Reports and Data estimates the global Ceramic Fibre competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Ceramic Fibre during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Materials plc, Unifrax LLC, Luyang Energy Savings Material Co., Ltd., Ibiden Co., Ltd., Harbisonwalker International Inc., Isolite Insulating Product Co. Ltd., Nutec Fibratec, Yeso Insulating Product Co.Ltd., Rath Group, and FibreCast Inc.
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Ceramic Fibre Overview :-
The global Ceramic Fibre market size was USD 2.06 billion in 2020 and is expected to register a revenue CAGR of 10.2% during the forecast period. Increasing use of Ceramic Fibre in refining, petrochemical, and power generation industries, rising demand for durable, flexible, and lightweight materials in different end-use industries, and growing focus on energy consumption are some of the major factors driving global Ceramic Fibre market revenue growth. Ceramic Fibre, also known as ceramic wool or refractory material, is a type of small-dimension string or filament made of ceramic.
It is an odorless, lightweight, white substance with low thermal conductivity, corrosion resistance, chemical resistance, and heat-resistance properties. It is primarily used as an insulation material in different industries such as metal, refining & petrochemical, power generation and others. Ceramic-fiber-based composites are applied in manufacturing of various commercial products such as components for aircraft engines, which include turbine combustors, exhaust nozzles, and compressors, automotive and gas turbine components, missiles, hot gas filters, heat exchangers, rocket nozzles, wrapping insulations, and gaskets. Some commonly used Ceramic Fibres are Refractory Ceramic Fibre (RCF), Alkaline Earth Silicate (AES) Wool, and others. Refractory Ceramic Fibre or RCF are inorganic, amorphous, aluminosilicate fibers. It belongs to a class of materials, primarily known as man-made vitreous fibers. RCF wools are commonly used in construction of industrial furnace and thermal-processing installations. RCF materials are classified as potential carcinogenic substances by different agencies and manufacturers. Many companies are currently using Alkaline Earth Silicate (AES) Wool as a substitute for RCF. AES is produced by melting down calcium oxide (CaO), magnesium oxide (MgO), and silicon dioxide (SiO2)
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For the purpose of this report Reports and Data has segmented global Ceramic Fibre market on the basis of type, application, and region:
By Type Outlook
· Refractory Ceramic Fibre (RCF)
· Alkaline Earth Silicate (AES) Wool
· Others
By Product Form Outlook
· Blanket
· Module
· Board
· Paper
· Others
By End-Use Outlook
· Metals
· Refining & Petrochemical
· Power Generation
· Others
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
· What is the expected year-on-year growth of the Ceramic Fibre during the forecast period?
· What key trends are expected influence revenue growth of the market going ahead?
· Which region is expected to account for largest revenue share over the forecast period?
· Which key companies are profiled in the report?
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