Global Ceramic Fiber Market

Its characteristics are as follows:

--> High temperature stability

--> Low thermal conductivity

--> Low heat storage

--> Exceptional thermal shock resistance

--> Light weight

--> Superior corrosion resistance

There are two types of ceramic fiber- based on service temperature:

--> Vitreous CF: below 1250°C

--> Crystalline CF: above 1250°C

End-user/Technology

The first step towards manufacturing the ceramic fiber is sourcing the basic raw materials constituting the same, i.e. silicon dioxide (SiO2) and aluminium oxide (Al2O3). Their requirement depends on the type of application and environmental conditions in which they operate- like temperature, rigidity, robustness, and space availability. The type of ceramic fiber used also varies the ratios and quantity of the raw materials used, i.e. RCF, polycrystalline, or bio soluble fiber. The distribution channel varies with the end-user and the quantity and frequency of their requirements.

Market Dynamics

The type of growth in this industry is mostly inorganic- with firms opting for M&A and partnerships. Other strategies used to gain competitive advantage include signing contracts and agreements, and coming up with new products when needed. An example is that of the partnership of Morgan Advance Materials with the global aerospace giant Airbus Safran Launchersto develop and manufacture ceramic thruster chambers to aid satellite propulsion using ion beam engines in May 2017.

Despite the significant industry growth, new entrants are deterred due to their limited access to the manufacturing technology and the existing international vendors who are already established in terms of the quality and reliability that they offer. Moreover, their experience assists them in coming up with innovative technology.

The industry growth is due to the adoption of environment friendly technologies compatible with the regulations and laws being introduced in various nations.

Market Segmentation

The global ceramic fiber market can be segmented on the following bases:

--> Product type

o Low Bio-Persistant

o Polycrystalline

o Refractory

The Refractory ceramic fibermarket holds the largest market share. The highest growth can be observed in the Low Bio-Persistant ceramic fiber and is expected to increase steadily.

--> End-user

o Ceramics

o Iron and steel

o Petrochemicals

o Power generation

The petrochemical industry holds the largest market share- accounting for more than 38% of the global market share. This is attributed to its utility in that industry due to properties like temperature insulation- leading to reduced costs. The aerospace industry is another growing segment in the market- with applications in satellite propulsion.

Regional/Geographic Analysis

The Asia Pacific accounted for the largest market share in 2016. This is majorly attributed to the major ceramic fiber manufacturing economies like China, Japan, India, and South Korea. Other factors include activities in the construction, automotive, energy and industrial sectors in India and China and the easy availability of low-cost ceramic fiber. The largest share in this region is that of the Refractory ceramic fiber.

Key Players

The global ceramic market is monopolistic in nature- with the key players involved in 90% of the ceramic production. These include the following:

Ceramsource, Inc., General Insulation Europe Ltd, Isolite Insulating Products Co, Luyang Energy Saving Materials Co, Morgan Thermal Ceramics, Thermost Themtech, Unifrax Corporation

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage