Press release
United States Ceramic Matrix Composites Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities
Market Size and GrowthThe Global Ceramic Matrix Composites Market reached USD 11.82 billion in 2022 and is expected to reach USD 25.76 billion by 2031 , growing with a CAGR of 10.31% during the forecast period 2024-2031
Key Development:
United States: Recent Industry Developments
✅ In September 2025, the Ceramic Matrix Composites III conference featured presentations on advancements in CMC technologies. Notably, Wylie Simpson from Axiom Materials Inc. discussed inter-ply reinforcement of oxide-oxide ceramic matrix composites for improved interlaminar strength.
✅ In August 2025, SRI International developed a cost-effective ceramic matrix composite using a novel manufacturing approach. This advancement is expected to scale these special materials for new industry applications, enhancing durability and heat resistance.
✅ In March 2025, GE Aerospace announced over USD 1 billion in U.S. plant renovations, including USD 20 million for its Asheville, North Carolina location. This investment aims to enhance the production of ceramic matrix composite engine parts, incorporating innovative manufacturing equipment and advanced inspection systems.
Japan: Recent Industry Developments
✅ In September 2025, the Ceramic Matrix Composites III conference in Japan featured Takeshi Tanamura from Shikibo Ltd., who presented on matrix development for non-oxide ceramic matrix composites based on the weak matrix concept, highlighting advancements in material design.
✅ In July 2025, Japan's ceramic matrix composites market was led by ten dominant companies known for innovation, market share, and strategic initiatives. These companies are contributing to the growth and development of CMC technologies in the region.
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Recent Mergers and Acquisitions:
United States: Recent M&A Activity in Ceramic Matrix Composites
✅ In January 2025, Kordsa, a subsidiary of Sabancı Holding, acquired U.S.-based Axiom Materials for USD 181 million. This strategic acquisition positions Kordsa as the only worldwide qualified manufacturer of oxide-oxide ceramic matrix composites, enhancing its capabilities in the aerospace sector.
✅ In January 2025, Spirit AeroSystems announced the sale of its Fiber Materials Inc. (FMI) division to Tex Tech Industries. FMI, specializing in high-temperature materials and composites, including CMCs, has supported clients like the Department of Defense and NASA, with facilities in Maine and Rhode Island.
✅ In 2019, ITT Inc. acquired Matrix Composites, a Florida-based manufacturer of precision composite components for aerospace applications. The acquisition, valued at USD 29 million, expanded ITT's product portfolio and capabilities in the aerospace sector.
Japan: Recent M&A Activity in Ceramic Matrix Composites
✅ In January 2022, JGC Holdings Corporation acquired ceramic composite products from Showa Denko Materials Co., Ltd. This acquisition strengthened JGC's position in automotive, semiconductor, and industrial equipment applications, complementing its existing business in ceramic composites.
Key Players:
=> General Electric, Rolls-Royce PLC, SGL Carbon, Raytheon Technologies Corporation, Applied Thin Films, Ultramet, CoorsTek, Lancer Systems, COI Ceramics,CFC Carbon co., ltd.
Growth Forecast Projected:
The Global Ceramic Matrix Composites Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Ceramic Matrix Composites Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
➥ By Product Type: C/C Ceramic Matrix Composites, C/SiC Ceramic Matrix Composites, Oxide/Oxide Ceramic Matrix Composites, SiC/SiC Ceramic Matrix Composites, Others
➥ By Application: Gas Turbine, Burner, and Hot Ducts, Bearings, Brake Disk, Others
➥ By End-User: Automotive, Aerospace & Defense, Energy & Power, Electrical & Electronics, Others
Regional Analysis for Ceramic Matrix Composites Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Ceramic Matrix Composites producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Ceramic Matrix Composites revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Ceramic Matrix Composites Market?
A: In 2022, the Ceramic Matrix Composites Market was valued at USD 11.82 billion, reflecting its strong industry presence.
Q2: How large is the Ceramic Matrix Composites Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Ceramic Matrix Composites Market will grow to around USD 25.76 billion, demonstrating significant expansion.
Q3: What is the growth rate of the Ceramic Matrix Composites Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 10.31% during the forecast period from 2024 to 2031.
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