Ceramic Fiber Market by Type (Refractory, Low Bio-persistence, Polycrystalline), End-product (Blanket, Module, Bulk, Board, Paper), and End-use Industry (Petrochemical, Iron & Steel, Aluminum, Ceramics, Power Generation) - Global Trends & Forecasts to 2020

The global ceramic fiber market is projected to register a CAGR of 9.4% for the forecast period to reach USD 5.00 Billion by 2020. In this study, 2014 has been considered as the base year, and 2015–2020 as forecast years for estimating the market size. The global ceramic fiber market is segmented on the basis of type, end product, end-use industry, and region.

Both, top-down and bottom-up approaches have been used to estimate and validate the market size of ceramic fibers. Data have been gathered through secondary as well as primary research. Secondary research involves study of free and paid information available over the Internet. Primary research involves collecting and verifying information from key opinion leaders (KOLs) through telephonic interviews and mails. KOLs are industry experts representing manufacturers, distributors, raw material suppliers, technology suppliers, and independent consultants.

For this report, various secondary sources, such as, directories, technical handbooks, company annual reports, industry association publications, chemical magazine articles, world economic outlook, trade websites, and databases have been referred to identify and collect information useful for this extensive commercial study of the ceramic fiber market. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess future prospects and market estimations.

The ceramic fiber ecosystem comprises sourcing of silicon dioxide (SiO2) and aluminum oxide (Al2O3), the basic raw materials used for ceramic fiber production. The basic ceramic fiber which is manufactured by the above-mentioned raw materials is bulk from which other products are being made. So, bulk is the basic raw material for manufacturing other ceramic fiber products manufactured by players such as Morgan Thermal Ceramics (U.K.) and Unifrax Corp. (U.S.). Different varieties of ceramic fiber end products are made from bulk, which include ceramic fiber board, module, paper, and other textile-related products. The requirement of these products depends on their usage and conditions in which they have to operate, such as optimum temperature, robustness, rigidness, availability of space and depending on the kind of ceramic fiber required, RCF, bio soluble fiber, and polycrystalline. The products are distributed through various channels to end users.

The target audience of the report can be as follows:

• Ceramic fiber manufacturers
• Chemical suppliers
• Insulation products manufacturers
• Government and research organizations
• Ceramic fiber traders, distributors, and suppliers
• Investment houses
• Equity research firms

Scope of the Report

• On the basis of type:
  • Refractory Ceramic Fiber (RCF)
  • Low bio-persistent
  • Polycrystalline
  
  
• On the basis of end product:
  • Bulk
  • Blanket
  • Board
  • Paper
  • Module
  • Textile & Others
  
  
• On the basis of end-use industries:
  • Petrochemical
  • Iron & Steel
  • Aluminum
  • Ceramics
  • Power Generation
  • Other End-use applications
  
  
• On the basis of region:
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Western Europe
      • Germany
      • France
      • U.K.
      • Italy
    • Eastern Europe
      • Russia
  • Asia-Pacific
    • China
    • South Korea
    • Japan
    • India
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

• Product Matrix that gives a detailed comparison of product portfolio of each company

Country Analysis

• Further breakdown of a country with respect to end-use industry

Company Information

• Detailed analysis and profiling of additional market players (Up to 5).

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Market
           1.3.1 Markets Covered
           1.3.2 Years Considered in the Report
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Market Opportunity for Ceramic Fiber Manufacturers
    4.2 Global Ceramic Fiber Market Growing at A High Rate
    4.3 Market Scenario in Asia-Pacific
    4.4 Market Share, By Type
    4.5 Life Cycle Analysis

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Ceramic Fiber Used as Insulation Material in High Temperature Applications
    5.3 Market Segmentation
           5.3.1 By Type
           5.3.2 By End-Use Industry
           5.3.3 By End Product
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Property of Ceramic Fiber to Contain Heat in High Temperature Applications is Mainly is Driving the Market
                    5.4.1.2 Growth of End-Use Industries
           5.4.2 Restraints
                    5.4.2.1 Carcinogenic Nature of RCF
                    5.4.2.2 Durability Issues
           5.4.3 Opportunities
                    5.4.3.1 Emerging Applications

