A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Thermal
Insulation
Market. The
study, titled “Industrial
Thermal Insulation Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Industrial
Thermal Insulation Market: Overview
Insulation
is defined as the process of using a material or a compound made up
of different materials that are capable of restricting the flow of
thermal or heat energy. Insulation materials carry out the functions
such as noise reduction, process control, condensation control,
energy conservation, freeze protection, and importantly, reduction of
environmental pollution. While selecting an appropriate insulation
material, factors such as operating temperature, fire protection,
physical stress, service & maintenance, vibration, and water
ingress have to be kept in mind.
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Thermal
insulation has become essential in industries for safety and to
reduce heat loss during the manufacturing process. Industrial thermal
insulation helps in increasing the sustainability of the
manufacturing processes. The process of thermal insulation of
industrial equipment and processes protects the personnel at the
operating end, reduces environmental impacts, and enhances process
security in the long run.
Industrial
Thermal Insulation Market: Market Trends
The
need for thermal insulation in industries is increasing with every
passing day as a result of the increase in awareness regarding the
benefits associated with its usage. The materials used for insulation
are easily available in various forms and can be effortlessly
installed. These forms include flexible blankets, pre-formed shapes &
flexible sheets, foams & rigid blocks, sheets, and boards.
Ideally,
cellular, fibrous, and granular types of materials are employed for
industrial thermal insulation, and these are further classified into
various sub-types. The fibrous materials are made up of
small-diameter fibers of slag wool, rock wool, silica, and alumina
silica. Mineral wool and glass fiber products are extensively used in
their formulation. Cellular insulation materials are composed of
small individual cells separated from each other. The material used
may be glass or foamed plastic such as poly-isocyanurate,
elastomeric, and polystyrene. Granular insulation materials consists
of small nodules which may have hollow spaces or voids.
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Some
of materials being used for granular isolation are as follows
cellulose, calcium silicate, perlite, and expanded vermiculite.
Lately, demand for fibrous and cellular thermal insulation material
has increased in comparison to that for the granulation variety,
since gas can be transferred across granular isolation material,
which can reduce of the efficiency of the material.
There
has been a considerable rise in the number of industries in recent
days. With growing industrialization, the awareness about the
benefits of insulating materials has increased substantially. Hence,
the market for industrial thermal insulation is likely to expand at
an exponential rate in the future.
Industrial
Thermal Insulation Market: Region-wise Outlook
This
market is highly dependent on the rate of industrialization observed
on a regional as well as global level. The market in North America is
dominant due to the presence of major manufacturing companies in
leading economies such as the U.S. Asia Pacific exhibits excellent
potential for the development of the market due to the presence of
various industries in China, India, and Japan.
In
Europe, awareness about pollution control and increasing
environmental concerns have been responsible for the rapid
progression of the market for industrial thermal insulation. Latin
America and the Middle East & Africa have displayed moderate
growth in the previous years, however the market here is likely to
advance further in the near future as a result of rising awareness
about the use of thermal insulation.
Industrial
Thermal Insulation Market: Key Players
Key
players operating in the market of industrial thermal insulation
include Industrial Insulation Group LLC, Cellofoam North America,
Inc., Insulcon Group, URSA Insulation S.A., and Isolatek
International, Inc.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
Transparency
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of quantitative forecasting and trends analysis provides
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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