Market Research Report
Global Ceramic Fiber Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||530643|
|Published||Content info||124 Pages
Delivery time: 1-2 business days
|Global Ceramic Fiber Market Forecast 2019-2027|
|Published: November 5, 2018||Content info: 124 Pages||
The Global Ceramic Fiber market was valued $ xx billion in 2018 and is anticipated to reach $ xx billion by 2027, growing at an estimated CAGR of 9.65%, during the forecast period 2019-2027.The production of ceramic fiber was estimated to be xx million tons in 2018. It is expected to grow at a CAGR of 10.19% from 2019 to 2027 to reach approximately xx million tons.
The global ceramics fiber market is segmented on the basis of product type and end user. The product type segment can be further classified into Low Bio-Persistent, Refractory Ceramic Fiber, and Polycrystalline Ceramic Fiber. The Refractory Ceramic Fiber market captures the leading position in the current market scene by holding the largest share. However, the Low bio-persistent ceramic fiber is fast growing and is expected to be the best performing type over the forecast period. The Market By End-User Is Classified Into Petrochemicals, Ceramics, Aluminum, Iron & Steel, Power Generation Sector, etc.
Geographically, the global ceramic fiber market has been segmented into four major regions;
The Asia Pacific region is currently dominating the market scene. The market accounted for most of the total market share in the year 2018 because of the presence of major hubs for ceramic fiber manufacturing in countries like China, Japan, India and South Korea. A Chinese company, Luyang Energy Saving Materials Co. Ltd, formerly known as Shandong Luyang Share is the leader in this region. The refractory ceramic fiber is the biggest market in the Asia-Pacific. Thus, the large number of manufacturers coupled with the Government incentive support has made the Asia Pacific a global leader in this market.
The major companies operating in the global ceramics fiber market are: Morgan Thermal Ceramics, General Insulation Europe Ltd, Unifrax Corporation, Thermost Themtech, Luyang Energy Saving Materials Co, Ceramsource, Inc, Isolite Insulating Products Co, etc. Most of these players look for strategies such as merger & acquisition, partnership, contracts, agreements, new product launch, in order to gain a competitive edge over each other.