According to the latest report by IMARC Group, titled “Thermal Ceramics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The global thermal ceramics market reached a value of US$ 4.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.7 Billion by 2027, exhibiting at a CAGR of 4.7% during 2022-2027
Thermal ceramics, or ultra-high temperature ceramics (UHTCs), are advanced materials used for insulating and maintaining thermal temperatures in refractories. They are used for the industrial processing of metals, cement, petrochemicals, and glass. Thermal ceramics are manufactured by blending multiple insulation products, such as cerablanket, kaowool and low-persistent materials. They offer high temperature and shock resistance, thermal insulation and thermal expansion. As a result, they are widely used across various industries, such as construction, manufacturing, aerospace, manufacturing, power and chemical.
Thermal Ceramics Market Trends:
The global thermal ceramics market is primarily being driven by widespread product adoption in the construction industry. These ceramics are widely used while building industrial spaces, homes and commercial enclosures with enhanced thermal insulation. Moreover, the development of low bio-persistent materials is providing a thrust to the market growth. These materials are extensively used in passive fire protection systems, domestic appliances, and automotive exhaust systems. Other reasons, such as extensive product adoption for lightweight aircraft manufacture, as well as an increasing number of ongoing infrastructure construction projects, particularly in developing nations, are producing a bright future for the industry.
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Thermal Ceramics Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 3M Company
- CeramTec GmbH
- Dyson Technical Ceramics Ltd.
- FibreCast Inc.
- Ibiden Co. Ltd.
- Mitsubishi Chemical Holdings Corporation
- Morgan Advanced Materials
- Rath Group
- Rauschert GmbH
- RHI Magnesita GmbH
- Shinagawa Refractories Co. Ltd.
- YESO Insulating Products Co. Ltd.
Breakup by Type:
- Ceramic Fabrics
- Insulation Bricks
Breakup by Temperature Range:
- 650-1000 Celsius
- 1000-1400 Celsius
- 1400-1600 Celsius
- Above 1600 Celsius
Breakup by End Use Industry:
- Mining and Metal Processing
- Chemicals and Petrochemicals
- Power Generation
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive mapping of the competitive landscape
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