Global Ceramic Fiber Market is valued approximately USD 1.8 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 9.8% over the forecast period 2019-2026. Ceramic fiber is lightweight insulating product that has low thermal mass and low thermal conductivity made by alumino-silicate materials. These ceramic fibers are used in wide range of industrial commercial applications owing to its high-temperature stability, low thermal conductivity, low heat storage and high thermal shock resistance. The growth of the market is primarily driven by the increasing demand for less toxic solutions by end use industries. Furthermore, increasing demand for high thermal efficiency are further contributing towards market growth. However, stringent regulations pertaining to the sue of carcinogenic materials impedes the growth of the market over the forecast period of 2019-2026.
The regional analysis of global Ceramic Fiber market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is expected to witness steady growth across the world in terms of market share owing to rise in shale gas exploration coupled with growing demand of ceramic fiber from iron& steel and petrochemical industries. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rapid industrialization, growing crude steel production and increasing awareness about environmental protection would create lucrative growth prospects for the Ceramic Fiber market across Asia-Pacific region.
Major market player included in this report are:
Morgan Advanced Materials PLC
Unifrax I LLC
Luyang Energy-Saving Materials Co., Ltd.
Ibiden Co., Ltd.
Harbisonwalker International Inc.
Isolite Insulating Products Co. Ltd.
Nutec Fibratec
Yeso Insulating Products Co. Ltd.
Rath Inc.
Fibrecast Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Refractory Ceramic Fiber (RCF)
Alkaline Earth Silicate (AES) Wool
Others
By Product Form:
Blanket
Module
Board
Paper
Others
By End-Use Industry:
Iron & Steel
Refining & Petrochemical
Power Generation
Aluminium
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Ceramic Fiber Market in Market Study:
Summary: Get latest Market Research Reports on Ceramic Fiber . Industry analysis & Market Report on Ceramic Fiber is a syndicated market report, published as Global Ceramic Fiber Market to reach USD 3.8 billion by 2026. It is complete Research Study and Industry Analysis of Ceramic Fiber market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.