Press release
Ceramic Matrix Composites Market Outlook 2020: By Product, End-User, Geography, Application, Key Players and Region-Forecasts To 2027
Ceramic Matrix Composites is a treatment that has attracted the attention of many countries in recent years. The use and acceptance of Ceramic Matrix Composites continues to evolve with the increasing number of countries that currently allow its use for certain medical indications.The Ceramic Matrix Composites Market report give a 360-degree holistic view of the market and highlights the key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. In addition, the report also provides profiles of major companies along with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
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Company Profiles
o Applied Thin Films, Inc.
o COI Ceramics, Inc.
o Coorstek, Inc.
o General Electric Company
o Kyocera Corporation
o Lancer Systems, LP
o SGL Carbon SE
o Starfire Systems, Inc.,
o The 3M Company
o Ultramet, Inc.
Ceramic Matrix Composites Market to 2027 - Global Analysis and forecast is a specialized and in-depth study of the Ceramic Matrix Composites industry with a focus on the global market trend. The report provides an overview of global Ceramic Matrix Composites Market with detailed market segmentation by product/application and regions.
The global Ceramic Matrix Composites Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the key players and offers key trends and opportunities in the market.
The ceramic matrix composites market accounted to US$ 8,560.0 Mn in 2018 and is expected to grow at a CAGR of 9.1% during the forecast period 2019 - 2027, to account to US$ 18,485.0 Mn by 2027.
The consumers in most of the developed and developing countries in North America, Europe, and Asia-Pacific such as the United States, Canada, Germany, France, China and India, among others. The demand for Ceramic Matrix Composites in North America is driven by a growing demand for alternative protein types that are more sustainable, clean and creates less environmental impact during production. Additionally, Ceramic Matrix Composites contain low cholesterol and saturated fat, and it contains a high nutritional value, which appeals to health-conscious consumers in developed countries. Moreover, rising awareness about the vegan protein, especially among the adult age group, is rising not only in the US and Canada but also in Mexico.
Ceramic Matrix Composites (CMCs) are the materials consisting of a ceramic matrix combined with ceramic material reinforcements such as oxides or carbides. Ceramic materials are inorganic and nonmetallic solids, which are crystalline. They exhibit improved crack resistance and do not rupture easily under heavy loads as compared to conventional technical ceramics.
These factors further propel the demand for Ceramic Matrix Composites in the region. The food and beverage manufacturers in the region are experimenting to use healthy ingredients across various segments such as bakery, meat alternative, dairy alternative, processed food, confectionery, drinks, juices, etc. in order to enhance the taste, flavor, appearance and nutritional value which would also aid the growth of Ceramic Matrix Composites market.
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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Ceramic Matrix Composites Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Ceramic Matrix Composites Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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