Global Ceramic Fiber Paper Market is estimated to grow at a CAGR of XX% to reach US$ XX Bn by 2027.
The ceramic fiber paper is made by using refractory materials, Alumina silicate fibers bound together in non–woven. The ceramic fibers paper possesses excellent refractoriness and does not get wet. The ceramic fiber paper has properties like highly resistance to acid, handles molten aluminum and withstand to temperature up to 23000 F.
Market Dynamics
The ceramic fiber paper have properties like chemical corrosion resistance, thermal stock resistance, high thermal efficiency, low heat storage are responsible factors for the growth in demand for industrial use. Low thermal conductivity fits ceramic fiber paper for use in extremely hot or cold environment. It is effective alternative for insulation in industrial application, also act as growth driving factor.
The wide area of application in furnaces, stoves, boilers & appliance linings, ovens, kilns, high temperature pipe insulation, protection & shield and as a textile item for packaging are expected to create more opportunities for the global ceramic fiber market during forecast period.
Scope of the report for Global ceramic fiber paper market
The report helps in understanding Global ceramic fiber paper Market dynamics, structure, by analyzing the market segments and projects the Global ceramic fiber paper Market size. The clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global ceramic fiber paper market makes the report investor’s guide.
Impact of COVID-19 on Global ceramic fiber paper market
The report on global ceramic fiber paper market explains in detail about the covid-19 pandemic impact on the key players and compared revenue, profit-loss, share value from the data available. Reports provides conclusion from pre and post covid-19 data available about the key players strategies which helps for new entrants as a guide in pandemic situation.
Regional Insights
Global ceramic fiber paper market key players
• Mineral Seal Corporation
• Galaxy Enterprise
• Shree Ceramic Fibers Pvt. Ltd.
• Great Lakes Textiles
• Unifrax Corporation
• Cera Materials
• Morgan Advanced Materials PLC
• Celsius Heat Management Belgie NV
• Rath Group
• LydallInc
• ThermostThermotech Co. Ltd.
• Ibiden Co. Ltd.
• GrupoNutec
• KT Refractories US Company
• Yeso Insulating Products Company Limited
Global Ceramic Fiber Paper Market, By Grade
• Standard
• Premium
• Zirconia
Global Ceramic Fiber Paper Market, By Application
• Refractory & Sealing
• Insulation
• Others
Insulation segment is expected to reach US$ XX Bn with a CAGR of XX% during forecast period.
The ceramic fiber paper is used in industry for high temperature insulation due to its superior properties. The common used application area is sealing, electrical insulator, thermal insulating device, sound absorption, filtration device. The ceramic fiber paper is also used in various industrial furnaces and ladle, furnace door, cast barrel, submerged nozzle for high-temperature insulation. This wide use application area for insulation dominates the growth of global ceramic fiber paper market.
Asia-Pacific held XX% of market shares in 2020 and is expected to reach US$ XX Bn in forecast period with a CAGR of XX%.
The increasing construction activities and growth in production of aerospace and automotive are the major driving factors for market growth in Asia-pacific. The Data from India Brand Equity Foundation, movement of aircraft is increased from 1.60 Mn in FY16 to 2.59 Mn in FY20 by 9.57 CAGR. The growth of foreign and domestic aircraft in India rose to 433K and 2155K respectively during FY020.