 = 100 )
FIG. 6 Market Dynamics
FIG. 7 Market driver relevance analysis (Current & future impact)
FIG. 8 World primary energy demand, by fuel type (mboe/d) (2014 - 2025)
FIG. 9 Air craft production (Aircraft units) (2014 - 2025)
FIG. 10 World primary energy demand (mboe/d)(2014 - 2025)
FIG. 11 Market restraint relevance analysis (Current & future impact)
FIG. 12 Penetration & growth prospect mapping
FIG. 13 PESTEL Analysis
FIG. 14 Porter's Five Forces Analysis
FIG. 15 Microporous insulation market Source outlook: Key takeaways
FIG. 16 Microporous insulation market: Product movement analysis, 2016 & 2025
FIG. 17 Microporous insulation application outlook: Key takeaways
FIG. 18 Microporous insulation market: Application movement analysis, 2016 & 2025
FIG. 19 Regional market place: Key takeaways
FIG. 20 Microporous insulation market: Regional movement analysis, 2016 & 2025
FIG. 21 North America market revenue estimates revenue (USD '000) (2014 - 2025)
FIG. 22 U.S. country outlook, 2014 to 2025 revenue (USD '000)
FIG. 23 Canada country outlook, 2014 to 2025 revenue (USD '000)
FIG. 24 Mexico country outlook, 2014 to 2025 revenue (USD '000)
FIG. 25 Europe market revenue estimates revenue(USD '000) (2014 - 2025)
FIG. 26 Germany country outlook, 2014 to 2025 revenue (USD '000)
FIG. 27 UK country outlook, 2014 to 2025 revenue (USD '000)
FIG. 28 France country outlook, 2014 to 2025 revenue (USD '000)
FIG. 29 Asia Pacific market revenue estimates (USD '000) (2014 - 2025)
FIG. 30 China country outlook, 2014 to 2025 (USD '000)
FIG. 31 Japan country outlook, 2014 to 2025 (USD '000)
FIG. 32 India country outlook, 2014 to 2025 (USD '000)
FIG. 33 Central & South America market revenue estimates (USD '000) (2014 - 2025)
FIG. 34 Brazil country outlook, 2014 to 2025 (USD '000)
FIG. 35 MEA market revenue estimates (USD '000) (2014 - 2025)
FIG. 36 Strategy Framework