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Microporous Insulation Market Share

Report ID: GMI4366
Published Date: Aug 2024
Report Format: PDF

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Microporous Insulation Market Share

The microporous insulation industry is very competitive, with major players like Aspen Aerogels, Inc. leading the way. Aspen Aerogels focuses on high-performance aerogel-based insulation, offering advanced technologies that provide excellent thermal performance, energy efficiency, and safety. Their products are used in industries such as oil & gas, construction, and automotive. Their dedication to innovation and sustainability has made them a leader in the market.

Companies in the market are taking strategic steps to strengthen their presence and expand their product lines. For example, Morgan Advanced Materials is investing in research and development to improve the thermal performance of its microporous insulation. Their products are used in demanding industries like aerospace, energy, and transportation. Morgan Advanced Materials also focuses on sustainable insulation solutions that reduce energy use and emissions, supporting global environmental goals.

Microporous Insulation Market Companies

Major players operating in the market include:

Aspen Aerogels, Inc
Etex Building Performance N.V
Johns Manville
Kingspan Insulation LLC
Morgan Advanced Materials
NICHIAS Corporation
ThermoDyne
Unicorn Insulations Ltd
Unifrax LLC Blue Sail

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

In 2023, the market size for microporous insulation was valued at over USD 937.9 million and is expected to record a CAGR of 6% through 2032, due to increased demand from the automotive, aerospace, and transportation sectors in both developed and developing countries.

The calcium magnesium silicate segment of microporous insulation industry accounted for USD 867.9 million in 2023, due to its very low thermal conductivity and high thermal stability.

North America market will grow at a rapid pace over 2024-2032, driven by government-favorable regulations in the automotive and manufacturing sectors, alongside rising energy demands.

Johns Manville, Kingspan Insulation LLC, Morgan Advanced Materials, NICHIAS Corporation, ThermoDyne, Unicorn Insulations Ltd, and Unifrax LLC Blue Sail among others.