Thermal Ceramics Market to Grow at 8.4% CAGR to 2023

PUNE, India, June 20, 2018 /PRNewswire/ --

ReportsnReports.com adds the global thermal ceramics market research - It is estimated to be USD 3.36 billion in 2018 and is projected to reach USD 5.02 billion by 2023, at a CAGR of 8.4% from 2018to 2023. Rapid infrastructural development in emerging economies of APAC is one of the major factors driving the thermal ceramics market. The growth of the thermal ceramics market is, however restrained by the carcinogenic nature of ceramic fibers and environmental concerns related to refractories.

Browse 77 Market Data Tables and 37 Figures spread through 126 Pages and In-depth TOC on "Thermal Ceramics Market by Type (Ceramic Fibers and Insulation Bricks), End-Use Industry(Mining & Metal Processing, Chemical & Petrochemical, Manufacturing, Power Generation),Temperature Range, and Region - Global Forecast to 2023" at http://www.reportsnreports.com/reports/1549187-thermal-ceramics-market-by-type-ceramic-fibers-and-insulation-bricks-end-use-industrymining-metal-processing-chemical-petrochemical-manufacturing-power-generationtemperature-range-and-region-global-f-st-to-2023.html .

Key players profiled in Thermal Ceramics Market Report include Morgan Thermal Ceramics (UK), Unifrax (US), IBIDEN (Japan), Isolite Insulating Products (Japan), Luyang Energy-Saving Materials (China), RHI Magnesita (Austria), Rath (US), Mitsubishi Chemical Corporation (Japan), 3M (US), and YESO Insulating Products (China).

The thermal ceramics market due to the huge demand for thermal ceramics in the production and processing of metals. The large production of metals has resulted in the high demand for thermal ceramics in kilns, furnaces, and other high-temperature insulation applications. Manufacturing is the fastest-growing end-use industry segment of the thermal ceramics market.

Study estimates size of thermal ceramics market for 2018 and projects its growth till 2023. It provides a detailed qualitative and quantitative analysis of the thermal ceramics market. Secondary sources, such as D&B Hoovers, Bloomberg Business Week, and Factiva, among others, were used to identify and collect information useful for this extensive, commercial study of the thermal ceramics market.

Ask for Discount on "Thermal Ceramics Market by Type (Ceramic Fibers and Insulation Bricks), End-Use Industry (Mining & Metal Processing, Chemical & Petrochemical, Manufacturing, Power Generation),Temperature Range, and Region - Global Forecast to 2023" research report at http://www.reportsnreports.com/contacts/discount.aspx?name=1549187 .

Asia Pacific thermal ceramics market growth is driven by the fast-growing manufacturing industries in the region. Automotive, energy, and construction are the major industries contributing to the high growth of the thermal ceramics market in Asia Pacific. The cement industry, which serves the construction segment, is a high potential growth market.

Additionally, as per the estimation of International Data Corporation, the manufacturing spending in this region is expected to grow at a CAGR of 4.8% between 2015 and 2019. All these factors are expected to make this region a high growth market for thermal ceramics.

Target Audience:

• Manufacturers of Thermal Ceramics
• Chemical Suppliers
• Traders, Distributors, and Suppliers of Thermal Ceramics
• Raw Material Suppliers
• Government and Research Organizations
• Industry Associations

The report offers insights on thermal ceramics used in various end-use industries across regions. It aims at estimating the size of the thermal ceramics market during the forecast period and projects future growth of the market across different segments, such as type, temperature range, end-use industry, and region. The report also includes an in-depth competitive analysis of the key players in the thermal ceramics market, along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Order a Copy of "Thermal Ceramics Market by Type (Ceramic Fibers and Insulation Bricks), End-Use Industry(Mining & Metal Processing, Chemical & Petrochemical, Manufacturing, Power Generation), Temperature Range, and Region - Global Forecast to 2023" research report at http://www.reportsnreports.com/purchase.aspx?name=1549187 .

Thermal ceramics market has been segmented into ceramic fibers and insulation bricks. The ceramic fibers segment is estimated to lead the market and is projected to grow at a higher rate than the insulation bricks segment during the forecast period. Ceramic fibers have an exceptionally low thermal conductivity, which makes them an energy-saving material.

The primary sources were divided into 3 categories, namely, company type, designation, and region. 

• By Company Type - Tier1-70%, Tier2 -20%, and Tier3-10%
• By Designation - C Level-5%, Director Level-20%, and Others-75%
• By Region - North America-10%, Europe-30%, Asia Pacific-40%, Middle East& Africa -15%, and South America-5%

Another research titled thermal imaging market was valued at USD 2.72 billion in 2017 and is expected to reach USD 4.04 billion by 2023, at a CAGR of 6.73% during the forecast period. Reduction in the price of thermal imaging products, the increasing adoption of thermal imaging in perimeter security, and penetration in machine vision applications are driving the growth of this market. The report details competitive landscape for prominent thermal imaging market players, including FLIR Systems (US), Fortive (US), Axis Communications (Sweden), Leonardo (Italy), BAE Systems (UK), L3 Technologies (US), United Technologies (US), Sofradir (France), Testo (Germany), Xenics (Belgium), and Seek Thermal (US) now available with discount at http://www.reportsnreports.com/contacts/discount.aspx?name=1516280 .

Explore more reports on Advanced Materials Research at http://www.reportsnreports.com/market-research/advanced-material/ .

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