Ceramic Textile Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Ceramic Textile Market Analysis
The market for ceramic textiles is expected to grow at a CAGR of about 5% globally during the forecast period. Growing demand from various end-user industries along with superior properties of ceramic textiles are driving the market. On the flip side, stringent environmental conditions coupled with unfavorable conditions arising due to the COVID-19 outbreak are hindering the market growth.
- The ceramic textile market is expected to grow during the forecast period owing to the growing demand from the end-user industries.
- Asia-Pacific region to dominate the market across the globe with the largest consumption from countries such as China and India.
Ceramic Textile Market Trends
This section covers the major market trends shaping the Ceramic Textile Market according to our research experts:
Growing Demand form the End-user Industries
- Ceramic textiles are high-temperature fabrics made from alumina-silica ceramic fiber or yarn and are available in a different size, thickness, and shape. They have excellent thermal resistance, textile strength, chemical inertness, and thermal insulation. These textile materials can withstand temperature up to 1250°C.
- In industrial applications, they are used as insulation, gaskets, seals, and pipe wrappings for furnaces, refineries, power plants, chemical plants, aluminum, iron & steel processing plants, and foundries. Ceramic textiles are often used as engine encapsulants in the transportation and aerospace industry, to minimize heat loss.
- The growing industrialization and excellent temperature of resistance of ceramic textiles are expected to drive the market for ceramic textiles during the forecast period
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region is expected to dominate the market for ceramic textiles during the forecast period due to an increase in demand from countries like China and India.
- The growing urbanization followed by infrastructure coupled with the growing industrialization in countries like India and China is expected to drive the market. India is the seventh-largest producer of chemicals and the third-largest agrochemical producer in the world. The total market size of the chemical and petrochemical market is around USD 35 billion for the financial year 2018-19.
- India has the second-largest petroleum refinery in Asia with an annual capacity of 249 million metric tons per annum. The Indian petroleum import value is about USD 112 billion in the financial year 2019 with a 27% growth from USD 88 billion in the financial year 2018. The growing demand for petroleum products is expected to drive the market in the forecast period.
- China is the largest producer of chemicals in the world, with a share of about 35% of the total global shares. Moreover, In China, crude oil consumption is at 14.5 million barrels per day in 2019 from about 13.5 million barrels per day in 2018. The growing demand from chemical and petroleum refinery industries is expected to drive the market.
- The aforementioned factors, coupled with government support, are contributing to the increasing demand for the ceramic textile market in the Asia-Pacific during the forecast period.
Ceramic Textile Industry Overview
The global ceramic textile market is partially fragmented with players accounting for a major share of the market. Few companies include 3M, IBIDEN, Morgan Advanced Materials, Unifrax, and Mineral Seal Corporation.
Ceramic Textile Market Leaders
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3M
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IBIDEN
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Morgan Advanced Materials
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Unifrax
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Mineral Seal Corporation
*Disclaimer: Major Players sorted in no particular order
Ceramic Textile Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Growing Demand From Various End-user Industries
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4.1.2 Superior Characteristics of Ceramic Textiles
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4.2 Restraints
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4.2.1 Stringent Environmental Regulations
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4.2.2 Unfavourable Conditions Arising Due to COVID-19 Outbreak
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4.3 Industry Value Chain Analysis
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4.4 Porters Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Fiber
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5.1.1 Refractory Ceramic
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5.1.2 Low Bio-Persistent
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5.1.3 Others
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5.2 Type
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5.2.1 Cloth
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5.2.2 Tape
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5.2.3 Rope
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5.2.4 Yarn
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5.2.5 Others
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5.3 Application
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5.3.1 Industrial
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5.3.2 Transportation
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5.3.3 Others (Electrical, Aerospace, etc.,)
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5.4 Geography
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5.4.1 Asia-Pacific
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5.4.1.1 China
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5.4.1.2 India
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5.4.1.3 Japan
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5.4.1.4 South Korea
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5.4.1.5 Rest of Asia-Pacific
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5.4.2 North America
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5.4.2.1 United States
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5.4.2.2 Canada
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5.4.2.3 Mexico
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5.4.3 Europe
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5.4.3.1 Germany
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5.4.3.2 United Kingdom
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5.4.3.3 Italy
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5.4.3.4 France
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5.4.3.5 Rest of Europe
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5.4.4 South America
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5.4.4.1 Brazil
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5.4.4.2 Argentina
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5.4.4.3 Rest of South America
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5.4.5 Middle-East and Africa
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5.4.5.1 Saudi Arabia
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5.4.5.2 South Africa
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5.4.5.3 Rest of Middle-East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share Analysis/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 3M
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6.4.2 ASHINE INDUSTRIES INC.
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6.4.3 CeraMaterials
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6.4.4 EAS Fiberglass Co., Ltd.
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6.4.5 Great Lakes Textiles
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6.4.6 IBIDEN
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6.4.7 J A Harrison
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6.4.8 LIH FENG JIING ENTERPRISE CO., LTD
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6.4.9 Mineral Seal Corporation
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6.4.10 Morgan Advanced Materials
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6.4.11 Unifrax
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Growing Improvements to Prevent Energy Loss in Manufacturing Industries
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Ceramic Textile Industry Segmentation
The Ceramic Textile Market report include:
| Fiber | |
| Refractory Ceramic | |
| Low Bio-Persistent | |
| Others |
| Type | |
| Cloth | |
| Tape | |
| Rope | |
| Yarn | |
| Others |
| Application | |
| Industrial | |
| Transportation | |
| Others (Electrical, Aerospace, etc.,) |
| Geography | |||||||
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Ceramic Textile Market Research FAQs
What is the current Ceramic Textile Market size?
The Ceramic Textile Market is projected to register a CAGR of 5% during the forecast period (2024-2029)
Who are the key players in Ceramic Textile Market?
3M, IBIDEN, Morgan Advanced Materials, Unifrax and Mineral Seal Corporation are the major companies operating in the Ceramic Textile Market.
Which is the fastest growing region in Ceramic Textile Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Ceramic Textile Market?
In 2024, the Asia Pacific accounts for the largest market share in Ceramic Textile Market.
What years does this Ceramic Textile Market cover?
The report covers the Ceramic Textile Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ceramic Textile Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Ceramic Textile Industry Report
Statistics for the 2024 Ceramic Textile market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ceramic Textile analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Ceramic Textile Report Snapshots
