Global Thermal Ceramics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global thermal ceramics market in its upcoming report titled, “Global Thermal Ceramics Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global thermal ceramics market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global thermal ceramics market report has been segmented on the type, temperature range, end use industry, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Thermal ceramics used in various end use industries, saves overall energy consumption and manufacturing cost. Increasing demand for energy savings sources is major factors expected to boost growth of the global thermal ceramics market during the forecast period. Increasing demand for non-metallic minerals is another factor expected to support growth of global microcrystalline market over the forecast period. Increasing number of infrastructural development activities owing to increasing public and private investments in this sector are factors expected to boost growth of the market over the forecast period.
However, carcinogenic nature of ceramic fibers is expected to hamper growth of global thermal ceramics market over the forecast period.
Asia Pacific market dominates the global thermal ceramics market in terms of revenue contribution as compared to that of markets in other regions. This is attributed to presence of significant market players coupled with increasing number of domestic players in the market. Rapidly growing chemical & petrochemical and increasing number of manufacturing plants in the region is in turn expected to drive growth of the market in the region over the forecast period. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years.
North America accounts for second-largest revenue share contribution to the global thermal ceramics market, followed by markets in the Europe, Latin America, and the Middle East & Africa respectively. Increasing demand for thermal ceramic in various applications which includes process heaters, high-temperature filtration, ceramic kilns and growing demand for this products in various end use industry is major factor driving growth of North America market.
Target audience for the global thermal ceramics market includes thermal ceramics manufacturers, raw material suppliers, supplier and distributor of thermal ceramics, government and research organizations, industrial and association bodies, and environment support agencies
Global thermal ceramics market segmentation, by type:
- Ceramic Fibers
- Insulation Bricks
Global thermal ceramics market segmentation, by temperature range:
Global thermal ceramics market segmentation, by end use industry:
- Mining & Metal Processing
- Chemical & Petrochemical
- Power Generation
Global thermal ceramics market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Morgan Thermal Ceramics
- Luyang Energy-Saving Materials
- Isolite Insulating Products
- RHI Magnesita
- 3M Company
- Ibiden Co. Ltd.
- Mitsubishi Chemical Corporation
- Yeso Insulating Products Co., Ltd.
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