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Asia Pacific Ceramic Fiber Market Size
- Report ID: GMI4657
- Published Date: Nov 2022
- Report Format: PDF
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.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Asia Pacific Ceramic Fiber Market Size in 2022: | USD 855 Mn |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.5% |
| 2032 Value Projection: | USD 1.7 Bn |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 359 |
| Tables, Charts & Figures: | 483 |
| Segments covered: | Product, Form, Temperature Rating, Application, End-user Industry |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Asia Pacific Ceramic Fiber Market Scope
