Press release
Ceramic Matrix Composites Market Overall Growth Trends by Solutions, Services, By Key Players like 3M, COI Enterprises, general electricals, CoorsTek, Inc., CeramTec – The Ceramic Experts, Starfire Systems, Inc.
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Ceramic matrix composites production being a high enthalpy process, adds up to the product cost, which makes it useful in applications such as defense, aerospace, thermal management, and other.
On the basis of application, the ceramic matrix composites market has been segmented into aerospace, defense, electrical and electronics, energy and power, and others. Of these, aerospace is estimated to be the dominating category in terms of share, during the forecast period.
On the basis of product, the ceramic matrix composites market has been segmented into oxide, silicon carbide (SiC), carbon, and others. SiC matrix composite has been holding the largest share in the ceramic matrix composites market, with an estimated contribution of over 25% in 2017.
North America is estimated to hold the largest share in the ceramic matrix composites market, accounting for more than 30% in 2017. This can be attributed to the presence of major aviation industries, their investment for developing ceramic matrix components for manufacturing aviation components, and private-public partnerships for upgrading defense and aerospace equipment.
In Asia-Pacific, the increasing expenditure on defense and space exploration projects has fueled the growth of the ceramic matrix composites market during the forecast period. Also, initiatives such as ‘Make in India’ have resulted in the growth of the manufacturing sector in this region.
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Some of the major players operating in the global ceramic matrix composites industry are The 3M Company, Applied Thin Films, Inc., COI Ceramics Inc., General Electric, CoorsTek Inc., CeramTec, KYOCERA Corporation, Lancer Systems LP, SGL Carbon SE and Starfire Systems Inc.
GLOBAL CERAMIC MATRIX COMPOSITES MARKET
By Product – Oxide, Silicon Carbide, Carbon and Others
By Application – Aerospace, Defense, Energy & Power, Electrical & Electronics and Others
By Region – North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Central & South America (CSA)
GLOBAL CERAMIC MATRIX COMPOSITES MARKET, BY GEOGRAPHY
North America Ceramic Matrix Composites Market
By Product
By Application
By Country – U.S.
Europe Ceramic Matrix Composites Market
By Product
By Application
By Country – Germany, France, and U.K.
Asia-Pacific Ceramic Matrix Composites Market
By Product
By Application
By Country – China, India, and Japan
MEA Ceramic Matrix Composites Market
By Product
By Application
CSA Ceramic Matrix Composites Market
By Product
By Application
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