DUBLIN, June 14, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Ceramic Fiber Market 2016-2020" report to their offering.
The global ceramic fiber market is forecast to grow at a CAGR of 10.76% during the period 2016-2020.
The market is divided into the following segments based on fiber type:
- Polycrystalline fiber
- Biopersistent fiber
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend that will propel the growth of the ceramic fiber market is the rise in application for ceramic matrix composites (CMC). Most jet engines and components are made of metals such as steel and nickel alloys. These alloys require dedicated cooling air, decreasing the engine airflow and reducing efficiency. Therefore, alternatives to these metals are being sought.
According to the report, a key growth driver is the energy conserving properties of ceramic fiber. A considerable quantity of heat is wasted in industrial plants due to low maintenance or inadequate insulation. Appropriately installed and designed insulation systems will reduce energy use. The benefits of insulation include improved productivity, enhanced environmental quality, and enormous cost savings. Insulation can help maintain process temperature at a predetermined range by reducing heat gain or loss.
Further, the report states that one challenge that could restrict market growth is the threat of substitutes. Several industries are looking at alternative materials due to the hazardous properties of ceramic fibers.
- Isolite Insulating Products
- Morgan Advanced Materials
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by type
PART 08: Market segmentation by end user
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/rm7pff/global_ceramic
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SOURCE Research and Markets