Ceramic Matrix Composites Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The Global Ceramic Matrix Composites Market size is projected to grow from USD 8.8 billion in 2021 to USD 25.0 billion by 2027, at a CAGR of 11%.
Ceramic matrix composites (CMC) are defined as a group of composite materials consisting of ceramic fibers embedded in a ceramic matrix. Ceramic materials are inorganic and non-metallic solids that are crystalline in nature. CMC exhibits improved crack resistance compared to conventional technical ceramics and does not rupture easily even under heavy loads.
Market Segments
By Composite Type
- Silicon Carbide Reinforced Silicon Carbide (SIC/SIC)
- Carbon Reinforced Carbon (C/C)
- Oxide–Oxide (Ox/Ox)
- Others (Silicon Carbide and Carbon (SIC/C))
By Fiber Type
- Short Fiber
- Continuous Fiber
By Fiber Material
- Alumina Fibers
- Amorphous Ceramic Fibers (RCF)
- Silicon Carbide Fibers (SIC)
- Others
Key Players
3M, CeramTec, COI Ceramics Inc., CoorsTek Inc., GE Aviation, Lancer Systems, Rolls Royce Plc, SGL Group, Ultramet, and United Technologies are the key players in the global CMC market.
Scope of the Report
The research study analyzes the global Ceramic Matrix Composites industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Ceramic Matrix Composites Market Report
1. What was the Ceramic Matrix Composites Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Ceramic Matrix Composites Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Ceramic Matrix Composites Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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