The ceramic fiber market is expected to record a cagr of over 4 during the forecast period.
Ceramic fiber market.
On the basis of type the ceramic fiber market is segmented into refractory ceramic fiber rcf aes wool and others.
The global ceramic fiber market amounted to 1 55 billion u s.
Cagr is 9 84 during the forecast period this review shows the latest events in the manufacture of ceramic fibers using a chemical process called pre ceramic polymer pyrolysis.
The report on ceramic fiber market offers in depth analysis on market trends drivers restraints opportunities etc.
Dollars in 2018 and is expected to grow at a cagr of 8 4 percent during the forecast period from 2019 to 2027 to amount to 3 15.
Among these the rcf type category holds a larger share in the market due to the increasing demand for low cost low heat storage high thermal stability fiber.
Ceramic fiber is used in the aerospace sector as it is light in weight has high compressive strength and optimizes thermal performance without the use of a vacuum.
Global ceramic fiber market.
The ceramic fiber market has been segmented by t ype rcf aes wool by p roduct form blanket board paper and module by e nd use i ndustry r efining p etrochemical i ron s teel p ower.
Market size estimation and forecasts have been provided based on a unique research design customized to the dynamics of the ceramic fiber market.
The major factor driving the market studied is the growing demand form the power industry and the growing use of the high temperature industrial furnace.
Ceramic fiber is a kind of synthetic mineral wool that is resistant to temperatures above 1000 c.