Cordierite Ceramics Market Research Analysis Report by 2024

Statistics of Cordierite Ceramics Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.

Global Cordierite Ceramics Market size will witness a substantial growth owing to its increase in demand from different applications in furniture, construction, electrical, automotive and coating industry. These have excellent thermal shock resistance that enhances its consumption in kilns and furnaces. It improves resistance towards temperature variation. Ceramic industry shall grow by more than 10% in the forecast period and anticipated to propel cordierite ceramics market share.

These have foam kind structures and its filter has efficiency to remove 99.99% of effluents (finer than 10 µm) from automobile exhaust. Stringent government regulations regarding increasing air pollution will have positive influence on product demand. Numerous countries are adopting regulations for reducing nitrous oxide content and other harmful effluents from engine emissions that shall boost cordierite ceramics market.

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Reasons to Buy This Report:

  1. Cordierite Ceramics Market size & share forecast by product & application 2017-2024
  2. Growth drivers, pitfalls & industry challenges
  3. Key Cordierite Ceramics Market growth opportunities & emerging business models
  4. Competitive benchmarking with market share analysis and company profiles

The differentiating factor of Cordierite Ceramics Market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook.

It is extensively used in refractory as filler to improve strength of seal and reduce thermal contraction. These are preferred over its substitutes namely lithium aluminosilicates owing to high resistivity and low permittivity. It finds application in fast firing that allows temperature variation during cooling cycle. Further, there has been growth in its consumption for fabricating thick films that provides a positive outlook to cordierite ceramics market.

There has been an increase in demand for luxury furniture with development in national economy, rise in customer spending, improved life quality and infrastructural development. Furniture industry has registered a CAGR of over 4% in 2016, that in turn has fuelled its consumption. Additionally, continuous growth in iron and steel industry has supported use of kilns.

Cordierite or iolite are magnesium iron aluminium cyclosilicate with continuous presence of iron and solid solution between magnesium rich and ferrous rich sekaninaite. These are isostructural with beryl and has aluminium distribution in (Si,Al)6O18 rings. It occurs in contact with metamorphism of politic rocks and found commonly in hornfels fabricated by metamorphism of politic rocks. Its manufacturing process aligns the crystals to form ring along one axis.

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Asia Pacific accounts for substantial share in global cordierite ceramics market owing to high demand for kiln furniture. There has been growth in low temperature firing kiln furniture used for fire products namely tableware in countries including Taiwan, South Korea and India.

Europe, led by Germany has moderate share in cordierite ceramics market with use of kiln furniture in automobiles. Further, well established and flourishing automobile industry hosting big players namely Volkswagen and Audi will enhance its utilization over the forecast period.

North America has substantial share with stringent government regulations regarding vehicular emissions and expanding electrical industry. Undergoing research for its utilization in optical industry for IR reflector will enhance its share.

Cordierite ceramics market is relatively consolidated with premium players including Kyocera, Goodfellow, CoorsTek, Trans-Tech and Tianjin Century Electronics. Other key players are STEATIT, Du-Co Ceramics, Elan Technology, IPS, Insaco, E.R. Advanced and Sonya Ceramics.

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