Feb 21, 2020   SOURCE: BusinessWire

Asia Pacific Ceramic Fiber Market to Generate a Value of US $1,258.7 Million by 2027 - ResearchAndMarkets.com

The "Asia Pacific Ceramic Fiber Market to 2027 - Regional Analysis and Forecasts By Type, By Product Form, By End Use Industry" report has been added to ResearchAndMarkets.com's offering.

The Asia Pacific ceramic fiber market is accounted to US$ 591.1 Mn in 2018 and is expected to grow at a CAGR of 9.0% during the forecast period 2019 - 2027, to account to US$ 1,258.7 Mn by 2027.

The Asia Pacific ceramic fiber market is segmented on the basis of type as - Refractory Ceramic Fiber (RCF), Alkaline Earth Silicate (AES) Wool, and others. The RCF Asia Pacific ceramic fiber market is estimated to hold a dominant share in the market. Refractory ceramic fibers (RCFs) or aluminosilicate wool (ASW) are categorized under man-made vitreous fibers and are known for their insulating qualities. RCFs are manufactured when raw materials such as kaolin clay, Al2O3, SiO2, and ZrO2 are melted together, followed by the process of spinning or blowing into alumino-silicate fibers. These fibers vary from natural mineral fibers asbestos and can be converted into crystalline silica (cristobalite). RCFs are considered as amorphous fibers that belong to a class of materials termed synthetic vitreous fibers (SVFs), also called synthetic mineral fibers (SMFs), man-made mineral fibers (MMMFs), or man-made vitreous fibers (MMVFs). Raw refractory ceramic fibers are present in white or gray color fibrous materials in the form of bulk fiber or blanket form, amongst others.

The Asia Pacific ceramic fiber market is segmented based on product form as a blanket, module, board, paper, and others. The blanket segment accounts for the largest share in the Asia Pacific ceramic fiber market, while the module segment also contributes a significant share in the market. The blanket is considered as a refractory material which possesses low thermal conductivity, high tensile strength, and resilience along with resistance to thermal shocks and chemical attacks. These blankets are made up of long flexible, interwoven fibers manufactured through the "spun" process and exhibit high insulation performance, flexibility, and strength. Blankets made up of ceramic fiber are available in three standard grades, namely commercial, high-purity, and zirconia. These blankets are manufactured in varying dimensions, temperature ratings, and for different applications. Ceramic fiber blankets offer an effective solution to a wide range of thermal management issues.

The Asia Pacific ceramic fiber market is segmented on the basis of the end-use industry as iron and steel, refining and petrochemical, power generation, aluminum, and others. The refining and petrochemical segment accounts for the largest share in the Asia Pacific ceramic fiber market, while the iron and steel segment also contributes a significant share in the market. The demand for the refining and petrochemical industry is rising across the Asia Pacific region, with an increase in industrialization and urbanization. The growing need to lower down the operating costs coupled with an increase in reliability, and less use of energy in various applications such as furnace linings, roofs, and walls are expected to fuel the demand for ceramic fiber in the refining & petrochemical industry. Ceramic fibers possess several properties, such as lightweight, resistance to thermal shock, chemical & corrosion, low thermal conductivity, and high-temperature stability. Also, low operational costs, high reliability, and less energy requirement associated with the use of ceramic fiber in furnace linings, roofs, and walls are boosting its usage across the refining and petrochemical industry.

Reasons to Buy

  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific ceramic fiber market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Key Topics Covered:

1. Introduction

1.1 Scope of the Study

1.2 Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Ceramic Fiber Market Landscape

4.1 Market Overview

4.1.1 APAC PEST Analysis

5. Ceramic Fiber Market - Key Industry Dynamics

5.1 Key Market Drivers

5.2 Key Market Restraints

5.3 Key Market Opportunities

5.4 Future Trends

5.5 Impact Analysis of Drivers and Restraints

6. Ceramic Fiber - Asia Pacific Market Analysis

6.1 Asia Pacific Ceramic Fiber Market Overview

6.2 Asia Pacific Ceramic Fiber Market Forecast and Analysis

7. Asia Pacific Ceramic Fiber Market Analysis - By Type

7.1 Overview

7.2 Asia Pacific Ceramic Fiber Market Breakdown, By Type, 2018 & 2027

7.3 Refractory Ceramic Fiber (RCF)

7.4 Alkaline Earth Silicate (AES) Wool

7.5 Others

8. Ceramic Fiber Market Analysis - By Product Form

8.1 Overview

8.2 Asia Pacific Ceramic Fiber Market Breakdown, By Product Form, 2018 & 2027

8.3 Blanket

8.4 Module

8.5 Board

8.6 Paper

8.7 Others

9. Ceramic Fiber Market Analysis - By End Use Industry

9.1 Overview

9.2 Asia Pacific Ceramic Fiber Market Breakdown, By End Use Industry, 2018 & 2027

9.3 Iron and Steel

9.4 Refining and Petrochemicals

9.5 Power Generation

9.6 Aluminum

9.7 Others

10. Ceramic Fiber Market - Country Analysis

10.1 Overview

10.1.1 Asia Pacific Ceramic Fiber Market Breakdown, by Key Countries

10.1.1.1 Australia Ceramic Fiber Market Revenue Forecasts to 2027 (US$ MN)

10.1.1.2 China Ceramic Fiber Market Revenue and Forecasts to 2027 (US$ MN)

10.1.1.3 India Ceramic Fiber Market Revenue and Forecasts to 2027 (US$ MN)

10.1.1.4 Japan Ceramic Fiber Market Revenue and Forecasts to 2027 (US$ MN)

10.1.1.5 South Korea Ceramic Fiber Market Revenue and Forecasts to 2027 (US$ MN)

10.1.1.6 Rest of Asia Pacific Ceramic Fiber Market Revenue and Forecasts to 2027 (US$ MN)

11. Company Profiles

11.1 Great Lakes Textiles

11.2 HarbisonWalker International, Inc.

11.3 Isolite Insulating Products Co., Ltd.

11.4 Lewco Specialty Products, Inc.

11.5 Luyang Energy-Saving Materials Co., Ltd

11.6 Morgan Advanced Materials

11.7 Nutec Group

11.8 Pyrotek Inc.

11.9 Rath-Group

11.10 Unifrax LLC

For more information about this report visit https://www.researchandmarkets.com/r/vuu56k