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Research Reports

Global Ceramic Fibre Market to be Driven by the Rising Steel Industry in the Forecast Period of 2021-2026 | EMR Inc.

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The new report by Expert Market Research titled, ‘Global Ceramic Fibre Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global ceramic fibre market, assessing the market based on its segments like types, product forms, end users, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/ceramic-fibre-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 2 billion
  • Forecast CAGR (2021-2026): 5%
  • Forecast Market Size (2026): USD 2.6 billion

The market for ceramic fibre is being aided by the extensive use of ceramic fibre in various industries. It has low thermal conductivity and thermal density which enables temperature control which is crucial for furnaces in the steel industry. Ceramic fibre is deployed in steelmaking equipment as a lining material, hence propelling the market growth. It is also used to enhance the thermal efficiency of equipment while reducing heat loss which is consequently augmenting the market growth. In addition, the rising use of refractory ceramic fibre (RCF) in various applications owing to its heat resistance properties is providing impetus to the ceramic fibre industry.

Industry Definition and Major Segments

Ceramic fibres are the accumulation of various amorphous and other synthetic mineral fibres and can withstand high-temperatures and thermal density. They are used as an insulation material and are primarily produced in the form of boards, bulk fibres, vacuum forms, textile, and paper, among others. Their excellent properties enable their deployment in major industries where high temperature resistance is required.

Based on types, the market is categorised into:

  • Refractory Ceramic Fibre (RCF)
  • Alkaline Earth Silicate (AES) Wool
  • Others

The major product forms of ceramic fibre are:

By end users, the market is divided into:

  • Iron and Steel
  • Refining and Petrochemical
  • Power Generation
  • Aluminium
  • Others

The major regional markets of ceramic fibre are:

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

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/ceramic-fibre-market

Market Trends

The ceramic fibre industry is being driven by the rising use of ceramic matrix composite in various industries. The high temperature and corrosion resistance properties of ceramic matrix composite are increasing their use in high mechanical and thermal requirements in automotive, aerospace, and energy industries are expected to aid the market growth. Moreover, the rising demand for clean energy and fuel efficiency in automobiles and aircraft is anticipated to propel the industry growth. As ceramic matrix composites can reduce the overall weight of vehicles and aircraft, they are used as a substitute for nickel alloys for energy optimisation and engine propulsion which is projected to fuel the market growth of ceramic fibre.

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Key Market Players

The major players in the market are Morgan Advanced Materials, Unifrax, Luyang Energy-saving Materials Co., Ltd., IBIDEN, HarbisonWalker International, Isolite Insulating Products Co., Ltd., and NUTEC, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: EMR Inc.
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

Read about global copper gluconate market: https://expertmarketresearch-emr.blogspot.com/2021/09/copper-gluconate-market.html

Introducing Procurement Intelligence Services of EMR Inc.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication's content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.

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