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Ceramic Textile Market Overview, Segment Analysis, Growth Opportunities and Forecast to 2023
Ceramic Textile Market, Ceramic Textile, Ceramic Textile Market Size, Ceramic Textile Market Trends, Ceramic Textile Market Growth
On the basis of end-use industry, the global market has been segmented into industrial and transportation. The industrial end-use industry is the segment growing at a higher pace, due to increasing demand for petrochemical, steel, and aluminum from end-use industries. Additionally, growing demand for end products from industries such as aluminum, iron and steel, and petrochemicals is further bolstering the production of ceramic fibers.
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Ceramic Textile Market has been segmented into cloth, ropes, tapes, sleeving and braids. The market is expected to showcase positive growth on account of its reliability in terms of contaminating heat in high temperature applications. Developing application in industries such as aerospace and alternative energy is expected to strengthen the ceramic textile market. Ceramic fibers are used in various industrial applications, such as gaskets and insulation.
By foam, ceramic cloth has been the largest market due to its wide applications in welding foundry works, aluminum and steel mills, boiler insulation and seal, shipyards, refineries, power plants, and chemical plants. Braids is expected to be the fastest growing segment in the global market, since braids have maximum resistance to mechanical abuse, superior strength, and minimal unraveling.
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Geographically, the ceramic textile market has been segmented into Asia-Pacific, Europe, North America and Rest of the World. The Asia-Pacific region is the fastest growing market for ceramic textiles, due to increasing infrastructural growth and industrialization in the region.
The key players operating in the global ceramic textile market include Ibiden Co. Ltd., Luyang Energy-Saving Materials Co., Ltd., Isolite Insulating Products Co., Ltd., Kyocera Corporation, Mineral Seal Corporation, Morgan Advanced Materials Corporation, Rath Inc.
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