Market Overview:
The global microporous insulation panels market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and environment-friendly products across the globe. In addition, the growing awareness about thermal insulation among consumers is also contributing to the growth of this market. The global microporous insulation panels market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into flexible microporous insulation panels and rigid microporous insulation panels. Flexible microporous insulation panels are more popular than rigid ones as they are easy to install and have a high R-value per inch thickness as compared to other types of insulations available in the market today. They are mainly used in applications such as aerospace, transportation, military industry, home appliances, and others where weight is an important parameter while selecting an insulating material.
Product Definition:
A microporous insulation panel is a type of insulation that consists of small holes or pores. These panels are used to insulate buildings and other structures from the cold weather. They are also used to keep buildings cool in the summertime. Microporous insulation panels are important because they help to keep energy costs down by preventing heat from escaping or entering the building.
Flexible Microporous Insulation Panels:
Flexible microporous insulation panels are thin films made from highly porous polymeric material. They possess a large surface area and can be easily rolled up and down for changing the shape of the building structure. These panels have high thermal conductivity, low thermal expansion, low density along with excellent mechanical strength which makes them suitable for usage in various applications including heat storage, solar energy absorption, space blankets and aerogel among others.
Rigid Microporous Insulation Panels:
Rigid microporous insulation panels are manufactured using a wide range of materials including polyurethane, Expanded Polystyrene (EPS), glass wool, mineral wool and others. Rigid microporous insulation panels offer high thermal performance with low thickness for space applications. The product is expected to gain popularity owing to its ability to provide excellent thermal performance at an economical cost compared to other conventional materials such as perlite and vermiculite.
Application Insights:
The market is segmented by application into aerospace, transportation, military industry, home appliances and others. The transportation sector dominated the global microporous insulation panels market in terms of revenue share in 2017. This can be attributed to rising demand for vehicles with enhanced performance characteristics such as fuel efficiency and reduced emissions. Moreover, governments across the globe are undertaking initiatives to reduce carbon footprint by promoting electric vehicles over gasoline-powered cars thereby driving the demand further.
The aerospace sector is expected to witness significant growth over the forecast period owing to increasing passenger traffic on commercial aircrafts coupled with rising air travel trends across various regions of the world including Asia Pacific and North America which will promote product usage extensively within this application space over next eight years or so till 2030.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of aircraft manufacturers in the region. The U.S., being an aerospace giant, is also home to several aircraft component manufacturers that are driving demand for these products across North America.
Asia Pacific is expected to be one of the fastest-growing markets over the forecast period owing to rapid industrialization and increasing infrastructure activities in emerging economies such as China and India. In addition, rising military expenditure by countries like China and India are expected to drive demand for these panels within their respective industries over next eight years (2018-2027).
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products: The global Microporous Insulation Panels market is expected to grow at a CAGR of over 5% during the forecast period owing to the increasing demand for energy-efficient and environment-friendly products.
- Rising construction spending in developing countries: The construction spending in developing countries is projected to increase at a high rate, which is likely to boost the growth of the Microporous Insulation Panels market during the forecast period.
- Growing awareness about thermal insulation benefits: There has been a rise in awareness about thermal insulation benefits offered by microporous insulation panels, which is anticipated to propel the growth of this market during the forecast period.
- Technological advancements: The introduction of innovative technologies such as vacuum insulated panels (VIPs) is expected to fuel the growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microporous Insulation Panels Market Research Report
By Type
Flexible Microporous Insulation Panels, Rigid Microporous Insulation Panels
By Application
Aerospace, Transportation, Military industry, Home Appliances, Others
By Companies
Unifrax, Va-Q-Tec, Isoleika, Promat, Morgan Advanced Materials, Nichias, Elmelin, Unicorn Insulations, Nantong Ecotherm Insulations
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Microporous Insulation Panels Market Report Segments:
The global Microporous Insulation Panels market is segmented on the basis of:
Types
Flexible Microporous Insulation Panels, Rigid Microporous Insulation Panels
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Transportation, Military industry, Home Appliances, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Unifrax
- Va-Q-Tec
- Isoleika
- Promat
- Morgan Advanced Materials
- Nichias
- Elmelin
- Unicorn Insulations
- Nantong Ecotherm Insulations
Highlights of The Microporous Insulation Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flexible Microporous Insulation Panels
- Rigid Microporous Insulation Panels
- By Application:
- Aerospace
- Transportation
- Military industry
- Home Appliances
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microporous Insulation Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microporous insulation panels are a type of insulation that uses small pores to allow air and moisture to pass through, but not heat. This type of insulation is often used in cold climates because it allows the building to retain more heat than other types of insulation.
