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

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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