MarketsandMarkets: Global High Temperature Insulation Market Worth US$4.1 Billion by 2014
By Marketsandmarkets, PRNEMonday, March 8, 2010
DALLAS, Texas, March 9, 2010 - According to a new market research report, 'Global High Temperature
Insulation Market (
www.marketsandmarkets.com/Market-Reports/hti-market-193.html) (2009 -
2014)', published by MarketsandMarkets (www.marketsandmarkets.com),
the total global market for high temperature insulation (HTI) products is
expected to be worth US$4.1 billion by 2014, growing at a CAGR of 7.3% from
2009 to 2014.
Browse 30 market data tables and in-depth TOC on HTI Market.
Early buyers will receive 10% customization of reports
www.marketsandmarkets.com/Market-Reports/hti-market-193.html
The global HTI products market is witnessing tremendous growth due to the
increasing awareness about the energy saving and cost effectiveness offered
by these products. The impending saturation of the European and U.S. markets
has induced several HTI manufacturers to adopt geographic expansion
strategies to the Asian region. India and China offer especially lucrative
markets and also offer the benefit of low-cost manufacturing. Value-based
pricing has emerged as a major growth strategy in the relatively saturated
markets. The global HTI market is estimated to grow from $2.9 billion in 2009
to $4.1 billion in 2014.
Energy forms the largest cost component of HTI products, accounting for
about 40% to 50% of the total production cost. Thus, energy efficiency in the
manufacturing process could significantly lower the cost of the end-product.
Petrochemicals currently hold a 30% share of the overall HTI market, and are
expected to continue being the largest application market through 2014. Glass
forms the next largest application segment, holding a 14% share of the
overall market currently.
Scope of the report
The report aims to identify and analyze High Temperature Insulations that
helps in reduction in industrial energy consumption. The report segments the
global HTI market as follows:
- HTI Categories: Ceramic Fibers, Calcium Silicate and Insulating Firebricks - HTI Applications: Petrochemicals, Iron & Steel, Ceramics, Refractory, Aluminum, Powder Metallurgy, - HTI - on the basis of operating temperature range: 1,0000 C - 1,1500 C; 1,1500 C - 1,3000 C; 1,3000 C - 1,5000 C; 1,5000 C - 1,7000 C; Above 1,7000 C - HTI geography markets: North America, Europe, Asia, and ROW.
Analyst Briefing on Global High Temperature Insulation Market to be held
on 23rd March 2010
The chemicals practice at MarketsandMarkets is pleased to announce its
Analyst Briefing Presentation on the Global High Temperature Insulation
Market (www.marketsandmarkets.com/Market-Reports/hti-market-193.html)
to be held on 23rd March 2010. The briefing will benefit high temperature
insulation manufacturers and distributors, raw material suppliers, R&D
institutions, and end consumers such as petrochemicals, glass, cement, and
iron and steel manufacturers.
To register your participation, please click here
www.marketsandmarkets.com/AnalystBriefing/hti-market.asp
About MarketsandMarkets
MarketsandMarkets (M&M) is a global market research and consulting
company based in the U.S. We publish strategically analyzed market research
reports and serve as a business intelligence partner to Fortune 500
companies across the world. MarketsandMarkets also provides multi-client
reports, company profiles, databases, and custom research services.
Contact: Ms. Sunita, 7557 Rambler road, Suite 727, Dallas, TX 75231 Tel: +1-888-989-8004 Email: sales@marketsandmarkets.com www.marketsandmarkets.com
Contact: Ms. Sunita, 7557 Rambler road, Suite 727, Dallas, TX 75231, Tel: +1-888-989-8004, Email: sales at marketsandmarkets.com
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mandeep rathi