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Value-Chain Analysis
           6.2.1 Raw Material Analysis
           6.2.2 Bulk Form Used for the Production of Other Ceramic Fiber Products
           6.2.3 Ceramic Fiber Products
           6.2.4 Distribution Network
           6.2.5 Marketing & Sales
           6.2.6 After-Sales Service
    6.3 Pricing Analysis
           6.3.1 Factors Affecting Price of Ceramic Fibers
                    6.3.1.1 Raw Material/Feedstock
                    6.3.1.2 Labor Cost
                    6.3.1.3 Exchange Rate
           6.3.2 Price Variation – Ceramic Fiber Products
    6.4 Porter’s Five Forces Analysis
           6.4.1 Threat of New Entrants
           6.4.2 Bargaining Power of Suppliers
           6.4.3 Threat of Substitutes
           6.4.4 Bargaining Power of Buyers
           6.4.5 Intensity of Rivalry
    6.5 Insightful Policies & Regulations

7 Ceramic Fiber Market, By Type (Page No. - 53)
    7.1 Introduction
    7.2 Classification of Ceramic Fiber
           7.2.1 Vitreous Alumina-Silica Ceramic Fiber
                    7.2.1.1 Refractory Ceramic Fiber—RCF
                                7.2.1.1.1 Regional Analysis
                    7.2.1.2 Low Bio-Persistent Ceramic Fiber
                    7.2.1.3 Regional Analysis
           7.2.2 Polycrystalline Ceramic Fibers
                    7.2.2.1 Regional Analysis

8 Market, By End Product (Page No. - 65)
    8.1 Introduction
    8.2 Bulk
           8.2.1 Overview
           8.2.2 Regional Analysis
    8.3 Blanket
           8.3.1 Overview
           8.3.2 Regional Analysis
    8.4 Board
           8.4.1 Overview
           8.4.2 Regional Analysis
    8.5 Paper
           8.5.1 Overview
           8.5.2 Regional Analysis
    8.6 Modules
           8.6.1 Overview
           8.6.2 Regional Analysis
    8.7 Textile & Others
           8.7.1 Overview
           8.7.2 Regional Analysis

9 Ceramic Fiber Market, By End-Use Industry (Page No. - 81)
    9.1 Introduction
    9.2 Petrochemicals
           9.2.1 Overview
           9.2.2 Market Analysis, By Region
           9.2.3 Market Analysis, By End Product
    9.3 Iron & Steel
           9.3.1 Overview
           9.3.2 Market Analysis, By Region
           9.3.3 Market Analysis, By End Product
    9.4 Aluminum
           9.4.1 Overview
           9.4.2 Market Analysis, By Region
           9.4.3 Market Analysis, By End Product
    9.5 Ceramics
           9.5.1 Overview
           9.5.2 Market Analysis, By Region
           9.5.3 Market Analysis, By End Product
    9.6 Power Generation
           9.6.1 Overview
           9.6.2 Market Analysis, By Region
           9.6.3 Market Analysis, By End Product
    9.7 Other End-Use Industries
           9.7.1 Overview
           9.7.2 Market Analysis, By Region
           9.7.3 Market Analysis, By End Product

10 Regional Analysis (Page No. - 97)
     10.1 Introduction
     10.2 North America
              10.2.1 Overview
              10.2.2 Market Analysis, By End-Use Industry
              10.2.3 Market Analysis, By Type
              10.2.4 Market Analysis, By Country
              10.2.5 Market Analysis, By End Product
              10.2.6 Key Manufacturers of Ceramic Fiber in North America
     10.3 Europe
              10.3.1 Overview
              10.3.2 Market Analysis, By End-Use Industry
              10.3.3 Market Analysis, By Type
              10.3.4 Market Analysis, By Region
                         10.3.4.1 Western Europe Market Analysis, By Country
                         10.3.4.2 Eastern Europe Market Analysis, By Country
              10.3.5 Market Analysis, By End Product
              10.3.6 Key Manufacturers of Ceramic Fiber in Europe
     10.4 Asia-Pacific
              10.4.1 Overview
              10.4.2 Market Analysis, By End-Use Industry
              10.4.3 Market Analysis, By Type
              10.4.4 Market Analysis, By Country
              10.4.5 Market Analysis, By End Products
              10.4.6 Key Manufacturers of Ceramic Fiber in Asia-Pacific
     10.5 RoW
              10.5.1 Overview
              10.5.2 Market Analysis, By End-Use Industry
              10.5.3 Market Analysis, By Type
              10.5.4 Market Analysis, By End-Product

11 Competitive Landscape (Page No. - 120)
     11.1 Overview
     11.2 New Product Launches and Acquisitions: the Most Popular Growth Strategies
     11.3 Maximum Developments in 2014
     11.4 Competitive Situations and Trends
              11.4.1 New Product Launches
              11.4.2 Acquisitions
              11.4.3 Expansion
              11.4.4 Fund Raising
              11.4.5 Partnership/Agreement/Contract

