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.

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