Global Ceramic Fiber Market to Perceive Substantial Growth During 2024

Ceramic fiber is composed of long flexible, interwoven fibers that are manufactured by the process known as ‘spun’ which yields a lightweight, strong, and durable product. These fiber is also known as high-temperature insulation wool (HTIW). These fibers are made of aluminosilicate materials that are controlled with the help of high temperature furnace melting and fiberizing process. The global ceramic fiber market is to progress at a considerable rate during the forecast period, owing to the increasing demand of technologically advanced, lightweight, less toxic, and renewable products in the market.

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Superior properties, growing demand for refractory ceramic fibers, and increasing high-temperature industrial furnace use are the major factors driving the ceramic fiber market growth. Superior properties of this fiber are among the major factors that are helping in driving its demand in the market. Some of the properties includes low thermal conductivity, low heat storage, thermal shock resistance, high tensile strength, easy installation, sound absorption, no binder, no dry out time required, and others. Also, this material can be used with temperature ranges from 1000°F (538°C) to 2600°F (1425°C), resulting in increasing demand for various applications.

The manufacturing of these fibers includes three steps including preparation of bulk, preceramic material to spun; and then spinning the bulk material into a green fiber; and finally heat treating the spun green fiber to convert this into ceramic fiber. The most effective way to lower down the costs of these fibers is to increase the production volume, as all other efforts to reduce fiber cost will have very less impact as compared to increases production volume.

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During the forecast period, Asia-Pacific is anticipated to witness the highest growth in the ceramic fiber market, owing to the growth of various industries such as automotive, construction, manufacturing, and other industries. Along with that, the growing investment in the research and development to encourage the use of less-toxic products in the region are also contributed towards the increasing demand of the product in the region.

Some of the major players operating in the ceramic fiber industry are Unifrax I LLC, Luyang Energy-Saving Materials Co., Ltd., Morgan Advanced Materials Plc, Ibiden Co., Ltd., Fibrecast Inc., Yeso Insulating Products Co. Ltd., Nutec Fibratec, Isolite Insulating Products Co. Ltd., Ceramsource, Inc., Pyrotek Inc., and ADL Insulflex Inc.

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This release was published on openPR.