Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Thermal Ceramics market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
The global thermal ceramics market revenue totaled approximately US$ 4 Billion in 2020, according to Fact.MR. The overall thermal ceramics landscape is expected to reach nearly US$ 6 Billion by 2031. Sales of thermal ceramic fibers will accelerate, surpassing US$ 3 Billion by the end of the decade. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Thermal Ceramics market.
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Key findings of the Thermal Ceramics market study:
- The report provides a present market outlook on Thermal Ceramics. Additionally, the Thermal Ceramics market share is anticipated to grow with a CAGR of 7% in the forecast period.
- Regional breakdown of the Thermal Ceramics market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Thermal Ceramics vendors in detail.
- Region-wise and country-wise fragmentation of the Thermal Ceramics market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Thermal Ceramics market.
- Thermal Ceramics price, market share, and Trends forecast for assessment period 2021-2031
Key Market Segments Covered
- End Use
- Thermal Ceramics for Mining & Metal Processing
- Thermal Ceramics for Chemicals & Petrochemicals
- Thermal Ceramics for Manufacturing
- Thermal Ceramics for Other End Uses
- Type
- Thermal Ceramic Fibers
- Thermal Ceramic Insulation Bricks
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What makes this Research different from others?
- COVID- Impact analysis- The report includes details of the impact of the pandemic on the Thermal Ceramics market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Thermal Ceramics companies.
- Industrial trend analysis- The research covers recent trends in the field of Thermal Ceramics which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.
- Thermal Ceramics Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.
Competitive Landscape
Prominent thermal ceramic manufacturers rely on new product launches, collaborations, acquisitions and mergers amongst other expansion strategies. Some notable developments in this regard are as follows:
- In June 2021, Luyang Energy-Saving Materials Co. Ltd. shipped 36 containers of luyangwool ceramicR fiber blanket products in Vietnam. As a type of refractory material with excellent heat preservation and fire resistance, ceramic fiber products are deployed across a number of industries.
- In January 2020, Morgan Thermal Ceramics announced its decision to foray into the automotive sector by introducing active and passive thermal management systems to maintain vehicle battery pack temperatures at an optimum level.
Key Market Players Listed:
- BNZ Materials Inc.
- Ibiden Co. Ltd.
- Isolite Insulating Products Co. Ltd.
- Luyang Energy-Saving Materials Co. Ltd.
- Mitsubishi Chemical Corporation
- Morgan Thermal Ceramics
- Promat GmbH
- Pyrotek Inc.
- Rath AG
- RHI Magnesita N.V.
- Unifrax I LLC
- Yeso Insulating Products Company Limited
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Why choose Fact.MR?
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