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Market Overview:
Products made out of ceramic materials are generally employed as components in mechanical and plant engineering processes that require thermal and chemical resistance. These ceramic textile composites can be furthermore combined with magnetic powders, leading to higher permeability in the product hence developed. Polymer-ceramic composites show excellent permittivity with restricted loss tangent, depending on the ratio of the mixture. Conductive textiles that are coated with carbon nanotubes and gold carry attractive features to attain high conductivity and mechanical flexibility that are significant aspects of load bearing antennas. The size of the Europe ceramic textile market was close to USD 32.8 million by revenue, at the end of 2020 and is estimated to rise at a CAGR of 10.3% to reach close to USD 75.6 million by the end of the foreseen period 2025.

Recent Developments:
Morgan Advanced Materials introduced a new product line of axial and radial seals that provide supreme reliability in engines, airframes, and ground-based turbine engines operating in harsh service conditions.

Market drivers and restraints:
The ceramic textile is touted to be a key market in Europe owing to the significant properties demonstrated by it like heat insulation and excellent performance at low temperatures. The major factors that have assisted in driving the Europe ceramic textiles market forward are applications in welding foundry jobs, aluminum and steel mills, boiler insulation and seal shipyards, refineries, power plants and chemical plants. The ability to get rid of heat in high – temperature applications is estimated to drive the market apart from its employment in a range of growing businesses like aerospace and substitute energy.

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Report segmented as:
By type:
• alumina-silica ceramic fiber
• refractory ceramic fiber

By end user:
• petrochemicals
• iron & steel
• aluminum
• power generation

Geographical analysis:
Europe is one of the market dominators in 2019. The presence of a high customer base in and around this area contributes to the expansion of the ceramic textile market in the region. Europe is estimated to be the third fastest developing region during the foreseen period.

Important market players:
Key players in the market are Morgan Thermal Ceramics, KEIR Manufacturing Inc., Ibiden Co. Ltd., Luyang Energy-saving Materials Co. Ltd., Kyocera Corporation, Mineral Seal Corporation, Morgan Advanced Materials Plc., Rath Inc., Rauschert Steinbach GmbH, The 3M Company, Unifrax Corporation, Zircar Zirconia, Inc., and Toyo International.

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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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Abhishek Shukla
Sales Manager at Market Data Forecast
Tel: +1-888-702-9626