The According to a market research report, the 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.
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242 Pages and in-depth TOC on “Cordierite Market – Global Forecast to 2028”.
Cordierite is a commonly used material in automotive parts due to its excellent thermal properties and low thermal expansion coefficient. It is predominantly used in catalytic converters and diesel particulate filters (DPF) in the automotive industry. Cordierite offers several advantages that contribute to its market growth. It has excellent thermal stability, a low thermal expansion coefficient, and high resistance to thermal shock. These properties make it ideal for applications requiring high-temperature resistance, such as catalytic converters and DPFs. In addition, cordierite is cost-effective compared to alternative materials, which further drives its adoption in the market.
This report also provides a comprehensive analysis of the companies listed below:
The key players in the cordierite market include DENSO Corporation (Japan), Kyocera Corporation (Japan), Corning Inc. (US), TOTO Ltd. (Japan), NGK Insulators (Japan), Vesuvius Plc (UK), Elementis Plc (UK), CoorsTek (US), Unifrax (
Recent Developments in Cordierite Market Industry
- In May 2023, Denso Corporation, a prominent supplier in the mobility industry, and United Semiconductor Japan Co., Ltd., a subsidiary of global semiconductor foundry United Microelectronics Corporation, have recently entered a collaborative partnership. The objective of this collaboration is to manufacture insulated gate bipolar transistors (IGBT). These IGBTs have commenced mass production at the 300mm fabrication facility of United Semiconductor Japan Co., Ltd.
- In April 2023, Kyocera Corporation has recently announced its plans to acquire approximately 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 is in response to the increasing demand for components in the electronics industry. The new factory will be designed to manufacture fine ceramic components utilized in semiconductor-related applications, along with semiconductor packages. Kyocera aims to commence production at the facility in 2026, further strengthening its position in the semiconductor industry.
- In January 2022, Exeger, a Swedish industrial company, has entered a strategic partnership with NGK Insulators, Ltd. This collaboration aims to facilitate the expansion of both companies into new sectors and target additional markets. By combining their expertise, Exeger and NGK will offer manufacturers innovative low-power solutions and devices that boast extended or even infinite battery life. This partnership sets the stage for exciting advancements in the field of sustainable and long-lasting battery technologies.
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DENSO CORPORATION – Denso Corporation, headquartered in Kariya, Aichi, Japan, is a multinational automotive supplier with a strong global presence. The company was founded in 1949 as a division of Toyota Motor Corporation and became an independent company in 1949. Denso has since grown into one of the largest automotive component manufacturers worldwide. Denso offers a diverse range of automotive technology and components, including powertrain systems, thermal systems, electronic systems, and information and safety systems. Within these product categories, Denso incorporates cordierite-based components such as catalytic converters and diesel particulate filters (DPFs) that help reduce emissions in vehicles.
In May 2023, Denso Corporation, a prominent supplier in the mobility industry, and United Semiconductor Japan Co., Ltd., a subsidiary of global semiconductor foundry United Microelectronics Corporation recently entered a collaborative partnership. This collaboration aims to manufacture insulated gate bipolar transistors (IGBT). These IGBTs have commenced mass production at the 300mm fabrication facility of United Semiconductor Japan Co., Ltd.
KYOCERA – Kyocera Corporation is a Japanese multinational company headquartered in Kyoto, Japan. It was founded in 1959 and has since grown into a diversified technology company with a global presence. Kyocera operates through a wide range of business segments, including Fine Ceramic Components, Semiconductor Components, Applied Ceramic Products, Electronic Devices, Telecommunications Equipment, and Document Solutions. In July 1969, Kyocera International, Inc. was established as a sales company operating under Kyocera Corporation. In the field of advanced ceramics, Kyocera is known for its expertise and innovation. The company develops and manufactures a variety of advanced ceramic products, including cordierite ceramics. Cordierite ceramics, with their excellent thermal resistance, low thermal expansion, and good electrical insulation properties, find applications in various industries such as automotive, electronics, energy, and more. In March 2023, Kyocera Corporation acquired a prominent manufacturer specializing in inkjet print engines and systems. As part of this agreement, the acquired company will subsequently operate under the name Kyocera Nixka Inkjet Systems S.A.S., with Kyocera assuming full ownership.
Asia Pacific is projected to emerge as the largest market for cordierite. Cordierite is a versatile ceramic material with various applications, including automotive exhaust systems, catalyst supports, and high-temperature kiln furniture. The region’s growing industries and increasing demand for cordierite-based products are expected to drive its market dominance in the Asia Pacific. Factors such as rapid industrialization, urbanization, and infrastructure development in countries like China, India, and Southeast Asian nations contribute to the rising demand for cordierite in the region.
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