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
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Product Code:
RP-ID-10079109 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
110 -
Category:
Chemicals -
Publisher:
Pub-ID-27
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
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
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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