Global Thermal Ceramics Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx million over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 8.0% during the forecast period that is 2017-2025. Thermal Ceramics means ceramic products made for thermal application. The utilization of thermal ceramics in a large application field is justified by the range of properties offered by materials used for parts manufacturing.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global thermal ceramics market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global thermal ceramics market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Market Dynamics

Thermal Ceramics Market was valued USD 3,070 million in the year 2017, and is growing at rate of 8.0% during the forecast period. Factor driving the market growth are growing need for energy savings, rapid infrastructural development in emerging economies of Asia-Pacific, and high growth potential in non-metallic minerals. However, carcinogenic nature of ceramic fibers, and environmental concerns related to refractories are the factors hindering the thermal ceramics market. On the contrary, development of low bio-persistent materials and need for recycling of refractories are the significant factors expected to offer lucrative growth opportunities during the forecast period.

Segment Analysis

Type Insights: On the basis of type, the thermal ceramics market is bifurcated into ceramic fibers and insulation bricks. The ceramic fibers is anticipated to lead the market and is expected to grow at a fastest rate during the analysis period. Ceramic fibers have comparatively low thermal conductivity, which makes them an ideal choice as energy-saving material. Additionally, it has low density, low thermal inertia, as well as good temperature control inside the insulating surface, no preheating required, chemical stability, and are lightweight as well as easy to install. These properties have led to their preference over other insulation products.

End Use Industry Insights: On the basis of end use industry, the thermal ceramics market is bifurcated into mining & metal processing, chemical & petrochemical, manufacturing, power generation. Mining & metal processing is the largest end-use industry of the thermal ceramics market owing to the rising demand for thermal ceramics in the production and processing of metals. The large production of metals has resulted in the increased demand for thermal ceramics in kilns, and furnaces. Manufacturing is the fastest-growing end-use industry of the end-use industry segment. Manufacturing end use industry comprises high growth industries, such as cement, glass, refractory, ceramic, and transportation.

By Temperature Insights: On the basis of temperature range, the thermal ceramics market has been categorised into 650 to 1,000¡ãC, 1,000 to 1,400¡ãC, and 1,400 to 1,6000C. The 1,000 to 1,400¡ãC segment is expected to be the largest temperature range segment of the market and is also estimated to grow at the fastest growth rate during the projection period. The products operating in this temperature range are utilized in several applications, such as high temperature filtration, refractory back-up for aluminium smelting and holding furnaces, aluminium furnace tap-out plug cover and parting agent, aluminium distributor pan linings, gaskets for any high temperature application, heat treating furnaces, thermal oxidizers, high temperature gaskets & seals, and heat shields.

Regional Analysis

The global thermal ceramics market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Asia-Pacific estimated to be the largest as well as the fastest-growing region for thermal ceramics market. The growth of the chemical industry has led to increase in investments in chemical manufacturing units in this region. Asia-Pacific comprises countries, such as China and India, which are witnessing rapid industrialization. The chemical & petrochemical end-use industry is growing at considerable rate in the region because of the rising demand for chemicals in several applications. Countries such as India, Indonesia, and Thailand are continuously investing in new projects to decrease imports of chemicals as well as fulfil domestic demands, which will, in turn, propel the chemical industry in Asia-Pacific. The growth of this industry increases the demand for thermal ceramics in thermal insulation applications. These factors, therefore, offer lucrative growth opportunities to the thermal ceramics market.

Global Thermal Ceramics Market Size, Share Analysis By Region 2017

Global Thermal Ceramics Market Study Objective

1. To forecast the market size of thermal ceramics market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of thermal ceramics market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of thermal ceramics market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of thermal ceramics market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the thermal ceramics market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of thermal ceramics market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of thermal ceramics market commercially.

Key Players landscape  

Key players of global thermal ceramics market are Morgan Advanced Materials, Unifrax, Luyang Energy-Saving Materials, Isolite Insulating Products, RHI Magnesita N.V., 3M, Ibiden, Mitsubishi Chemical Corporation, Rath Inc., and Yeso Insulating Products. Other players in the value chain of the thermal ceramics market includes Bnz Materials, Pyrotek, and Promat International

Global Thermal Ceramics Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.