Market Size

The global ceramic matrix composites market size is valued at USD 8.8 billion in 2021 and is estimated to reach a value of USD xx billion in 2027. The ceramic matrix composites market analysis shows that it will grow with a CAGR of 11.0% over the forecast period of 2021 to 2027.

Market Driver

The demand for ceramic matrix composites from diverse sectors throughout the world is driving the growth of the ceramic matrix composites business. COVID-19 is predicted to have a negative impact on the ceramic matrix composites industry in 2021. During the predicted period, however, the end of the lockdown and the global economy's recovery will boost demand. Market growth would be fueled by rising demand for ceramic matrix composites in emerging nations, particularly in APAC (China, India, Singapore, and Thailand). Developing countries are embracing ceramic matrix composite-based airplane engines that are more fuel efficient. Other aviation engine parts that employ ceramic matrix include nozzles, combustor liners, blades, and shrouds. The aircraft's operational costs are reduced as a result of the higher fuel economy. The adoption of fuel-efficient cost-cutting machinery is aided by these nations' significant economic growth, which is accompanied by rising urbanization, industrialization, and living standards. It is now more important than ever to minimize the world's carbon footprint and pollution. Various governments throughout the world are attempting to reduce pollution by encouraging the use of fuel-efficient automobiles that emit less pollutants. As a result, it is critical for automobile manufacturers to lower vehicle weight in order to achieve greater efficiency. As a result, rising gasoline prices will be mitigated, and carbon emissions will be reduced. Many research and development initiatives in this field have resulted as a result of this. As a result, the demand for ceramic matrix composites is expanding in response to the rising need to enhance efficiency, reduce fuel costs, reduce pollution, and build lightweight cars. Lightweight armors are one of the most common uses for ceramic matrix composites. Their excellent strength-to-weight ratio and low weight, ceramic matrix composites are used in such armors.

Segment Outlook

On the basis of matrix type, the market is segmented into C/C, C/Sic, Oxide/Oxide, Sic/Sic and Others. The oxide/oxide segment is estimated to be the largest segment over the forecast period.  Based on fiber type, the market is segmented into Continuous, Woven, and Others. The automotive segment is estimated to be the largest segment over the forecast period.  Based on end-use industry, the market is segmented into Aerospace & Defense, Automotive, Energy & Power, Industrial.

Regional Outlook

The Ceramic Matrix Composites market research report provides an in-depth analysis of the industry, incorporating quantitative and qualitative data. It includes historical, present, and forecast data of the global market for Ceramic Matrix Composites by segment. Furthermore, it provides market size and forecast estimates for five regions, namely Asia Pacific, North America, Europe, Central & South America, Middle East, and Africa from 2015 to 2027. The Ceramic Matrix Composites market segments are by region and then by country and segment. North America will account for the largest market share in the global Ceramic Matrix Composites market. The key countries in this market include U.S., Italy, Germany, France, China, India, and Japan. The report analyzes supply and demand-side factors affecting Ceramic Matrix Composites market and then evaluates market dynamics affecting the market in coming years. Qualitative insight available in this report are opportunities, drivers, restraints, and future trends.

Company Profile Outlook

Key companies profiled in this market are General Electric Company (US), Rolls-Royce (UK), Axiom Materials Inc. (US), SGL Carbon (Germany), United Technologies (US), 3M Company (US), COI Ceramics (US), Lancer Systems (US), CoorsTek (US), Applied Thin Films (US), Ultramet (US), and CFC Carbon Co., Ltd. (China). However, we have also considered other companies for detailed primary interviews.

Research Methodology

Ceramic Matrix Composites market report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts, channel partners, and end users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.

About Us

Market Insight Solutions is a leading market research firm that caters to a diverse portfolio of research campaigns. We are one of the fastest growing research organization led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.

Segments covered in the report

Ceramic Matrix Composites Market Size and Outlook by Fiber Type

• Continuous
• Woven
• Others

Ceramic Matrix Composites Market Size and Outlook by Matrix Type

• C/C
• C/SiC
• Oxide/Oxide
• SiC/SiC

Ceramic Matrix Composites Market Size and Outlook by End Use Industry

• Aerospace & Defense
• Automotive
• Energy & Power
• Industrial
• Others

Ceramic Matrix Composites Market Size and Outlook by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Companies Profiled in this Report

• General Electric Company (US)
• Rolls-Royce (UK)
• SGL Carbon (Germany)
• Axiom Materials Inc. (US)
• United Technologies (US)
• 3M Company (US)
• COI Ceramics (US)
• Lancer Systems (US)
• CoorsTek (US)
• Applied Thin Films (US)
• Ultramet (US)
• CFC Carbon Co., Ltd. (China)

Actionable Outcomes

Our Ceramic Matrix Composites Market Report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities decisions as leaders.

Strategic Planning

Every business needs to understand how their product will grow in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.

Highlights of the report:

• COVID-19 impact on Ceramic Matrix Composites market size
• Ceramic Matrix Composites market size, drifts, drivers and opportunities
• Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
• Ceramic Matrix Composites market size in United States
• Understanding the dynamics of the parent market
• Prime fluctuations of the market dynamics
• Evaluation of the market opportunities
• Historical, current, and projected Ceramic Matrix Composites market size from the standpoint of both value and volume
• Market segmentation and comprehensive analysis in the second or third level
• Reporting and evaluation of recent industry developments
• Analysis of market share and developments
• Detailed company profiling of leading companies
• Opportunities to newer markets in global and regional markets
• Analyzing the trajectory line of the business
• Analyze Ceramic Matrix Composites market share
• Measures to consider for Ceramic Matrix Composites market