1. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Ceramic Fiber Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, Spain, China, India, Japan, Australia, Brazil, Mexico, GCC, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025 Ceramic Fiber Market to Witness A Phenomenal Growth over 2018 to 2025

2. Global Market Scenario of Ceramic Fiber Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Ceramic Fiber Market size is expected to grow with a prominent CAGR by 2024. The thermal- efficient insulation demand from various industries including oil & gas, iron & steel, power generation, etc. shall drive the global ceramic fiber market.Ceramic Fiber Market  These fibers feature high levels of thermal efficiency and will have significant demand for their usage in the inner linings of several reheating furnaces at steel production plants.  As per the World Steel Association, crude steel production in the world reached 1,630 million tons in 2016, rising from 1,252 million tons in 2006.  A growing profile of steel industry will propel the ceramic fiber market growth in the future years. Increasing use of these fibers in end-user industries for their features such as high thermal conductivity, lightweight, shock resistance, thermal stability, chemical resistance, etc. will have a positive impact on ceramic fiber market by 2024.  Refractory ceramic fibers pose as a key substitute for asbestos due to their unique insulation features. These fibers feature low density, low thermal inertia; control the temperature inside the reheating furnace and dissipate little heat from the furnace.  Ceramic fiber market shall witness escalating demand in the industrial furnaces and kilns for their energy- saving characteristics in the near future.

3. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Product Analysis:- As per the product type, key products in ceramic fiber market include: refractory ceramic fiber (RCF) and alkaline earth silicate (AES) and few others. Alkaline earth silicate segment is likely to observe growth at a faster pace on account of their unique characteristics and lower biopersistence (i.e. the length of time for which the fiber remains in the biological environment). AES ceramic fibers will have substantial demand for heat insulation for kitchen utensils for household appliances. These fibers also hold significant scope for providing fire protection in marine vessels over the forecast timespan. Regional Trends:- The positive outlook exhibited by the construction and manufacturing sectors in Asia Pacific in the recent years present brighter aspects for ceramic fiber industry growth by 2024. Modernization of the regional infrastructure will encourage the demand for lightweight insulation materials, which will drive the regional ceramic fiber industry by 2024. China iron & steel sectors have been witnessing a wider acceptance of these fibers to achieve an increased production efficiency.

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5. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Competitive Trends: Global plastic processing machinery market share is highly competitive and significantly fragmented including key vendors such as Husky Injection Molding Systems, ARBURG, Milacron, Sumitomo Heavy Industries, Ltd., and Haitian International Holdings Ltd.

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