Ceramic Matrix Composites Market accounted for USD 1.10 billion and are projected to grow at a CAGR of 8.9% during the forecast period of 2019 to 2024. The upcoming market report contains data for historic years the base year of calculation is 2016 and the forecast period is 2019 to 2024.
Market Segmentation: Ceramic Matrix Composites Market
On the basis of matrix type, global ceramic matrix composites market is segmented in to:
- C/C ceramic matrix composites,
- C/SIC ceramic matrix composites,
- oxide/oxide ceramic matrix composites,
- SIC/SIC ceramic matrix composites.
On the basis of application, the global ceramic matrix composites market is segmented in to :
- aerospace & defense.
The aerospace & defense segment is further sub segmented into:
- gas turbine engine,
- and nose cap.
On the basis of geography, the global ceramic matrix composites market report covers data points for 28 countries across multiple geographies such as :
- North America,
- South America,
- Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Major Market Scope: Global Ceramic Matrix Composites Market
- Need to reduce weight to optimize efficiency in automotive applications
- Growing demand for ceramic matrix composites in the aerospace & defense and energy & power industries
- Excellent performance properties at very high temperatures
- Higher costs compared to other metals and alloys
- High customization requirement for end-use applications
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Top Market Competitors: Ceramic Matrix Composites Market:-
- General Electric,
- Rolls-Royce plc,
- COI Ceramics, Inc.,
- SGL Group,
- UNITED TECHNOLOGIES,
- Lancer Systems,
- CoorsTek Inc.,
- applied thin films inc.,
- Composites Horizons,
- Starfire Systems, Inc.,
- GrafTech International,
- PYROMERAL SYSTEMS,
- and others.
Competitive Landscape: Ceramic Matrix Composites Market
The global ceramic matrix composites market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
- Provides profiles of major competitors of the market.
- Details of their operations, product and services.
- Recent developments and key financial metrics.
- All segmentation provided above in this report is represented at country level and can be customized according to needs.
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
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