Ceramic Fiber Market Booming Worldwide with Industry Analysis, Future Growth, Upcoming Trend and Future Scope by 2030 | HarbisonWalker International, Inc., Unifrax I LLC, Morgan Advanced Materials PLC, Isolite Insulating Products Company, etc.

Ceramic Fiber Market
Ceramic Fiber Market

The global ceramic fiber market size reached USD 1.92 Billion in 2020 and is expected to register a revenue CAGR of 9.7%, during the forecast period, according to latest analysis by Emergen Research. Rising demand for ceramic fiber in petrochemicals aerospace industries are some of the major factors driving global ceramic fiber market revenue growth. Revenue growth of the market is also expected to be driven by increasing demand for ceramic fiber from the automotive industry.

Ceramic fibers are utilized in the aerospace sector due to their high thermal stability, lightweight, high energy of ablation, electrical insulation, good corrosion resistance, chemical resistance, wear resistance, and capacity to endure vibrations. Ceramic-fiber reinforced composites are utilized in the production of engine parts, including turbine blends, compressor, and exhaust buckets, as well as aerospace rockets. Ceramics are utilized in aerospace applications owing to lighter weight than metals and this enables increased speed, higher payloads, reduced fuel consumption, and extended spacetimes for spacecraft research.

Ceramics are primarily utilized in aircraft engines and exhausts, temperature security devices, and ultra-high-speed moving vehicle components. Ceramic and ceramic nanocomposites, which can resist temperatures exceeding 1.600 ° C are used in the manufacture of lightweight turbine parts that require less cooling air, including vanes, propellers, combustion linings, and nozzles, as well as exhaust parts that help in improving acoustic attenuation and also have high durability due to resistance to corrosion and abrasion.

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However, stringent regulations regarding use of ceramic fiber and byproducts and health-related concerns are some key factors expected to hamper growth of the global ceramic fiber market to some extent over the forecast period.

Our sample copy includes a brief analysis of the Ceramic Fiber market, the List of Tables and Figures, the market’s competitive scenario and geographical segmentation, and product innovation and future developments based on a sought-after research methodology. Therefore, it serves as a comprehensive framework of the global Ceramic Fiber market dynamics and comprises a critical study of consumers’ journeys, the current and emerging market avenues, and strategic initiatives undertaken by companies to enable readers to gain meaningful insights into the market.

Competitive Outlook:

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Ceramic Fiber market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.

Leading companies operating across the global Ceramic Fiber market:

HarbisonWalker International, Inc., Unifrax I LLC, Morgan Advanced Materials PLC, Isolite Insulating Products Company, Limited, YESO Insulating Product Co., Ltd., FiberCast Inc., Ibiden Co. Ltd., Luyang Energy-saving Materials Co., Ltd., Double Egret Thermal Insulation Co., Ltd., and NUTEC Group

Some Radical Highlights from the Report:

  • Blanket segment revenue is expected to expand at a significantly rapid CAGR during the forecast period due to increasing application of blankets in automotive and aerospace industries. Ceramic blankets are utilized as catalytic converter insulation in the automotive industry, as well as in aircraft and space vehicle engines.
  • Alkaline Earth Silicate (AES) wool segment is expected to register a significantly robust revenue growth rate over the forecast period. AES wools are made of amorphous fibers that are formed by melting a mixture of MgO, CaO, and SiO2. AES wool products are typically utilized at temperatures exceeding 1,100°F (600 °C) in industrial equipment, fire prevention, and automotive exhaust systems.
  • Asia Pacific is expected to account for a larger revenue share than other regional markets over the forecast period due to increasing demand for ceramic fiber across various industries including petrochemicals, automotive, and power generation in countries in the region.
  • In July 2020, Carbo San Luis SA was acquired by Morgan Advanced Materials PLC. This follows 22-years of collaboration and ensures the company’s continuing growth and development. Morgan Advanced Materials aims to utilize advanced materials to assist make better use of the world’s resources, and this is a global producer of specialty goods made from carbon, advanced ceramics, and composites.

To view the detailed ToC of the global ceramic fiber market report, visit @ https://www.emergenresearch.com/industry-report/ceramic-fiber-market

Global Ceramic Fiber Market – Table of Contents:

  1. Market Summary:
  2. Product Outlook:
  • Production, by product type
  • Revenue, by product type
  • Price, by product type
  1. Application Outlook:
  • Consumption, by application
  • Market Share, by application
  1. Geographical Breakdown:
  • Production, by region
  • Revenue, by region
  • Consumption, by region
  1. Manufacturers’ Overview:
  • Production Locations and Areas Served
  • Product Launch, Application, and Specification
  • Production, Revenue, Ex-factory Price, and Gross Margin
  • Key Businesses

Global Ceramic Fiber Market Report – Segmental Analysis:

The global Ceramic Fiber business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Ceramic Fiber business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.

  • Product Form Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Module
    • Paper
    • Blanket
    • Board
    • Others
  • Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Refractory Ceramic Fibers (RCF)
    • Alkaline Earth Silicate (AES) Wool
    • Others
  • End-Use Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Power Generation
    • Refining & Petrochemical
    • Iron & Steel
    • Aerospace
    • Automotive
    • Others

Regional Outlook:

The report offers a comprehensive analysis of the current growth opportunities for various regions of the Ceramic Fiber market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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