The market is projected to grow because of the growing infrastructural projects and urbanization, mounting demand for ceramic fiber insulation, and increasing industrial expansion in Asia Pacific region. The ceramic fiber contributes to reduce energy consumption, improved thermal management, fire resistance, and lightweight, making them a crucial tool for wide range of industries in today's world. In addition, due to the increasing population, increasing demand for energy efficiency demand, technological advancements and changing consumer needs, the demand for ceramic fiber can increase due to various applications.
Browse in-depth TOC on "Ceramic Fiber Market"
210 – Tables
60 – Figures
242 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=384
RCF segment type are projected to register the second-highest CAGR, in terms of value, of the global ceramic fiber market during the forecast period.
The RCF segment market is set to grow notably during the forecast period. This impressive growth is attributed to its low costs as compared to other types such as AES wool and other types. Due to its properties of heat resistance and insulation it is very vital in industries like metals, glass making and aerospace engineering. Energy conservation and regulatory compliance are a key factor that is amazing the need for materials such as RCF due to their high-rate performance under high temperatures. Also, improvements in technology have seen the safety and performance characteristics of RCF being increased thus increasing its usage across the industrial market segment.
Blanket segment is estimated to be the fastest growing product form of ceramic fiber market, in terms of value, during the forecast period.
From the product forms available in the ceramic fiber market, the blanket product form is expected to grow at the highest CAGR because of its applicability in various end-use sector. Ceramic fiber blankets have many useful features, such as high heat resistance, flexibility and low density, which makes it possible to apply them in such industries as furnace, kiln and exhaust industries. This characteristic makes them versatile especially in conveyance of heat and energy efficiency due to their unique performance in conforming to irregular shapes and geometries. Further, the rising trends for energy savings and the high demands for advanced insulating material in the aerospace, automobile and metallurgical industries are the major factors that fuels the ceramic fiber blankets market. Technological developments in the production of these blankets are also seeing a positive impact on the effectiveness and safety of the blankets thus putting into emphasis why so many people are using it.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=384
Europe is estimated to be the second-largest market for the ceramic fiber market, in terms of value, during the forecast period.
Europe is expected to be the second largest market due to the presence of well-developed industries coupled with the requirements of using high-performance ceramic fibers in thermal insulations. For thermal resistance and energy efficiency, the ceramics fiber finds applications in automobile, aerospace, and metal industries, which are largely concentrated in the region. On top of it, European environmental standards and its policy on energy saving give pressure to use the superior insulation materials. Interest in technology as well as in infrastructure formation also boosts the expansion of the ceramic fiber market in the region.
Browse Adjacent Market: Fibers and Composites Market Research Reports & Consulting
Related Reports:
Ceramic Matrix Composites Market - Global Forecast to 2031
Storage Tank Insulation Market - Global Forecast to 2030
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/ceramic-fibers.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/ceramic-fiber.asp
Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg
SOURCE MarketsandMarkets
Share this article