Ceramic Matrix Composites (CMC) Market to Boom $5195 Million Value by 2025 | 3M, GE, Applied Thin Films, COI Ceramics, SGL Carbon

The exclusive research report on the Global Ceramic Matrix Composites (CMC) Market 2020 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Ceramic Matrix Composites (CMC) Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.

Overview of Global Ceramic Matrix Composites (CMC) Market:

The Global Ceramic Matrix Composites Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Ceramic Matrix Composites market size to maintain the average annual growth rate of 0.0566591043024 from $2490.0 Million in 2015 to $3280.0 Million in 2019, market analysts believe that in the next few years, Ceramic Matrix Composites market size will be further expanded, we expect that by 2025, The market size of the Ceramic Matrix Composites will reach $5195.0 Million.

Major key factors driving the growth of the Global Ceramic Matrix Composites Market are tighter government regulations concerning fuel efficiency, high demand from aerospace & defense, automotive, and energy & power end-use industries, and ability to survive at high temperature.

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The Global Ceramic Matrix Composites (CMC) Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Ceramic Matrix Composites (CMC) Market is sub-segmented into Oxides, SiC, Carbon and others. On the basis of Application, the Global Ceramic Matrix Composites (CMC) Market is classified into Aerospace, Defense, Energy & Power, Electrical & Electronics and others.

In terms of the geographic analysis, The Ceramic Matrix Composites (CMC) Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Ceramic Matrix Composites (CMC) Market ecosystem results in the increasing adoption of these systems in North America.

Global Ceramic Matrix Composites (CMC) Market Objectives:

1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Ceramic Matrix Composites (CMC) Market

2 To analyze and forecast the size of the Ceramic Matrix Composites (CMC) Market, in terms of value and volume

3 To analyze opportunities in the Ceramic Matrix Composites (CMC) Market for stakeholders and provide a competitive landscape of the market

4 To define, segment, and estimate the Ceramic Matrix Composites (CMC) Market based on deposit type and end-use industry

5 To strategically profile key players and comprehensively analyze their market shares and core competencies

6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market

7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America

8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Ceramic Matrix Composites (CMC) Market

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Top Leading Key Manufacturers are: 3M Company, Applied Thin Films, COI Ceramics, SGL Carbon Company, General Electric Company, Ube Industries, CeramTec International, CoorsTek and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Ceramic Matrix Composites (CMC) in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

Top Business News:

General Electric Company (September 28, 2020) - GE and Niger Delta Power Holding Company (NDPHC) Successfully Restore up to 360MW in Nigeria Amidst COVID-19 Pandemic - GE today announced the successful rehabilitation of three 9E.03 gas turbines, at two Niger Delta Power Holding Company’s (NDPHC) Power Plants in Calabar and Sapele, Nigeria. These operations reduced the risk of unplanned downtime of its power generation equipment, enabling the plants to reliably secure and restore the supply of up to 360 megawatts (MW) of electricity to the national grid, the equivalent electricity needed to power approximately two million Nigerian homes. Despite the challenges posed by the COVID-19 pandemic, GE and NDPHC worked together to swiftly implement safety procedures to ensure a safe and on-time execution.

“Being Nigeria’s largest electricity generating company, with a total installed capacity of 4.0 gigawatts (GW), representing about 35% of Nigeria’s generating capacity, we are committed to strengthening Nigeria's power sector, despite the unexpected logistical challenges of the COVID-19 outbreak,” said Chiedu Ugbo, Managing Director, NDPHC. “GE’s efficiency to mobilize local teams on-site with the required technical skills and expertise, as well as GE’s global supply chain scale was crucial to ensure the timely and safe completion of the outages at the sites and help us achieve our goal.”

The outages involved stage three bucket changeouts on three 9E gas turbines as well as additional combustion inspections. Engineers from GE and FieldCore, the field services execution company owned by GE, worked together and in close collaboration with NDPHC to implement additional safety measures and reduce the risk of exposure to COVID-19, including frequent disinfections at the site, physical distancing, standard passive and active temperature screenings for personnel, and the use of personal protective equipment such as masks and gloves.

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Major Points in Table of Contents:

Global Ceramic Matrix Composites (CMC) Market Report 2020

1 Ceramic Matrix Composites (CMC) Product Definition

2 Global Ceramic Matrix Composites (CMC) Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Ceramic Matrix Composites (CMC) Shipments

2.2 Global Manufacturer Ceramic Matrix Composites (CMC) Business Revenue

2.3 Global Ceramic Matrix Composites (CMC) Market Overview

2.4 COVID-19 Impact on Ceramic Matrix Composites (CMC) Industry

3 Manufacturer Ceramic Matrix Composites (CMC) Business Introduction

3.1 3M Company Ceramic Matrix Composites (CMC) Business Introduction

3.2 Applied Thin Films Ceramic Matrix Composites (CMC) Business Introduction

3.3 COI Ceramics Ceramic Matrix Composites (CMC) Business Introduction

3.4 SGL Carbon Company Ceramic Matrix Composites (CMC) Business Introduction

3.5 General Electric Company Ceramic Matrix Composites (CMC) Business Introduction

3.6 Ube Industries Ceramic Matrix Composites (CMC) Business Introduction

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