Fireproof Ceramics Market Size, Share & Trends Report

Fireproof Ceramics Market Size, Share & Trends Analysis Report By End Use (Ceramics & Glass, Aluminum), By Product (Blanket, Module), By Region, And Segment Forecasts, 2015 - 2022

  • Published Date: Apr, 2016
  • Base Year for Estimate: 2014
  • Report ID: 978-1-68038-793-3
  • Format: Electronic (PDF)
  • Historical Data: 2012 - 2013
  • Number of Pages: 80

Industry Insights 

The global fireproof ceramics market size was valued at USD 2.9 billion in 2014 and is expected to witness significant growth. The market is driven by rising demand for fireproof ceramics from the petrochemical and ceramic industries. Furthermore, growth of the iron and steel, glass, aluminum, and power generation industries is expected to benefit market expansion over the forecast period.

Increasing focus on the development of the manufacturing sectors from emerging economies is likely to propel industry growth over the projected period. Fireproof ceramics primarily consist of alumina and silica that exhibits low thermal conductivity. As a result, they have gained popularity in high-temperature insulation and protection applications.

U.S. fireproof ceramics market

The market in U.S. is anticipated to witness significant growth in the projected period owing to increasing productivity in the petrochemical and power generation industries. Moreover, growth of the ceramic and glass industry in the region is likely to propel industry growth over the projected period.

Presence of stringent environmental regulations has compelled industry players to focus on R&D activities in order to launch new products, which comply with guidelines set by different regulatory bodies. Usage of graphite in refractories is in the introduction stage and thus demand is niche, which could prove to be a breakthrough technology in the next few years.

Economies including China and India are expected to dominate the fireproof ceramics market owing to increasing consumption in various applications and new steel projects. China dominated the steel production in 2014 and is anticipated to maintain its lead in the forecast period, thus making it a key market for the product.

Integrations and new product launches by key players are expected to stimulate industry expansion over the forecast period. In addition, exceptional features offered by these products including low thermal conductivity, low heat storage, high tensile strength, thermal shock resistance, and sound absorption are expected to drive the industry during the forecast period.

Product Insights

Fireproof ceramic blankets are used for insulation in high-temperature applications. These products accounted for 31.5% share of the overall revenue in 2014. They find applications in insulation, sealing, and other high-temperature applications. These products possess characteristics such as low thermal conductivity, heat storage, and corrosion resistance.

Ceramic fiber blanket is produced from kaolin, a naturally occurring alumina-silica fire clay. These blankets are majorly used in the metal industry where the operating temperatures are over 1400°C. Rising awareness regarding workers safety in the production area has led to an increase in the production of ceramic fiber blankets, thereby fueling the product demand.

Fireproof ceramic fiber modules are consumed in almost all the key industries including iron and steel, aluminum, and glass. Modules are used in transfer ladle lids, soaking pit covers, and reheating furnaces. The product segment is expected to register a CAGR of 10.9% over the forecast period.

Fireproof ceramic paper possesses characteristics including low heat storage, low thermal conductivity, as well as fire and shock resistance, thus are utilized for sealing and insulation in high-temperature applications. In addition, insulation in aircraft and wrapping of high-temperature pipes and metal castings are performed with these fireproof ceramic materials.

End-use Insights

The ceramic and glass industry accounted for 20.1% share of the overall revenue in 2014. The product is used in kilns and kiln cars that are made from spun brick. Growing demand for sanitary ware, dinnerware, and tiles is expected to drive the segment. Moreover, growing demand for glass containers, flat glass, and other glass products is expected to fuel the segment growth.

The aluminum industry is estimated to reach USD 574.8 million in the coming years. The industry consumes ceramic fibers in the form of blankets, modules, and papers for various insulating and wrapping applications. Growing application scope of these fibers in die-cast and foundry, primary smelting, secondary melting, and carbon-baking applications is anticipated to support the segment growth in the forecast period.

Global fireproof ceramics market

Rising demand for aluminum in the aviation, marine, and automobile sectors is expected to fuel growth in the projected period. Growth of the automobile manufacturing sector across the globe is likely to propel the demand for aluminum, thereby supporting the market growth.

Increasing investments in power generation activities to meet rising consumer demand are expected to have a positive impact on the industry growth. These fireproof ceramics are utilized for insulation in the power plants and wearables that provide safety at the workplace. Increasing power generation activities in major regions across the globe are likely to support the product demand.

Regional Insights

Asia Pacific was the largest regional market, accounting for a revenue share of 37.7% in 2014. Growing use of ceramic fibers owing to their characteristics such as lightweight, high thermal conductivity, thermal shock resistance, high-temperature stability, and high chemical resistance is expected to drive the regional market over the projected period.

The U.S. market was valued at USD 445.7 million in 2014 and is expected to witness significant growth over the forecast period on account of growth of the power generation and petrochemical sectors. Increasing number of technically recoverable shale gas deposits has led to rising demand for fireproof ceramic materials.

The Europe market is primarily driven by the ceramic and glass refractory as well as iron and steel industry that have witnessed an upscale production in the past few years. The regional market is anticipated to expand at a CAGR of 8.8% over the forecast period, wherein Germany and France are likely to be the major markets.

Rise in demand for fireproof insulation materials from the manufacturing industries of Central and South America is anticipated to support the product demand. Mature manufacturing sector, coupled with penetration of multinational producers in the region, is projected to have a positive impact on the regional product demand.

Fireproof Ceramics Market Share Insights

The global industry is competitive in nature due to presence of major companies involved in continuous product innovation and R&D activities. Key players operating in the market include Morgan Thermal Ceramics; Zircar Ceramics; Skamol A/S; Ibiden Co., Ltd.; Unifrax Corp.; Isolite Insulation Products Ltd.; and Rath Inc.

The industry is characterized by new product launches and product exhibitions, as the industry participants are trying to expand their customer base across the globe. For instance, in October 2015, Morgan launched Superwool Sealcoat HT, primarily used as a liner in emergency repairs and backup insulation to patching, thereby giving a competitive advantage to the company over other products.

Report Scope

Attribute

Details

Base year for estimation

2014

Actual estimates/Historical data

2012 - 2013

Forecast period

2015 - 2022

Market representation                                

Revenue in USD Million and CAGR from 2015 to 2022

Regional scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Country scope

U.S., Germany, France, China, India, and Brazil

Report coverage      

Revenue forecast, company share, competitive landscape, and growth factors and trends

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