Some of the major companies in the microporous insulation panels market are Unifrax, Va-Q-Tec, Isoleika, Promat, Morgan Advanced Materials, Nichias, Elmelin, Unicorn Insulations, Nantong Ecotherm Insulations.
The microporous insulation panels market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microporous Insulation Panels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Microporous Insulation Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microporous Insulation Panels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Microporous Insulation Panels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Microporous Insulation Panels Market Size & Forecast, 2018-2028
4.5.1 Microporous Insulation Panels Market Size and Y-o-Y Growth
4.5.2 Microporous Insulation Panels Market Absolute $ Opportunity
Chapter 5 Global Microporous Insulation Panels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Microporous Insulation Panels Market Size Forecast by Type
5.2.1 Flexible Microporous Insulation Panels
5.2.2 Rigid Microporous Insulation Panels
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Microporous Insulation Panels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Microporous Insulation Panels Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Transportation
6.2.3 Military industry
6.2.4 Home Appliances
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microporous Insulation Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microporous Insulation Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Microporous Insulation Panels Analysis and Forecast
9.1 Introduction
9.2 North America Microporous Insulation Panels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Microporous Insulation Panels Market Size Forecast by Type
9.6.1 Flexible Microporous Insulation Panels
9.6.2 Rigid Microporous Insulation Panels
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Microporous Insulation Panels Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Transportation
9.10.3 Military industry
9.10.4 Home Appliances
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Microporous Insulation Panels Analysis and Forecast
10.1 Introduction
10.2 Europe Microporous Insulation Panels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Microporous Insulation Panels Market Size Forecast by Type
10.6.1 Flexible Microporous Insulation Panels
10.6.2 Rigid Microporous Insulation Panels
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Microporous Insulation Panels Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Transportation
10.10.3 Military industry
10.10.4 Home Appliances
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Microporous Insulation Panels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Microporous Insulation Panels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Microporous Insulation Panels Market Size Forecast by Type
11.6.1 Flexible Microporous Insulation Panels
11.6.2 Rigid Microporous Insulation Panels
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Microporous Insulation Panels Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Transportation
11.10.3 Military industry
11.10.4 Home Appliances
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Microporous Insulation Panels Analysis and Forecast
12.1 Introduction
12.2 Latin America Microporous Insulation Panels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Microporous Insulation Panels Market Size Forecast by Type
12.6.1 Flexible Microporous Insulation Panels
12.6.2 Rigid Microporous Insulation Panels
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Microporous Insulation Panels Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Transportation
12.10.3 Military industry
12.10.4 Home Appliances
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Microporous Insulation Panels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Microporous Insulation Panels Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Microporous Insulation Panels Market Size Forecast by Type
13.6.1 Flexible Microporous Insulation Panels
13.6.2 Rigid Microporous Insulation Panels
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Microporous Insulation Panels Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Transportation
13.10.3 Military industry
13.10.4 Home Appliances
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microporous Insulation Panels Market: Competitive Dashboard
14.2 Global Microporous Insulation Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Unifrax
14.3.2 Va-Q-Tec
14.3.3 Isoleika
14.3.4 Promat
14.3.5 Morgan Advanced Materials
14.3.6 Nichias
14.3.7 Elmelin
14.3.8 Unicorn Insulations
14.3.9 Nantong Ecotherm Insulations
