Thermal Ceramics Market size was over USD 5.61 billion in 2024 and is projected to reach USD 15.07 billion by 2037, witnessing around 7.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of thermal ceramics is evaluated at USD 5.96 billion.
The market is growing due to the increasing demand for energy across the globe. For instance, the Asia-Pacific region has the largest primary energy consumption of any region. With a population of more than one billion people and a rapidly expanding economy, China is currently the world's greatest main energy consumer. Also, the world's electricity consumption has steadily increased during the last half-century, reaching around 25,500 terawatt-hours in 2022.
In addition, the rise in demand for non-metallic materials is thought to be a driving force behind the market's expansion. Because of their chemical stability, non-metallic raw materials serve as good electrical component insulators and are predicted to increase demand for thermal ceramics.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
7.9% |
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Base Year Market Size (2024) |
USD 5.61 billion |
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Forecast Year Market Size (2037) |
USD 15.07 billion |
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Regional Scope |
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Type (Ceramic Fabrics, Insulation Bricks)
In thermal ceramics market, ceramic fabrics segment is poised to capture over 57% share by 2037. Ceramic fiber fabric, which is made of materials with excellent strength, low heat conductivity, outstanding heat insulation performance, and stability at high temperatures, is one example of refractory materials with high melting temperatures.
Ceramic fibers, which are also utilized in the production of continuous-fiber-reinforced composite materials such as metal matrix composites (MMCs), polymer matrix composites (PMCs), and ceramic matrix composites (CMCs), satisfy the strictest requirements for thermal, mechanical, and electrical performance. Because of its large porosity, low thermal mass, and low heat storage, insulation bricks are primarily used to stop heat loss and retain heat. For instance, bricks having a porosity of above 40%, known as high-porosity bricks, are utilized as insulation.
Industry Vertical (Mining and Metal Processing, Chemicals and Petrochemicals, Construction, Manufacturing, Power Generation, Aerospace)
In thermal ceramics market, mining and metal processing segment is estimated to dominate around 35% revenue share by the end of 2037. Due to its special properties, such as improved process security and longer service lives, thermal ceramics are becoming more and more in demand in the creation and processing of metals, in industrial equipment, and furnaces, which is responsible for the segment's rise. Because they offer superior temperature tolerance, resistance to thermal shock, thermal insulation, and temperature expansion, advanced technical ceramics are commonly used to replace metals in heaters and furnaces, which are then used in the metal processing industry.
Thermal ceramics are required for kilns, furnaces, and other high-temperature insulation applications due to a significant rise in metal production. They are also utilized in casting nozzle covers, secondary insulation for reheating furnaces, hot-face lining for heat treatment furnaces, and annealing furnace cover seals. These applications for thermal ceramics promote market expansion.
Our in-depth analysis of the global thermal ceramics market includes the following segments:
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Type |
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Temperature Range |
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Industry Vertical |
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APAC Market Statistics
By the end of 2037, Asia Pacific region is expected to dominate around 36% thermal ceramics market share. The market growth in the region is also expected on account of increasing production of chemicals. Due to strong domestic demand, growing exports, and the most lucrative category being specialty chemicals, India's chemicals industry has surpassed others globally in terms of demand growth.
The chemical industry is a significant contributor to the Indian economy. It is highly varied, manufacturing about 80,000 commercial products, and is a leading manufacturer of intermediates, paints, dyestuffs, pesticides, fertilizers, and basic organic compounds, among other products. For instance, in 2021 the country generated about 29 million metric tons of basic primary chemicals and petrochemicals. Furthermore, the nation's economic growth is driven by the infrastructure that India has jointly created and is supported by increased government investment and development initiatives.
North America Market Analysis
The North America region will also experience huge expansion for the thermal ceramics market during the forecast period and will hold the second position owing to the increased need for boilers. In addition to this, the region's growth can be attributed to the refractory industry in the United States, which has grown rapidly due to the presence of large corporations.
The aircraft industry uses thermal ceramics extensively because of their remarkable resistance to high temperatures. They can accomplish this while still fulfilling the rigorous weight, temperature, and performance specifications of spacecraft. This is one of the main factors driving the growth of the North American market, along with the governments of that region investing more in space exploration.
Author Credits: Rajrani Baghel
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