Ceramic Fiber Market by Type (RCF, AES Wool), Product Form (Blanket, Module, Board, Paper), End-Use Industry (Refining & Petrochemical, Metals, Power Generation) and Region(Asia Pacific, North America, Europe, Middle East & Africa) - Global Forecast to 2028
The ceramic fiber market size is projected to increase from USD 2.0 billion in 2022 to USD 3.2 billion by 2028, at a CAGR of 8.2%. Rising demand for polymer foam and increasing use in high-temperature and insulation applications are expected to drive the ceramic fiber market during the forecast period. The use of ceramic fiber in fuel cells and its lightweight structure promoting its use in aerospace and automotive industries also supports market growth. The increasing number of stringent regulations supporting energy efficiency is also pushing the ceramic fiber market growth. Other industries that are responsible for the growth of the ceramic fiber market are the pharmaceuticals, agrochemical, and polymer industries.
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Market Dynamics
Driver: Increasing demand for ceramic fiber insulation from high-temperature applications
Because of its remarkable performance in high-temperature applications, ceramic fiber insulation is highly prized. It is the perfect option for processes and businesses that run at high temperatures since it provides a number of advantages. Depending on the particular type, ceramic fiber insulation may endure temperatures of 1800°F to 2300°F (982°C to 1260°C). Even in the most demanding, heat-intensive settings, the insulation will stay durable and effective because to this thermal stability.
Ceramic fiber insulation has a poor thermal conductivity, which reduces the amount of heat that passes through it. In high-temperature machinery like furnaces and kilns, this feature helps to keep temperatures steady and reduce heat loss.
Restraints: Stringent regulations pertaining to the use of carcinogenic materials and durability issue
Due of this classification, certain nations and regions have put safety precautions in place as well as usage requirements for ceramic fibers. The primary focus of these restrictions is occupational RCF exposure in fields where workers may come into contact with ceramic fiber products. To reduce exposure to ceramic fiber dust and fibers, employers are frequently obliged to provide the proper personal protective equipment, training, and ventilation systems.
It's critical to remember that laws and classifications can differ throughout various nations and locations. It is essential to review the most recent safety rules and regulations released by relevant authorities in your particular location because legislation can change over time.
Opportunities: Increasing demand from various applications in aerospace and alternative energy industries
The automotive and aerospace industries' continuous focus on improving fuel efficiency, reducing emissions, and enhancing safety has led to an increased demand for innovative and high-performance materials like ceramic fiber. Heat transfer to other parts of the exhaust system and the environment is minimized because to the use of ceramic fiber in the material. This lowers emissions and increases the engine's overall efficiency.
Challenges: Delayed and increased ocean freights
The entire cost of importing ceramic fiber can be greatly impacted by delayed and increased ocean freight charges. Higher freight costs increase the product's landing cost, which has an impact on the buyer's final price. The extra costs might be passed on to consumers by importers, or they can find alternate sources of supply. Ceramic fiber manufacturers may encounter production slowdowns or even stops due to delayed supply of raw materials. This may affect the marketability of ceramic fiber and cause a shortage of completed goods.
Higher overall procurement prices for ceramic fiber may result from rising ocean freight costs. These extra expenses might have to be borne by importers or passed on to consumers, which could have an impact on product pricing and competition.
Ceramic Fiber Market Ecosystem
Prominent companies in this market include well-established, financially stable ceramic fiber manufacturers. These businesses have been in business for a while and have a extensive range of products, pioneering technologies, and strong international sales and marketing networks. Top companies in this market include Morgan Advanced Materials plc (UK), Alkegen Corporation (US), IBIDEN Co., Ltd. (Japan), Isolite Insulating Products Co., Ltd. (Japan), HarbisonWalker International (US), Nutec FibraTec (Mexico), and RATH Group (Austria).
Based on type, RCF is projected to be the largest market for ceramic fiber, in terms of value, during the forecast period.
