Thermal Insulation Materials Market - Industry Analysis, Forecast 2023
Thermal insulation materials are used to restrict the transfer of heat energy between two ends of differing temperature. Heat energy always flows from high temperature end to low temperature end. Heat energy in form of electromagnetic waves flow between objects in a range of radiative influence. Thermal insulation materials provide the insulation in which the radiative heat is reflected or heat conduction is reduced rather than being absorbed. Thermal insulation materials can be segmented on the basis of material type and temperature range of the insulation material.
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Furthermore, on the basis of material type, thermal insulation materials can be segmented into stone wool, fiberglass, plastic foam, and others. Likewise, on the basis of temperature range, thermal insulation materials can be classified into ranges from -160° C to -50Âș C, -49Âș C to 0ÂșC, 1Âșto 100ÂșC, and 101ÂșC to 650ÂșC. Thermal insulation materials find application in various fields such as buildings, spacecraft, mechanical systems, clothing, natural animal insulation, and automotive, etc.
Factors affecting the quality of thermal insulation materials include insulation thickness, specific heat capacity, thermal bridging, surface emissivity, density, and thermal conductivity. Globally, thermal insulation materials are used across industries to reduce energy consumption by maintaining the required temperature in the particular area.
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Some of the key players in the thermal insulation market are Berkshire Hathaway, Inc., Saint Gobain S.A., Asahi Kasei Corporation, Kingspan Group PLC, BASF SE, Owens-Corning, Dow Chemical Company, Bayer AG, Rockwool International A/S, and E. I. du Pont de Nemours and Company.