HOME Top Market Reports Ceramic Matrix Composites Market by Type (Oxide/Oxide, Silicon Carbide/Silicon Carbide, Carbon/Carbon and Others), by Application (Aerospace, Defense, Energy & Power, Electrical & Electronics and Others) and by Region - Trends & Forecasts to 2019

Ceramic Matrix Composites Market by Type (Oxide/Oxide, Silicon Carbide/Silicon Carbide, Carbon/Carbon and Others), by Application (Aerospace, Defense, Energy & Power, Electrical & Electronics and Others) and by Region - Trends & Forecasts to 2019

By: marketsandmarkets.com
Publishing Date: November 2014
Report Code: CH 2940

Discount on Reports  

  Speak to Analyst Enquiry Before Buying  
purchase report
download pdf  request for customisation


The report includes four different types of ceramic matrix composites, namely, oxide/oxide, silicon carbide/silicon carbide, carbon/carbon, and others (carbon/silicon carbide and ceramic metal matrix composites among others). Ceramic matrix composites are used for manufacturing aircraft engine components, brake discs, fuel cells, vehicle & body armours, heat shields, and so on.

The global market for ceramic matrix composites is increasing due to the following factors:

  • Growing demand for ceramic matrix composites in energy & power industry
  • Better environmental resistance
  • OEM’s focus on reducing aircraft weight to optimize fuel efficiency

About the market

The global ceramic matrix composites market has grown significantly during the last few years. It is expected to grow rapidly in the next five years, mainly driven by the growing consumption in Asia-Pacific and North America.

North America is the largest consumer of ceramic matrix composites globally. The ceramic matrix composites market in North America is projected to grow with a CAGR of 14.15% between 2014 and 2019. The U.S., Mexico, and Canada are the leading markets for ceramic matrix composites in North America. The demand for ceramic matrix composites in these markets is fueled by growth in industries, such as automotive, aerospace, energy & power, and defense

This study estimates the global ceramic matrix composites market for 2013 and projects the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the global market. It also includes a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, challenges, and key issues. The market is further segmented and projected based on important regions North America, Europe, Asia-Pacific, and RoW (Rest of the World). The market size for leading countries of each region, in terms of volume and value, is estimated. Various secondary sources, such as encyclopedia, directories, and databases have been used to identify and collect information for this extensive commercial study of the ceramic matrix composites market. The primary sources, experts from related industries and suppliers, have been interviewed to obtain and verify crucial information as well as to understand the future prospects of ceramic matrix composites.

Competitive scenario and market share of the leading players in the ceramic matrix composites market have been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities. These include 3M Co. (U.S.), General Electric Co. (U.S.), CeramTec GmbH (Germany), Kyocera Corp. (Japan), SGL Carbon SE (Germany), UBE Industries Ltd. (Japan), COI Ceramics Inc. (U.S.), Lancer Systems LP (U.S.), Ultramet Inc. (U.S.), Starfire Systems Inc. (U.S.), Applied Thin Films Inc. (U.S.), and CoorsTek Inc. (U.S.).

Scope of the report: This research report categorizes the global market for ceramic matrix composites on the basis of types, applications, and regions, forecasting market size in terms of volume and value, and analyzing trends in each of the submarkets.

On the basis of types: The market is segmented on the basis of various types, such as oxide/oxide, silicon carbide/silicon carbide, carbon/carbon, and others (carbon/silicon carbide and ceramic metal matrix composites among others). Each segment (type) is further described in detail in the report with volumes and values forecast for each type.

On the basis of applications: The market is segmented on the basis of various applications, such as aerospace, defense, energy & power, electrical & electronics, and others (automotive, marine, and biomedical). Each application segment is further described in detail in the report with volumes and values forecast for each application.

On the basis of regions: The global ceramic matrix composites market is segmented into four regions, North America, Europe, Asia-Pacific, and RoW. Key countries include the U.S., Mexico, Canada, Germany, the U.K., France, Russia, China, India, Japan, South Korea, and Brazil.

