Press release
Global Ceramic Fiber Market In-Depth Analysis To 2025 Profiling: Harbisonwalker International Inc, Isolite Insulating Products Co. Ltd, Nutec Fibratec, Yeso Insulating Products Co. Ltd, Rath Inc, Fibrecast Inc, Double Egret thermal Insulation
Ceramic Fiber Market
Ceramic Fiber is known as High-Temperature Insulation Wool (HTIW) and is generally defined as fibers having high resistance to temperatures above 1000°C. The ceramic fibers are made from high purity aluminosilicate material which are strictly controlled with the help of high temperature furnace melting and fiberizing process. These fibers are white and colourless and are usually in blanket, paper or rope form. The main characteristics of this fiber are that they are lightweighted and have low thermal conductivity and high temperature stability. The main applications of these fibers are in iron & steel, refining & petrochemical and power generation industries. According to an article published by economic times, in the year 2017, the coal-fired power generation has registered a 4.37% growth. the , capacity utilisations of coal-based power plants have increased marginally to 60.06% in the same period. The power companies majorly use ceramic fiber for various application as they have various features like energy saving, heat reduces, environment improvement and economic efficiency. The major players in this market are doing various R&D in the market.
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Market Segmentation: Global Ceramic Fiber Market
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 Geography
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
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Market Analysis: Global Ceramic Fiber Market
The Global Ceramic Fiber Market is expected to reach USD 3.47 billion by 2025, from USD 1.64 billion in 2017 growing at a CAGR of 9.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Drivers:
Increased thermal efficiency as compared to substitutes
Increasing demand from various applications
Market Restraint:
Stringent regulations pertaining to the use of carcinogenic materials
Competitive Landscape: Global Ceramic Fiber Market
The global ceramic fiber market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ceramic fiber market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
The key 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 Inc,
Isolite Insulating Products Co. Ltd,
Nutec Fibratec,
Yeso Insulating Products Co. Ltd,
Rath Inc,
Fibrecast Inc,
Double Egret thermal Insulation,
Promat International Nv,
Pyrotek Inc,
Ceramsource, Inc,
ADL Insulflex Inc,
Lewco Specialty Products, Inc.,
Many more.
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