Global Ceramic Fiber Market - Forecasts from 2019 to 2024
The Global ceramic fiber market is projected to grow at a CAGR of X. XX% to reach US$X.XX billion by 2024, from US$XX.XXX billion in 2018. Ceramic fiber or wool is known as a “refractory material” that has high resistant property. It serves as an excellent material for insulation in numerous applications such as blanket, cloth, paper, and etc. The ceramic fiber is gaining traction in the market owing to its increased use in iron and steel, and petrochemical industries as it is a temperature insulation material that conserves energy. Burgeoning demand for energy saving products is driving the ceramic fiber market growth. The market is expected to grow at a good CAGR owing to its growing use in industries such as aerospace due to the properties such as high temperature resistance, superior tensile strength, and better flexibility provided by the fiber.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the ceramic fiber value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global ceramic fiber market.
Major industry players profiled as part of the report are Unifrax, DGN Faser Pvt. Ltd., IBIDEN, NUTEC, Morgan Advanced Materials, Sepid Ceramic Fiber Co., FibreCast Inc., and Isolite Insulating Products Co., Ltd.
The global ceramic fiber market has been analyzed through following segments:
By Type of fiber
Refractory Ceramic fiber (RCF)
Polycrystalline Wool (PCW)
Low bio-persistent fiber
By End-User Industry
Energy and Power
Oil and Gas
Iron and Steel
Middle East and Africa
Key insights offered
What will be the global ceramic fiber market size from 2019 to 2024?
How are the major drivers and restraints affecting the global ceramic fiber market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
DGN Faser Pvt. Ltd.
Morgan Advanced Materials
Sepid Ceramic Fiber Co.
Isolite Insulating Products Co., Ltd.