Tuesday, November 1, 2011

MarketsandMarkets: Global Ceramic Fiber Market Estimated to Reach $3.8 Billion by 2016, with CAGR of 13.4%

The ‘Ceramic Fiber Market by Type, Applications & Global Forecasts (2011 – 2016)’ analyzes ceramic fiber market with respect to market drivers, opportunities, and trends in the diverse geographical regions including North America, Europe, Asia-Pacific, and ROW.

Browse 106 market data tables/figures with 206 pages and in-depth TOC on Ceramic Fiber Market by Type, Applications & Global Forecasts (2011 – 2016).
http://www.marketsandmarkets.com/Market-Reports/ceramic-fibers-384.html
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The ceramic fiber market is a key contributor to the industries including petrochemical, ceramic, iron and steel, aluminum and is predominantly used in the thermal insulation applications. The need for energy conservation, reduction in production cost, and emission reduction potential of ceramic fiber are key factors driving the demand for the ceramic fiber products.

The study of ceramic fiber market is important as the market trend for different products varies with different geographical regions with market players focusing on diverse key product categories. This report not only provides a full estimate of the global ceramic fiber market; but also gives a detailed analysis of their most critical micro-markets, which have remained unexplored so far.

The global ceramic fiber market was worth $1.8 billion in 2010 and is estimated to reach $3.8 billion by 2016, growing at a CAGR of 13.4% from 2011 to 2016. The refractory ceramic fiber and bio low persistent ceramic fiber segments are the key revenue generators for the ceramic fiber industry.

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