12 Company Profiles (Page No. - 127)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     12.1 Morgan Thermal Ceramics
     12.2 Unifrax Corp.
     12.3 Ibiden Co. Ltd.
     12.4 Luyang Energy-Saving Materials Co. Ltd.
     12.5 Isolite Insulating Products Co. Ltd.
     12.6 Nutec Fibratec
     12.7 Yeso Insulating Products Co. Ltd.
     12.8 General Insulation Europe Ltd.
     12.9 Thermost Thermotech Co. Ltd.
     12.10 Rath Inc.

*Details Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 145)
     13.1 Exhaustive List of Ceramic Fiber Manufacturers
     13.2 Insights of Industry Experts
     13.3 Discussion Guide
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports

List of Tables (119 Tables)

Table 1 Ceramic Fiber Market Segmentation, By Type
Table 2 Market Segmentation, By End-Use Industry
Table 3 Growth of End-User Industries Boosting the Growth of Ceramic Fiber Market
Table 4 Energy Consumption, By Industry
Table 5 Growth of End-Use Industry, 2009-2014
Table 6 Carcinogenic Nature of Ceramic Fiber Restraining the Market Growth
Table 7 Emerging Applications to Be the New Revenue Pockets for the Ceramic Fiber Market
Table 8 Emerging Applications of Ceramic Fiber
Table 9 Ceramic Fiber Market, Average Price, By End-Products,2011–2020 (USD/Kg)
Table 10 Ceramic Fiber Market, Average Price, By Type, 2011–2020 (USD/Kg)
Table 11 Exposure Limits for RCF Worldwide
Table 12 Ceramic Fiber Regulations Worldwide
Table 13 Market Size, By Type, 2011-2020 (USD Million)
Table 14 Market Size, By Type, 2011-2020 (Kiloton)
Table 15 Comparison Between RCF & Asbestos Fibers
Table 16 RCF Ceramic Fiber Market Size, By Region, 2011-2020 (USD Million)
Table 17 RCF Market Size, By Region, 2011-2020 (Kiloton)
Table 18 Low Bio-Persistent Ceramic Fiber Products for Morgan Thermal Ceramics
Table 19 Low Bio-Persistent Ceramic Fiber Products for Unifrax Corporation
Table 20 Low Bio-Persistent Ceramic Fiber Products for Luyang Energy-Saving Materials Co., Ltd.
Table 21 Low Bio-Persistent Ceramic Fiber Market Size, By Region,2011-2020 (USD Million)
Table 22 Low Bio-Persistent Market Size, By Region,2011-2020 (Kiloton)
Table 23 Comparison Between Polycrystalline Ceramic Fibers & Vitreous Alumina-Silica Ceramic Fiber
Table 24 Polycrystalline Ceramic Fiber Market Size, By Region,2011-2020 (USD Million)
Table 25 Polycrystalline Market Size, By Region,2011-2020 (Kiloton)
Table 26 Global Market Size, By End Product,2011-2020 (USD Million)
Table 27 Global Market Size, By End Product,2011-2020 (Kiloton)
Table 28 Ceramic Fiber Bulk: Application, By Industry
Table 29 Bulk: Ceramic Fiber Market Size, By Region, 2011-2020 (Kiloton)
Table 30 Bulk: Market Size, By Region, 2011-2020 (USD Million)
Table 31 Ceramic Fiber Blanket: Application, By Industry
Table 32 Blanket: Market Size, By Region, 2011-2020 (Kiloton)
Table 33 Blanket: Market Size, By Region, 2011-2020 (USD Million)
Table 34 Ceramic Fiber Boards: Application, By Industry
Table 35 Board: Market Size, By Region, 2011-2020 (Kiloton)
Table 36 Board: Market Size, By Region, 2011-2020 (USD Million)
Table 37 Ceramic Fiber Paper: Application, By Industry
Table 38 Paper: Market Size, By Region, 2011-2020 (Kiloton)
Table 39 Paper: Market Size, By Region, 2011-2020 (USD Million)
Table 40 Ceramic Fiber Modules: Application, By Industry
Table 41 Module: Market Size, By Region, 2011-2020 (Kiloton)
Table 42 Module: Market Size, By Region, 2011-2020 (USD Million)
Table 43 Ceramic Fiber Textile & Other Products: Application, By Industry
Table 44 Textile & Others: Market Size, By Region,2011-2020 (Kiloton)
Table 45 Textile & Others: Market Size, By Region,2011-2020 (USD Million)
Table 46 Global Ceramic Fiber Market Size, By End-Use Industry,2011-2020 (USD Million)
Table 47 Global Market Size, By End-Use Industry,2011-2020 (Kiloton)
Table 48 Ceramic Fiber Market Size in Petrochemical, By Region,2011-2020 (USD Million)
Table 49 Ceramic Fiber Market Size in Petrochemical, By Region,2011-2020 (Kiloton)
Table 50 Ceramic Fiber Market Size in Petrochemical, By End Product,2011-2020 (Kiloton)
Table 51 Ceramic Fiber Market Size in Iron & Steel, By Region,2011-2020 (USD Million)
Table 52 Ceramic Fiber Market Size in Iron & Steel, By Region,2011-2020 (Kiloton)
Table 53 Ceramic Fiber Market Size in Iron & Steel, By End Product,2011-2020 (Kiloton)
Table 54 Ceramic Fiber Market Size in Aluminum, By Region,2011-2020 (USD Million)
