Sales Of Thermal Ceramic Fibers Will Accelerate US$ 3 Bn By The End Of The Decade
Increased demand for waterproof automobile coatings as well as technological advancements that allow nanoparticles to be incorporated into hydrophobic coatings because of their superior durability and huge surface area will boost the industry's size.
To Get In-depth Information View Full Report – https://www.factmr.com/report/thermal-ceramics-market
The global thermal ceramics market is poised to top US$ 6 Bn by 2031, expanding at around 7% CAGR, according to recent findings published by consulting firm Fact.MR. As per Fact.MR’s report, demand for thermal ceramics is largely underpinned by extensive uptake across the manufacturing industry, along with increased scramble for renewable energy generation across prominent economies.
For More Insights Into The Market, Request a Sample of this Report –https://www.factmr.com/connectus/sample?flag=S&rep_id=6395
Until 2020, the landscape expanded significantly, reaching nearly US$ 4 Bn. As the COVID-19 pandemic took precedence, contractions were experienced across the global manufacturing landscape amid mandatory lockdowns to curb infection spread. Consequently, sales of thermal ceramics slumped substantially in the first half of 2020.
However, production levels have experienced a resurgence since the fourth quarter of 2020, as flattening infection curves encouraged major economies to resume on-premise manufacturing activities, thereby sustaining market growth. Major uptake is also anticipated in the automotive sector, as surging EV popularity in the wake of surging need for cleaner fuels acquires momentum. It is expected that the global EV market shall register nearly 50 million unit sales by 2030, thus opening up lucrative growth avenues for market players.
Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=6395
Key Takeaways from Market Study
By end use, thermal ceramics for the manufacturing sector to account for over 50% of total sales
By material, thermal ceramic fibers to top US$ 3 Bn by 2031, expanding at over 7% CAGR
Sales of thermal ceramic insulation bricks to expand at above 6% CAGR until 2031
Expanding EV batteries market pushing U.S. thermal ceramic sales, surpassing US$ 1 Bn in 2020
China likely to register a staggering 11% CAGR in the global thermal ceramics landscape until 2031
Japan and Canada likely to be noteworthy markets, expanding at above 10% CAGRs, respectively
“Proliferating manufacturing industries in various countries is spurring factories to incorporate lightweight, durable, and low thermal conductivity-inducing ceramics to streamline entire production processes,” says a Fact.MR analyst.
Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=6395
Some prominent thermal ceramics manufacturers include BNZ Materials Inc., Ibiden Co. Ltd, Isolite Insulating Products Co. Ltd., Luyang Energy-Saving Materials Co. Ltd., Morgan Thermal Ceramics, Mitsubishi Chemical Corporation, Pyrotek Inc., and Unifrax LLC. These player focus majorly on introducing new product lines for multiple end-use industries, as well as on collaborations and acquisitions.
Since August 2020, Unifrax LLC has been holding navy approvals for its fire rated divisions across Germany and the United Kingdom. This particularly involves its lightweight FyreWrap® LT marine blanket which provides structural insulation to vessels.
On similar lines, Ibiden Co. Ltd offers its range of high temperature insulating wool made from ceramic fiber, which features lightweight and flexibility as heat insulators and heat-resistant material. Furthermore, these are highly eco-friendly and non-carcinogenic.
Key Market Segments Covered
Thermal Ceramics for Mining & Metal Processing
Thermal Ceramics for Chemicals & Petrochemicals
Thermal Ceramics for Manufacturing
Thermal Ceramics for Other End Uses
Thermal Ceramic Fibers
Thermal Ceramic Insulation Bricks
Why Choose Fact.MR
One of the most established market research companies in India
Round the clock customer support for clients across the globe
Tailor-made reports available without additional costs
Analysis of markets in over 150 countries
Data collected from credible primary and secondary sources
For More Insights- https://www.einpresswire.com/article/556609507/hand-dynamometers-shall-capture-2-5th-of-the-push-pull-dynamometer-market-across-the-forecast-period
US Sales Office:
11140 Rockville Pike,
Suite 400, Rockville,
Tel: +1 (628) 251-1583,
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website: https://www.factmr.com
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sales Of Thermal Ceramic Fibers Will Accelerate US$ 3 Bn By The End Of The Decade here
News-ID: 2534219 • Views: 264
More Releases from Fact MR
Demand For Ethylene Vinyl Acetate Market To Substantially Increase During 2022 - …
A recent study by Fact.MR on the global ethylene vinyl acetate market offers a 10-year forecast for 2022 to 2032. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of ethylene vinyl acetate. The study also
Energy Storage Systems Market To Exhibit Significant Growth In Dollar Opportunit …
A recent study by Fact.MR on the global energy storage systems market offers a 9-year forecast for 2022 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of energy storage systems. The study also
Integrated Workplace Management System (IWMS) Market Growth To Register Steller …
A recent study by Fact.MR on the integrated workplace management system market offers a 10-year forecast for 2022 to 2032. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering integrated workplace management system. The study also provides
Heat Exchangers Market To Generate Heightened Revenue Prospects For Manufacturer …
A recent study by Fact.MR on the global heat exchangers market offers a 9-year forecast for 2022 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of heat exchangers. The study also provides the
More Releases for Thermal
Global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) …
Qyresearchreports include new market research report "Global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Sales Market Report 2018" to its huge collection of research reports. This report studies the global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) market status and forecast, categorizes the global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) market size (value & volume) by key players, type, application, and
Thermal Imaging Market
Thermal Imaging is a non-contact technique which is used to capture infrared wavelengths emitted through objects, further it processes these inputs into an image. The out of this process forms a color palate which represents the temperature range of the capture image. Thermal imagers are completely radiometric by gauging and recording infrared wavelength at every point in the image. Increasing demands for security and surveillance for residential and homeland security
Blue Image Thermal Paper VS Black Image Thermal Paper
Thermal paper shortage situation still ongoing, which makes thermal paper cost rising month by mont, and this situation no changes after one year shortage. The current thermal paper shortage situation is caused by the shortage of chemicals, mainly dyes. BPS coating is also a problem, but the dyes are more troublesome. Dye is the main chemical used to make thermal paper. And their main supplier CONNECT CHMICALS is still not fully
Thermal Printing Market Thermal Printing Market: Thermal Transfer Technology to …
Future Market Insights (FMI) delivers key insights on the Global Thermal Printing Market in its latest report titled “Thermal Printing Market: Global Industry Analysis and Opportunity Assessment 2015–2025”. The global thermal printing market is projected to register a promising CAGR of 4.4% during the forecast period due to several factors. The report details trends driving each segment and respective sub-segments, delivering analysis and insights about the potential of the thermal printing
Global and Japan Thermal Dilatometers Market: By Technology - Capacitance Therma …
Researchmoz added Most up-to-date research on "Global and Japan Thermal Dilatometers Market: By Technology - Capacitance Thermal Dilatometer, Optical Thermal Dilatometer & So On" to its huge collection of research reports. The global Thermal Dilatometers market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022. Japan plays an important role
Global Thermal Conductivity Market 2017 By Key Manufacturers: Thermal Conductivi …
The motive of this strategic research report entitled Global Thermal Conductivity Market 2017" is to provide company officials, industry investors, and industry members with consequential insights to enable them make reliable strategic decisions regarding the opportunities in the global Thermal Conductivity market. Key Notes On Thermal Conductivity Market: Global Thermal Conductivity Market 2017 "offers crucial insights into the global Thermal Conductivity market along with the market size and estimates for the duration