Ceramic Fibre Paper Market size is forecast to reach $635.8 million by 2025, after growing at a CAGR of 8.2% during 2020-2025. Ceramic Fiber Paper features a lightweight, compact structure and low thermal conductivity, which is the ideal solution for high-temperature insulation, chemical resistance to corrosion, and thermal shock resistance, which is driving the demand for ceramic fiber paper in various end-use industries. Refractory ceramic fiber-paper with a smooth surface is very flexible and easy to cut, which is suitable for gasket and sealing applications. Increasing demand from the automotive industry and the global aerospace industry is expected to drive the growth of the ceramic fibre paper industry over the forecast period.
APAC dominates the ceramic fibre paper market due to high-temperature sealing, electrical insulation for aircraft wiring, and structural reinforcement for exhaust components and other composite parts in the aerospace industry.
Ceramic fibre paper is widely used as a friction-reducing material for packaging owing to its light-weight, flexibility, good handling strength, and good uniformity.
The effect of COVID-19 has a direct impact on the ceramic materials, owing to the disruption in the supply chain, longer downtime, lockdown scenario, and insufficient raw materials that would hamper the production and demand for ceramic fibre paper in the various end-use industries.
Ceramic Fibre Paper Market Segment Analysis – By Application
Insulation segment held the largest share in the ceramic fibre paper market in 2019. Due to its superior product characteristics, ceramic fibre paper has a high place in the field of industrial high-temperature insulation. This is commonly used as a thermal insulation device, thermal protection, sealing, electrical insulation, sound absorption, and filtration device. Ceramic fiber paper can be used not only as a sealing material for thermal insulation materials and high-temperature devices, such as the inner lining of the furnace wall but also as insulation and cold insulation material for cryogenic cooling equipment such as refrigerators. Also, the ceramic fibre paper is widely used in various industrial furnaces and ladle, cast barrel, submerged nozzle for high-temperature insulation; and electrical insulation and insulation materials for industrial electric furnace, furnace door and furnace expansion sealing material and is anticipated to boost the growth of ceramic fibre paper market over the forecast period.
Ceramic Fibre Paper Market Segment Analysis – By End Use
The construction industry held the largest share in the ceramic fibre paper market in 2019 and is projected to grow at a CAGR of 9.1% during the forecast period 2020-2025. Ceramic fiber paper, also known as aluminium silicate fiber paper, mainly consists of high purity alumino-silicate fiber and is manufactured through a fiber wash process. Low manufacturing cost, an increase in disposable income of consumers, and the rise in construction activities are driving the ceramic fibre paper market. Ceramic fiber paper can be widely employed in the construction and glass industries, as it provides maximum heat resistance and insulation in a limited space. Since ceramic fiber paper is used to solve various heat-related issues, the demand for ceramic fiber paper in buildings will rise to prevent fire disasters. Also, owing to the excellent chemical stability and resist attack from most of the corrosive agents the increasing demand for ceramic fiber paper in the construction industry will drive the market growth.
Ceramic Fibre Paper Market Segment Analysis – By Geography
Asia Pacific held the largest share with 38% in the ceramic fibre paper market. Due to the involvement of a large number of major end-use industries, Asia-Pacific dominated the ceramic fiber paper market in 2019. Asia-Pacific is expected to continue its domination and is also expected to be the fastest-growing regional market during the forecast period. Major growth factors driving the region’s demand for ceramic fiber paper are increasing construction activities and rising production of automotive and aerospace in the region. According to the India Brand Equity Foundation, the aircraft movement increased from 1.60 million in FY16 to 2.59 million in FY20 by 9.56 percent in CAGR. Domestic aircraft movement increased at a CAGR of 9.83 percent during FY16-FY20 and foreign aircraft movement grew at a CAGR of 3.57 percent. India’s domestic and foreign aircraft movements rose to 2,155 thousand and 433 thousand respectively during FY20.
Ceramic Fibre Paper Market Drivers
Increasing use of ceramic fibre paper in aerospace industry
Ceramic fibre paper provides heat shielding functions for aerospace purposes, and protect against explosion, flame, or molten metal. Ceramic fiber paper is integral to supplying insulation, linings, gaskets, and seals for high temperature or pressure applications such as ceramic or glass melting, furnaces, kilns, boilers, electric insulation, and so on, as well as for aerospace purposes. Fan cowls, engine struts, and other parts of the jet engine need to endure tremendous stress from high temperatures, punish friction, and the threat of fire, due to which ceramic fibre papers are widely preferred. Also, ceramic fibre paper provides high-temperature capabilities, moisture and vibration resistance, and very low thermal conductivity in a lightweight, thin form for maximum insulation in small spaces, owing to which the demand for ceramic fire paper market in the aerospace industry is anticipated to rise in the forecast period.
Increasing adoption of ceramic fibre paper in automotive industry
Ceramic fiber paper provides radiant heat shielding properties that make it commonly used in automotive applications. Heat shields are built to protect the structure from extreme temperatures by reflecting or absorbing heat. Good heat shielding needs to have high thermal resistance and thermal emissions, so that it can withstand high temperatures and reflect and release the heat away from itself. Car heat shielding can be an effective tool to protect key components and bodywork from heat damage. The heat created by the engine and passing through the exhaust tunnel will reduce the output of the engine, increase the temperature in the car cabin, and harm the mechanical parts behind the dash. Thus, ceramic fiber paper is increasingly adopted in the automotive industry to solve these issues.
Ceramic Fibre Paper Market Challenges
Stringent guidelines on the use of carcinogenic substances
Ceramic fiber with a diameter of less than 1 ìm is considered carcinogenic and one with a diameter of less than 3 ìm may be absorbed into the lungs during the development process, which might cause serious respiratory illness and skin irritation. Provided that a fair proportion of the fibers produced by the conventional process have small diameters, those involved in their manufacturing and handling may face serious health hazards. Some ceramic fiber products are made of inorganic compounds known as carcinogens, such as alumina (Al2O3) and silica (Si2O3). Therefore, a Material Safety Datasheet (MSDS) along with special training is necessary for the safer use of this material. Among the three types of ceramic fibers, only RCF is carcinogenic, while AES wool and PCW have no carcinogenic compounds.
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the ceramic fibre paper market. In2019, the market of ceramic fibre paper market has been consolidated by the top five players accounting for xx% of the share. Major players in the ceramic fibre paper market are Morgan Thermal Ceramics, General Insulation Europe Ltd., Unifrax Corp., Thermost Thermotech Co. Ltd., Isolite Insulating Products Co. Ltd, Shree Ceramic Fibers Pvt. Ltd., Cera Materials, Great Lakes Textiles, Mineral Seal Corporation, Celsius Heat Management België NV among others.