Global Mullite Market Overview:
Mullite is a rare aluminium silicate mineral that forms when aluminosilicate raw materials are fired. It is a major component of ceramic whiteware, porcelains, and high-temperature insulating and refractory materials. Although mullite is a natural mineral, it is incredibly difficult to find it in nature. Synthetic mullites are made by melting or ‘calcining' alumino-silicates such kaolin, clays, and, less commonly, andalusite or fine silica and alumina to high temperatures. Physical properties of mullite include good creep resistance, low thermal expansion, good chemical stability, low thermal conductivity. The Asia Pacific is the largest market for mullite followed by North America.
- Need Of Mullite in Refractories
- Demand Of Mullite Ceramics in High-Temperature Applications
- Negative Impact on The Demand of Mullite Due to Covid-19 Pandemic
- Rise Of Steel Industry Will Boost the Demand of Mullite
- Emerging Demand of Mullite from Developing Economies
- Mullite Has High Sintering Temperatures
Some of the key players profiled in the report are Imerys (France), Kyocera (Japan), Chase Mining Corporation (Australia), Washington Mills (United States), Kyanite Mining (United States), CoorsTek (United States), Tianjin Century Electronics (China), Engineered Ceramics (United States), Carborundum Universal Limited (India) and Monofrax LLC (United States). Considering Market by Industry Verticals, the sub-segment i.e. Steel Industry will boost the Mullite market. Considering Market by Sales Channel, the sub-segment i.e. Direct will boost the Mullite market.
Latest Market Insights:
On 1st Dec 2020, Imerys a leading player in the mullite market announced the acquisition of a majority stake of 60%, with options to purchase the remainder, of the Haznedar group, a Turkish-based, high-grade refractory monolithic and bricks manufacturer, serving the iron & steel, cement, and petrochemical industries. This business generated USD 64 million in revenue in 2019.
In May 2021, Topfibre Pty Ltd, a subsidiary of Chase Mining Corporation, has completed a collaborative topaz research project with the University of New South Wales (UNSW), and the company has decided to seek a financial or commercial partner to advance its proof-of-concept outcomes with the best commercial application potential. Because single-crystal mullite is the most sought-after fibrous additive but is not commercially accessible, CML anticipates rapid interest from laboratories and firms that serve the aviation and military industries.
What Can be Explored with the Mullite Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Mullite Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Mullite
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mullite market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Mullite market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Mullite Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Mullite Market?
The Mullite market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Mullite Market?
Top performing companies in the Global Mullite market are Imerys (France), Kyocera (Japan), Chase Mining Corporation (Australia), Washington Mills (United States), Kyanite Mining (United States), CoorsTek (United States), Tianjin Century Electronics (China), Engineered Ceramics (United States), Carborundum Universal Limited (India) and Monofrax LLC (United States), to name a few.
3. What trending factors would impact Mullite Market growth most?
"Increasing Research to Find the Efficient Way to Manufacture Mullite" is seen as one of major influencing trends for Mullite Market during projected period 2020-2026.