Table of Contents 
 
1 Introduction (Page No. 17)
    1.1 Objectives
    1.2 Market Definition
    1.3 Market Scope
          1.3.1 Market Covered
                   1.3.1.1 Market By Type
                   1.3.1.2 Market By Application
                   1.3.1.3 GEographic Scope
          1.3.2 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. 21)
    2.1 Research Data
          2.1.1 Secondary Data
                   2.1.1.1 Key Data From Secondary Sources
          2.1.2 Primary Data
                   2.1.2.1 Key Data From Primary Sources
    2.2 Market Size Estimation
          2.2.1 Top-Down Approach
          2.2.2 Bottom-Up Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions
          2.4.1 Assumptions

3 Executive Summary (Page No. 26)

4 Premium Insights (Page No. 29)
    4.1 Upcoming Opportunities in Ceramic Matrix Composites Market
    4.2 Ceramic Matrix Composites – Top Three Composites
    4.3 Ceramic Matrix Composites Market in Asia-Pacific
    4.4 the U.S. Dominates the Global Ceramic Matrix Composites Market
    4.5 Market: Developed Vs. Developing Nations
    4.6 Market, By Type (2014–2019)
    4.7 Market, By Application, 2019
    4.8 Product Growth Matrix
    4.9 Life Cycle Analysis, By Region

5 Market Overview (Page No. 36)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
          5.3.1 Drivers
                   5.3.1.1 Need to Reduce Weight to Optimize Efficiency
                   5.3.1.2 Growing Demand for Ceramic Matrix Composites in Energy & Power Industry
                   5.3.1.3 Better Environmental Resistance
          5.3.2 Restraints
                   5.3.2.1 Higher Costs Compared to Other Metals and Alloys
                   5.3.2.2 High Customization Requirement for End-Use Applications
          5.3.3 Opportunities
                   5.3.3.1 Incorporation of Low-Cost Production Technologies
                   5.3.3.2 Standardization of Ceramic Matrix Composites for Serial Production
                   5.3.3.3 Increasing R&D Activities and Mass Production of Ceramic Fibers
          5.3.4 Challenges
                   5.3.4.1 Concerns About Reparability and Recyclability
                   5.3.4.2 Slower Adoption in Newer Applications
          5.3.5 Burning Issues
                   5.3.5.1 Highly Capital-Intensive Market

6 Industry Trends (Page No. 40)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Price & Cost Analysis
    6.4 Porter’s Five Forces Analysis
          6.4.1 Bargaining Power of Suppliers
          6.4.2 Bargaining Power of Buyers
          6.4.3 Threat of Substitutes
          6.4.4 Threat of New Entrants
          6.4.5 Intensity of Rivalry

7 Ceramic Matrix Composites Market, By Types (Page No. 50)
    7.1 Introduction
    7.2 Oxide/Oxide Ceramic Matrix Composites
    7.3 Silicon Carbide/Silicon Carbide Ceramic Matrix Composites
    7.4 Carbon/Carbon Ceramic Matrix Composites
    7.5 Other Ceramic Matrix Composites
 
8 Ceramic Matrix Composites Market, By Application (Page No. 61)
    8.1 Introduction
    8.2 Aerospace
    8.3 Defense
    8.4 Energy & Power
    8.5 Electrical & Electronics
    8.6 Others

9 Ceramic Matrix Composites Market, By Region (Page No. 74)
    9.1 Introduction
    9.2 North America
          9.2.1 U.S.
          9.2.2 Canada
          9.2.3 Mexico
    9.3 Europe
          9.3.1 Germany
          9.3.2 U.K.
          9.3.3 France
          9.3.4 Russia
          9.3.5 Others
    9.4 Asia-Pacific
          9.4.1 China
          9.4.2 Japan
          9.4.3 South Korea
          9.4.4 India
          9.4.5 Others
    9.5 Rest of the World (ROW)
          9.5.1 Brazil
          9.5.2 Others

10 Competitive Landscape (Page No. 126)
     10.1 Overview
     10.2 Expansion: the Most Popular Growth Strategy
     10.3 GE Co., Ceramtec GMBH, Coorstek Inc. & 3M Co.: Most Active Participants
     10.4 Competitive Situation & Trends
             10.4.1 Expansions
             10.4.2 New Product Launches, Awards & Developments
             10.4.3 Agreements, Partnerships, Collaborations & Joint Venture
             10.4.4 Mergers & Acquisitions
 
11 Company Profiles (Page No. 137)
     (Overview, Financial*, Products & Services, Strategy, and Developments) 
     11.1 Introduction
     11.2 General Electric Co.
     11.3 3M Company
     11.4 Kyocera Corporation
     11.5 SGL Carbon SE
     11.6 UBE Industries Ltd.
     11.7 Applied Thin Films Inc.
     11.8 Ceramtec International
     11.9 COI Ceramics Inc.
     11.10 Coorstek Inc.
     11.11 Lancer Systems LP
     11.12 Starfire Systems Inc.
     11.13 Ultramet Inc.

