Cordierite Ceramics Market to exhibit significant growth prospects over 2017-2024.

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Cordierite Ceramics Market Price, Trends,
Industry Outlook Forecast 2017-2024
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Global Market Scenario of Cordierite Ceramics
Industry

• 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.
• 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.
• 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.

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• 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.
• 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
• 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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Research Methodology
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Regional Insights

• 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.

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Competitive Insights

• 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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