In 2014, the global fireproof ceramics market was worth USD 2.9 billion. This market is expected to continue growing. This market is driven by the rising demand from ceramic and petrochemical industries for fireproof ceramics. Market expansion is expected to be aided by the growth in the iron and steel, aluminum and power generation industries over the forecast period.
Industry growth will be driven by a greater focus on developing manufacturing sectors in emerging economies. Ceramics that are fireproof consist mainly of silica and alumina, which have low thermal conductivity. They are used in protection and high-temperature insulation.
Due to the increasing productivity of the power generation and petrochemical industries, the market in the U.S. will experience significant growth over the forecast period. The region's ceramic and glass industries are expected to grow over the forecast period.
Industry players have had to concentrate on R&D to develop new products that comply with different regulatory requirements. Graphite is still in its introduction phase and is therefore a niche technology that could become a breakthrough in the coming years.
Due to increased consumption and the development of new projects, fireproof ceramics will be dominated by India and China. China was the largest producer of steel in 2014. It is expected to continue its dominance in the forecast period. This makes it a major market for the product.
Industry expansion will be stimulated by new product launches and integrations of key players over the forecast period. These products offer exceptional features such as low thermal conductivity and low heat storage. They also have thermal shock resistance, sound absorption, and high tensile strengths.
For insulation in high temperatures, fireproof ceramic blankets can be used. They accounted for 31.5% of total revenue in 2014. These products are used in sealing, insulation, and other high temperature applications. These products have low thermal conductivity, heat storage and corrosion resistance.
Kaolin is a naturally occurring alumina silica fire clay that is used to make ceramic fiber blankets. These blankets are used mainly in the metal industry, where temperatures exceed 1400°C. The demand for ceramic fiber blankets has grown due to increased safety awareness in the production area.
Modules made of fireproof ceramic fiber are used in nearly all major industries, including iron, steel, aluminum, glass, and aluminium. Modules can be used to cover transfer lids, soaking pit covers and reheating furnaces. This product segment will see a 10.9% CAGR over the forecast period.
The characteristics of fireproof ceramic paper include low heat storage, low thermal conductivity, and fire and shock resistance. They are used for insulation and sealing in high-temperature situations. These fireproof ceramic materials are also used for insulation in aircraft, wrapping high-temperature pipes, and metallic castings.
In 2014, 20.1% of total revenue was contributed by the ceramic and glass industries. It is used in kilns, kiln cars and other applications that use spun brick. The segment is expected to grow due to growing demand for sanitaryware, dinnerware and tiles. Segment growth will also be driven by the increasing demand for flat glass, glass containers and other glass products.
In the next few years, the aluminum industry will be worth USD 574.8 millions. Ceramic fibers are used in blankets, papers, and modules for various wrapping and insulation purposes. This segment is expected to grow due to the expanding application range of these fibers in die casting and foundry, primary melting, secondary melting and carbon-baking.
The projected growth period will be driven by rising aluminum demand in the automotive, marine and aviation sectors. Global growth in the automotive manufacturing sector is expected to drive aluminum demand, which will support market growth.
Industry growth will be boosted by increased investments in power generation activities to meet growing consumer demand. These ceramics can be used for safety in the workplace and insulation in power plants. Product demand will be supported by an increase in power generation activity in key regions around the world.
Asia Pacific was the largest region market with a revenue share at 37.7% in 2014. Over the forecast period, the market will be driven by the increasing use of ceramic fibers due to their properties such as lightweight, high thermal conductivity and thermal shock resistance.
In 2014, the U.S. market was valued USD 445.7 Million. This is due to the significant growth in the power generation and petrochemical industries. A growing number of technically recoverable shalegas deposits has resulted in a rising demand for fireproof ceramic materials.
Europe's market is driven mainly by ceramic and glass refractory, as well as the iron-and-steel industry which has seen an increase in production over the past few years. Over the forecast period, the regional market will grow at 8.8% CAGR. The major markets are expected to be France and Germany.
The product demand is expected to rise due to increased demand from Central and South American manufacturing industries for fireproof insulation materials. The region's mature manufacturing sector and the presence of multinational producers are expected to have a positive effect on product demand.
Global industry is highly competitive due to large companies that are involved in product innovation and R&D. Morgan Thermal Ceramics, Zircar Ceramics, Skamol A/S, Ibiden Co., Ltd., Unifrax Corp., Isolite Insulation Products Ltd., and Rath Inc. are key players in this market.
As industry players seek to increase their customer base, the industry is marked by product launches and product exhibits. Morgan, for example, launched Superwool Sealcoat HT in October 2015. This liner is used primarily in emergency repairs and as backup insulation to patching. It gives the company a competitive advantage over other products.
Up Market Research published a new report titled “Fireproof Ceramics Market research report which is segmented by Product (Blanket, Module), by End Use (Aluminum, Ceramics & Glass), By Players/Companies Ltd; Unifrax Corp; Isolite Insulation Products Ltd; and Rath Inc, Morgan Thermal Ceramics; Zircar Ceramics; Skamol A/S; Ibiden Co”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Fireproof Ceramics Market Research Report |
By Product | Blanket, Module |
By End Use | Aluminum, Ceramics & Glass |
By Companies | Ltd; Unifrax Corp; Isolite Insulation Products Ltd; and Rath Inc, Morgan Thermal Ceramics; Zircar Ceramics; Skamol A/S; Ibiden Co |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 201 |
Number of Tables & Figures | 141 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Blanket, Module), by End Use (Aluminum, Ceramics & Glass).
Fireproof Ceramics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Fireproof Ceramics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Fireproof Ceramics Market Report:
Some other reports from this category!