PUNE, India, October 7, 2016 /PRNewswire/ --
The report "Ceramic Textile Market by Fiber Type (RCF, Low Bio-Persistent, and Polycrystalline), Form (Cloth, Ropes, Tapes, Sleeving, and Braids), End-Use Industry (Industrial and Transportation), and Region - Global Forecast to 2021", published by MarketsandMarkets, the global market is projected to reach USD 132.5 Million by 2021, registering a CAGR of 9.94% between2016 and 2021.
Browse 107 market data Tables and 70 Figures spread through 155 Pages and in-depth TOC on "Ceramic Textile Market"
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Properties of ceramics to contaminate heat in high temperature applications would drive the market. Emerging application industries, such as aerospace and alternate energy, will boost the ceramic textile market. Ceramic fibers being lightweight and chemically stable are used in a number of industrial applications, such as insulation and gaskets.
RCF is the largest fiber segment for the ceramic textile market
RCF is a versatile material. It can be spun or blown into bulk, air-laid into a blanket, folded into modules, converted into papers, boards, and shapes, die-cut into gaskets, twisted into yarns, woven into rope and cloth, and blended into liquid binders for mastics and cements. It is lightweight and has low thermal conductivity, excellent resistance to thermal shock, outstanding electrical resistivity, excellent insulating properties, superior corrosion resistance, and good acoustical properties. This justifies its extensive use.
Industrial is the largest and fastest-growing end-use industry for ceramic textiles
The Ceramic Textile Market is dominated by the industrial end-use industry. It would also register the highest CAGR during the forecast period. This is mainly due to the growing petrochemical, steel, and aluminum end-use industries in the global market. High demand for end products from industries such as iron & steel, aluminum, petrochemicals is driving the production of ceramic fibers.
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Asia-Pacific estimated to be the largest market during the forecast period
The Asia-Pacific region has huge potential for ceramic textiles, as the transportation and industrial sectors are growing. The majority of emerging economies located in this region have huge infrastructural investments in transportation and industrial sectors. This will boost the ceramic textile market in this region.
Key players in the ceramic textile market
Ibiden Co., Ltd. (Japan), Luyang Energy-Saving Materials Co., Ltd. (China), Isolite Insulating Products Co. Ltd. (Japan), Kyocera Corporation (Japan), Mineral Seal Corporation (U.S.), Morgan Advanced Materials Corporation (U.K.), Rath Inc. (U.S.), Rauschert Steinbach GmbH (Germany), The 3M Company (U.S.), Unifrax Corporation (U.S.), and Zircar Zirconia, Inc. (U.S.) are some of the key players that are actively present in the ceramic textile market.
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