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Global Ceramic Fiber Market – Segmented by Fiber Type, Product, End User, and Geography (2019 to 2024)

Global Ceramic Fiber Market – Segmented by Fiber Type,

The recent study on the global ceramic fiber market covers in-depth analysis of the market on the basis of type of fiber, product, end-user industry and geography. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2019-2024. According to the report titled “Global Ceramic Fiber Market”, the market is expected to witness decent growth over the forecast period. The report has segmented the global ceramic fiber market by type of fiber (refractory ceramic fiber, polycrystalline wool, and low bio-persistent fiber), product (blanket, board, paper, bulk, module, and others), end-user industry (energy and power, oil and gas, chemical, iron and steel, transportation, and others), and by geography (North America, South America, Europe, Middle East and Africa, and Asia Pacific). Ceramic fiber, white and odorless, is a particular substance that has heat-resistant property. Burgeoning demand for insulating material by various end-user industries is driving the ceramic fiber market growth. Ceramic fiber products are widely used in high-temperature insulation seals and gaskets, protective blankets, curtains, covers, pads, and wrapping, and safety clothing due to its lightweight, low-thermal-conductivity, high-temperature stability, and excellent handling strength. Furthermore, positive growth outlook of automotive sector is providing growth opportunities for the ceramic fiber market to flourish as these fibers are used in the automotive sector to help vehicle designs achieve optimal thermal management and fire protection throughout the engine, control systems, and battery systems. Thus, the market is poised to grow at a good rate over the forecast period.

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Polycrystalline Wool holds a significant share in the market
Polycrystalline Wool holds a significant share in the market as it is widely used in catalytic converters, and diesel particulate filters to reduce exhaust emission and as insulation in industrial high-temperature furnaces for energy conservation.

Blanket holds a significant share in the market
Blanket holds a significant share in the market as ceramic fiber blankets are commonly used in situations where there is direct exposure to flames. It is widely used in oil and gas, and power metallurgy industries as it provides energy saving, environmental improvement, and economic efficiency.

Oil and gas is expected to grow at a substantial rate over the forecast period
Oil and gas is expected to grow at a substantial rate owing to its widespread use in a number of petrochemical applications that includes acoustical insulation, boilers, insulation, hot gas filtration and etc.

North America holds a significant share in the market and is poised to grow at a significant rate
The North America ceramic fiber market holds a significant share in the market owing to manufacturers investing in producing advanced ceramic fibers for service jet engines and land-based gas turbines. For instance, GE Aviation has invested $200 million to produce silicon carbide materials for ceramic matrix composite (CMC) components.

Some of the major players discussed in the reports are Unifrax, DGN Faser Pvt. Ltd., IBIDEN, NUTEC, Morgan Advanced Materials, Sepid Ceramic Fiber Co., FiberCast Inc., and Isolite Insulating Products Co., Ltd.

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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