Global Cordierite Market Size study & Forecast, by Type (Sintered, Porous), by Application (Automotive Parts, Deodorization, Deoxidation Smoke Extraction, Ceramic Kilns, Infrared Radiators, Electric Insulators, Welding Strip Rings, Others) and Regional An

Global Cordierite Market Size study & Forecast, by Type (Sintered, Porous), by Application (Automotive Parts, Deodorization, Deoxidation Smoke Extraction, Ceramic Kilns, Infrared Radiators, Electric Insulators, Welding Strip Rings, Others) and Regional Analysis, 2023-2030


Global Cordierite Market is valued approximately at USD 2.4 billion in 2022 and is anticipated to grow with a growth rate of more than 5.10% over the forecast period 2023-2030. Cordierite is a mineral and ceramic material that exhibits excellent thermal stability, low thermal expansion, and high resistance to thermal shock. It is composed primarily of magnesium, aluminum, and silica, making it a versatile material for various applications. Cordierite is widely used in industries such as automotive, electronics, catalysis, and refractories, due to its exceptional properties, including high-temperature resistance, low density, electrical insulation, and thermal insulation. The driving factors boosting the market growth are growing construction market and rising demand for ceramic filters.

According to Statista, the global construction industry is anticipated to witness consistent revenue growth in the coming years, with projections indicating that it will more than double in size by 2030 compared to its 2020 value. In 2020, the construction market reached a value of USD 6.4 trillion, and it is expected to expand to USD 14.4 trillion by 2030. Another driving factor is rising demand for ceramic filters. Cordierite-based ceramic filters are widely used in various applications, including water filtration, air purification, and molten metal filtration. Moreover, advancements in manufacturing processes and increasing water and air treatment needs is expected to create lucrative opportunities in the market. However, the high manufacturing cost and limited availability of raw materials such as clay, talc and alumina stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Cordierite Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to strong automotive industry, established industrial infrastructure, and growing investments in infrastructure. However, Asia Pacific is expected to be the fastest growing during the forecast period, owing to factors such as rising automotive production, increasing emphasis on environmental sustainability, and increasing focus on energy efficiency. For instance, cordierite-based products, such as heat exchangers and ceramic filters, are vital for energy-efficient systems and clean energy technologies.

Major market player included in this report are:
Denso Corporation
Kyocera Corporation
Elementis plc
Corning Inc.
NGK Insulators
TOTO Ltd.
Vesuvius Plc
United Microelectronics Corporation
Kyocera Corporation
CoorsTek Inc.

Recent Developments in the Market:
In May 2023, Denso Corporation and United Semiconductor Japan Co., Ltd. have established a collaborative partnership to jointly manufacture insulated gate bipolar transistors (IGBTs). This partnership aims to leverage the strengths and expertise of both companies to enhance the production and development of IGBTs, which are crucial components used in various industries such as automotive, industrial equipment, and renewable energy systems.
In April 2023, Kyocera Corporation has revealed its plan to acquire 37 acres of land at the Minami Isahaya Industrial Park in Isahaya City, Nagasaki Prefecture, for the establishment of a new smart factory. This strategic move aims to enhance Kyocera's manufacturing capabilities and meet the growing demand for its innovative products.

Global Cordierite Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Sintered
Porous

By Application:
Automotive Parts
Deodorization, Deoxidation Smoke Extraction
Ceramic Kilns
Infrared Radiators
Electric Insulators
Welding Strip Rings
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Denso Corporation
Kyocera Corporation
Elementis plc
Corning Inc.
NGK Insulators
TOTO Ltd.
Vesuvius Plc
United Microelectronics Corporation
Kyocera Corporation
CoorsTek Inc.

