Global Microporous Insulation Market to Grow at 3.65% During 2025-2033, Impelled by Rising Demand for Nuclear Energy

December 26, 2024 | Chemical & Materials

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According to the latest report by IMARC Group, titled "Microporous Insulation Market Report by Material (Alumina Silica, Calcium Magnesium Silicate, and Others), Product (Rigid Boards and Panels, Flexible Panels, and Others), Application (Industrial, Energy and Power, Oil and Gas, Aerospace and Defense, and Others), and Region 2025-2033," the global microporous insulation market reached a value of USD 167.8 Million in 2024. Microporous insulation refers to a composite material that consists of opacifiers. It is available in the form of compacted powder or fibers with an average interconnecting pore size that is often comparable to or sometimes below the mean free path of air molecules in standard atmospheric pressure conditions. It is characterized by minimal thermal shrinkage, excellent compressive strength, exceptional fire barrier properties, and high resistance to liquids, vibration and chemicals. As a result, it finds extensive applications across numerous industry verticals for fire protection, petrochemical refining, and manufacturing heat shields.

Global Microporous Insulation Market Trends:

The global market is majorly driven by the increasing demand for nuclear energy across the globe. Since microporous insulation is widely utilized as a key component in the nuclear steam supply system (NSSS) for regulating the heat of various elements, such as reactors, pumps, pipes, and valves, it is gaining widespread prominence among the end users. This is further supported by the growing consumption of electricity and the escalating concerns regarding environmental pollution and climate change among the masses. The market is further driven by the extensive research and development (R&D) activities conducted by key players to introduce advanced variants in the market. For instance, they are increasingly investing and engaging in the development of microporous insulation with high-quality acoustic insulation to meet the evolving requirements of the masses. Some of the other factors contributing to the market growth include rapid industrialization, enhanced focus on sustainable development, and the rising product applications in the automotive and oil and gas sectors. Looking forward, the market value is projected to reach USD 235.5 Million by 2033, expanding at a CAGR of 3.65% during 2025-2033.

Market Summary:

On the basis of the material, the market has been divided into alumina silica, calcium magnesium silicate and others.
Based on the product, the market has been classified into rigid boards and panels, flexible panels and others.
On the basis of the application, the market has been segmented into industrial, energy and power, oil and gas, aerospace and defense, and others.
On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Elmelin Ltd., Etex Group, Isoleika S. Coop, Johns Manville Corporation (Berkshire Hathaway Inc.), Kingspan Group Plc, Morgan Advanced Materials plc, NICHIAS Corporation, Siltherm Group Holdings Limited, TECHNO-PHYSIK Engineering GmbH, Unicorn Insulations Limited and Unifrax LLC.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Material, Product, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Elmelin Ltd., Etex Group, Isoleika S. Coop, Johns Manville Corporation (Berkshire Hathaway Inc.), Kingspan Group Plc, Morgan Advanced Materials plc, NICHIAS Corporation, Siltherm Group Holdings Limited, TECHNO-PHYSIK Engineering GmbH, Unicorn Insulations Limited and Unifrax LLC
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Microporous Insulation Market to Grow at 3.65% During 2025-2033, Impelled by Rising Demand for Nuclear Energy

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