RCF is a lightweight, alumina-silica material that has great insulating qualities and can resist high temperatures. It is frequently utilized in a variety of high-temperature applications, including thermal management, furnace linings, and kiln insulation in sectors like petrochemicals, steel, and aerospace. In applications requiring a high degree of heat resistance, seals and gaskets are made using RCF ceramic fiber products. These seals guarantee correct equipment operation and help stop heat leaking.
Based on product form, blanket was the largest segment for ceramic fiber market, in terms of value, in 2021.
Ceramic fiber blankets offer excellent fire resistance, making them suitable for passive fire protection in buildings and industrial facilities. Ceramic fiber blankets' light weight makes handling and installation simple, which lowers labour and transportation costs. Ceramic fiber blankets offer a wide range of uses and many benefits, making them popular in a variety of industries including petrochemicals, steel, aluminium, glass, power generation, and more.
“Asia Pacific is projected to be the fastest growing region during the forecast period, in terms of value”
In the Asia Pacific region, industries like steel, petrochemicals, cement, glass, and electricity production are expanding significantly. Ceramic fiber is widely used in these industries for insulation and high-temperature applications. The need for ceramic fiber in the area has been fuelled by ongoing infrastructure initiatives, especially those involving transportation, energy, and manufacturing facilities.
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Key Market Players
The key players profiled in the report include Morgan Advanced Materials plc (UK), Alkegen Corporation (US), Luyang Energy-Saving Materials Co. Ltd. (China), IBIDEN Co., Ltd. (Japan), Nutec FibraTec (Mexico), and RATH Group (Austria) among others, are the key manufacturers that holds major market share in the last few years. Major focus was given to the collaborations, partnerships and new product development due to the changing requirements of users across the world.
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- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
Scope of the Report
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Report Metric |
Details |
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Years considered for the study |
2017–2028 |
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Base year considered |
2022 |
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Forecast period |
2023–2028 |
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Units considered |
Volume (Kiloton) and Value (USD Million) |
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Segments covered |
Concentration Level, Application, and Region |
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Regions covered |
Asia Pacific, North America, Europe, Middle East & Africa, and South America |
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Companies profiled |
Morgan Advanced Materials plc (UK), Alkegen Corporation (US), IBIDEN Co., Ltd. (Japan), Isolite Insulating Products Co., Ltd. (Japan), HarbisonWalker International (US), Nutec FibraTec (Mexico), and RATH Group (Austria) |
This report categorizes the global ceramic fiber market based on type, product form, end-use industry, and region.
On the basis of type, the ceramic fiber market has been segmented as follows:
- RCF
- AES Wool
- Others
On the basis of product form, the ceramic fiber market has been segmented as follows:
- Blanket
- Module
- Board
- Paper
- Others
On the basis of end-use industry, the ceramic fiber market has been segmented as follows:
- Refining & Petroleum
- Metals
- Power Generation
- Others
On the basis of region, the ceramic fiber market has been segmented as follows:
- Asia Pacific
- North America
- Europe
- Middle East & Arica
- South America
Recent Developments
- In May 2023, Morgan Advanced Materials announced their commercial startup of 50+% Yixing factory expansion. Yixing plant manufacturers TJM Insulation Firebricks (IFB), this expansion will help the company to fulfill customer needs from China and Asia in petrochemicals, iron & steel, aluminum and cathode materials.
- In February 2023, Platinum equity announced the acquisition of HarbisonWalker International. Platinum Equity is a global investment company firm with approximately USD 36 Billion of assets under management and a portfolio of approximately 50
- In January 2021, Alkegen Corporation launched new product. The company offer the same benefits as previous Fiberfrax blankets, now with physical properties enhanced to improve thermal performance, improved handling, and increased strength. These needled blankets combine innovative proprietary technology with proven performance to create high-performance RCF blanket products.
Frequently Asked Questions (FAQ):
What are the major developments impacting the market?
