Press release
Ceramic Tube Market Size - Industry Share Report 2022
Ceramic Tube Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2022 Market Research Report to It’s a Database.Download sample copy @ https://goo.gl/1VtEXQ
The ceramic tube market is projected to reach USD 993.3 million by 2022, growing at a CAGR of 7.52%, from 2017 to 2022. Ceramic tubes are mainly used as enveloping material in electronic and electrical equipment, such as vacuum interrupters, power grid tubes, capacitors, and thermocouple insulators. Ceramic tubes also find application in X-ray tubes used in X-ray machines and CT scan machines. The growth of the ceramic tube market can be attributed to increased investments in the construction of new electrical transmission and distribution networks in developing countries and maintenance of aging power transmission infrastructure in developed countries. Rising energy costs in ceramic manufacturing act as a restraint for the ceramic tube market along with a lack of reliable supply of raw materials and volatility in the prices of raw materials. Low-cost competitors from emerging markets are the main challenge for the ceramic tube market.
The electronic and electrical segment is estimated to be the fastest growing segment of the ceramic tube market, by application, from 2017 to 2022. Rapid growth in the electronic and electrical manufacturing sector in Asia-Pacific is expected to drive the ceramic tube market. The governments of countries such as India and China are investing heavily in the construction of new power transmission and distribution networks to support their growing manufacturing sectors. This is expected to drive the electronics and electrical application segment during the forecast period.
The market in Asia-Pacific is currently the largest ceramic tube market, followed by the markets in Europe, North America, and the Middle East & Africa. The market in Asia-Pacific is projected to grow at a higher rate, with the Chinese market expected to dominate the regional market. The growth of the manufacturing sectors in countries such as India, China, South Korea, Japan, and Taiwan is expected to fuel the ceramic tube market in Asia-Pacific
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Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as assess future market prospects.
The distribution of primary interviews is as follows:
• By Company Type: Tier 1- 60%, Tier 2- 27%, Tier 3- 13%
• By Designation: C-Level- 35%, Manager Level- 25%, Others- 40%
• By Region: North America- 30%, Europe- 23%,Asia-Pacific- 17%, South America- 16%, and Middle East & Africa- 14%
Key Points From Table Of Content:
5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Increasing Demand for Power Transmission and Distribution Equipment
5.1.1.2 Replacement and Refurbishment of Existing Power Infrastructure
5.1.1.3 Stringent Environmental Norms for Sf6-Based Circuit Breakers
5.1.2 Restraints
5.1.2.1 Rising Energy Costs for Ceramic Manufacturing
5.1.2.2 Availability of Raw Materials and Volatility of Prices
5.1.3 Opportunities
5.1.3.1 Increasing Share of Renewable Energy
5.1.4 Challenges
5.1.4.1 Low-Cost Competition From Emerging Markets
11 Company Profiles
(Overview, Strength of Product Portfolio , Business Strategy Excellence , Products Offering, Recent Development’s, Business Strategy)*
11.1 Morgan Advanced Materials
11.2 Kyocera Corporation
11.3 Carborundum Universal, Ltd.
11.4 NGK Spark Plug Co., Ltd.
11.5 Ceramtec
11.6 HP Technical Ceramics
11.7 Coorstek, Inc.
11.8 Xiamen Innovacera Advanced Materials Co., Ltd.
11.9 Texers Technical Ceramics
11.10 Precision Ceramics
11.11 TQ Abrasive Machining
11.12 The Rauschert Group
11.13 Mantec Technical Ceramics
11.14 International Syalons
11.15 C-Mac International, LLC
11.16 Ortech Advanced Ceramics
11.17 Mcdanel Advanced Ceramic Technologies, LLC
11.18 LSP Industrial Ceramics, Inc.
11.19 Insaco, Inc.
11.20 China Southern Advanced Ceramic Technology Co., Ltd.
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