Ceramic Fiber Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type Of Fiber (Refractory Ceramic Fiber (RCF), Polycrystalline Wool (PCW), Low Bio-Persistent Fiber), By Product (Blanket, Board, Paper, Bulk, Module, Others), By End-User Industry (Refining And Petrochemical, Oil And Gas, Iron And Steel, Transportation, Others), And By Geography - Forecasts From 2019 To 2024

Published:  Apr 2021 Report Code: KSI061612354 Pages: 107

The global ceramic fiber market is estimated to witness a CAGR of 7.10% to reach US$2.291 billion in 2024 from US$1.518 billion in 2018. Ceramic fiber or wool is known as a “refractory material” that has high resistant properties. They are used in various applications which include petrochemical, ceramic, steel, power generation, glass, and fire protection. 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. However, the defect in ceramic fiber is that it cannot resist the high-speed air scorning and erosion of slag and also it can easily break if hit by a heavy material.

The market has been segmented by type of fiber, product, end-user, and geography. Basis of end-user, the Refining and petrochemical is expected to hold a significant market share due to the need for low operating cost and low energy consumption. Geographically, Asia Pacific is projected to be a substantial shareholder in the market during the forecasted period due to growth in the manufacturing industries along with significant R&D investments in countries like China and India.

• DRIVERS
o Increasing demand for ceramic fiber by various industries like textile, and power generation among others.
o High thermal efficiency compared to substitutes.

• RESTRAINTS
o Strict regulation regarding the use of carcinogenic material in ceramic fiber.

The major players profiled in the global ceramic fiber market are Unifrax, DGN Faser Pvt. Ltd., IBIDEN, NUTEC, Morgan Advanced Materials, Sepid Ceramic Fiber Co., FibreCast Inc., and Isolite Insulating Products Co.Ltd.

Ceramic Fiber Market Scope:

Report Metric Details
 Market size value in 2018  US$1.518 billion
 Market size value in 2024  US$2.291 billion
 Growth Rate  CAGR of 7.10% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Type of Fiber, Product, End-User Industry, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Unifrax, DGN Faser Pvt. Ltd., IBIDEN, NUTEC, Morgan Advanced Materials, Sepid   Ceramic Fiber Co., FibreCast Inc., Isolite Insulating Products Co., Ltd.
 Customization scope  Free report customization with purchase

Segmentation

The global ceramic fiber market been analyzed through the following segments:

• By Type of Fiber
o Refractory Ceramic fiber (RCF)
o Polycrystalline Wool (PCW)
o Low bio-persistent fiber

• By Product
o Blanket
o Board
o Paper
o Bulk
o Module
o Others

• By End-User Industry
o Refining and Petrochemical
o Oil and Gas
o Iron and Steel
o Transportation
o Others

• By Geography
o North America
? USA
? Canada
? Mexico

o South America
? Brazil
? Argentina
? Others

o Europe
? Germany
? France
? United Kingdom
? Spain
? Others

o Middle East and Africa
? Saudi Arabia
? Israel
? Others

o Asia Pacific
? China
? Japan
? South Korea
? India
? Others


Frequently Asked Questions (FAQs)

Q1. What will be the ceramic fiber market size by 2024?
A1. The global ceramic fiber market is estimated to reach the market size of US$2.291 billion by 2024.
 
Q2. What are the growth prospects for ceramic fiber market?
A2. The ceramic fiber market is estimated to witness a CAGR of 7.10% during the forecast period.
 
Q3. What is the size of global ceramic fiber market?
A3. Ceramic Fiber market was valued at US$1.518 billion in 2018.
 
Q4. What factors are anticipated to drive the ceramic fiber market growth?
A4. 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.
 
Q5. How is the global ceramic fiber market segmented?
A5. The ceramic fiber market has been segmented by type of fiber, product, end-user, and geography. 

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL CERAMIC FIBER MARKET BY TYPE OF FIBER
5.1. Refractory Ceramic Fiber (RCF)
5.2. Polycrystalline Wool (PCW)
5.3. Low Bio-Persistent Fiber
6. GLOBAL CERAMIC FIBER BY PRODUCT
6.1. Blanket
6.2. Board
6.3. Paper
6.4. Bulk
6.5. Module
6.6. Others
7. GLOBAL CERAMIC FIBER MARKET BY END-USER INDUSTRY
7.1. Refining and Petrochemical
7.2. Oil and Gas
7.3. Iron and Steel
7.4. Transportation
7.5. Others
8. GLOBAL CERAMIC FIBER MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Unifrax
10.2. DGN Faser Pvt. Ltd.
10.3. IBIDEN
10.4. NUTEC
10.5. Morgan Advanced Materials
10.6. Sepid Ceramic Fiber Co.
10.7. FibreCast Inc.
10.8.Isolite Insulating Products Co.Ltd.
LIST OF FIGURES
LIST OF TABLES

Unifrax
DGN Faser Pvt. Ltd.
IBIDEN
NUTEC
Morgan Advanced Materials
Sepid Ceramic Fiber Co.
FibreCast Inc.
Isolite Insulating Products Co., Ltd.

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