Ceramic fiber blanket is a needled blanket that is made from high purity spun ceramic fiber. It is designed to be used when working with furnaces, boilers, nuclear insulation, and high temperature pipe insulations. It is ideally utilized in industries where high temperature insulation is required. More specifically, the ceramic fiber blanket is used if there is a requirement for low heat storage and complete resistance to thermal shock. It possess properties such as light weight, low thermal conductivity, high temperature stability, thermal shock resistance, and chemical and corrosion resistance. They are largely employed in applications such as pipe insulation, boiler insulation, air pre-heater insulation, turbine insulation, and ovens and stack linings due to its properties, as mentioned above.
Based on type, the global ceramic fiber blanket market can be segmented into ceramic fiber throw blanket and ceramic fiber spray blanket. Ceramic fiber blankets are free from organic adhesive and have a smooth surface. Furthermore, these blankets possess the heat resistance of a hard refractory, which gives them excellent insulating properties. This blanket provides good sound absorption and fire protection. Ceramic fiber blankets are utilized in diverse applications in furnaces, kilns, generators, reformers, boilers, steam and gas turbines, seals and gasketing, furnace door seals, expansion joint seals and other high temperature equipment, due to their properties such as lightweight, flexibility, and specific features such as very low thermal conductivity, thermal shock resistance, and corrosion resistance.
In terms of end-user industry, the ceramic fiber blanket market can be classified into chemical, construction, electronic, aerospace, petrochemical, and others. Petrochemical is a prominent end-use industry for ceramic fiber blankets. Demand for ceramic fiber blankets in the petrochemical industry is driven by its high insulating and low thermal conducting properties. The evolution of shale gas & coal gasification technology in North America is also boosting the usage of ceramic fiber blankets in the petrochemical industry.
In terms of geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific, being the global manufacturing hub of the world, is also a significant market for ceramic fiber blankets. Rising activities in construction, energy, industrial, and automotive sectors in economies such as China and India are driving the ceramic fiber blanket market. Lower cost of production has provided a great opportunity for global players to enter into Asia Pacific, especially, in the developing nations such as China and India.
Key players operating in the ceramic fiber blanket market include Nutec, Rath USA, Ibiden, Isolite Insulating Products, Morgan Thermal Ceramics, Thermost Thermotech, and Unifrax.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.