*Details Might Not Be Captured in Case of Unlisted Companies. 

12 Appendix (Page No. 166)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Introducing RT: Real Time Market Intelligence
     12.4 Related Reports
 
 
List of Tables (111 Tables) 
  
Table 1 Ceramic Matrix Composites Market Size, By Region, 2012–2019 ($Million)
Table 2 Increasing Demand in End-Use Industries is Driving the Market Growth
Table 3 High Cost & Customization Requirements Restraining the Market Growth
Table 4 Incorporation of Low-Cost Production Technologies to Increase Sustainability & Profitability
Table 5 North America: Ceramic Matrix Composites Average Prices, By Type, 2012–2019 ($/KG)
Table 6 Europe: Ceramic Matrix Composites Average Prices, By Type, 2012 – 2019 ($/KG) 
Table 7 Asia-Pacific: Ceramic Matrix Composites Average Prices, By Type, 2012–2019 ($/KG) 
Table 8 ROW: Ceramic Matrix Composites Average Prices, By Type, 2012–2019 ($/KG) 
Table 9 Ceramic Matrix Composites Market Size, By Type, 2012–2019 ($Million)
Table 10 Ceramic Matrix Composites Market Size, By Type, 2012–2019 (Kilotons)
Table 11 Oxide/Oxide Ceramic Matrix Composites Market Size (Volume & Value), 2012–2019
Table 12 Silicon Carbide/Silicon Carbide Ceramic Matrix Composites Market Size (Volume & Value), 2012–2019
Table 13 Carbon/Carbon Ceramic Matrix Composites Market Size (Volume & Value), 2012–2019
Table 14 Other Ceramic Matrix Composites Market Size (Volume & Value), 2012–2019 
Table 15 Market Size, By Application, 2012–2019 ($Million) 
Table 16 Market Size, By Application, 2012–2019 (Kilotons) 
Table 17 Market Size in Aerospace (Volume & Value), 2012–2019
Table 18 Market Size in Defense (Volume & Value) 2012–2019
Table 19 Market Size in Energy & Power (Volume & Value), 2012–2019
Table 20 Market Size in Electrical & Electronics (Volume & Value), 2012–2019
Table 21 Market Size in Others (Volume & Value), 2012–2019
Table 22 Market Size, By Region, 2012–2019 ($Million)
Table 23 Market Size, By Region, 2012–2019 (Kilotons)
Table 24 North America: Ceramic Matrix Composites Market Size, By Country, 2012–2019 ($Million)
Table 25 North America: Market Size, By Country, 2012–2019 (Kilotons)
Table 26 North America: Market Size, By Type, 2012–2019 ($Million)
Table 27 North America: Market Size, By Type, 2012–2019 (Kilotons)
Table 28 North America: Market Size, By Application, 2012–2019 ($Million)
Table 29 North America: Market Size, By Application, 2012–2019 (Kilotons)
Table 30 U.S.: Market Size, By Type, 2012–2019 ($Million) 
Table 31 U.S.: Market Size, By Type, 2012–2019 (Kilotons) 
Table 32 U.S.: Market Size, By Application, 2012–2019 ($Million) 
Table 33 U.S.: Market Size, By Application, 2012–2019 (Kilotons) 
Table 34 Canada: Market Size, By Type, 2012–2019 ($Million) 
Table 35 Canada: Market Size, By Type, 2012–2019 (Kilotons) 
Table 36 Canada: Market Size, By Application, 2012–2019 ($Million) 
Table 37 Canada: Market Size, By Application, 2012–2019 (Kilotons) 
Table 38 Mexico: Market Size, By Type, 2012–2019 ($Million) 
Table 39 Mexico: Market Size, By Type, 2012–2019 (Kilotons) 
Table 40 Mexico: Market Size, By Application, 2012–2019 ($Million) 
Table 41 Mexico: Market Size, By Application, 2012–2019 (Kilotons) 
Table 42 Europe: Market Size, By Country, 2012–2019 ($Million) 
