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Ceramic Fiber Market by Type, Product Form, End-use Industry And Region - Global Forecast to 2022

Ceramic Fiber Market: Global Forecast until 2022

  • May 2018
  • 140 pages
  • ID: 3605434
In this report:
The market in the refining & petrochemical end-use industry accounted for the largest share of ##.##%, in terms of value, in 2016 and is projected to register the highest CAGR of ##.##% between 2017 and 2022.
The ceramic fiber market size in the power generation end-use industry was USD ##.## million in 2016 and is expected to reach USD ##.## million by 2022, at a CAGR of ##.##% between 2017 and 2022.

Summary

Table of Contents

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The overall ceramic fiber market is projected at ~$1.6B in 2017 and is projected to extend ~$2.6B by 2022, at a compound annual growth rate of 9.80 percent between 2017 and 2022. Increase of the market is influenced by the high thermal efficiency of ceramic fiber products as distinguished to conventional insulation materials. Also, there is an growing demand for less toxic solutions from different end-use sectors, which is leading to high demand for low bio-persistent products which are non-carcinogenic. Nevertheless, stringent regulations combined with the use of toxic carcinogenic products, including RCF, act as a main restraint for the sector.

RCF is the most important type segment in the overall ceramic fiber market

Established on category, RCF is forecasted to account for the biggest share of the overall ceramic fiber market in 2017. This important share is essentially attributed to the high demand for low-cost, high thermal stability, low heat storage, and lightweight ceramic fiber, which is used mainly in the iron & steel, refining & petrochemical, and power generation markets.

Ceramic fiber blanket is the most important product form segment in the overall ceramic fiber market

Established on product form, the ceramic fiber blanket is expected to account for the biggest share of the overall ceramic fiber market in 2017. This big share is mainly attributed to the high demand for insulation material from the shipping, metal, automobile, and space sectors.

Refining & petrochemical is the most important end-use industry segment of the overall ceramic fiber market

Established on end-user market, the refining & petrochemical segment is forecasted to dominate the industry between 2017 and 2022.Ceramic fiber is primarily used in boilers, fired heaters, and Fluid Catalytic Cracking Units to offer effective solutions for energy requirements in the refining & petrochemical sector.

Together with high-temperature requirements, ceramic fiber products are manufactured to withstand tough and corrosive manufacturing conditions in the petrochemical market.

Asia-Pac is estimated to be to be the biggest ceramic fiber market during the outlook period

The APAC area is forecast to lead the overall ceramic fiber market between 2017 and 2022.China (CN) is the top producer and consumer of ceramic fiber in the APAC.

Intensive R&D, easy availability of raw materials, growing standards of living, and appreciation among consumers about environmental protection due to the use of renewable products are anticipated to lead to an growth in demand for ceramic fiber in the APAC.

Breakdown of profiles of primary Q&A for the market research

• By Company category: Tier 1 - 70.0 percent, Tier 2 -20.0 percent, and Tier 3 - 10.0 percent

• By Description: C-suite - 50.0 percent, D-level - 20.0 percent, and Others - 30.0 percent

• By Area: APAC- 32.0 percent, EU - 29.0 percent, North America (NA) - 25.0 percent, Middle East (ME) & African continent - 8.0 percent, South America area - 6.0 percent

Some of the main firms decribed in this industry report contain Morgan Advanced Materials PLC, Unifrax I LLC, and IBIDEN Co., Limited, among others.

Segment Research

This research study aims at identifying emerging trends and possibilities in the overall ceramic fiber market, together with a in-depth classification, in terms of value importance.It identifies top players in the sector and offers a comprehensive competitive landscape.

The overall ceramic fiber market has been divided by type, product form, end-use sector, and area.Established on category, the industry has been broken down into RCF, AES, and others.

Established on product form, the sector has been split into blanket, board, paper, module, and others.Established on end-user market, the industry has been divided into refining & petrochemical, iron & steel, power generation, aluminum, and others.

Established on area, the sector has been broken down into APAC, Europe (EU), North America continent, Central & South America region, and the Middle East (ME) & African continent.

Main highlights

• Market segmentation established on category, product form, end-use sector, and area

• Market dynamics including drivers, market restraints, and alternatives

• Porter's Five Forces Analysis

• Profile of main actors in the overall ceramic fiber market

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