KEY FINDINGS The Europe ceramic fiber market was valued at $0.76 billion in 2016. The market is expected to grow at a CAGR of 7.62%, during the forecast period 2017-2025 and collect $1.49 billion by the end of 2025.
MARKET INSIGHTS The end products of ceramic fiber market include bulk, blanket, modules, board, paper, and textile. Therefore, the production of ceramic fiber in Europe is expected to grow at a CAGR of 7.34% from 2016 to 2025 to reach approximately 1.13 million tons. The market can be segmented into 2 types based on the product type and end users. The product type is further divided into the polycrystalline ceramic fiber, low bio-persistent ceramic fiber, and refractory ceramic fiber. The low bio-persistent ceramic fiber is expected to show the highest growth during the forecast period. However, the refractory ceramic fiber is currently dominating the market. The end-users can be further classified into various sectors such as power generation sector, ceramics, iron and steel, aluminum and petrochemicals
COMPETITIVE INSIGHTS Some of the major players in the market include Yeso Insulating Products Co. Ltd, Ceramsource, Inc , General Insulation Europe Ltd, Ibiden Co. Ltd, Unifrax Corporation, Thermost Themtech, Simond Fibertech, Isolite Insulating Products Co. Ltd, Morgan Thermal Ceramics, Rath Inc and Nutec Fibratec