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Ceramic Fiber Market Worldwide Analysis Includes Size, Sales, Comparison by Type, Revenue and Growth Till 2023
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Ceramic fiber can be defined as a refractory material or substance with great heat resistance. It is made of aluminum silicate, which is mainly composed of polycrystalline fibers and molten glass. The material facilitates easy application and demonstrates excellent insulation properties.
Based on product form, the ceramic fiber market is categorized into blanket, module, board, paper, and others. The module category is expected to witness significant market growth in the coming years on account of the versatility and functionality of the material at a wide range of temperatures.
Based on type, the ceramic fiber market is categorized into refractory ceramic fiber (RCF), alkaline earth silicate (AES) wool, and others. The market for AES wool is witnessing significant growth owing to the low bio-persistence and numerous heat insulation applications of the material.
Based on end user, the ceramic fiber market is categorized into energy and power; iron and steel; refining and petrochemical; textile; paper and pulp; and others. The refining and petrochemical industry is anticipated to boost the market growth in the coming years, owing to the wide usage of the material in fluid catalytic cracking units (FCCUs), boilers, and fired heaters, for meeting energy requirements.
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Some of the major players operating in the global ceramic fiber market are Morgan Advanced Materials plc, Unifrax I LLC, Luyang Energy-Saving Materials Co. Ltd., Ibiden Co. Ltd., HarbisonWalker International, Isolite Insulating Products Co. Ltd., NUTEC Group, Yeso Insulating Products Co. Ltd., Rath AG, FibreCast Inc., and Double Egret Thermal Insulation Co. Ltd.
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