Base Year
Historical Year
Forecast Year
The global microporous insulation market reached a value of about USD 168.15 million in 2023. The industry is further expected to grow at a CAGR of 4.80% in the forecast period of 2024-2032 to reach a value of around USD 256.63 million by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The rapid industrialisation worldwide, fuelled by the expanding population, is projected to bolster the demand for microporous insulation solutions. This can be attributed to its increased usage in thermal insulation management as it helps control the heat from the machines, keeps them cool, which further increases their durability. In addition, the improved efficiency and productivity offered by these insulations and the reduced toxin emanation are further estimated to support the market growth in the forecast period. Furthermore, microporous insulation is sustainable, eco-friendly, and cost-effective, which is expected to add to its overall popularity in the forecast period.
The environmental concerns and the imposition of stringent government norms and policies aimed at reducing carbon emissions are likely to bolster the market growth in Europe. Meanwhile, the growing industrialisation and heightened infrastructure development activities are expected to drive the market in the Asia Pacific region. Additionally, the rising demand for automobiles and energy in this region is projected to propel the microporous insulation industry growth.
Scientists of the US Military first prepared microporous insulation to provide thermal insulation to aircraft. It is in the form of a powder or fibre and contains a low amount of silica along with microscopic pores of diameters less than two nanometres. Among its various advantages include reduced heat transmission, lightweight, long-term durability, and high compressive strength.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on product, the market can be categorised into:
Based on application, the market can be bifurcated into:
The regional markets for microporous insulation can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The growing demand for thermal management is anticipated to bolster the market growth of microporous insulation industry. The use of microporous insulation products helps reduce the heat of industrial machinery, which enhances the productivity and durability of these machines. This is estimated to bolster the use of microporous insulation in the industrial sector. In addition, the heightened demand for microporous products in the aerospace sector, owing to its light weight and heat resistant properties is projected to support the market growth in the forecast period. Furthermore, microporous products are increasingly utilised in the oil and gas sector owing to their thermal insulation and fire protection attributes, which are essential in the production of petrochemicals. Additionally, microporous insulation products play a crucial role in reducing heat and mitigating the rising levels of global warming caused by the greenhouse gas emissions. This is predicted to augment the market growth in the forecast period.
The report gives a detailed analysis of the following key players in the global microporous insulation market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the global microporous insulation market attained a value of nearly USD 168.15 million.
The market is projected to grow at a CAGR of 4.80% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 256.63 million by 2032.
The major industry drivers are rapid industrialisation, growing demand for thermal management, imposition of stringent government norms to control emissions, and heightened demand across industry verticals.
The key industry trends are rising environmental consciousness.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major market divisions, based on product, include rigid board panels, flexible panels, and others.
The significant applications of the product include industrial, energy and power, oil and gas, aerospace and defence, and others.
The major players in the industry are Etex Building Performance NV (Promat), Johns Manville Corporation, Morgan Advanced Materials PLC, Unifrax I LLC, Nichias Corporation, Techno Physik Engineering GmbH, Elmelin Ltd., and Unicorn Insulations Ltd., among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
Share