Table 55 Ceramic Fiber Market Size in Aluminum, By Region, 2011-2020 (Kiloton)
Table 56 Ceramic Fiber Market Size in Aluminum, By End Products,2011-2020 (Kiloton)
Table 57 Ceramic Fiber Market Size in Ceramic, By Region,2011-2020 (USD Million)
Table 58 Ceramic Fiber Market Size in Ceramic, By Region, 2011-2020 (Kiloton)
Table 59 Ceramic Fiber Market Size in Ceramic, By End Products,2011-2020 (Kiloton)
Table 60 Ceramic Fiber Market Size in Power Generation, By Region,2011-2020 (USD Million)
Table 61 Ceramic Fiber Market Size in Power Generation, By Region,2011-2020 (Kiloton)
Table 62 Ceramic Fiber Market Size in Power Generation, By End Products,2011-2020 (Kiloton)
Table 63 Ceramic Fiber Market Size in Other End-Use Industries, By Region,2011-2020 (USD Million)
Table 64 Ceramic Fiber Market Size in Other End-Use Industries, By Region,2011-2020 (Kiloton)
Table 65 Ceramic Fiber Market Size in Other End-Use Industries, By End Products, 2011-2020 (Kiloton)
Table 66 Ceramic Fiber Market Size, By Region, 2011–2020 (Kiloton)
Table 67 Market Size, By Region, 2011–2020 (USD Million)
Table 68 North America: Market Size, By End-Use Industry,2011–2020 (Kiloton)
Table 69 North America: Market Size, By End-Use Industry,2011–2020 (USD Million)
Table 70 North America: Market Size, By Type, 2011–2020 (Kiloton)
Table 71 North America: Market Size, By Type,2011–2020 (USD Million)
Table 72 North America: Market Size, By Country,2011–2020 (Kiloton)
Table 73 North America: Market Size, By Country,2011–2020 (USD Million)
Table 74 North America: Market Size, By End Product,2011–2020 (Kiloton)
Table 75 North America: Market Size, By End Product,2011–2020 (USD Million)
Table 76 North America: Key Ceramic Fiber Companies Mapped Against End Product
Table 77 Europe: Ceramic Fiber Market Size, By End-Use Industry,2011–2020 (Kiloton)
Table 78 Europe: Market Size, By End-Use Industry,2011–2020 (USD Million)
Table 79 Europe: Market Size, By Type, 2011–2020 (Kiloton)
Table 80 Europe: Market Size, By Type, 2011–2020 (USD Million)
Table 81 Europe: Market Size, By Region, 2011-2020 (Kiloton)
Table 82 Europe: Market Size, By Region, 2011-2020 (USD Million)
Table 83 Western Europe: Market Size, By Country,2011-2020 (Kiloton)
Table 84 Western Europe: Market Size, By Country,2011-2020 (USD Million)
Table 85 Eastern Europe: Market Size, By Country,2011-2020 (Kiloton)
Table 86 Eastern Europe: Market Size, By Country,2011-2020 (USD Million)
Table 87 Europe: Market Size, By End Product,2011–2020 (Kiloton)
Table 88 Europe: Market Size, By End Product,2011–2020 (USD Million)
Table 89 Europe: Key Ceramic Fiber Companies Mapped Against End-Product
Table 90 Asia-Pacific: Ceramic Fiber Market Size, By End-Use Industry,  2011–2020 (Kiloton)
Table 91 Asia-Pacific: Market Size, By End-Use Industry,2011–2020 (USD Million)
Table 92 Asia-Pacific: Market Size, By Type, 2011–2020 (Kiloton)
Table 93 Asia-Pacific: Market Size, By Type, 2011–2020 (USD Million)
Table 94 Asia-Pacific: Market Size, By Country, 2011–2020 (Kiloton)
Table 95 Asia-Pacific: Market Size, By Country,2011–2020 (USD Million)
Table 96 Asia-Pacific: Market Size, By End Product,2011–2020 (Kiloton)
Table 97 Asia-Pacific: Market Size, By End Product,2011–2020 (USD Million)
Table 98 Asia-Pacific: Key Ceramic Fiber Companies Mapped Against End-Product
Table 99 RoW: Ceramic Fiber Market Size, By End-Use Industry,2011–2020 (Kiloton)
Table 100 RoW: Market Size, By End-Use Industry,2011–2020 (USD Million)
Table 101 RoW: Market Size, By Type, 2011–2020 (Kiloton)
Table 102 RoW: Market Size, By Type, 2011–2020 (USD Million)
Table 103 RoW: Market Size, By End Product, 2011–2020 (Kiloton)
Table 104 RoW: Market Size, By End Product,2011–2020 (USD Million)
Table 105 New Product Launches, 2009–2015
Table 106 Acquisitions, 2009—2014
Table 107 Expansion, 2012-2015
Table 108 Fund Raising, 2009—2014
Table 109 Partnership/Agreement/Contract, 2009—2014
Table 110 Morgan Thermal Ceramics: Products Offered
Table 111 Unifrax Corp.: Products Offered
Table 112 Ibiden Co. Ltd.: Products Offered
Table 113 Luyang Energy-Saving Materials Co. Ltd.: Products Offered
Table 114 Isolite Insulating Products Co. Ltd.: Products Offered
Table 115 Nutec Fibratec: Products Offered
Table 116 Yeso Insulating Products Co. Ltd.: Products Offered
Table 117 General Insulation Europe Ltd.: Products Offered
Table 118 Thermost Thermotech Co. Ltd.: Products Offered
Table 119 Rath Incorporated: Products Offered
 
