Ceramic Fiber Market

Global ceramic fiber market.

Ceramic fiber market. The ceramic fiber market was estimated at usd 1 71 billion in 2020 and is expected to reach usd2 72 billion in 2025. 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. On the basis of type the ceramic fiber market is segmented into refractory ceramic fiber rcf aes wool and others. The ceramic fiber market is expected to record a cagr of over 4 during the forecast period.

Ceramic fiber is a kind of synthetic mineral wool that is resistant to temperatures above 1000 c. The report on ceramic fiber market offers in depth analysis on market trends drivers restraints opportunities etc. The global ceramic fiber market amounted to 1 55 billion u s. 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.

For the forecast years. 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. 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. 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.