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Ceramic Matrix Composites Market By Manufacturers, Technology, Application, Product Type, Fiber Type, End User And Regional Forecast 2022-2030
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According to The Business Research Company's ceramic matrix composite market report, the global ceramic matrix composites market size reached a value of nearly $5,737.39 million in 2021, having grown at a compound annual growth rate (CAGR) of 5.48% since 2016. The global ceramic matrix composites market size is expected to grow from $5,737.39 million in 2021 to $9,519.75 million in 2026 at a rate of 10.66%. The global ceramic matrix composites market size is then expected to grow at a CAGR of 11.87% from 2026 and reach $16,678.06 million in 2031.
The high demand for lightweight automobiles across the globe is contributing to the growth of the ceramic matrix composites market. The increased demand for lightweight electric vehicles has turned automakers' focus to lightweight composite materials as a substitute for heavier steel and iron in vehicles. For instance, according to McKinsey, the automotive industry is expected to increase the use of lightweight materials from 30 to 70% by 2030.
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The ceramic matrix composite market is segmented -
• By Type: Oxide/Oxide, Carbon/Silicon Carbide, Carbon/Carbon, Silicon Carbide/Silicon Carbide
• By Category: Short Fiber, Long Continuous Fiber, Whiskers
• By Production Method: Powder Dispersion, Reactive Melt Infiltration, Polymer Impregnation And Pyrolysis, Gaseous Infiltration, Chemical Vapor Infiltration, Sol-Gel, Other Production Methods.
• By End Use Industry: Aerospace And Defense, Automotive, Energy And Power, Electricals And Electronics, Other End-Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the ceramic matrix composite market.
Major competitors in the ceramic matrix composite market includes WEBFX, Boostability, The SEO Works Limited, Moz, Inc., WordStream.
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The ceramic matrix composite market consists of sales of special type of composite material in which both the reinforcement (refractory fibers) and matrix material are ceramics. Ceramic matrix composites are designed to improve the toughness of conventional ceramics. Ceramic matrix composites are used in the aerospace and energy sectors, as such applications require additional permanent or temporary toughness between elements and surrounding materials. These composites are reinforced by either continuous (long) fibers or discontinuous (short) fibers. Ceramic matrix composites are fabricated through vapor phase infiltration or deposition techniques. These methods include chemical vapor infiltration (CVI), liquid phase infiltration (LVI) and melt infiltration (MI). The market is segmented by type into oxide/oxide, carbon/silicon carbide, carbon/carbon and silicon carbide/silicon carbide.
The Table Of Content For The Ceramic Matrix Composite Market Include:
1. Ceramic Matrix Composites Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
.....
18. Competitive Landscape And Company Profiles
19. Key Mergers and Acquisitions In The Market
20. Global Ceramic Matrix Composites Market Opportunities And Strategies
21. Global Ceramic Matrix Composites Market, Conclusions And Recommendations
22. Appendix
The Business Research Company's "Global Ceramic Matrix Composite Market Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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