 
List of Figures (50 Figures)
 
Figure 1 Ceramic Fiber Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Breakdown & Data Triangulation
Figure 5 Ceramic Fiber End-Use Industry Snapshot (2015 vs. 2020): Market for Petrochemical Industry to Grow at the Highest Rate
Figure 6 Market Snapshot, By Type (2015 vs. 2020)
Figure 7 Ceramic Fiber Market Share (Volume), By Region, 2014
Figure 8 Attractive Opportunity in the Ceramic Fiber Market
Figure 9 Global Ceramic Fiber Market: Asia-Pacific to Register the Highest Growth Between 2015 and 2020
Figure 10 Ceramic Fiber Market in Asia–Pacific: China is the Growth Engine OfThe Region
Figure 11 RCF is the Dominant Ceramic Fiber Type Consumed in the Asia-Pacific, While Low Bio-Persistent & Polycrystalline are the Major Ones in Europe
Figure 12 Asia-Pacific and RoW are the Potential High Growth Markets for Ceramic Fiber
Figure 13 Ceramic Fiber Application as High Temperature Insulating Material
Figure 14 Market Segmentation, By End Product
Figure 15 Overview of the Forces Governing the Ceramic Fiber Market
Figure 16 Value Chain for Ceramic Fiber Market
Figure 17 Porter’s Five Forces Analysis – Stringent Regulatory Requirement and High Product Differentiation Affects Ceramic Fibers Market
Figure 18 RCF Dominates the Ceramic Fiber Market
Figure 19 Asia-Pacific Dominates the Refractory Ceramic Fiber Market Between 2015 and 2020
Figure 20 Low Bio-Persistent Ceramic Fiber Market, By Region, 2015-2020
Figure 21 Europe: Largest Market for Polycrystalline Ceramic Fibers
Figure 22 Board and Blanket: Most Widely Used Ceramic Fiber End Products
Figure 23 Bulk: Ceramic Fiber Market Size, By Region, 2015-2020
Figure 24 Blanket: Market Size, By Region, 2015-2020
Figure 25 Board: Market Size, By Region, 2015-2020
Figure 26 Paper: Market Size, By Region, 2015–2020
Figure 27 Modules: Market Size, By Region, 2015-2020
Figure 28 Textile & Others: Market Size, By Region, 2015-2020
Figure 29 Petrochemical Industry: the Largest End-Use Industry of Ceramic Fiber Products
Figure 30 Evolution of Shale Gas & Coal Gasification Technology to Drive Ceramic Fiber Market in Petrochemical Industry
Figure 31 Rising Construction Activities in Asia-Pacific Fuelling the Growth of Ceramic Fiber Market in Iron & Steel Industry
Figure 32 Aluminum Ceramic Fiber Market, By Region, 2015-2020
Figure 33 Ceramic Fiber Market in Ceramic Industry, By Region, 2015–2020
Figure 34 Rising Energy Needs in Developing Economies of Asia-Pacific to Fuel Increased Usage of Ceramic Fiber in Power Generation Industry
Figure 35 Asia-Pacific Ceramic Fiber Market to Register Highest Growth in Other End-Use Industries Segment
Figure 36 Regional Snapshot: Rapidly Growing Markets are Emerging as New Hotspots
Figure 37 Asia-Pacific and RoW are Set to Register A High Growth Rate
Figure 38 North America Market Snapshot
Figure 39 Europe Ceramic Fiber Market, By End-Use Industry, 2015–2020
Figure 40 Asia-Pacific Ceramic Fiber Market Snapshot
Figure 41 RoW Ceramic Fiber Market, By End-Use Industry, 2015–2020
Figure 42 Companies Adopted Product Development & Launch as the Key Growth Strategy, 2009–2015
Figure 43 Major Growth Strategies in Ceramic Fiber Market, 2011–2015
Figure 44 Developments in the Global Ceramic Fiber Market, 2009–2015
Figure 45 Morgan Thermal Ceramics : SWOT Analysis
Figure 46 Unifrax Corp.: SWOT Analysis
Figure 47 Ibiden Co. Ltd.: Company Snapshot
Figure 48 Ibiden Co. Ltd.: SWOT Analysis
Figure 49 Luyang Energy-Saving Materials Co. Ltd.: SWOT Analysis
Figure 50 Isolite Insulating Products Co. Ltd.: SWOT Analysis

