Global Thermal Ceramics Market Size, Share, Analysis, Trends and Forecast By 2026 by Top Competitors Analysis Morgan Advanced Materials; Rath; RHI Magnesita GmbH; 3M; Unifrax; YESO INSULATING PRODUCTS COMPANY LIMITED
These parameters include but are not limited to latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights and innovation.
Here, market segmentation is carried out in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions.
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Global Thermal Ceramics Market By Type (Ceramic Fibers, Insulating Firebricks),
Temperature Range (650-1000○C, 1000-1400 ○C, 1400-1600 ○C),
End-Use Industry (Manufacturing, Chemicals & Petrochemical, Mining & Metal Processing, Power Generation, Others),
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
Global Thermal Ceramics Market is expected to rise from its initial estimated value of USD 3.35 billion in 2018 to a projected value of USD 6.44 billion by 2026, registering a CAGR of 8.53% in the forecast period of 2019-2026.
This rise in market value can be attributed to the growth in demand for non-metallic thermal insulating systems.
Key Developments in the Market:
In September 2017, Unifrax announced the launch of a new bio-persistent thermal insulation product known as “Isofrax 1400 blanket and modules”. The products are capable of providing thermal and physical characteristics than their traditional counterparts.
In February 2017, CeramTec announced that they had agreed to acquire the electro-ceramics segments of Morgan Advanced Materials, inclusive of the two manufacturing sites situated in Ruabon and Southampton. The new transaction will help in expanding the production capabilities of CeramTec and help in providing extended product portfolio to their customers.
Morgan Advanced Materials; Rath; RHI Magnesita GmbH; 3M; Unifrax; YESO INSULATING PRODUCTS COMPANY LIMITED; ISOLITE INSULATING PRODUCTS CO., LTD.; Promat International NV; CeramTec; Mitsubishi Chemical Corporation; BNZ Materials; LUYANG ENERGY-SAVING MATERIALS CO.,LTD.; IBIDEN and Pyrotek are few of the major competitors present in the market.
Increasing levels of industrialization and urbanization that have resulted in increased demand for innovative and advanced substances
Need for effective and efficient methods of thermal management and thermal insulation systems; this factor is expected to act as a driver for the market growth
Concerns of the populace regarding the usage and application of refractories which is one of the major uses of thermal ceramics; this factor is expected to act as a restraint to the market growth
Global thermal ceramics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of thermal ceramics market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Segmentation: Global Thermal Ceramics Market
• By Type
o Ceramic Fibers
Vitreous Alumina-Silica Ceramic Fiber
Refractory Ceramic Fibers (RCF)
Low Bio-Persistent Ceramic Fibers
Polycrystalline Ceramic Fibers
o Insulating Firebricks
Acidic Refractory Bricks
Basic Refractory Bricks
Neutral Refractory Bricks
• By Temperature Range
o 1000-1400 ○C
o 1400-1600 ○C
• By End-Use Industry
o Chemicals & Petrochemical
o Mining & Metal Processing
Iron & Steel
o Power Generation
• By Geography
o North America
o South America
Rest of South America
Rest of Europe
Rest of Asia-Pacific
o Middle East and Africa
United Arab Emirates
Rest of Middle East and Africa
Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved
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