Market New Research Ceramic Fiber Market Growth Rate, Key players 2022

Ceramic Fiber Market Growth Rate, Key
players, Region, Suppliers, Types &
Applications to 2022
“The energy conservation properties of ceramic fiber
are one of the key factors driving the growth of the
ceramic fiber market globally. It has been observed
that low maintenance or inadequate insulation in
industrial plants lead to significant energy wastage.”
Global Ceramic Fiber Market is segmented on the basis of type, end product, end-use industries and geography.
Ceramic fiber also known as High-temperature insulation wool (HTIW) is one of several types of synthetic mineral
wool, generally defined as those resistant to temperatures above 1000ºC. The energy conservation properties of
ceramic fiber are one of the key factors driving the growth of the ceramic fiber market globally. It has been observed
that low maintenance or inadequate insulation in industrial plants lead to significant energy wastage.
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The extensive applications of ceramic fiber in the aerospace sector are another trend bolstering the ceramic fiber
market’s growth prospects. Ceramic fiber is lightweight, has high compressive strength and helps in the optimization
of thermal performance without the use of a vacuum. These features make ceramic fiber indispensable in the
aerospace industry and will lead to its augmented adoption in the coming years. Ceramic fiber market is expected to
witness substantial growth owing to increasing use in the iron & steel and petrochemical industry for insulation
purpose.