Inorganic Fiber: Introduction
- Inorganic fibers are made from inorganic materials and are classified as: glass fiber, amorphous fiber such as rock wool; carbon fiber; polycrystal fiber such as alumina fiber; and monocrystal fiber such as wollastonite; and potassium titanate fiber
- Amorphous fiber possesses high strength even though modulus elasticity is low, as there is no grain boundary. Polycrystalline fiber provides superior heat resistance, as it consists of small crystals. Monocrystalline fiber possesses extremely high strength owing to its whisker-like fine fibers.
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Types of Inorganic Fiber Market
- In terms of type, the global inorganic fiber market can be segmented into glass fiber, amorphous fiber, polycrystal fiber, and monocrystal fiber. The glass fiber segment is likely to account for a prominent share of the inorganic fiber market. Rise in demand for glass fiber reinforced plastics (GRP) from various industries is expected to fuel the segment.
- Glass fibers primarily utilized for papermaking are the chopped strands with a fiber diameter of 6–20 µm and a fiber length of 3–25 mm, possessing superior heat resistance and dimension stability. The sheets containing glass fiber are utilized for floor, insulation, and building materials due to their characteristics.
- The two major types of carbon fibers are: PAN (polyacrylonitrile)-based type and pitch (petroleum oil and coal)-based type. The fibers are characterized by superior mechanical strength, modulus of elasticity, heat-resistance, and chemical-resistance. Their electric resistance and heat conductivity are similar to those of metals. Therefore, carbon fibers are applied to electromagnetic shields, electrodes, and heat-resistant structures owing to their low thermal expansion coefficient.
Driver of Inorganic Fiber
- Composite materials made from glass fibers are preferred for use in tooling, electronics, and household appliances owing to their high wear-resistance, chemical-resistance, strength, and stiffness
- Carbon fiber is employed to produce composites for 3D printing material, which is used in aerospace, healthcare, and automobile industries to impart strength and stiffness in prototypes, rigid tools, and production parts
- Increase in use of inorganic fibers, such as glass fiber and carbon fiber, to manufacture composites for 3D printing filaments is a key factor driving the market
COVID-19 Impact on Global Inorganic Fiber Market
- The global coronavirus outbreak is posing severe challenges to the global inorganic fiber market. The pandemic has disrupted the supply chain network, in China, as there was limited/no production in organizations due to the lockdown. Some companies have limited access to their workforce. This impacted the overall production of factories.
Asia Pacific to Hold Major Share of Global Inorganic Fiber Market
- In terms of region, the global inorganic fiber market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is projected to account for a notable share of the inorganic fiber market during the forecast period. Rise in demand for inorganic fibers from end-user industries, such as aerospace, construction, and automobile industries, is a significant factor fueling the market in North America.
- Europe is another major region of the global inorganic fiber market. Rise in the demand for hybrid electric vehicles (HEVs) and electric vehicles (EVs) is boosting the inorganic fiber market in Europe.
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Key Players Operating in Global Market
- The global inorganic fiber market is consolidated, with players focusing on incorporating advanced technologies to gain higher share. These players offer a complete portfolio of products; and focus on different business strategies to strengthen their position.
Prominent players operating in the global Inorganic fiber market include:
- AWA Paper & Technological Co. Inc.
- Kamenny Vek
- Nippon Electric Glass Co. Ltd.
- Owens Corning
- Ube Industries Ltd.
Global Inorganic Fiber Market: Research Scope
Global Inorganic Fiber Market, by Type
- Glass fiber
- Amorphous fiber
- Rock wool
- Carbon fiber
- Polycrystal fiber
- Alumina fiber
- Monocrystal fiber
- Potassium titanate fiber
Global Inorganic Fiber Market, by Application
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.