Product Code: RP-ID-10079109 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10079109
Market Overview:
Thermal Ceramic Industry By End-use (Manufacturing, Mining & Metal Processing, Power Generation, Chemical & Petrochemical), and By Type (Insulation Bricks, Ceramic Fibers) – Global Market Opportunity and Current Growth Analysis 2019-2025
Global Thermal Ceramic Industry was valued at USD 3.54 Billion in the year 2018. Global Thermal Ceramic Industry is further estimated to grow at a CAGR of 8.2% from 2019 to reach USD 6.15 Billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2018 and North America considered as the second largest Industry in the forecasted period. At a country level, developed markets like China holds the notable Industry share in 2018 and it is projected to grow at a gradual rate in the coming years.
Segmentation is done on the basis of Temperature Range, 650 to 1,000 æ, 1,000 to 1,400 æ, 1,400 to 1,600 æ s of which the Aluminum Based 1,000 to 1,400 æ segment is expected to hold the highest Industry share during the forecast period. On the other hand, segmentation done on the basis of By Application include Manufacturing, Mining & Metal Processing, Power Generation and Chemical & Petrochemical, of which Mining & Metal Processing segment is expected to grow at the XX% CAGR during the forecast period 2019-2025.
Major market players in Thermal Ceramic Industry are Morgan Thermal Ceramics, Unifrax, IBIDEN, Isolite Insulating Products, Luyang Energy-Saving Materials, RHI Magnesita, Rath, Mitsubishi Chemical Corporation, 3M, and YESO Insulating Products,
SWOT analysis of Thermal Ceramic Industry
Strength:
Rising demand for saving energy
Weakness:
Environmental concern for refractory recycling
Opportunities:
Enhancement in Low Bio-Persistent Materials
Threats:
Government Regulations on mining activities
Thermal Ceramic Industry Segmentation
Thermal Ceramic Industry Overview, By Temperature Range
• 650 to 1,000 æ
• 1,000 to 1,400 æ
• 1,400 to 1,600 æ
Thermal Ceramic Industry Overview, By Type
• Insulation Bricks
• Ceramic Fibers
Thermal Ceramic Industry Overview, By End-use
• Manufacturing
• Mining & Metal Processing
• Power Generation
• Chemical & Petrochemical
• Others
Thermal Ceramic Industry Overview, By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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Proof of Quality & Reliability
