Market Overview:
The global cordierite market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cordierite from various applications, such as automotive parts, deodorization, deoxidation & smoke extraction, ceramic kiln, infrared radiator, electrical insulators and welding strips & rings. In addition, the growing demand for cordierite in Asia Pacific is also contributing to the growth of the global cordierite market.
Product Definition:
A silicate mineral, cordierite is a member of the amphibole group. It is an important industrial mineral, used to make refractory bricks and other products that must withstand high temperatures.
Sintered Cordierite:
Sintered cordierite is a mineral, which has an appearance similar to glass beads. It is available in various sizes and shapes and can be used as fillers in paints & coatings, plastics & rubber products or even for making jewelry. Sintered cordierite has better mechanical properties than sintered glass beads owing to which it is extensively used by manufacturers of adhesives, sealants and coating resins.
Porous Cordierite:
Porous cordierite is a naturally occurring mineral, which has been used as an abrasive material in the production of sandpaper. It is also known as wood flour or woden stone. Porous cordierite occurs in several varieties, including monoclinic and orthoclase (both are opaque), with the majority of commercially available material being triclinic crystals with a transparent base.
Application Insights:
Automotive parts was the largest application segment in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The product has excellent heat resistance, strength, and durability which makes it suitable for manufacturing automotive parts including engine block, transmission case, fuel system components and others. Cordierite products are used as insulators in electrical equipment such as motors/generators along with other applications such as fire-proofing materials for buildings & industrial structures.
The household appliances segment is expected to witness significant growth during the forecast period on account of increasing demand from Asia Pacific region where cordierite products are used extensively in refrigerators & air conditioners owing to its properties such as high efficiency (HE) at low temperatures coupled with good insulation properties that prevent heat transfer from one side to another thereby maintaining temperature inside appliance compartment.
Regional Analysis:
Asia Pacific dominated the global cordierite market in 2017. The region is expected to witness significant growth over the forecast period owing to rapid industrialization and increasing automotive production in China, India, Japan, and South Korea. In addition, rising construction activities due to growing population are likely to drive demand for ceramic kiln products over the coming years.
The Middle East & Africa is projected to be one of the fastest-growing regional markets from 2018 until 2030 owing to high oil & gas exploration activities in Saudi Arabia and UAE as well as other countries across Africa. This has led major industry players such as Total SA; Eni SPA; Shell Oil Company; ExxonMobil Corporation; BP plc.; Royal Dutch Shell Plc.; Kuwait Petroleum Corp.; Agence France-Presse (AFP); National Oil Company of Libya (NOCL) etc., have their operational offices or manufacturing facilities based out of this region which will further boost product demand during the forecast period.
Growth Factors:
- Increasing demand for cordierite from the automotive and aerospace industries as a result of its superior thermal insulation properties.
- Growing popularity of cordierite honeycomb substrates in lightweight and high-performance applications such as wind turbines and electric vehicles.
- Rising demand for cordierite crucibles in the glass industry for manufacturing high-quality optical lenses, windows, and other glass products.
- Increasing use of cordierite filters in air pollution control systems to remove harmful particulates from exhaust gases.
- Growing demand for refractory materials with low thermal expansion coefficient to meet the stringent requirements of advanced semiconductor fabrication processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Cordierite Market Research Report
By Type
Sintered Cordierite, Porous Cordierite
By Application
Automotive Parts, Deodorization, Deoxidation & Smoke Extraction, Ceramic Kiln, Infrared Radiator, Electrical Insulators, Welding Strips & Rings, Others (Household Appliances and Petroleum)
By Companies
CoorsTek, Du-Co, Goodfellow, Kyocera, Sinotrade, Steatit, Tianjin Century, Trans-Tech, CoorsTek
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Cordierite Market Report Segments:
The global Cordierite market is segmented on the basis of:
Types
Sintered Cordierite, Porous Cordierite
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Parts, Deodorization, Deoxidation & Smoke Extraction, Ceramic Kiln, Infrared Radiator, Electrical Insulators, Welding Strips & Rings, Others (Household Appliances and Petroleum)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CoorsTek
- Du-Co
- Goodfellow
- Kyocera
- Sinotrade
- Steatit
- Tianjin Century
- Trans-Tech
- CoorsTek
Highlights of The Cordierite Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sintered Cordierite
- Porous Cordierite
- By Application:
- Automotive Parts
- Deodorization, Deoxidation & Smoke Extraction
- Ceramic Kiln
- Infrared Radiator
- Electrical Insulators
- Welding Strips & Rings
- Others (Household Appliances and Petroleum)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cordierite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cordierite is a rare mineral that is found in the United States, Russia, and other countries. It is a type of quartz. Cordierite has a pink or purple color and can be transparent or translucent.
