Thermal ceramic market growing at 7.70% CAGR from 2021 to 2028 | Main companies like 3M, Ibiden, Mitsubishi Chemical Corporation, Yeso Insulating Products, etc.

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(MENAFN – GetNews) The global thermal ceramics market is expected to reach $ 7,274.3 million by 2028, according to a new report from Reports and Data.

Rapid industrialization and the growing need for energy savings in the mining and metal processing industries are driving the growth of the market.

Market Size USD 3,998.8 Million in 2020, Market Growth – 7.70% CAGR, Market Trends Strong demand from developing countries.

The global thermal ceramics market is expected to reach $ 7,274.3 million by 2028, according to a new report from Reports and Data. They are used as insulation materials, due to their ability to withstand high temperatures, and are used for lining furnaces and furnaces. Thermal ceramic products often exist in the form of blankets, boards, felts, loose fibers, vacuum molded or molded forms, paper and textiles. Their lightness, thermal shock resistance and strength make them useful in many industries. Modern technologies allow the production of highly porous ceramic foams, intended for use in blast furnaces as insulation and are energy efficient. These products dramatically reduce energy consumption and emissions in a variety of high temperature processing applications.

The growing needs for energy savings and the rapid industrialization of emerging economies are the main growth drivers identified in the market. Due to growing environmental concerns, governments in various countries are moving towards sustainable development. To achieve this, governments have advised manufacturers to also use environmentally friendly materials in their buildings and other applications.

In addition, the report comes with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected all segments of the market, causing disruptions in the supply chain, demands and trends, and financial hardship. The report covers the initial and future assessment of the impact of COVID-19 on the market.

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The report covers the analysis of market dynamics, company profiles, production and manufacturing capacity, product specifications, product value, and major players. The report also offers an overview of the growth prospects during the forecast period. The Thermal Ceramics market report also offers in-depth data on major market players to better understand the competitive landscape. The report focuses on the key elements of the market to ensure the competitive edge and maximum advantage for the readers of the market data to help them achieve substantial growth and an advantageous position in the global market.

Main conclusions of the report:

The ceramic fiber segment has dominated the market and is expected to grow at a rapid rate. Insulating bricks are mainly used in glass industries, ceramics industries, aluminum foundries, steel industries, non-ferrous metal industries and power generation industries.

They are used in fire doors, insulation of ovens, individual heat-resistant containers and for heating pipes, in situations of direct exposure to flames, as gaskets to maintain or maintain temperature difference. high.

Thermal ceramics used for a temperature range of 1000 to 1400 ° Celsius represented a significant market share.

The mining and metal processing segment accounted for a large market share due to the heavy use in the processing of ferrous and non-ferrous metals.

In the metallurgical industry, they can be used for burner blocks, covers, curtains, emission control, furnace liners, gaskets, expansion joints, hot gas filtration, insulation, mold liners and nozzle shrouds.

In the chemical and petrochemical industries, they are used for sound insulation, boilers, catalyst recovery, fire protection, flares, hot gas filtration, personal / equipment protection, seals, insulation , and others.

The manufacturing segment is expected to experience the fastest growth due to the automotive industry, mainly electric cars. In power generation, they are used for thermal oxidizers, waste incineration, boilers, personnel / material protection, polysilicon reactors, etc.

Asia-Pacific is expected to experience significant growth due to the growth of China’s metal processing industry, automobile industry, and construction sector.

Major participants include 3M, Ibiden, Mitsubishi Chemical Corporation, Yeso Insulating Products, Morgan Advanced Materials, Isolite Insulating Products, Luyang Energy-Saving Materials, Unifrax, Bnz Materials and RHI Magnesita NV, among others.

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For the purpose of this study, the global thermal ceramics market has been segmented on the basis of disease type, application, distribution channel and region:

Type Outlook (Revenue, Billions USD; 2018-2028)

Ceramic fibers

Insulating refractory bricks

Temperature Outlook (Revenue, USD Billion; 2018-2028)

650 1000 ° Celsius

1000 1400 ° Celsius

1400 1600 ° Celsius

Above 1600 ° Celsius

End Use Industry Outlook (Revenue, USD Billion; 2018-2028)

Chemistry and petrochemicals

Mining and Metal Processing

Manufacturing

Energy production

Other

By Region (Revenue, USD Million; 2017-2027)

North America

Europe

  • Germany
  • UK
  • France
  • BLESS
  • The rest of europe

Asia Pacific

  • China
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East and Africa

  • Saudi Arabia
  • United Arab Emirates
  • Rest of Middle East and Africa

Contents:

Chapter 1. Market synopsis

1.1. Market definition

1.2. Scope and premise of the research

1.3. Methodology

1.4. Market estimation technique

Chapter 2. Executive summary

2.1. Summary overview, 2020 2028

Chapter 3. Indicative measures

Chapter 4. Thermal Ceramics Market Segmentation and Impact Analysis

4.1. Thermal Ceramics Market Materials Segmentation Analysis

4.2. Industrial outlook

4.2.1. Analysis of market indicators

4.2.2. Market driver analysis

4.2.2.1. Rapid infrastructure growth in emerging economies

4.2.2.2. Growing demand for energy efficient equipment

4.2.2.3. High growth potential in non-metallic minerals

4.2.3. Analysis of market constraints

4.2.3.1. Carcinogenic content in ceramic fibers

4.2.3.2. Environmental regulations

4.2.3.3. Inefficient supply chain logistics

4.3. Technological insights

4.4. Regulatory framework

4.5. ETOP analysis

4.6. Porter’s Five Forces Analysis

4.7. Competitive metric space analysis

4.8. Price trend analysis

4.9. Customer mapping

4.10. Covid-19 impact assessment

4.11. Influence of the global recession

Chapter 5. Thermal Ceramics Market by Type Overview and Trends

5.1. Type dynamics and market share, 2021 and 2028

5.2. Ceramic fibers

5.2.1. Market Estimates & Forecasts, 2018 2028, (USD Million)

5.2.2. Market Estimates & Forecasts, By Region, 2018 2028, (USD Million)

5.3. Insulating refractory bricks

5.3.1. Market Estimates & Forecasts, 2018 2028, (USD Million)

5.3.2. Market Estimates & Forecasts, By Region, 2018 2028, (USD Million)

Continued…

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About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, custom research reports, and consulting services. Our solutions focus uniquely on your goal to locate, target and analyze changes in consumer behavior across demographics, across industries and help customers make smarter business decisions. We offer market intelligence studies ensuring relevant and evidence-based research across multiple industries including healthcare, technology, chemicals, power, and energy. We are constantly updating our research offerings to ensure that our clients are up to date with the latest trends that exist in the market.

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