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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Cordierite Market, by region, 2020-2030 (USD Billion)
1.2.2. Cordierite Market, by Type, 2020-2030 (USD Billion)
1.2.3. Cordierite Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cordierite Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cordierite Market Dynamics
3.1. Cordierite Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Growing construction market
3.1.1.2. Rising demand for Ceramic filters
3.1.2. Market Challenges
3.1.2.1. High manufacturing costs
3.1.2.2. Limited availability of raw materials
3.1.3. Market Opportunities
3.1.3.1. Advancements in Manufacturing processes
3.1.3.2. Increasing water and air treatment needs
Chapter 4. Global Cordierite Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Cordierite Market, by Type
5.1. Market Snapshot
5.2. Global Cordierite Market by Type, Performance - Potential Analysis
5.3. Global Cordierite Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Cordierite Market, Sub Segment Analysis
5.4.1. Sintered
5.4.2. Porous
Chapter 6. Global Cordierite Market, by Application
6.1. Market Snapshot
6.2. Global Cordierite Market by Application, Performance - Potential Analysis
6.3. Global Cordierite Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Cordierite Market, Sub Segment Analysis
6.4.1. Automotive Parts
6.4.2. Deodorization, Deoxidation Smoke Extraction
6.4.3. Ceramic Kilns
6.4.4. Infrared Radiators
6.4.5. Electric Insulators
6.4.6. Welding Strip Rings
6.4.7. Others
Chapter 7. Global Cordierite Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Cordierite Market, Regional Market Snapshot
7.4. North America Cordierite Market
7.4.1. U.S. Cordierite Market
7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Cordierite Market
7.5. Europe Cordierite Market Snapshot
7.5.1. U.K. Cordierite Market
7.5.2. Germany Cordierite Market
7.5.3. France Cordierite Market
7.5.4. Spain Cordierite Market
7.5.5. Italy Cordierite Market
7.5.6. Rest of Europe Cordierite Market
7.6. Asia-Pacific Cordierite Market Snapshot
7.6.1. China Cordierite Market
7.6.2. India Cordierite Market
7.6.3. Japan Cordierite Market
7.6.4. Australia Cordierite Market
7.6.5. South Korea Cordierite Market
7.6.6. Rest of Asia Pacific Cordierite Market
7.7. Latin America Cordierite Market Snapshot
7.7.1. Brazil Cordierite Market
7.7.2. Mexico Cordierite Market
7.8. Middle East & Africa Cordierite Market
7.8.1. Saudi Arabia Cordierite Market
7.8.2. South Africa Cordierite Market
7.8.3. Rest of Middle East & Africa Cordierite Market
Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Denso Corporation
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Kyocera Corporation
8.3.3. Elementis plc
8.3.4. Corning Inc.
8.3.5. NGK Insulators
8.3.6. TOTO Ltd.
8.3.7. Vesuvius Plc
8.3.8. United Microelectronics Corporation
8.3.9. Kyocera Corporation
8.3.10. CoorsTek Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
List of Tables and Figures
TABLE 1. Global Cordierite Market, report scope
TABLE 2. Global Cordierite Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Cordierite Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Cordierite Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Cordierite Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Cordierite Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Cordierite Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Cordierite Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Cordierite Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Cordierite Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Cordierite Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Cordierite Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Cordierite Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Cordierite Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Cordierite Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Cordierite Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Cordierite Market
TABLE 70. List of primary sources, used in the study of global Cordierite Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverableList of figures
FIGURE 1. Global Cordierite Market, research methodology
FIGURE 2. Global Cordierite Market, Market estimation techniques
FIGURE 3. Global Market size estimates & forecast methods
FIGURE 4. Global Cordierite Market, key trends 2022
FIGURE 5. Global Cordierite Market, growth prospects 2023-2030
FIGURE 6. Global Cordierite Market, porters 5 force model
FIGURE 7. Global Cordierite Market, pest analysis
FIGURE 8. Global Cordierite Market, value chain analysis
FIGURE 9. Global Cordierite Market by segment, 2020 & 2030 (USD Billion)
FIGURE 10. Global Cordierite Market by segment, 2020 & 2030 (USD Billion)
FIGURE 11. Global Cordierite Market by segment, 2020 & 2030 (USD Billion)
FIGURE 12. Global Cordierite Market by segment, 2020 & 2030 (USD Billion)
FIGURE 13. Global Cordierite Market by segment, 2020 & 2030 (USD Billion)
FIGURE 14. Global Cordierite Market, regional snapshot 2020 & 2030
FIGURE 15. North America Cordierite Market 2020 & 2030 (USD Billion)
FIGURE 16. Europe Cordierite Market 2020 & 2030 (USD Billion)
FIGURE 17. Asia pacific Cordierite Market 2020 & 2030 (USD Billion)
FIGURE 18. Latin America Cordierite Market 2020 & 2030 (USD Billion)
FIGURE 19. Middle East & Africa Cordierite Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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