The chances for use ceramic fiber in aerospace industry is expected to shift market trends.
Who are major players in ceramic fiber market?
Morgan Advanced Materials plc (UK), Alkegen Corporation (US), IBIDEN Co., Ltd. (Japan), Isolite Insulating Products Co., Ltd. (Japan), HarbisonWalker International (US), Nutec FibraTec (Mexico), and RATH Group (Austria).
What is the major end-use industry of ceramic fiber?
Oil & gas is the major end-use industry for ceramic fiber market during the forecast period.
What are the major factors restraining market growth during the forecast period?
Stringent regulations pertaining to the use of carcinogenic materials and durability issue
What are the various strategies key players are focusing within hydrate market market?
Key players are majorly focused on new product launch and partnering with local or regional players within the market, in order to attract larger market share globally. .
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The study involved four major activities in estimating the market size for ceramic fiber market. Intensive secondary research was done to gather information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Post that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.
Secondary Research
Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:
Primary Research
The ceramic fiber market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized from key opinion leaders in various applications for the ceramic fiber market. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2022 available in the public domain, product portfolios, and geographical presence.
Other designations include consultants and sales, marketing, and procurement managers.
To know about the assumptions considered for the study, download the pdf brochure
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COMPANY NAME |
DESIGNATION |
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Arkema S.A. |
Global Strategy & Innovation Manager |
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Lanxess AG |
Technical Sales Manager |
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Lonza Group AG |
Senior Supervisor |
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LGC Science Group Holdings Limited |
Production Supervisor |
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the ceramic fiber market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry have been identified through extensive secondary research.
- The supply chain of the industry has been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
- All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
Ceramic fiber Market: Bottom-Up Approach
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Ceramic fiber Market: Top-Down Approach
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into respective segments and subsegments. To realize the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply sides in the ceramic fiber industry.
Market Definition
According to the National Toxicology Program of the US Department of Health and Human service, ceramic fibers comprise a wide range of amorphous or crystalline synthetic mineral fibers characterized by their refractory properties. They typically are made of alumina, silica, and other metal oxides or, less commonly, of non-oxide materials such as silicon carbide. As there are several types of ceramic fibers, such fibers exhibit a range of chemical and physical properties. Ceramic fibers are used as insulation materials because of their ability to withstand high temperatures and are used primarily for lining furnaces and kilns. The products are in the form of blankets, boards, felts, bulk fibers, vacuum-formed or cast shapes, paper, and textiles. Their low weight, thermal shock resistance, and strength make them useful in a number of industries.
Key Stake Holders
- Ceramic fiber manufacturers
- Raw material manufacturers
- Government planning commissions and research organizations
- Industry associations
- End-use industries
- R&D institutions
Report Objectives
- To analyze and forecast the size of the ceramic fiber market in terms of volume and value
- To provide detailed information regarding key factors, such as drivers, restraints, challenges, and opportunities influencing the growth of the market
- To define, describe, and segment the ceramic fiber market based on type, product form, and end-use industry
- To forecast the size of the market segments for regions such as Asia Pacific, North America, Europe, South America, and the Middle East & Africa
- To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
- To identify and analyze opportunities for stakeholders in the market
- To strategically profile key players and comprehensively analyze their core competencies
Available Customizations
Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional Analysis
- Further breakdown of a region with respect to a particular country or additional application type
Company Information
- Detailed analysis and profiles of additional market players (up to five)
Generating Response ...
Growth opportunities and latent adjacency in Ceramic Fiber Market
Market feasibility on ceramic fiber board
ceramic fiber paper market
Data on market size and share by region of Ceramic Fibres, market drivers and opportunities.
Market information on global Cermaic fiber market
Global Market Opportunity Study study on Alumino Silicate Wool (ASW) also known as Refractory Ceramic Fibre (RCF) – H.S. Code 6806 68 06 00 00.
Information on ceramic fiber blanket roll pricing