The ceramic fiber market is projected to reach USD 5.00 Billion by 2020, registering a CAGR of 9.4% between 2015 and 2020. Ceramic fibers have gained acceptance due to thier properties, such as high temperature resistance, superior tensile strength, energy efficient, and better flexibility.

The ceramic fiber market is analyzed with respect to types, end products, and end-use industries. Refractory ceramic fiber (RCF), low bio-persistent ceramic fiber, and polycrystalline ceramic fiber are the main three types of ceramic fiber types. RCF accounted for the largest market share followed by low bio-persistent and polycrystalline ceramic fiber. Stringent regulations and increasing environmental awareness are driving the market for low bio-persistent and polycrystalline ceramic fiber in Europe and North America owing to the carcinogenic nature of RCF. However in Asia-Pacific, there are no such strict regulations, the factor which is driving the RCF market in the region.

Petrochemical, iron & steel, aluminum, ceramic, and power generation are the major end-use industries of ceramic fibers. Petrochemical is the largest end-use industry for ceramic fibers. The demand for ceramic fibers in the petrochemical industry is driven by the increasing demand of its end products such as polymers and elastomers in India and China. The evolution of shale gas & coal gasification technology in North America is also boosting the use of ceramic fibers in the petrochemical industry.

RCF dominated the ceramic fiber market with Asia-Pacific as the largest market in 2014 and the trend is expected to remain same during the forecast period. Europe is the leading market for low bio-persistent and polycrystalline ceramic fibers owing to the carcinogenic nature of RCF and stringent regulatory framework in the region. The ceramic fiber market has also been analysed by end products. Bulk, blanket, paper, board, and module are the major end products studied.

Asia-Pacific, being the global manufacturing hub of the world, is the largest market for ceramic fibers. Economies such as China and India and growing activities in the construction, energy, industrial, and automotive sectors provide a further push to ceramic fiber market. Lower cost of production has provided a great opportunity for the global players to place them in the Asia-Pacific region, especially, in the developing nations such as China and India.

In the ceramic fiber market, the industry comprises several global and regional players such as Morgan Thermal Ceramics (U.K.), Unifrax Corp. (U.S.), Luyang Energy-saving Materials Co. Ltd. (China), IBIDEN Co. Ltd. (Japan), Isolite Insulating Products Co., Ltd. (Japan), and Nutec Fibratec (Mexico) among others. The global companies are continuously expanding their operations by forming agreements with domestic distributors for stronger distribution network.