According to a market report by Lucintel, the future of the ceramic textile market looks promising with opportunities in the transportation and industrial sectors. The ceramic textile market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are high heat resistant capability of ceramic fiber in high temperature applications and growth in end-use industries.
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Vitreous alumina-silica (refractory ceramic fiber (RCF), low bio-persistent), and polycrystalline ceramic fibers are the major fiber type used in different end use industries. Vitreous alumina-silica is the largest segment.
Within the ceramic textile market, transportation and industrial are the major end use industries. Industrial is the largest segment for the ceramic textile market.
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Asia Pacific will remain the largest market over the forecast period due to growth in the transportation and industrial sectors.
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Ibiden Co., Ltd., Luyang Energy-Saving Materials Co., Ltd., Isolite Insulating Products Co. Ltd., Kyocera Corporation, Mineral Seal Corporation, Morgan Advanced Materials Corporation, Rath Inc., Rauschert Steinbach GmbH, The 3M Company, Unifrax Corporation, and Zircar Zirconia, Inc. are among the major manufacturers of the ceramic textile market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the ceramic textile market by end use, fiber type, form, and region. Lucintel has prepared a comprehensive research report entitled "Ceramic Textile Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the ceramic textile market by fiber type, form, end use, and region as follows:
By Fiber Type [$M shipment analysis for 2013 – 2024]:
- Vitreous alumina-silica
- Refractory ceramic fiber (RCF),
- Low bio-persistent
- Polycrystalline ceramic fiber
By Form [$M shipment analysis for 2013 – 2024]
- Cloth
- Ropes
- Tapes
- Sleeves
- Braids
By End Use Industry [$M shipment analysis for 2013 – 2024]:
- Transportation
- Industrial
By Region [$M shipment analysis for 2013 – 2024]:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
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This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/ceramic-textile-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1.What are some of the most promising potential, high-growth opportunities for the global ceramic textile market by fiber type (Vitreous alumina-silica (RCF, low bio-persistent), and polycrystalline ceramic fiber), form (cloth, ropes, tapes, sleeves, and braids), end use (transportation and industrial), and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America).
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the ceramic textile market?
Q.5.What are the business risks and threats to the ceramic textile market?
Q.6.What are emerging trends in this ceramic textile market and the reasons behind them?
Q.7.What are some changing demands of customers in the ceramic textile market?
Q.8.What are the new developments in the ceramic textile market? Which companies are leading these developments?
Q.9.Who are the major players in this ceramic textile market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in this ceramic textile market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities have taken place in the last five years in the ceramic textile market?
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