MarketsandMarkets

Ceramic Fiber Market Projected to Reach 5.00 Billion USD by 2020

Ceramic Fiber Market End-product (Paper, Bulk, Module, Board, Blanket), End-use Industry (Power Generation, Aluminium, Iron & Steel, Ceramics, Petrochemical), by Type (Polycrystalline, Low Bio-persistence, Refractory), & by Geography.

 

Pune, India -- (SBWIRE) -- 03/08/2016 -- The report "Ceramic Fiber Market by Type (Refractory, Low Bio-persistence, Polycrystalline), End-product (Blanket, Module, Bulk, Board, Paper), and End-use Industry (Petrochemical, Iron & Steel, Aluminum, Ceramics, Power Generation) - Global Trends & Forecasts to 2020", In terms of value, the global ceramic fiber market is projected to reach USD 5.00 Billion by 2020 at a CAGR of 9.4% between 2015 and 2020. The ceramic fiber market is mainly driven by increased usage in high temperature applications, high efficiency over other insulation products, and growth of end-use industries.

Browse 119 market data tables with 50 figures spread through 156 pages and in-depth TOC on "Ceramic Fiber Market - Global Trends & Forecasts to 2020"
http://www.marketsandmarkets.com/Market-Reports/ceramic-fibers-384.html
Early buyers will receive 10% customization on this report.

Petrochemical end-use industry to continue dominating the market

Petrochemical, iron & steel, aluminum, ceramic, and power generation are the major end-use industries of ceramic fibers. In the petrochemical industry, ceramic fibers are used in boilers, fired heaters, and fluid catalytic cracking units (FCCUs). Petrochemical is the largest end-use industry for ceramic fibers. The demand for ceramic fibers in the petrochemical industry is driven by the increasing demand of its end products such as polymers and elastomers in India and China. The evolution of shale gas & coal gasification technology in North America is also boosting the use of ceramic fibers in the petrochemical industry.

RCF to dominate the ceramic fiber market

RCF dominated the ceramic fiber market with Asia-Pacific as the largest market in 2014 and the trend is expected to remain same during the forecast period. Europe is the leading market for lowbio-persistent and polycrystalline ceramic fibers owing to the carcinogenic nature of RCF and stringent regulatory framework in the region.

Increasing demand from Asia-Pacific is accelerating the growth of the ceramic fiber market

Asia-Pacific is the leading market for ceramic fibers, followed by Europe and North America. The demand in the region is strong due to the rapid development of commercial, industrial, manufacturing, and energy sectors. This has projected Asia-Pacific as an investment hub where several major companies have placed themselves to tap the potential of a growing market.

For more Info Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=384

The leading players in the market include Morgan Thermal Ceramics (U.K.), Unifrax Corporation (U.S.), Luyang Energy-saving Materials Co. Ltd. (China), IBIDEN Co. Ltd. (Japan), Isolite Insulating Products Co., Ltd. (Japan), Nutec Fibratec (Mexico), General Insulation Europe Ltd. (Germany), Thermost Thermotech Co. Ltd. (China), Yeso Insulating Products Co. Ltd. (China), and Rath Inc. (U.S.).

The report covers the ceramic fiber market and its trends that concern four regions, the North America, Europe (Western Europe and Eastern Europe), Asia-Pacific, and Rest of the World (RoW). The market has also been analyzed on the basis of type, that is, refractory ceramic fiber (RCF), low bio-persistent ceramic fiber, and polycrystalline. Bulk, blanket, board, paper, module, textile, and others are the major end products studied. Petrochemical, iron & steel, aluminum, ceramics, power generation, and other end-use industries have also been studied and included in this report.

Make an Inquiry Before Buying of this Report @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=384

Browse Related Reports:

High Temperature Insulation Materials Market by Type (Ceramic fibers, Insulating Fire Bricks), by Temperature, by End-User (Petrochemical, Ceramics, Glass, Aluminum, Cement, Iron & Steel, Refractory, Powder Metallurgy) - Global Trends & Forecast to 2019.
http://www.marketsandmarkets.com/Market-Reports/high-temperature-insulation-market-710.html

Waste Heat Recovery System Market by Application (Steam & Electricity Generation, Pre-heating, and Others), and End-Use Industry (Petroleum Refining, Metal Production, Cement, Pulp & Paper, Chemical, and Others) - Global Trends & Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/waste-heat-recovery-system-market-202657867.html

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets