Ceramic Textile Market by Resin Type, Width Type & Region Oct 2016 | Page 2

Ceramic Textile Market: Global Forecast to 2021 “The ceramic textile market is projected to register a CAGR of 9.94%, by value during the forecast period” The global ceramic textile market size was USD 74.5 million in 2015 and is projected to register a CAGR of 9.94% in terms of value, between 2016 and 2021. Properties of ceramics to contaminate heat in high temperature applications would drive the market. A large number of emerging application industries, such as aerospace and alternate energy, would boost the market. The major restraint for the ceramic textiles market is the carcinogenic nature of refractory ceramic fiber (RCF) which is one of the major types of ceramic fiber. This is affecting the growth of the RCF market mainly in Europe and North America, where regulations are stringent. “Braids to register the highest growth between 2016 and 2021” The characteristics of braids such as maximum resistance to mechanical abuse, superior strength, minimal unraveling would trigger the growth of the segment. © ReportsnReports.com / Contact [email protected] 2