Some of the major players in the cordierite market are CoorsTek, Du-Co, Goodfellow, Kyocera, Sinotrade, Steatit, Tianjin Century, Trans-Tech, CoorsTek.
The cordierite market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cordierite Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cordierite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cordierite Market - Supply Chain
4.5. Global Cordierite Market Forecast
4.5.1. Cordierite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cordierite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cordierite Market Absolute $ Opportunity
5. Global Cordierite Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cordierite Market Size and Volume Forecast by Type
5.3.1. Sintered Cordierite
5.3.2. Porous Cordierite
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cordierite Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cordierite Market Size and Volume Forecast by Application
6.3.1. Automotive Parts
6.3.2. Deodorization, Deoxidation & Smoke Extraction
6.3.3. Ceramic Kiln
6.3.4. Infrared Radiator
6.3.5. Electrical Insulators
6.3.6. Welding Strips & Rings
6.3.7. Others (Household Appliances and Petroleum)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cordierite Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cordierite Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cordierite Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cordierite Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cordierite Demand Share Forecast, 2019-2029
9. North America Cordierite Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cordierite Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cordierite Market Size and Volume Forecast by Application
9.4.1. Automotive Parts
9.4.2. Deodorization, Deoxidation & Smoke Extraction
9.4.3. Ceramic Kiln
9.4.4. Infrared Radiator
9.4.5. Electrical Insulators
9.4.6. Welding Strips & Rings
9.4.7. Others (Household Appliances and Petroleum)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cordierite Market Size and Volume Forecast by Type
9.7.1. Sintered Cordierite
9.7.2. Porous Cordierite
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cordierite Demand Share Forecast, 2019-2029
10. Latin America Cordierite Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cordierite Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cordierite Market Size and Volume Forecast by Application
10.4.1. Automotive Parts
10.4.2. Deodorization, Deoxidation & Smoke Extraction
10.4.3. Ceramic Kiln
10.4.4. Infrared Radiator
10.4.5. Electrical Insulators
10.4.6. Welding Strips & Rings
10.4.7. Others (Household Appliances and Petroleum)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cordierite Market Size and Volume Forecast by Type
10.7.1. Sintered Cordierite
10.7.2. Porous Cordierite
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cordierite Demand Share Forecast, 2019-2029
11. Europe Cordierite Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cordierite Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cordierite Market Size and Volume Forecast by Application
11.4.1. Automotive Parts
11.4.2. Deodorization, Deoxidation & Smoke Extraction
11.4.3. Ceramic Kiln
11.4.4. Infrared Radiator
11.4.5. Electrical Insulators
11.4.6. Welding Strips & Rings
11.4.7. Others (Household Appliances and Petroleum)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cordierite Market Size and Volume Forecast by Type
11.7.1. Sintered Cordirite
11.7.2. Porous Cordierite
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cordierite Demand Share, 2019-2029
12. Asia Pacific Cordierite Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cordierite Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cordierite Market Size and Volume Forecast by Application
12.4.1. Automotive Parts
12.4.2. Deodorization, Deoxidation & Smoke Extraction
12.4.3. Ceramic Kiln
12.4.4. Infrared Radiator
12.4.5. Electrical Insulators
12.4.6. Welding Strips & Rings
12.4.7. Others (Household Appliances and Petroleum)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cordierite Market Size and Volume Forecast by Type
12.7.1. Sintered Cordierite
12.7.2. Porous Cordierite
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cordierite Demand Share, 2019-2029
13. Middle East & Africa Cordierite Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cordierite Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cordierite Market Size and Volume Forecast by Application
13.4.1. Automotive Parts
13.4.2. Deodorization, Deoxidation & Smoke Extraction
13.4.3. Ceramic Kiln
13.4.4. Infrared Radiator
13.4.5. Electrical Insulators
13.4.6. Welding Strips & Rings
13.4.7. Others (Household Appliances and Petroleum)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cordierite Market Size and Volume Forecast by Type
13.7.1. Sintered Cordierite
13.7.2. Porous Cordierite
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cordierite Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Cordierite Market: Market Share Analysis
14.2. Cordierite Distributors and Customers
14.3. Cordierite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CoorsTek
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Du-Co
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Goodfellow
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kyocera
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sinotrade
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Steatit
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tianjin Century
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Trans-Tech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CoorsTek
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
