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)
Driver: Growing demand from automotive and industrial sectors
The automotive industry is a major driver for the cordierite market. Cordierite-based products, such as catalytic converters and diesel particulate filters (DPFs), are extensively used in vehicles to reduce emissions and meet regulatory standards. As the global automotive industry continues to expand, particularly in emerging economies, the demand for cordierite-based components is expected to rise.
Cordierite’s unique properties, including low thermal expansion, high thermal shock resistance, and good mechanical strength, make it suitable for various industrial applications. It is widely used in the manufacturing of kiln furniture, which is used to support and hold ceramic ware during firing processes. The expanding ceramics and glass industries, particularly in developing emerging regions, are driving the demand for cordierite-based kiln furniture.
By type, sintered cordierite is estimated to be the fastest-growing segment during the forecast period in the cordierite.
Sintered Cordierite is produced by compacting cordierite powder and firing it at high temperatures to achieve solid-state sintering. This process leads to a dense, non-porous ceramic structure. Sintered cordierite exhibits high mechanical strength, low thermal expansion, and excellent thermal shock resistance. It is known for its stability at high temperatures and good resistance to thermal cycling. This type of cordierite is commonly used in applications where high mechanical strength and thermal stability are required, such as automotive diesel particulate filters (DPFs), catalytic converters, and kiln furniture.
| Asia Pacific is projected to be fastest growing amongst other regions in the cordierite market, in terms of value.
Asia Pacific is projected to be the fastest-growing market for cordierite due to rapid industrialization in recent years, particularly in countries like China, India, and South Korea. This has led to an increase in demand for cordierite, which is used in various applications such as automotive parts, ceramic kiln, and electrical insulators among others. Industries are increasingly using cordierite for high-precision manufacturing processes, research & development, and quality control. |
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