Thermal Ceramics Market is estimated to reach USD xx million by 2026, with a CAGR of xx% during the forecast period from 2019 to 2026.


Posted October 4, 2019 by srinath22

Thermal Ceramics are used as insulation materials, because of their ability to withstand high temperatures, and are used for lining furnaces and kilns.

 
Market Overview:
The Thermal Ceramics Market was valued at USD xx million in 2018 and is estimated to reach USD xx million by 2026, with a CAGR of xx% during the forecast period from 2019 to 2026.
Thermal Ceramics are used as insulation materials, because of their ability to withstand high temperatures, and are used for lining furnaces and kilns. Thermal Ceramics products often exist in the form of blankets, boards, felts, bulk fibers, vacuum-formed or cast shapes, paper, and textiles.

Their lightweight, thermal-shock resistance, and strength make them useful in many industries. Modern technologies enable the production of highly porous foam ceramics, intended for use as energy-efficient thermal insulation in blast furnaces.

Market Dynamics:
The use of thermal ceramic products or ceramic wool for insulation purposes has become very popular nowadays. Almost all companies today demand these products because they are mainly used to control heat.

Ceramic fiber products widely used by various businesses that involve operations and manufacturing processes that generate or use high temperatures. Thermal ceramics have various useful features such as low thermal conductivity, low heat storage, high tensile strength, thermal shock resistance, and sound absorption.

These properties of thermal ceramics yield various applications especially in metal & petrochemical industries and other industries such as process heaters, heat treating furnaces, ethylene furnaces, all furnace linings requiring a protective barrier.Thermal ceramics are easy to install, contains no binder, contains no asbestos, no curing on dry out time required which makes them preferable over other alternatives.

Market Segmentation:
Thermal Ceramics Market is segmented by Type, Temperature Range, and by the application. By type, thermal ceramics market is segmented into insulation bricks and ceramic fiber. The Ceramic fiber segment consists of a ceramic blanket, cloth, rope, paper, board, etc.

Ceramic fiber segment dominated the market, and it is expected to grow at the fastest rate. Insulation bricks are mainly used in glass industries, ceramics industries, electrolytic aluminum industries, iron & steel industries, non-ferrous metals industries, and power generation industries.

By temperature range, thermal ceramics market is segmented into 600-1000 celsius, 1000-1400 Celsius, 1400-1600 Celsius, and above 1600 Celsius. Thermal ceramics used for 1000-1400 Celsius temperature range accounted for significant market share.

By application, thermal ceramics market is segmented into mining & metal processing, chemical & petrochemical, manufacturing, power generation, and others. Mining & metal processing segment accounted for significant market share due to extensive use in both ferrous & non-ferrous metal processing.

In manufacturing, they are frequently used in automotive & aerospace industry for electric car battery insulation, AGM battery separators, lib battery fire protection, exhaust system insulation, friction materials, fuel filtration, gaskets, start-stop batteries, airbag filtration, aircraft appliance insulation, aircraft heat shields, cable wraps, cryogenic insulation, and electronics fire protection.

Geographical Analysis:
By region, thermal ceramics market is segmented into North America, South Ameri-ca, Asia-Pacific, Europe, and Rest of the World. Asia-Pacific segment dominates the market due to massive industrial activity in the region, especially in China.

Asia-Pacific is also expected to be the fastest growing due to growth in the metal processing industry, automotive, and construction sector in China.

Competitive Analysis:
Thermal Ceramics Market is very competitive. Some of the notable players in the Thermal Ceramics Market are Morgan Thermal Ceramics, Unifrax, IBIDEN, Isolite Insulating Products, YESO Insulating Products, Luyang Energy-Saving, RHI Magnesita, Rath Inc., Nutec, Vitcas Ltd, and Mineral Seal Corporation.

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Last Updated October 4, 2019