Cordierite Market Valued at $1.2 Billion in 2018, Projected to Grow at 3.8% CAGR, Tapping into New Applications and High-Performance Ceramic Demand

The recently published report from Dataintelo reveals that the Global Cordierite Market size, which was valued at USD 1.2 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in 2018, is projected to reach a significant net worth by 2028, with a continuous and promising compound annual growth rate (𝐂𝐀𝐆𝐑) of 3.8%. This notable growth is propelled by a robust demand for high-performance ceramic products, expanding application scope in various end-user industries, and the emergence of new applications.

Cordierite, a type of ceramic host to a wide range of applications, has been witnessing a boom in demand from several sectors. Automotive and electrical industries primarily contribute to the cordierite market as it serves as essential components for catalyst supports and diesel particulate filters in the former and as insulators in the latter.

The escalating trend of miniaturization in the electronics industry propels the demand for cordierite products as it is an essential component in producing crucial parts like circuit boards, sensors and insulation materials. Similarly, the automotive industry is seeing a surge in demand for cordierite owing to its use in emission control system parts, catalytic converters and heat resistant parts.

The emergence of cordierite uses in other industries, including cosmetic and personal care products to produce non-reactive, stable and safe equipment, also contributes to market growth. Furthermore, new cordierite applications in green technologies such as solar panels and wind turbines signify future potential for the increase in demand.

The advancement in cordierite manufacturing technology and the introduction of sustainable and environment-friendly cordierite products are characteristic of the industry's growth and evolution. These innovative breakthroughs and the continual demands from various end-user industries present promising prospects for the global Cordierite market size in the next decade

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/75683

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬:

The cordierite market has been segmented on the basis of𝐓𝐲𝐩𝐞
● Sintered Cordierite
● Porous Cordierite

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
● Automotive Parts
● Deodorization
● Deoxidation & Smoke Extraction
● Ceramic Kiln
● Infrared Radiator
● Electrical Insulators
● Welding Strips & Rings
● Household Appliances
● Petroleum

𝐄𝐧𝐝-𝐔𝐬𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲
● Automotive
● Electronics
● Energy
● Industrial
● Construction
● Consumer Goods

𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐏𝐫𝐨𝐜𝐞𝐬𝐬
● Dry Pressing
● Extrusion
● Injection Molding

𝐑𝐞𝐠𝐢𝐨𝐧
● Asia Pacific
● North America
● Latin America
● Europe
● Middle East & Africa

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
● CoorsTek
● Du-Co
● Goodfellow
● Kyocera
● Sinotrade
● Steatit
● Tianjin Century
● Trans-Tech
● CoorsTek



In terms of 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, the cordierite market extends across various sub-segments such as sintered cordierite and porous cordierite depending on their types. Each cordierite type caters to different application industries like automotive parts, deodorization, deoxidation & smoke extraction, ceramic kiln, infrared radiator, electrical insulators, welding strips & rings, household appliances, and petroleum. The market is also segmented based on end-user industries, such as automotive, electronics, energy, industrial, construction, and consumer goods, each contributing to the market's growth. The manufacturing process also plays a crucial role in the market segmentation. Different processes include dry pressing, extrusion, and injection molding, leading to different characteristics and performance outcomes of the cordierite. The key market players driving the industry standards and innovations include CoorsTek, Du-Co, Goodfellow, Kyocera, Sinotrade, Steatit, Tianjin Century, and Trans-TechCoorsTek.

In the 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, the cordierite market spans across Asia Pacific, North America, Latin America, Europe, Middle East, and Africa. The market is expected to achieve substantial growth in the Asia Pacific due to the expansion of industries like automotive, electronics, and construction, all end-users of cordierite. The robust manufacturing and industrial sector in countries like China and India augment the projected market growth. North America also constitutes a significant share of the cordierite market due to its technological advancements and established industries. Europe's market is driven by its strong automotive sector, whereas Latin America, the Middle East, and Africa are emerging markets with growth potential, primarily driven by the development of industries and infrastructure

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/75683

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 for Cordierite Market:

1. Increasing demand in the automotive industry: Cordierite is used in the manufacturing of catalytic converters, which are essential components in every vehicle. The growing automotive industry worldwide is driving demand for Cordierite.

2. Growing environmental concerns: Governments around the world are imposing stricter emission standards to combat air pollution. This is leading to higher demand for catalytic converters and, consequently, Cordierite.

3. Use in foundry operations: Cordierite is used in kiln furniture due to its ability to withstand extreme temperatures. The steady growth in the foundry market is expected to drive demand for Cordierite.

4. Versatility of Cordierite: Apart from its use in the automotive and foundry industries, Cordierite also finds applications in the electronics industry, ceramics, and others. The versatility of Cordierite is a key market driver.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫Cordierite Market:

1. Development in the ceramics sector: Cordierite is extensively used in the ceramics industry. The advancements and growth in this industry open a vast opportunity for the Cordierite market.

2. Increasing regulation on emissions: As regulations on vehicle emissions become more stringent, the demand for Cordierite for use in catalytic converters is expected to increase, creating a lucrative opportunity.

3. Technological Advancements: Continuous R&D and technological advancements to produce high-quality Cordierite products will open up new growth 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫the market.

4. Growing urbanisation and industrialisation: The rapid pace of urbanisation and industrialisation, particularly in emerging economies, is expected to create high growth 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫the Cordierite market

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