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

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Dec 18, 2023, 13:30 ET

DUBLIN, Dec. 18, 2023 /PRNewswire/ -- The "Microporous Insulation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

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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