Global High Temperature Insulation Market worth $3.5 billion by 2016

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MarketsandMarkets Presents
Global High Temperature Insulation Market worth
3.5 billion by 2016
http//www.marketsandmarkets.com/Market-Reports/hi
gh-temperature-insulation-market-710.html
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According to a new market research report,
High Temperature Insulation Market and
Temperature Range - Global Trends Forecasts
(2011 - 2016), global HTI products market will
grow from estimated 2.7 billion in 2011 to 3.5
billion in 2016 with a compound annual growth
rate of 5.4 during the same period. Browse 80
market data tables/figures and in-depth TOC on
High Temperature Insulation Market - HTI
Application (petrochemicals, glass, ceramics, and
others) and Temperature Range - Global Trends
Forecasts (2011 - 2016), an extensive report
with 245 pages. http//www.marketsandmarkets.com
/Market-Reports/high-temperature-insulation-market
-710.html Early buyers will receive 10
customization on this report.
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The global HTI market was valued at 2.47
billion in 2007. Next year the market grew by
10.6 and reached to 2.73 billion in 2008. In
2009, the global economic crisis affected the
number of projects across various industries
which led to a fall in market by 16 to 2.29
billion. In 2010, the market recovered and
companies in high temperature insulation business
recorded significant jump in their revenues. For
instance, The Morgan Crucible Company Plc
reported a 12 rise in their thermal ceramic
divisions revenue which includes high
temperature insulation products. In 2010 the
overall high temperature insulation market surged
by 9.6 and reached to 2.51 billion. In 2011,
the market jumped again by 7.8 to 2.9 billion
and the similar growth is expected in next year.
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The high temperature insulation market is
forecasted to reach 3.5 billion by 2016 at a
compounded annual growth rate of 5.4 in next
five years. Europe is the largest consumer of HTI
products with 40 market share in 2011 followed
by North America with 35 share. UK based Morgan
Thermal Ceramics and U.S. based Unifrax are the
largest manufacturers of HTI products and
together constitute one third of the market.
The report High Temperature Insulation Market
by Application (petrochemicals, glass, ceramics,
and others), and Temperature Range Global
Trends Forecasts (2011 2016) segments the
HTI market by application, temperature range, and
geography. It also focuses on market share
analysis, and market metrics like drivers,
restraints and opportunities. With more than 80
market data tables/figures, it breaks and
forecast the market in every possible way.
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gh-temperature-insulation-market-710.html
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