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Asia Pacific Ceramic Fiber Market

Asia Pacific Ceramic Fiber Market

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Asia Pacific Ceramic Fiber Market

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  1. Asia Pacific Ceramic Fiber Market 2021 Growth Factors, Technological Innovation and Emerging Trends 2026 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Asia Pacific Ceramic Fiber Industry • Asia Pacific ceramic fiber market will witness considerable expansion with consistent traction across the iron & steel, power generation, aluminum, and chemical processing sector. There is an augmented requirement for insulating materials as they induce lowered power costs in these high-temperature applications. Severe emission standards and inclined environmental concerns across various countries are pushing these industries to limit their carbon footprint. • Enhanced productivity, structural weights, and decreased fuel consumption are some of the other ceramic fiber properties. This, along with technological progressions will escalate the business share in the next few years. As per reports, the APAC ceramic fiber market size will reach an annual evaluation of more than USD 755 million by 2026. • This had led to an intense demand for ceramic fibers to ensure high thermal insulation properties. Ceramic fibers are lightweight as well as highly porous and exhibit superior insulation owing to which they are extensively preferred and consumed over insulators. Lightweight and low conductive ceramic fibers are found to bring down energy consumption by more than 20%. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • The present COVID-19 outbreak has noticeably hampered the ceramic fiber supply chain with the regulation of lockdown across various countries, leading to hindered production activities across the APAC region. This can be further attributed to the stalled demand for oil & gas caused by the price war between Russia Saudi and Arabia, along with the dearth of the workforce and limited fuel consumption in the course of the pandemic. The slowdown is now gradually losing momentum, indicating faster resumption of businesses. • Ceramic fiber products can be classified into refractory ceramic fiber (RCF), and alkaline earth. The fibers are widely deployed in fire dampers, expansion joints, and laboratory furnaces to render exceptional insulating properties at high temperatures as well as render thermal insulation in thermal analysis devices. Polycrystalline wool generated from the sol-gel technique of the aqueous spinning solution works at temperatures above 1300 °C as well as in critical chemical and physical environments. • The RCF segment was responsible for a major share and is expected to amass significant gains through 2026. Alkaline earth silicate ceramic fibers will also see high potential in the APAC market as they possess enhanced insulation properties and are derived from a calcium magnesium silica composition. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/4657 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis • Annual revenues from the ceramic fiber board in the APAC is anticipated to reach more than USD 110 million in the coming years as they offer resistance against thermal shock, chemical attacks, oxidation, and reduction. The boards are easy to generate a wet forming process using alumina-silica fibers and binders. They do not contain asbestos or binders and avoid the need for curing on dry out time intervals. This ceramic fiber showcases high-temperature stability, low thermal conductivity, high tensile strength, sound absorption, easy installation process, and consistent density across diversified applications. • The iron & steel sector is a major consumer of ceramic fibers in the Asia Pacific region as the metals depend on efficient thermal insulation materials to save energy in induction furnaces, electric arc furnaces, forging furnaces, kilns, heat treatment furnaces, pipes, and converters. This end-user market is likely to capture 23% of the regional share through 2026. Request for customization:https://www.gminsights.com/roc/4657 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Competitive Analysis: • Unifrax, NutecFibratec, Lewco Specialty Products, SimondFibertech Limited, Shandong Luyang Share, Yeso Insulating Products Co., PAR Group, Isolite Insulating Products, Rath, NGP Industries Limited, and Ibiden, Co are some of the key players operating in the Asia Pacific Ceramic Fiber Market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Latest Research Report On Asia Pacific Ceramic Fiber Market@ https://www.gminsights.com/industry-analysis/asia-pacific-ceramic-fiber-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/4657 Request for customization: https://www.gminsights.com/roc/4657 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  8. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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