Businesses across different industries are striving not only to reopen but also to grow. Business leaders are leveraging the rescue packages from the government to restructure themselves with digital conversions and agile organizational structures. They are taking swift actions to get ready for greater resilience and better productivity in a future where the usual business does not exist. The industry leaders are investing in future technologies to automate facilities and physical processes to comply with social distancing norms.
The industrial sector is transforming towards centralized and automated non-core tasks. The businesses are evaluating and re-aligning service capabilities and network models to adapt with the new normal. To overcome the impact of disrupted supply chain models, the businesses are creating transparent system with help of big data, connected ecosystem and intelligent system. Besides all the organizational level changes, the market players in industrial sector are increasing work safety precautions to fall in line with the social-distancing norms issued by the government.
Ceramic Tubes Market: Overview
Ceramic tubes are applied for applications which require a material having resistance to electrical currents, high temperatures, erosion, and other hazards. Pump systems, furnaces, fuses, degassers, and other components and equipment that operate under demanding conditions generally involve the use of ceramic tubes. These are also resistant to abrasion, compressive forces and tension and thermal shocks in case of sudden temperature changes. All these characteristics make them suitable for electrical and specialized telecommunication applications.
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Ceramic tubes are used as enveloping material in electrical and electronic equipment, such as power grid tubes, capacitors, vacuum interrupters, and thermocouple insulators. Additionally, the ceramic tubes fulfill the demand for hygiene and cleanliness specifications of chemical and mechanical resistance needed in the bathrooms. Development in the sanitary ware division will boost the product requirement in the forecast period.
Electrical non-conductivity of ceramic tubes make them appropriate for using as channels for passing electrical wires. The increasing demand for power transmission and distribution equipment is driving the growth of ceramic tubes market in the electrical and electronic segment.
Ceramic Tubes Market: Dynamics
The ceramic tubes possess abrasion resistance and they can withstand high compressive forces. On the back of these features they are used in residential and commercial buildings for various applications. Increasing construction and infrastructural activities are anticipated to positively influence the global ceramic tubes market.
To fulfil the increasing demand for power from residential and industrial sectors, the governments of emerging countries such as China, India etc. are focusing on investments for the establishment of new power transmission and distribution networks and renewable energy sources. Owing to their extensive applications in the electrical and electronics sectors, the ceramic tube market is expected to witness significant development in the forecast period. Additionally, short product life cycles in these sectors are projected to fuel the growth in demand for ceramic tubes for retrofitting and replacement.
The medical and healthcare segment are witnessing a transition in terms of product development and production methods owing to technology advancements in X-ray machines, CT scan machines, etc. Coherently, propelling the growth in demand for ceramic tubes.
However, increasing energy price in ceramic manufacturing may be considered as major challenge for the ceramic tube market by virtue of instability in the cost of raw materials coupled with short of consistent generation of raw materials.
Ceramic Tubes Market: Segmentation
The global ceramic tubes market can be segmented based on material, product type, by end use industry
On the basis of material, the global ceramic tubes market can be segmented as:
- Silicon Carbide
On the basis of product type, the global ceramic tubes market can be segmented as:
- Single Bore
- Multi Bore
On the basis of end use industry, the global ceramic tubes market can be segmented as:
- Electrical and Electronics
- Vacuum Interrupters
- Power Grid Tubes
- Medical & Healthcare
- X-Ray Tubes
- Insulating Envelopes
- Others (Construction, etc.)
Moreover, these industries are witnessing transition in production methods and product development.
Ceramic Tubes Market: Regional Outlook
The growth in global ceramic tubes market can be attributed to the augmented demand for electrical transmission and distribution equipment and the refurbishment and replacement of existing power infrastructure. North America is expected to have leading share in the global market followed by Europe. The industrial sector in the region have established base which results in stable demand, correspondingly driving the growth of demand for ceramic tubes in the region.
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Industrial sector in Asia Pacific region have been expanding significantly over the recent years. These is owing to strategic developments by market players for improving market presence in the region. Furthermore, emerging economies including China and India have been major markets for end use industries. These factors are expected to fuel the growth of ceramic tubes market in the region over the forecast period.
Ceramic Tubes Market: Key Players
- Kyocera Corporation
- CeramTec GmbH
- CoorsTek, Inc.
- Morgan Advanced Materials
- Carborundum Universal, Ltd.
- NGK Spark Plug Co., Ltd.
- Xiamen Innovacera Advanced Materials Co., Ltd.
- Rauschert GmbH
- Mantec Technical Ceramics
- HP Technical Ceramics