Ceramic Matrix Composites Market 2018 To 2025-Expanding Worldwide with Top 3 Players : CoorsTek, Inc. , General Electric Manufacturing Company (GEMAC) , United Technologies With Future Business Scope and Market Revenue Analysis Report
Market research report demonstrates a detailed study of data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis
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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 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Some of the major players in global ceramic matrix composites market include:-
General Electric, Rolls-Royce plc, COI Ceramics, Inc., SGL Group, UNITED TECHNOLOGIES, CeramTec, Lancer Systems, CoorsTek Inc., Ultramet, 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.
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, nozzle, and nose cap. The automotive segment is further sub segmented into brake discs, and engines. The energy & power segment is further sub segmented into next generation nuclear reactors, and heat exchangers. The electricals & electronics segment is further sub segmented into electronics packaging systems. The others segment is further sub segmented into industrial, marine, and biomedical.
• 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, Europe, Asia-Pacific and 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.
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Major Market Drivers: 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
Report Brief Focus On:
Ceramic Matrix Composites Market Presented By Matrix Type (C/C Ceramic Matrix Composites, C/SIC Ceramic Matrix Composites, Oxide/Oxide Ceramic Matrix Composites, SIC/SIC Ceramic Matrix Composites); Application (Aerospace & Defense, Automotive, Energy & Power, Electricals & Electronics); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)– Industry Trends and Forecast to 2024
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