Asia Pacific Ceramic Fiber Market - By Product (Refractory Ceramic Fiber, Alkaline Earth Silicate), By Form (Blanket, Module, Board, Paper), By Temperature Rating (Up to 1000, 1001 to 1200, 1201 to 1400, Over 1400), By Application, & Forecast, 2023 - 2032

Asia Pacific Ceramic Fiber Market Size

Asia Pacific Ceramic Fiber Market size was valued at USD 855 million in 2022. Driven by the burgeoning energy consumption, the industry is slated to grow at a 7.5% CAGR from 2023 to 2032. The industrial development in the APAC region is poised to foster industry growth.
 

Excellent thermal properties of ceramic fibers are another factor fueling market expansion. The substantial spending on R&D programs to enhance the conductivity of products is further propelling the demand for ceramic fibers. For instance, in January 2018, Nutec Inc, launched NuPly high-temperature thermal insulation paper products. These products are manufactured with the usage of the company’s High Index (HI) fiberization technology, thereby eliminating the costly procedure of pre-washing the fiber.
 

Volatile raw material prices may restrain industry progression

The fluctuating prices of raw material is a major factor restraining market growth. The raw materials used in the alumina, silica, and other metal oxides or non-oxide materials, such as silicon carbide. The prices of these raw materials depend on their availability in a specific region. For instance, in China, aluminum prices are high as the country has announced long-term coal contracts, which is hindering alumina prices as well. Nonetheless, rising investment in R&D programs to launch innovative ceramic fiber-based products is likely to aid the industry in overcoming the issue.
 

Asia Pacific Ceramic Fiber Market Analysis

In terms of product, Asia Pacific ceramic fiber market is classified into alkaline earth silicate, refractory ceramic fiber, and others. The refractory ceramic fiber (RCF) segment is poised to amass over USD 985 million in revenue by 2032. The widespread usage of RCF for furnace lining in varied sectors, such as chemical, fertilizer, petrochemical, steel, glass, ceramic, cement, foundry, and forging.
 

With respect to form, Asia Pacific ceramic fiber market is divided into blanket, board, module, paper, and others. The module segment is set to amass over USD 490 million in revenue by 2032. The wide-ranging applications of module form ceramic fiber in cast mold insulation, high-temperature pipe, repair, lining & insulation of furnaces, ovens, kilns, generators, boilers, reformers, heat processing equipment, duct & turbine insulation, car bottom insulation, and fire protective application are projected to promote the segment growth.
 

Based on temperature rating, Asia Pacific ceramic fiber market is categorized into up to 1000, 1001 to 1200, 1201 to 1400, and over 1400. The industry share from the up to 1000 segment is estimated to grow at more than 6.5% CAGR over 2023-2032. The surging application of up to 1,000 ceramic fibers in the aerospace and steel & iron industries is foreseen to facilitate segment development in the future.
 

In terms of application, Asia Pacific ceramic fiber market is segregated into fire dampers/ceiling diffusers, industry furnace base seal, expansion joint fiber barriers, high temp pipe, duct & tube insulation, high-temperature gasketing & packing, and others. The industry furnace base seal segment is anticipated to surpass USD 510 million by 2032. The soaring demand for industrial furnaces from several end-user industries, including iron & steel, aluminum, and so on, is set to drive the growth of the industrial furnace base seal application segment.
 

Asia Pacific ceramic fiber market is segmented into China, Japan, India, Indonesia, Malaysia, Australia, Philippines, South Korea, Vietnam, Singapore, Thailand, and Taiwan. China market is foreseen to depict over 7.5% CAGR from 2023 to 2032. The region is contributing to the overall market growth due to the high availability of inexpensive labor, raw materials, and a favorable environment, which is required for industries to thrive in the APAC region.
 

Asia Pacific Ceramic Fiber Market Share

Morgan Advanced Materials PLC.

• Ibiden Co. Ltd.
• Rath Inc.
• Unifrax I LLC.
• Luyang Energy-saving Materials Co., Ltd

are some of the key manufacturers in the Asia Pacific ceramic fiber market. These firms majorly engage in strategic partnerships and collaborations, along with expanding production facilities, to strengthen their market standing.
 

COVID-19 Impact

Asia Pacific ceramic fiber industry witnessed a positive impact during the COVID-19 pandemic due to the high use of ceramic fibers in surgical gloves and blankets due to their good insulation and efficient thermal properties useful for keeping patients and healthcare facilitators safe. The textile industry also witnessed an upsurge in sales due to a rise in disposable incomes and the evolving fashion trends, which further boosted the use of ceramic fibers in cloth manufacturing and is estimated to supplement business growth in the forthcoming period.
 

The Asia Pacific ceramic fiber market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons and revenue in USD Million from 2018 to 2032 for the following segments:

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By Product

• Refractory Ceramic Fiber (RCF)
• Alkaline Earth Silicate (AES)
• Others (PCW) 

By Form

• Blanket
• Module
• Board
• Paper
• Others

By Temperature

• Up to 1000
• 1001 to 1200
• 1201 to 1400
• Over 1400

By Application

• Expansion Joint fiber barriers
• High temp. pipe, duct & tube insulation
• Industry furnace base seal
• Fire dampers/celling diffusers
• High-temperature gasketing & packing
• Others

The above information is provided on a country basis for the following:

• Japan
• India
• Australia
• Indonesia
• Malaysia
• South Korea
• Vietnam
• Thailand
• Philippines
• China
• Taiwan
• Singapore