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Ceramic Fiber Market and its key opportunities and challenges

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Ceramic Fiber Market and its key opportunities and challenges

October 24
18:08 2019
Ceramic Fiber Market and its key opportunities and challenges

Browse 107 market data Tables and 47 Figures spread through 136 Pages and in-depth TOC on “Ceramic Fiber Market”
Ceramic Fiber Market by Type (RCF and AES Wool), Product Form (Blanket, Board, Paper, and Module), End-use Industry (Refining & Petrochemical, Iron & Steel, Power Generation, and Aluminum), and Region

The Ceramic Fiber Market was valued at USD 1.50 Billion in 2016 and is projected to reach USD 2.59 Billion by 2022, at a CAGR of 9.8% during the forecast period, as per a report by MarketsandMarkets. 

Downloads PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=384

Browse 107 market data Tables and 47 Figures spread through 136 Pages and in-depth TOC on “Ceramic Fiber Market”

Why opportunities exist as number of applications of ceramic fiber products grows?

Aerospace and alternative energy are the emerging applications of ceramic fiber products due to their high-temperature resistance. The alternative energy applications include fuel cells, solar, geothermal, biofuels, and waste incinerators.

Aerospace

  • Fan cowl door insulator, struts, thrust reverser, and engines
  • Insulation of fuel lines
  • Rocket exhaust cones
  • Insulation tiles, gap fillers, gaskets, and seals

 

Fuel Cells

  • High purity stack insulation
  • Reformer components
  • High purity kiln setters
  • Tube insulation

 

Solar

  • Solar power tower receivers
  • Silicone water furnace insulation
  • Infrared reflective coatings

 

Geothermal

  • Tube Insulation

 

Biofuels

  • Reformers

 

Waste Incinerator

  • Incinerator lining

 

 

Request for Sample of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=384

 

How stringent regulations pertaining to the use of carcinogenic materials is a key challenge?

The conventional practice of making ceramic fiber is to extrude ceramics melted at very high temperatures through a set of fine holes, approximately, 3 mm in diameter. Ceramic fiber of less than 1 µm diameter is considered carcinogenic, and one finer than 3 µm diameter can get ingested into the lungs during the manufacturing process, which can cause serious respiratory diseases and severe skin irritation. A fair proportion of the fibers manufactured by the conventional process have small diameters; as a result, there can be serious health hazards to those involved in their manufacturing and handling.

Many countries in North America and Europe are shifting to the use of environment-friendly and bio-soluble products in various applications owing to the increase in environmental concerns and regulatory policies. The global manufacturers of ceramic fiber are focusing on ensuring safety and avoiding health issues associated with the carcinogenic nature of RCF. This is affecting the production capacities of manufacturers in Europe and North America, as the market in these regions is regulated by stringent environmental laws regarding the production of chemical and petroleum-based products. Agencies, including European Ceramic Fiber Industry Association (ECFIA); HTIW Coalition; REACH; and other regulatory bodies are governing the manufacturing of RCF-based products in these regions. These regulations are restraining the growth of the ceramic fiber market in countries where manufacturers do not have the technological advancements to shift to bio-soluble or environment-friendly products.

Related Report:

Ceramic Tiles Market by Application (Floor, Wall, and Roof), Construction Type (New Construction, and Renovation & Replacement), End-use Sector (Residential, and Non-residential), and Region (North America, Europe, APAC) – Global Forecast to 2023

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Website: https://www.marketsandmarkets.com/Market-Reports/ceramic-fibers-384.html