.webp)
In 2022, the market for ceramic sleeving was worth USD 314.5 million. Business Research Insights analysis indicates that by 2028, the market would reach USD 871.8 million. The market's growth and demand returning to pre-pandemic levels when the pandemic is finished is what caused the abrupt increase in CAGR. Among the essential elements of optical communications are ceramic sleeves. China now produces around 90% of the world's ceramic sleeves, surpassing Japan as the leading manufacturer. The sleeves industry has developed into a key regional force with large production.
COVID-19 slowed Down Product Demand; here’s Why
Increasingly more people are using ceramic sleeves because of their excellent mechanical characteristics. Reduced optical loss, improved durability, and higher dependability are just a few benefits of ceramic. The market size for ceramic sleeving will increase throughout the projected period because of the aerospace industry's rising expenditure in the creation of cutting-edge tools and materials. Ceramic sleeving is one of the most significant market segments. The COVID-19 outbreak caused a number of setbacks for it in 2020. High-speed internet connections employ fibre optic cables that are connected and aligned using ceramic sleeves. Another area that has suffered is the building industry, a significant market for ceramics.
Business Research Insights Presents the Top 5 Ceramic Sleeving Manufacturing Companies Globally
1. Morgan Thermal ceramics (U.K.)
The Patent Plumbago Crucible Company was established by the Morgan brothers in 1856. The company's inclusion of graphite (plumbago) in the clay mixture resulted in a crucible that melted metal more quickly and held its shape longer than anything else at the time that was readily available in Europe.
The company's name was changed to The Morgan Crucible Company in 1881. developed a large range of extremely specialised items that took use of carbon's characteristics. The Morgan Group had 200 enterprises by the early 1990s, spread across 80 nations, and was well-equipped in the fields of technical ceramics, carbon, and composites.
2. Unifrax Ltd (U.S.)
Inorganic materials and high-performance specialised fibres used in industrial, automotive, and fire protection applications are produced by Unifrax, a world leader in these fields. Our dedication to producing high-quality goods that assist our clients in conserving energy, cutting pollution, and enhancing fire safety forms the foundation of our purpose, mission, and values.
The largest manufacturer of high-temperature speciality materials is Unifrax. The business has sales operations in all significant industrial areas and 37 production locations spread across 12 nations. More than 2,700 people work for Unifrax globally, and the company's corporate headquarters are in Buffalo, New York.
3. Shandong Luyang Share Co. Ltd (China)
A Chinese business named LUYANG Energy-Saving Materials Co., Ltd. specialises in the development, manufacture, and marketing of energy-saving materials such ceramic fibre, soluble fibre, basalt fibre, and light mullite brick. The products of the company are extensively employed in the thermal insulation, fireproofing insulation, and industrial lining industries. The Company furthermore offers construction services. The business sells its goods to both domestic and international markets.
4. Isolite Insulating Products Co., Ltd. (Japan)
A Japanese firm called Isolite specialises in producing and selling high-temperature fireproof insulating materials. We are working to create a ceramic porosification process for insulating materials that can withstand temperatures of more than 1000°C. These materials are crucial for composite materials, environmental preservation, and energy and catastrophe avoidance. In the steel, petrochemical, and ceramics sectors, high-temperature insulation wool materials are frequently utilised because of their superior insulating qualities, light weight, and low heat storage. Our engineering division develops and puts into practise workable ways to accomplish energy saving in any kind of industrial furnace.
5. Hon Hai Precision Industry Co., Ltd. (China)
The biggest producer of electronics in the world is Hon Hai Technology Group (Foxconn), which was founded in Taiwan in 1974. As the top provider of technical solutions, Foxconn constantly uses its knowledge of hardware and software to merge its distinctive production techniques with cutting-edge technology. The Group has increased the scope of its expertise to include robotics, digital health, and the development of electric cars.
Increased Construction Activity Will Promote Market Expansion
The expanding construction sector throughout the world is boosting the need for ceramic sleeving. Residential construction makes up a greater portion of the market with both new house building and replacement and rehabilitation construction. Due to the ongoing COVID-19 outbreak, the construction industry is facing a number of challenges, including a lack of investment and late project completion.