The report “Cordierite Market by Type (Sintered, Porous), Application (Automotive Parts, Deodorization, Deoxidation Smoke Extraction, Ceramic Kiln, Infrared Radiator, Electrical Insulators, Welding Strip Rings), And Region – Global Forecast to 2028″, is projected to reach USD 3.2 billion by 2028, at a CAGR of 5.1% from USD 2.5 billion in 2023. The major drivers for the cordierite market are growing automotive industry, increasing demand for lightweight materials. The high manufacturing costs, competition from substitute materials, and limited heat resistance are the major restraint in this market. Opportunities for the market include technological advancements in ceramic manufacturing processes and expansion of energy sector.
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• 234 Market data Tables
• 44 Figures
• 242 Pages and in-depth TOC on “Cordierite Market – Global Forecast to 2028”
Some of the prominent key players are:
· DENSO Corporation (Japan)
· Kyocera Corporation (Japan)
· Corning Inc. (US)
· TOTO Ltd. (Japan)
· NGK Insulators (Japan)
· Vesuvius Plc (UK)
· Elementis Plc (UK)
· CoorsTek (US)
· Unifrax (US)
· CeramTec (Germany)