Global "Fireproof
Ceramics Market" 2022 Industry
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ceramics industry. It will show how other players compete in the global Fireproof
ceramics Market and explain the strategies you use to differentiate yourself
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Global fireproof ceramics
market size was estimated at USD 2.87 billion in 2014 and is anticipated to
reach USD 6.44 billion by 2022. These materials that provide and outer layer in
certain incidents of fire, thus varying them from just a polymer to an
efficient fire-resistant ceramic. This ceramic is less susceptible to
fluctuations in temperature and highly stable making it strong and high
resistance to damage including breaks and cracks
These materials are widely
used in manufacturing fireproof floor tiles, ceramic walls, multilayer ceramic
capacitor, medical grade ceramics and ceramic paper. These products are used in
various applications and industries including explosives, chemicals, and in
sectors that need high-end efficient fireproofing solutions. Rising demand from
various end-use industries including iron & steel, petrochemicals is expected
to boost market growth over the forecast period.
With the increasing demands
for viable MLCC’s in electronic devices including smartphones, the market is
estimated to grow significantly over the forecast period. These ceramics are
widely used in producing fireproof ceramic stones that are present in fireproof
floor tiles and walls. The major factors contributing to the demand of medical
grade ceramics can be attributed to the increasing demand for hip replacement
implants and cosmetic dentistry. China is the largest manufacturer of these
materials followed by Ukraine.
Fireproof ceramics provide
various benefits including resistance to abrasion, color permanence,
durability, moisture resistance, and better hygiene and visual appeal over
others. These factors are expected to positively affect the market demand over
the next seven years. However high maintenance and replacement costs in case of
breakage or damage are expected to restrict the market growth.
Partnerships &
Agreements coupled with new product development by major players are estimated
to propel the market expansion over the forecast period. In addition,
exceptional features offered by these products such as low thermal
conductivity, low heat storage, high tensile strength, thermal shock resistance,
and sound absorption are anticipated to drive the industry during the forecast
period. However, carcinogenic nature of RCF is likely to restrain market growth
over the next seven years.
Growing interest and focus
in development of manufacturing industries in emerging economies is expected to
propel the industry expansion over the next seven years. These materials are
fibers that mainly consist of silica and alumina and provide high thermal
conductivity. They are widely used in high temperature protection and
insulation that constitutes the major segment of manufacturing industries.
Stringent ecological
regulations and procedures are expected to increase more investment in R&D
activities by the leading market players. Thus innovation and technological
advancement play a major role in the fireproof ceramic industry.Graphite is
expected to be the most important raw material due to its properties and is
extensively used in introduction stage of refractoriness. On the basis of
product type global market has been segmented into Bulk, Blanket, Board, Paper,
and Module. Fireproof ceramic blanket is expected to account for largest market
share owing to its wide applications in high temperature environment including
insulation, and sealing.
These blankets possess
several characteristics including corrosion resistance, heat storage and low
thermal conductivity. Fiber blanket is manufactured from a natural element
known as alumina silica clay and are used majorly in metal industry that work
under high temperatures of over 1400°C. Ceramic Modules are expected to witness
significant growth rate over the forecast period. These modules are used in
almost all the major industries to transfer soaking pit covers, reheating
furnaces, and ladle lids. The market is anticipated to grow at a CAGR exceeding
11%, from 2016 to 2022.
On the basis of end use
segment, the global market has been segmented into Ceramics & Glass,
Aluminum, Iron &Steel, Power Generation, and Petrochemicals. Ceramic &
glass industry is expected to have largest market share owing to growing demand
in kilns and kiln cars. The inner side of a kiln is produced from spun brick.
Increasing demand for dinnerware, tiles and sanitary ware are expected to steer
market growth. Rising demand for flat glass, glass containers, and glass
products is anticipated to fuel market growth.
Aluminum industry is
expected to witness significant growth rate over the forecast period. This
industry uses ceramic fibers in the form of modules, papers and blankets. In
addition these fibers are expected to face growing demand in primary smelting,
die cast & foundry, carbon baking and secondary melting applications in the
aluminum industry. Growing demand for aluminum materials in marine, automobile
and aviation sectors is anticipated to fuel market growth.
Asia pacific is expected to
be the key region in the global market. Emerging economies including India and
China are estimated to lead ceramics market due to the growing consumption of
these products in manufacturing industries. In 2014, China was the world’s
biggest steel producing country. The growing demand for steel is expected to
enhance the market growth in this region.
Key players in this
industry are Zibo Jiuchen Co. Ltd., Saint-Gobain Ceramics and Plastics, JIA
Inc., Rodabell Group, and Jagdamba Minerals. Other industry participants
include Minqing Jiali Ceramics Co., Foshan Artist Ceramics Co., Ltd., and LYCOS
CERAMIC PRIVATE LIMITED. In February 2016, Dutch researchers have invented
flexible ceramics for circuit boards known as flexiramics that possess high
resistance to heat. It is easily foldable, tissue-like material which is
non-conducting, and fireproof. They can be widely used in circuit boards and
heavy-duty electronics.
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