The global fireproof ceramics market size was valued USD 6.59 billion in 2021 and is expected to rise to USD 8.8 billion by 2028 at a CAGR of 12.31%.
The global fireproof ceramics market is predicted to grow to USD 8.8 billion by 2028, up from USD 6.59 billion in 2021. The worldwide fireproof ceramics market is expected to grow at a CAGR of 12.31 percent over the projected period. This report discusses market research on the fireproof ceramics market, its market growth factors, and its challenges. The report also talks about the opportunities available to stakeholders, researchers, and potential investors for the fireproof ceramics market, discussing the recent changes due to the pandemic.
Fireproof ceramics refers to materials that are heat resistant, protect against high temperatures, and insulate. A small quantity of binder material is present in fireproof ceramic materials which are generally burned at a lower temperature and have no effect on the insulating properties. Alumina and silica are the main components of fireproof ceramics, which have a low thermal conductivity. As a result, they've become popular in applications requiring high-temperature insulation and protection.
It is widely used in welding, foundry works, aluminum & steel mills, boiler insulation & seal, shipyards, refineries, power plants, and chemical plants, and is featured with heat insulation and high-temperature protective materials in all kinds of thermal installations and heat-conducting systems.
COVID-19 Impact:
Due to major disruptions in their respective manufacturing and supply-chain activities as a result of numerous precautionary lockdowns and other limitations imposed by governing bodies around the world, the global fireproof ceramics market has been negatively impacted. Furthermore, consumer demand has decreased as people are now more focused on removing non-essential expenses from their budgets since the general economic situation of most people has been badly impacted by the outbreak. Over the forecast period, the aforementioned factors are likely to weigh on the worldwide fireproof ceramics market's revenue path. The global market is likely to revive as regional government bodies begin to abolish these enforced lockdowns, resuming normal operations in the future.
Increased demand for fireproof ceramics in the iron and steel industry to drive market growth
High-temperature textiles made of fireproof ceramics are used as insulating linings in metallurgical ovens & furnaces, petrochemical heaters, and ceramic kilns. These ceramic fibers are high-temperature refractory clays that are employed as primary and backup linings in petrochemical critical applications. These have several benefits which are widely valued in end-use industries. Ceramic fiber is a versatile substance that may be used to confine or manage high temperatures, making it a perfect material for a variety of manufacturing enterprises. As a result, the global demand for fireproof ceramics is expected to rise.
Fragile fireproof ceramic products in the electronics industry to resist market growth
The manufacturing cost of fireproof ceramic electronic components is high, and most of the products are fragile and easily susceptible to damage. This could stifle both volume and revenue growth in the global market. Replacements of fireproof ceramic components can be expensive in the event of damage or breakage.
Development of electronic components under the fireproof ceramic sector
The usage of multilayer ceramic capacitors (MLCCs) in popular electronics devices such as smartphones, memory drives, and wearable gadgets is the most significant potential now forming in the worldwide fireproof ceramics market. The medical sector is also driving up demand for fireproof ceramics, thanks to increased sales of hip replacement implants and dental implants, which provides opportunities for growth for the global fireproof ceramics market.
High maintenance costs to create a hindrance in fireproof ceramic market growth
Fireproof ceramic materials have high thermal conductivity and can withstand extreme temperatures. Fireproof ceramics are widely employed in many end-users such as iron & steel, ceramic & steel, and petrochemical because of these qualities. However, burnt clay is a delicate material. It is easily broken during production, and replacement of this material is, therefore, necessary in the event of any damage. As a result, the high cost of maintenance during the manufacturing of ceramics may stifle the growth of the fireproof ceramic industry.
The global fireproof ceramics market is divided into two main categories, first based on product type, and second, based on application.
By product type, the market is segregated into bulk fiber, blankets, modules & logs, papers, & others. In 2021, the blanket product type category accounted for a large portion of the fireproof ceramics market. Blanket ceramic is ideal for settings when flames are present. These are utilized as insulation in power generating and the petrochemical industries because they are stable at high temperatures.
By application, the market is divided into iron & steel, ceramic & glass, petrochemicals, power generations, aluminum industry, cement & lime industry, ceramic & glass industry, heat treatment industry, & others. In 2021, the iron & steel category dominated the fireproof ceramics market. Refractory clay's fireproof ceramics provide refractory-designed solutions and help the iron & steel industries boost productivity. Because these materials are lightweight and flexible, less labor is required during installation. Fireproof refractory clay is mostly used in the construction of kilns and vessels for material processing such as melting and high-temperature chemical reactions. The need for fireproof ceramics is fast increasing since it is meant to safeguard structural steel that supports high-risk or valuable equipment, ensuring the growth of the iron and steel category in the global market.
North American region to depict significant growth over the forecast period
Due to the increased consumption of fireproof ceramics in developing nations such as India and China, Asia Pacific dominated the global fireproof ceramics market by more than 32% in 2021. Steel production is expected to increase, propelling the market scenario. China is the world's largest steel-producing country, according to the World Steel Association, accounting for 53.3 percent of global steel output in 2019. In this region, rising steel demand is likely to boost the market for fireproof ceramic. The expansion of the fireproof ceramics market is likely to be aided by rising government efforts supporting infrastructure development.
During the forecast period, because of rising productivity in the petrochemical and power generation industries, the market in the North American region is expected to increase significantly. Furthermore, the region's growing ceramic and glass industry is expected to drive industrial growth in this region over the forecasted period.
There are various types of fireproof ceramics available in the market, and different companies cater to different types of demands. Some of the prominent players in the global fireproof ceramics market are Saint-Gobain Ceramics and Plastics Ltd., NGP Industries Limited, Saffil Ltd., Morgan te3chnocal Ceramics, Rodabell Group, Zircar Ceramics Inc., and JIA Inc.
By Product
By Application
FrequentlyAsked Questions
Day by day new technologies is being introduced in the market in the field of electronics, and robotics that will cause a growth in the global fireproof ceramics market. Another factor contributing to it is the growth of the iron and steel industry in the Asia Pacific region.
According to Zion Market Research, the fireproof ceramics market is predicted to grow to USD 8.8 billion by 2028, up from USD 6.59 billion in 2021 at a CAGR of 12.31 percent over the forecast period.
Asia Pacific region is the current leading region in the global fireproof ceramics market, and North America is expected to grow in the forecast period.
Some of the prominent players in the global fireproof ceramics market are Saint-Gobain Ceramics and Plastics Ltd., NGP Industries Limited, Saffil Ltd., Morgan te3chnocal Ceramics, Rodabell Group, Zircar Ceramics Inc., and JIA Inc.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed