Ceramic Fiber Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Ceramic Fiber Market Size

The global Ceramic Fiber revenue was US$ 2269 million in 2022 and is forecast to a readjusted size of US$ 2975.3 million by 2029 with a CAGR of 3.9% during the forecast period (2023-2029).

Global Ceramic Fiber key players include Ibiden, Isolite Insulating Products, Luyang Energy-Saving Materials, Morgan Thermal Ceramics, Unifrax, etc. Global top five players hold a share about 30%.

North America is the largest market, with a share about 40%, followed by China and Europe, having a total share about 50 percent.

In terms of product, Ceramic Fiber Blanket is the largest segment, with a share about 45%. And in terms of application, the largest application is Chemical Industry, followed by Aerospace And Defense Industry, Steel Industry, Electrical Appliances, etc.

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This report focuses on global and India Ceramic Fiber market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

By Type
• Ceramic Fiber Blanket
• Ceramic Fiber Board
• Ceramic Fiber Cotton
• Non-Shaped Ceramic Fiber

By Application
• Aerospace And Defense
• Chemical
• Steel Industry
• Electrical Appliances

Key Companies

Ibiden, Morgan Thermal Ceramics, Shandong Luyang Share, Isolite Insulating Products, Nutec Fibratec, Rath, Unifrax I LLC, Yeso Insulating Products Co. Ltd., Thermost Thermotech Co. Ltd, Hongyang Refractory Materials

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This release was published on openPR.