Global Ceramic Fiber Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global ceramic fiber market in its upcoming report titled, “Global Ceramic Fiber Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global ceramic fiber market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global ceramic fiber market report has been segmented on the basis of product type, application, end user industry, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Ceramic Fiber is manufactured from high purity aluminosilicate material through strictly controlled high temperature furnace melting and fiberizing process. Ceramic fiber is lightweight, strong, and flexible. Ceramic fiber is used for the production of clothes, blankets, ropes, and other products. Ceramic cloths are made using high quality ceramic fibers. It has properties such as low thermal conductivity, shock resistance, corrosion and chemical resistance. Ceramic fiber is commonly used in insulation for high temperature pipes, power plant, thermal reactor, furnace, boilers and ovens, etc.
Increasing demand of ceramic fiber products from various industries such as power generation and textile, owing to its use in very high temperature is a major factor, anticipated to drive the growth of the global ceramic fiber market. Ceramic fiber has insulation properties, good tensile properties, resistance to oil, water vapor making ceramic material height efficient. Growing adoption of ceramic fiber in pharmaceuticals for sealing tubes, protection of pipelines, etc. is another factor, expected to bolster the growth of the global ceramic fiber market. Growing application area of ceramic fiber products also expected to support the growth of the global market over the forecast period.
However, ceramic fiber proven to be weak in the case of tension and easily breakable by hitting with a heavy item, may hamper the adoption and restrain the growth of the global ceramic fiber market. Possible side effects of ceramic fibers which may act as a carcinogenic component and restrain the growth of the global market over the forecast period. Nevertheless, the increasing research and development activities for introduction of advanced ceramic fibers for wide applications can create higher revenue opportunities for major players in the target market.
Asia Pacific accounts for the largest market share in terms of revenue and is expected to witness a high growth over the forecast period. Increasing number of construction activities and rising demand from textile industry are factors, anticipated to bolster the growth of the global ceramic fiber market in the region. North America is expected to account for a second-highest share in the market over the forecast period, followed by Europe. Middle East and Africa, and Latin America are at a nascent stage and expected to register a moderate CAGR over the long run.
Global Ceramic Fiber Market Segmentation:
Segmentation by Product Type:
- Refractory Ceramic Fiber (RCF)
- Alkaline Earth Silicate (AES)
- Others (Polycrystalline Alumina Fibers, Aluminum Silicate Fiber, etc.)
Segmentation by Application:
- Others (Tape, Rope, Board)
Segmentation by End User Industry:
- Iron and Steel
- Power Generation
- Refining and petrochemical
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Morgan Advanced Materials plc
- Unifrax I LLC
- Luyang Energy-saving Materials Co.,Ltd.
- biden Co., Ltd.
- HarbisonWalker International, Inc.
- Isolite Insulating Products Co., Ltd.
- Nutec Fibratec, S.A.
- YESO Insulating Product Co., Ltd.
- Rath Inc.
- Fibercast Corporation
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