Extensive use of ceramic fibers in several industries, encouraged
use of bio-based insulation materials, rising concerns about safety at
workplace, energy conservation and emission reduction characteristics of
ceramic fiber are key factors
contributing to high CAGR of ceramic fiber during forecast period.
Market Size – USD 11.09 Billion in 2018, Market Growth - CAGR of
6.2%, Market Trends – Product launches and research for advanced Ceramic Fiber
products.
According to the current analysis of Reports and Data, the
global ceramic fiber
market was valued at USD 1.77 Billion in 2018 and is expected
to reach USD 3.80 Billion by year 2026, at a CAGR of 10.42%. The study covers
analysis of ceramic fiber and its extensive use in various applications.
Ceramic fibers comprise a wide range of amorphous or crystalline synthetic
mineral fibers characterized by their refractory properties (stability at high
temperatures). They are primarily made of alumina, silica and other metal
oxides or, less commonly, of monoxide materials such as silicon carbide. Most
ceramic fibers are comprised of alumina and silica in an approximate 50/50
mixture. Ceramic fibers are used as insulation materials, because of their
ability to withstand high temperatures, and are used primarily for lining
furnaces and kilns. Better thermal efficiency than its substitutes, increasing
concerns about safety at workplace, increasing demand for bio-based insulation
materials are some of the key factors propelling market growth in the industry.
However stringent regulations pertaining to the use of carcinogenic materials
is a major hindrance for the market growth during the year 2019-2026.
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Further key findings from the
report suggest
- High temperature resistant
ceramic blankets and boards are widely used in shipbuilding as insulation
to prevent the spread of fires and for general heat containment.
- Ceramic blankets are extensively
used as insulation for catalytic converters in the automobile industry and
in aircraft and space vehicle engines. Further, In the metal industry,
ceramic blankets are used as insulation on the interior of furnaces.
Boards are used in combination with blankets for insulation of furnaces
designed to produce temperatures up to about 1,400°C
- In commercial fire protection,
ceramic fibers are used in grease-duct insulation and penetration and
expansion-joint seals. In addition to this, they are also used in hobby
furnaces, such as ceramic pottery and glass-enameling kilns and blacksmith
forges
- Refractory ceramic fiber (RCF)
also known as Alumino silicate wool (ASW) is used for insulation,
primarily in kilns and furnaces is a form of form of man-made vitreous
(silicate) fiber (MMVF) and consists of alumio-silicate fibers
- RCF account for the largest share
in the global ceramic fiber market owing to its properties such as High
flexibility, good resistance to tearing, precise thickness, resistance to
thermal shock. However, IARC(WHO) has classifies RCF as a possible human carcinogen.
In US, NTP has classified respirable RCF as a substance reasonably
anticipated to be carcinogenic.
- Rising concerns over the health
effects relating to RCF have forced the players in the ceramic fiber
industry to develop alternative fiber products, as well as to work with
existing process upgrades to address concerns related to RCF.
- AES wools consist of amorphous
fibers, which are produced by melting a combination of CaO, MgO and SiO2.
AES is expected to have highest CAGR during the forecast period.
To
identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/ceramic-fiber-market
- Products made from AES wools are
usually used at application temperatures greater than 1100°F (600 °C) in
industrial equipment, fire protection, automotive exhaust systems and
domestic appliances. Their usage has grown significantly since their
commercial production began in the early 1990s.
- Globally, Asia Pacific holds for
the substantial market share of ceramic fibers. High R&D investment,
rise in the use of high quality and lightweight insulation materials made
of ceramics are key factors for the growth in Asia Pacific region. Its
holds 36.1% of the market share in the global ceramic fiber market
- On the basis of end use, refining
and petrochemical industry hold significant share in the global ceramic
market. Increasing need to lower operating costs, increasing reliability
and lower energy use in furnace linings and walls are anticipated to fuel
the demand in this industry. It accounts for 48.7% of the total market
share in the global ceramic fiber market
- On the basis of product, Module
holds the highest share (50.8%) in the global market because of unique
qualities such as low thermal conductivity, light weight, easy to install
and remove, smooth hot face surface, resistant to mechanical shocks.
- Key players in the global ceramic
fiber market include Rath Group, Morgan Advanced Materials PLC, Unifrax I
LLC, IBIDEN Co., Ltd., Luyang Energy-Saving Materials Co., Ltd.
For the purpose of this study, Reports and Data have segmented the
ceramic fiber market on the basis of type, disease type, product type, end use,
and region:
Type (Revenue, USD Million; 2016–2026)
- Refractory ceramic fiber (RCF)
- AES
Product Type (Revenue, USD Million; 2016–2026)
- Board
- Module
- Blanket
- Paper
End Use (Revenue, USD Million; 2016–2026)
- Refining and petrochemical
- Aluminum
- Iron and steel
- Power generation
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Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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