SiC Fiber Market to Surpass US$ 2.1 Billion by 2035, Driven by Rising Demand for Lightweight and High-Strength Materials

The global silicon carbide (SiC) fiber market is poised for remarkable growth, with its valuation projected to rise from US$ 668.4 million in 2024 to approximately US$ 2,129.3 million by 2035. This growth trajectory reflects a strong compound annual growth rate (CAGR) of 11.4% from 2025 through 2035.

Silicon carbide fiber is a fundamental material having remarkable thermal, electrical, and mechanical properties. As a lightweight, high-strength reinforcement material, SiC fibers help improve the performance of composite materials applicable in the aerospace, defense, power, and electronics sectors.

Due to the growing need for high-performance materials that can endure harsh environments, the SiC fiber market is expected to grow significantly. This growth is driven by novel technology improvements and a growing demand for lightweight solutions that are energy efficient.

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Key Takeaways from Market Study:

The SiC fiber market is projected to grow from US$ 668.4 million in 2024 to approximately US$ 2,129.3 million by 2035.
The market is expected to expand at a CAGR of 11.4% from 2025 to 2035
An absolute dollar opportunity of approximately US$ 1.405 billion is anticipated during the forecast period.
North America is estimated to hold around 54.8% of the global market share by 2035.
The aerospace & defense segment is expected to grow at an 11.5% CAGR between 2025 and 2035, creating an incremental value of about US$ 591.2 million.
North America and East Asia combined are projected to contribute nearly US$ 1.19 billion in absolute opportunity through 2035.

Leading Players Driving Innovation in the SiC Fiber Market:

SGL Carbon; 3M; H.C. Starck; NextEra Energy Inc.; Toyobo Co., Ltd.; U.S. Specialty Materials (USSM); CeramTec; Nippon Carbon Co., Ltd.; GE Aviation; Dow Chemical (Dow Inc.); Applied Materials; BJS Ceramics GmbH; American Elements; Saint Gobain; General Electric Company; NGS Advanced Fiber Co. Ltd; Suzhou Saifei Group Co.; Other Prominent Players.

Market Outlook & Performance:
SiC fibers are gaining significant attention due to their outstanding thermal resistance, mechanical strength, and lightweight properties. These attributes make them an ideal choice for high-performance composite materials used in aerospace, defense, energy, and electronics industries. As these sectors increasingly prioritize efficiency, durability, and weight reduction, SiC fibers are becoming critical to next-generation engineering solutions.

Segmentation Overview:
The market is segmented by fiber type into continuous and short SiC fibers. In terms of end-use industries, the key segments include aerospace & marine, energy & power generation, automotive, defense & military, and electronics. Geographically, the market spans across North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and the Middle East & Africa.

SiC Fiber Market News:

In December 2024, General Atomics received DOE Contract for Silicon Carbide CMC for Fusion Power Plants. GA-EMS have over three decades of working experience with SiC and said that it began its existing work on CMC for nuclear fuel cladding in the year 2009. Merging experience with fresh science, scientists of GA-EMS have created high-tech engineered SiC CMC named SiGA, which became the material-of-choice for DOE's Accident Tolerant Fuel (ATF) program.

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More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the global SiC Fiber Market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.

The SiC fiber industry is segmented based on fiber type, industry, and region. By fiber type, the market includes continuous SiC fibers and short SiC fibers. In terms of industry, SiC fibers are widely used across aerospace and marine, energy and power generation, automotive, defense and military, and electronics sectors. Regionally, the market is distributed across North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and the Middle East & Africa.

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This release was published on openPR.