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Report Overview
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Global Microporous Insulation Market Outlook
The global microporous insulation market reached a value of about USD 168.15 million in 2024. The industry is further expected to grow at a CAGR of 4.80% in the forecast period of 2025-2034 to reach a value of around USD 256.63 million by 2034.
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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.
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Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
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.
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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.
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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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*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.*
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Key Questions Answered in the Report
In 2024, 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 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach almost USD 256.63 million by 2034.
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.
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