Thermal Ceramics Market to cross USD 10.08 Billion by 2032, Says Global Market Insights inc.
Thermal Ceramics Industry size is expected to register 7.8% CAGR between 2024 and 2032 propelled by rising focus on energy efficiency.
Selbyville, Delaware , Sept. 02, 2024 (GLOBE NEWSWIRE) — Thermal Ceramics Market value could reach USD 10.08 billion by 2032, as per a
Europe to Lead the Market with Strong Industrial Growth
Europe thermal ceramics market will register a notable market CAGR from 2023 to 2032, driven by the region’s strong industrial base and increasing investments in energy-efficient technologies. Key countries such as Germany, the United Kingdom, and France are leading the adoption of thermal ceramics, supported by stringent regulations aimed at reducing energy consumption and greenhouse gas emissions. The region’s well-established industries, including steel, petrochemicals, and manufacturing, are significant consumers of thermal ceramics, further bolstering market growth.
Thermal Ceramics Market Players
Prominent companies operating in the thermal ceramics industry include, 3M Company, Ibiden Co., Ltd., Isolite Insulating Products Co., Ltd., BNZ Materials Inc., and HarbisonWalker International.
In May 2024, SINTX Technologies, Inc., a leader in advanced ceramic materials and technologies, announced a 5-year strategic partnership with Myosung Co., Ltd. The agreement focuses on identifying and developing potential clients interested in technical ceramic products and services.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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