Global Ceramic Fiber Market Size, Trends & Growth Opportunity, By Type (RCF, AES Wool, Others), By Product (Blanket, Module, Board, Paper, Others), By End User Type (Refining & Petrochemical, Metals, Power Generation, Others), By Region and Forecast till 2027

Global Ceramic Fiber Market

Many different commercial products use ceramic-fiber-reinforced composites, including aircraft engine components (turbine combustors, compressors, and exhaust nozzles), automotive and gas turbine components, aerospace missiles, heat exchangers, hot gas filters, rocket nozzles, gaskets, and wrapping insulations.

Drivers: Ceramic Fiber Market

The Driving Factors of Ceramic Fiber Market are thermal conductivity of ceramic fibre is low, and it can resist high temperatures. Furthermore, it has a low density and thermal inertia. As a result, ceramic fibre absorbs less heat and saves a significant amount of energy. For excellent heat containment and energy conservation, ceramic fibre products are employed as insulation materials in high-temperature applications.

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Restraints: Ceramic Fiber Market 

However, the market is impacted by Extruding ceramics melted at very high temperatures through a set of small pores, approximately 3 mm in diameter, is the traditional method of producing ceramic fibre. Ceramic fibre with a diameter of less than 1 m is deemed carcinogenic, and one with a diameter of less than 3 m can be inhaled during the manufacturing process, causing major respiratory disorders and severe skin irritation. Because a large fraction of the fibres produced by the conventional technique have small dimensions, persons involved in their production and handling may face substantial health risks.

Impact of COVID-19

The outbreak has impacted virtually every firm, and its long-term Business and consumer sentiment were moderately impacted throughout important worldwide markets, resulting in considerable declines in the refining & petrochemical and power generating sectors. Though the market is gradually improving, it will be some time before the chemical and petrochemical sectors resume a steady growth path. Refining and petrochemical industries are likely to recover faster than construction and power generating.

Segmentation by Product:

By Product, Ceramic Fiber Market is further classified into Blanket, Module, Board, Paper, Others. Ceramic fibre products are also used as heat insulation for kitchen utensils, fire prevention, general heat containment in ships, marine vessels, and buildings, heat insulation of exhaust gas boilers at gas turbine combined-cycle power plants, catalytic converters, and emission reduction in the automotive industry, and furnace door linings, chimneys, and kiln car insulation in the ceramic industry.

Segmentation by Type

The type is further classified into RCF, AES Wool, Others. The RCF market in this area is being driven by expanding building activities, high production of iron and steel, and aluminium sectors, rising demand for flexible, durable, and lightweight materials, rising quality of living, and high per-capita spending. Companies are now producing and employing AES wool as an alternative for RCF because to the carcinogenic nature of RCF and the adoption of many limitations on its use.

Segmentation by End use industry

Based on the end-use industry type, the market is segmented as iron & steel, refining & petrochemical, power generation, aluminium, and others. Ceramic fibre is in high demand in the refining and petrochemical industries. The growing demand for ceramic fibre in the refining and petrochemical sector is expected to be driven by the need to lower functional costs, improve dependability, and reduce energy use in roofs, furnace linings, and walls.

Segmentation by Region

By Region the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. The increased demand for Ceramic Fiber Market is predicted to be driven by the region's growing population and expanding disposable income. From 2016 to 2021, South America is expected to be the second-fastest-growing market. This expansion can be ascribed to the region's Metals industry.

Competitive Landscape:

Morgan Advanced Materials plc, Unifrax LLC, Luyang Energy Savings Material Co., Ltd., Ibiden Co., Ltd., Harbisonwalker International Inc., Isolite Insulating Product Co. Ltd., Nutec Fibratec, Yeso Insulating Product Co.Ltd., Rath Group, FibreCast Inc., and Double Egret Thermal Insulation.

Industrial Development:

Unifrax I LLC bought Rex Materials Group, a company that makes engineered thermal components, in 2020. Stellar Materials, LLC, a manufacturer of proprietary specialised chemicals and materials, was purchased by a firm in 2019.

Morgan Advanced Materials Plc bought Carbo San Luis, a mineral product maker, in 2020, and worked with The Midlands Industrial Ceramics Group in 2021, establishing Morgan Advanced Materials Plc as the world leader in advanced ceramics.

Market taxonomy

By Product –

• Blanket
• Module
• Board
• Paper
• Others

By Type

• RCF
• AES Wool
• Others

By End use industry

• Refining & Petrochemical
• Metals 
• Power Generation
• Others

By region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa