Press release
Ceramic Textiles Market is expected to witness momentous gains during 2019 - 2025
Ceramic Textiles Market
RCF is the most commonly used type of ceramic textile and is likely to grow with prominent growth during the forecast timespan. RCF has excellent insulation and mechanical shock resistance, which makes it suitable for applications in power generation plants and oil & gas refineries.
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Global Ceramic Textiles Market is likely to grow with significant gains during the forecast period owing to rising product demand for heat resistant applications in aerospace and other general manufacturing industries. High ceramic textile demand in the above-mentioned industries is due to its non-brittle refractory characteristics which makes it suitable for high temperature working environments.
Ceramic textile has been gaining prominence as a high performance industrial fabric since past few years. This can be attributed to its excellent insulation properties. Increasing demand for heat resistant and electrical resistive fabrics in factories and workshops in manufacturing plants will be driving product demand over the forecast timeframe.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
o 3M
o Rauschert GmbH
o Newtex Industries
o Inc.
o Mid-Mountain Materials
o Inc.
o Unifrax
o Tecnofilati S.r.l and Morgan Advanced Materials
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As per end-users, ceramic textile market is classified into aerospace & defense, power generation, general manufacturing, packaging, transportation and others. The product is widely used in these end-user industries across boiler gaskets, IR (Infrared Rays) diffusers, pipe hanger insulation, wrapping materials, furnace zone separators, fuel line insulation and high pressure flange covers.
Industries where there is high risk of fire and related chemical hazards have high demand for lightweight and high temperature resistant fabrics. Ceramic textile is ideal for these applications and work environments in manufacturing plants. Hence, these industries will be accelerating product demand from 2019 to 2025.
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Asia Pacific led the global ceramic textiles market in 2018 in terms of volume and value. The region is likely to grow with prominent gains during the forecast period owing to the increasing industrialization in countries including India, Indonesia, Malaysia, Thailand, South Korea and China. Additionally, defense sector has been growing consistently in Asian countries on account of increased government spending in each of the Asian nations. This will be positively influencing product demand in ballistic applications and defense aircrafts over the forecast duration.
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