Press release
Thermal Ceramics Market To Register A Robust Growth Rate During Forecast Period 2022 - 2032 : Fact.MR
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.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:- https://www.factmr.com/connectus/sample?flag=S&rep_id=6395
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.
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ
๐๐ป๐ฑ ๐จ๐๐ฒ
Thermal Ceramics for Mining & Metal Processing
Thermal Ceramics for Chemicals & Petrochemicals
Thermal Ceramics for Manufacturing
Thermal Ceramics for Other End Uses
๐ง๐๐ฝ๐ฒ
Thermal Ceramic Fibers
Thermal Ceramic Insulation Bricks
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=6395
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
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
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
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 FyreWrapยฎ 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.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐ก๐ผ๐ - https://www.factmr.com/checkout/6395
๐ ๐ผ๐ฟ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
Fact.MR, in its new offering, presents an unbiased analysis of the global thermal ceramics market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.
The study divulges essential insights on the market on the basis of end use (mining & metal processing, chemicals & petrochemicals, manufacturing, and other end uses) and type (ceramic fibers and insulation bricks), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa)
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐-https://www.globenewswire.com/news-release/2022/11/03/2548210/0/en/Sales-of-Rotary-Pumps-is-Anticipated-to-Expand-at-a-High-CAGR-Of-5-3-To-Reach-US-11-2-Billion-by-2032-Fact-MR-Study.html
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