Higher thermal efficiency in comparison to substitutes to escalate the North America ceramic fiber market at a CAGR of 8.5%
Latest market study on "North America Ceramic Fiber Market to 2027 - Analysis and Forecasts by Type (Refractory Ceramic Fiber (RCF), Alkaline Earth Silicate (AES) Wool, Others), By Product Form (Blanket, Module, Board, Paper, Others), By End Use Industry (Iron and Steel, Refining and Petrochemical, Power Generation, Aluminum, Others), and Countries". The North America ceramic fiber market, accounted to US$ 333.2 Mn in 2018 and is expected to grow at a CAGR of 8.5% during the forecast period 2019 - 2027, to account to US$ 682.8 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Ceramic fibers are the low thermal mass insulation materials that have been known to revolutionize the furnace design lining system. Ceramic fiber is aluminosilicate materials that are produced by melting and blending silica and aluminum at temperatures of approximately 1800oC to 2000oC, followed by breaking the molten stream by blowing the compressed air or by spilling the melt on the spinning disc to form bulk or loose ceramic fiber. Along with the significant characteristics of ceramic fiber, such as lower heat storage, lightweight, chemical resistance, thermal shock resistance, lower thermal conductivity, and others, one of the significant characteristics of ceramic fiber is its thermal efficiency. The low thermal energy of ceramic fiber can be perfectly made use of by the reduced furnace volume and lesser lining thickness of the furnace. The swift response of ceramic fiber lined furnace assists in more accurate control and uniform temperature distribution in the furnace. Ceramic fiber is used as thermal insulator, considering its low thermal conductivity and poor conduction of heat. Thermal insulators are used in construction and manufacturing processes that help in the prevention of heat loss or heat gain. It helps to prevent the condensation on a cold surface and the resulting corrosion caused by it. The ceramic fibers fall in the class of high-temperature insulators, which are typically used in furnaces and super-heated systems. Thus, these factors and the properties of ceramic fiber are bound to boost the ceramic fiber market in the North America region.
The market for North America ceramic fiber is concentrated with some very well-established players. Some of the key players in the North America ceramic fiber market include Great Lakes Textiles, HarbisonWalker International, Inc., 3M, Ltd., Lewco Specialty Products, Inc., Luyang Energy-Saving Materials Co., Ltd., Morgan Advanced Materials, Nutec Group, Pyrotek Inc., Rath-Group, and Unifrax LLC. amongst the others.
North America Ceramic Fiber Market - By Country Breakdown, 2018
North America Ceramic Fiber Market to 2027 - Regional Analysis and Forecasts By Type (Refractory Ceramic Fiber (RCF), Alkaline Earth Silicate (AES) Wool, Others), By Product Form (Blanket, Module, Board, Paper, Others), By End-Use Industry (Iron and Steel, Refining and Petrochemical, Power Generation, Aluminum, Others)
North America Ceramic Fiber Market to Reach US$ 682.8 Mn at a CAGR of 8.5% in 2027 | The Insight Partners
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NORTH AMERICA CERAMIC FIBER MARKET SEGMENTATION
North America Ceramic fiber Market - By Type
- Refractory Ceramic Fiber (RCF)
- Alkaline Earth Silicate (AES) Wool
- Others
North America Ceramic fiber Market - By Product Form
- Blanket
- Module
- Board
- Paper
- Others
North America Ceramic fiber Market - By End Use Industry
- Iron and Steel
- Refining and Petrochemical
- Power Generation
- Aluminum
- Others
North America Ceramic fiber Market - By Country
- US
- Canada
- Mexico
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