Global Fireproof Ceramics Market: Overview
The global demand for fireproof ceramic tiles is projected to show steady gains not just from conventional application areas such as buildings but also from the consumer electronics industry. Fireproof ceramics, when exposed to a certain temperature, shed their outer layer and take on fire-resistant attributes. Fireproof ceramics can endure volatile temperatures without easily cracking or breaking. Equipped with these attributes, fireproof ceramics lend themselves easily to various applications.
The report finds that the use of fireproof ceramics is expected to show a steady rise in the manufacture of ceramic paper, medical-grade ceramic components, ceramic walls, floor tiles, and in multilayer ceramic capacitors. The report also conducts a comprehensive study of the global fireproof ceramics market based on industrial applications such as explosives, chemicals, and other industries in need of high-end fireproofing. The trend of fireproof ceramic floorings is catching on and is expected to see more takers in the long term, the report finds.
With a meticulous mix of primary and secondary research, the report creates a complete picture of the demand and supply dynamics. The authors of the report have relied on proven research and estimation techniques such as regression, correlation, and weighted average analysis. An analysis of the key industry players and their milestone developments form an important section within this report.
Global Fireproof Ceramics Market: Trends and Opportunities
The most important opportunity that is currently taking shape in the global fireproof ceramics market is the use of multilayer ceramic capacitors (MLCCs) in popular electronics products such as smartphones, memory drives, and wearable gadgets. Fresh demand for fireproof ceramics is also stemming from the medical sector as a result of the rising sales of hip replacement implants and dentistry implants.
However, a factor that could scuttle both volume and revenue growth of the global fireproof ceramics market is their high cost of maintenance. In the event of damage and breakage, replacements of fireproof ceramic components can be an expensive proposition.
Global Fireproof Ceramics Market: Region-wise Outlook
China has a thriving ceramic manufacturing industry and fireproof ceramics constitute a substantial share in it. The country currently stands as the largest producer of fireproof ceramics in the world, trailed in volume only by Ukraine. Other countries that produce fireproof ceramics in large quantities are Italy and India.
The heating up of oil and gas exploration activity in the United States has resulted in a renewed demand for fireproof ceramics here. Marginal but continued investments in the iron and steel industry in Europe will support demand growth for fireproof ceramics in countries such as France and Germany. Overall, Asia Pacific is expected to hold the leading position in the global fireproof ceramics market backed by strong production and demand from India and China.
Global Fireproof Ceramics Market: Key Players
The companies that currently hold a commanding position in the fireproof ceramics market are: Saint-Gobain Ceramics and Plastics Ltd., JIA Inc., Rodabell Group, Zibo Jiuchen Co. Ltd., and Jagdamba Minerals. Short-term partnerships between companies will likely infuse a fresh wave of investments in the global fireproof ceramics market. The focus, in the long term, will continue to remain on enhanced product attributes such as thermal shock resistance, low heat storage, low thermal conductivity, and sound absorption.
Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.