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Global Microporous Insulation Market: By Product: Rigid Boards and Panels, Flexible Panels, Others; By Application: Industrial, Energy and Power, Oil and Gas, Aerospace and Defence, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Microporous Insulation Market Outlook

The global microporous insulation market reached a value of about USD 153.1 million in 2021. The industry is further expected to grow at a CAGR of 4.80% in the forecast period of 2023-2028 to reach a value of around USD 203.0 million by 2027.

 

Global Microporous Insulation Market

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Industrial Sector to Stimulate the Growth of the Microporous Insulation Industry

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.

 

Europe to Possess a Significant Market Share in the Microporous Insulation Industry

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.

 

Microporous Insulation: Market Segmentation

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.

 

Global Microporous Insulation Market by Segment

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Based on product, the market can be categorised into:

  • Rigid Boards and Panels
  • Flexible Panels
  • Others

Based on application, the market can be bifurcated into:

  • Industrial
  • Energy and Power
  • Oil and Gas
  • Aerospace and Defence
  • Others

The regional markets for microporous insulation can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Microporous Insulation Market by Region

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Growing Demand for Thermal Management and Environmental Consciousness to Stimulate the Microporous Insulation Industry

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.

 

Key Industry Players in the Global Microporous Insulation Market

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:

  • Etex Building Performance NV (Promat)
  • Johns Manville Corporation
  • Morgan Advanced Materials PLC
  • Unifrax I LLC
  • Nichias Corporation
  • Techno Physik Engineering GmbH
  • Elmelin Ltd.
  • Unicorn Insulations Ltd.
  • Others

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 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region
Breakup by Product Rigid Boards and Panels, Flexible Panels, Others
Breakup by Application Industrial, Energy and Power, Oil and Gas, Aerospace and Defence, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Etex Building Performance NV (Promat), Johns Manville Corporation, Morgan Advanced
Materials PLC, Unifrax I LLC, Nichias Corporation, Techno Physik Engineering GmbH, Elmelin Ltd., Unicorn Insulations Ltd., Others
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Microporous Insulation Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Microporous Insulation Historical Market (2018-2022) 
    8.3    Global Microporous Insulation Market Forecast (2023-2028)
    8.4    Global Microporous Insulation Market by Product
        8.4.1    Rigid Boards and Panels
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Flexible Panels
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global Microporous Insulation Market by Application
        8.5.1    Industrial
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Energy and Power
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Oil and Gas
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Aerospace and Defence
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others    
    8.6    Global Microporous Insulation Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022) 
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022) 
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022) 
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022) 
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022) 
            8.6.5.3    Forecast Trend (2023-2028)
9    North America Microporous Insulation Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Microporous Insulation Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Microporous Insulation Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Microporous Insulation Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Microporous Insulation Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis  
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Etex Building Performance NV (Promat)
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Johns Manville Corporation
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Morgan Advanced Materials PLC
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Unifrax I LLC
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Nichias Corporation
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Techno Physik Engineering GmbH
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Elmelin Ltd.
            17.2.7.1    Company Overview
            17.7.7.2    Product Portfolio
            17.7.7.3    Demographic Reach and Achievements
            17.7.7.4    Certifications
        17.2.8    Unicorn Insulations Ltd.
            17.2.8.1    Company Overview
            17.7.8.2    Product Portfolio
            17.7.8.3    Demographic Reach and Achievements
            17.7.8.4    Certifications
        17.2.9    Others
18    Key Trends  and Developments in the Market

 

List of Key Figures and Tables

1.    Global Microporous Insulation Market: Key Industry Highlights, 2018 and 2028
2.    Global Microporous Insulation Historical Market: Breakup by Product (USD Million), 2018-2022
3.    Global Microporous Insulation Market Forecast: Breakup by Product (USD Million), 2023-2028
4.    Global Microporous Insulation Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Microporous Insulation Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Microporous Insulation Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Microporous Insulation Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Microporous Insulation Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Microporous Insulation Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Microporous Insulation Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Microporous Insulation Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Microporous Insulation Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Microporous Insulation Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Microporous Insulation Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Microporous Insulation Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Microporous Insulation Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Microporous Insulation Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Microporous Insulation Market Structure

Key Questions Answered in the Report

In 2021, the global microporous insulation market attained a value of nearly USD 153.1 million.

The market is projected to grow at a CAGR of 4.80% between 2023 and 2028.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach almost USD 203.0 million by 2027.

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.

Analyst Review

The global microporous insulation market attained a value of nearly USD 153.1 million in 2021, driven by the rapid industrialisation. Aided by the growing environmental consciousness, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4.80%. The market is projected to reach about USD 203.0 million by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of product, the market is categorised as rigid boards and panels, and flexible panels, among others. Based on its application, the microporous insulation industry can be segmented into industrial, energy and power, oil and gas, and aerospace and defence, among others. The major regional markets for microporous insulation are North America, Europe, the  Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include 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.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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