Global Thermal Ceramics Market 2018-2022

The global thermal ceramics market size will grow by USD 1.75 billion during 2018-2022. This report offers an analysis of the market based on product (ceramic fibers and insulation bricks) and end users (mining and metal processing, petrochemicals, manufacturing, power generation, and others). The thermal ceramics market research report further presents an in-depth insight on the growth prospects of the market across the Americas, APAC, and EMEA. The report analyzes the market’s competitive landscape and offers information on several companies including 3M, Mitsubishi Chemical, Morgan Advanced Materials, RHI Magnesita, and Unifrax.

Below are some of the key findings from the thermal ceramics market research report:

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Global thermal ceramics industry overview

The enforcement of stringent safety guidelines for work environment will play a crucial role in driving the thermal ceramics market during the forecast period. Several regulatory agencies are enforcing stringent rules and regulations which mandate thermal insulation, chemical safety, and electrical safety in risky and hazardous working environments. For instance, appropriate insulation is mandatory in the EU under the REACH workplace safety laws. A similar trend is being observed in emerging economies like India and Brazil where the incidence of workplace accidents is high due to the lack of adequate safety measures. Organizations are also adopting appropriate insulation materials in machinery and other equipment. Therma ceramic products are effective in offering protection against flash fares, high heat, and electric flux. With increase in the safety checkpoints as a mandatory rule, the demand for thermal ceramics will increase.

The growing demand for lightweight and high-performance materials is one of the major thermal ceramics market trends that will impact market growth. These advanced materials are preferred for high-friction applications such as thermally conductive materials. They can also withstand high temperatures and resist thermal shock, providing excellent thermal stability. Due to these advantages, they are in high demand from various end-user industries like aerospace, automotive, and defense. Among various types of high-performance materials, thermal ceramics are most preferred as they are non-conducive offer high-temperature resistance. The thermal ceramics market forecast report predicts the market to grow at a CAGR of over 6% during the forecast period.

Top thermal ceramics companies covered in this market research report

The thermal ceramics market is moderately concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this thermal ceramics industry analysis report will help clients identify and design new growth strategies.

The report offers a complete analysis of various companies including:

• 3M
• Mitsubishi Chemical
• Morgan Advanced Materials
• RHI Magnesita
• Unifrax

Thermal ceramics market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global thermal ceramics market analysis reveals that the APAC region will lead the thermal ceramics market share during the forecast period. APAC will also account for the highest thermal ceramics market growth throughout the forecast period.

Thermal ceramics market segmentation based on product

• Ceramic fibers
• Insulation bricks

The ceramic fibers segment will continue to dominate the thermal ceramics market share during the forecast period. Ceramic fibers will also account for the highest thermal ceramics market growth. Additionally, the report also provides an accurate prediction of the contribution of all the various products segments to the growth of the thermal ceramics market size.

Key highlights of the global thermal ceramics market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the thermal ceramics market during the next five years
• Precise estimation of the global thermal ceramics market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the thermal ceramics industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of thermal ceramics companies

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