Reports and Data estimates the global Thermal Ceramics competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Thermal Ceramics during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include 3M Company, Ibiden, Mitsubishi Chemical Corporation, Yeso Insulating Products, Morgan Advanced Materials, Isolite Insulating Products, Luyang Energy-Saving Materials, Unifrax, Bnz Materials, and RHI Magnesita N.V.
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Temperature Outlook:
The 1,000 to 1,400 °C temperature range segment accounted for the largest revenue share in the global market in 2020, and is expected to register the highest growth rate over the forecast period. Products in this range are used in various applications including high-temperature filtration, refractory support for aluminum smelting and holding furnaces, aluminum furnace bypass cap cover and separating agent, aluminum distributor tank linings, gaskets for any high-temperature application, emergency liner for metal tanks, process heaters, ceramic furnaces, annealing furnaces, heat treatment furnaces, thermal oxidizers, high-temperature gaskets, and seals and heat shields. Refractory ceramic fibers, weak bio-persistent alkaline earth silicate fibers, and polycrystalline fibers are used for this temperature range.
End-Use Industry Outlook:
The mining and metal processing segment accounted for the largest revenue share of the global market, due to high demand for the product in production and processing of metals. Increasing production of metals has resulted in higher demand for products in furnaces, kilns, and other high-temperature insulation applications. The manufacturing segment is projected to register higher revenue growth rate as compared to other end-use industry segments. This segment includes rapidly growing industries such as cement, glass, refractories, ceramics, transportation, electronics, and electricity.
In manufacturing, these products are majorly used in the automotive and aerospace industry for the insulation of electric car batteries, AGM battery separators, fire protection for Lithium Ion batteries (LIB), insulation of the exhaust systems, friction materials, fuel filtrations, seals, start-stop batteries, airbag filtrations, aeronautical insulation equipment, aircraft heat shields, cable windings, cryogenic insulations, and electronic fire protection.
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For the purpose of this report Reports and Data has segmented global Thermal Ceramics market on the basis of type, application, and region:
By Type Outlook
- Ceramic Fibers
- Insulating Firebricks
By Temperature Outlook
- 650 – 1000 ° Celsius
- 1000 – 1400 ° Celsius
- 1400 – 1600 ° Celsius
- Above 1600 ° Celsius
By End-Use Industry Outlook
- Chemical and Petrochemical
- Mining and Metal Processing
- Manufacturing
- Power Generation
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Thermal Ceramics during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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