Table 43 Europe: Market Size, By Country, 2012–2019 (Kilotons) 
Table 44 Europe: Market Size, By Type ($Million), 2012–2019
Table 45 Europe: Market Size, By Type (Kilotons), 2012–2019
Table 46 Europe: Market Size, By Application ($Million), 2012–2019
Table 47 Europe: Market Size, By Application (Kilotons), 2012–2019
Table 48 Germany: Market Size, By Type, 2012–2019 ($Million) 
Table 49 Germany: Market Size, By Type, 2012–2019 (Kilotons) 
Table 50 Germany: Market Size, By Application ($Million), 2012–2019
Table 51 Germany: Market Size, By Application (Kilotons), 2012–2019
Table 52 U.K.: Market Size, By Type, 2012–2019 ($Million) 
Table 53 U.K.: Market Size, By Type, 2012–2019 (Kilotons) 
Table 54 U.K.: Market Size, By Application, 2012–2019 ($Million) 
Table 55 U.K.: Market Size, By Application, 2012–2019 (Kilotons) 
Table 56 France: Market Size, By Type, 2012–2019 ($Million) 
Table 57 France: Market Size, By Type, 2012–2019 (Kilotons) 
Table 58 France: Market Size, By Application, 2012–2019 ($Million) 
Table 59 France: Market Size, By Application, 2012–2019 (Kilotons) 
Table 60 Russia: Market Size, By Type, 2012–2019 ($Million) 
Table 61 Russia: Market Size, By Type, 2012–2019 (Kilotons) 
Table 62 Russia: Market Size, By Application, 2012–2019 ($Million) 
Table 63 Russia: Market Size, By Application, 2012–2019 (Kilotons) 
Table 64 Others: Market Size, By Type, 2012–2019 ($Million) 
Table 65 Others: Market Size, By Type, 2012–2019 (Kilotons) 
Table 66 Others: Market Size, By Application, 2012–2019 ($Million) 
Table 67 Others: Ceramic Matrix Composites Market Size, By Application, 2012–2019 (Kilotons) 
Table 68 Asia-Pacific: Market Size, By Country, 2012–2019 ($Million) 
Table 69 Asia-Pacific: Market Size, By Country, 2012–2019 (Kilotons)
Table 70 Asia-Pacific: Market Size, By Type, 2012–2019 ($Million)
Table 71 Asia-Pacific: Market Size, By Type, 2012–2019 (Kilotons)
Table 72 Asia-Pacific: Market Size, By Application, 2012–2019 ($Million)
Table 73 Asia-Pacific: Market Size, By Application, 2012–2019 (Kilotons)
Table 74 China: Market Size, By Type, 2012–2019 ($Million)
Table 75 China: Market Size, By Type, 2012–2019 (Kilotons)
Table 76 China: Market Size, By Application, 2012–2019 ($Million) 
Table 77 China: Market Size, By Application, 2012–2019 (Kilotons) 
Table 78 Japan: Market Size, By Type, 2012–2019 ($Million) 
Table 79 Japan: Market Size, By Type, 2012–2019 (Kilotons) 
Table 80 Japan: Market Size, By Application, 2012–2019 ($Million) 
Table 81 Japan: Market Size, By Application, 2012–2019 (Kilotons) 
Table 82 South Korea: Market Size, By Type, 2012–2019 ($Million) 
Table 83 South Korea: Market Size, By Type, 2012–2019 (Kilotons) 
Table 84 South Korea: Market Size, By Application, 2012–2019 ($Million)
Table 85 South Korea: Market Size, By Application, 2012–2019 (Kilotons)
Table 86 India: Market Size, By Type, 2012–2019 ($Million) 
Table 87 India: Market Size, By Type, 2012–2019 (Kilotons) 
Table 88 India: Market Size, By Application, 2012–2019 ($Million) 
Table 89 India: Market Size, By Application, 2012–2019 (Kilotons) 
Table 90 Others: Ceramic Matrix Composites Market Size, By Type, 2012–2019 ($Million) 
Table 91 Others: Market Size, By Type, 2012–2019 (Kilotons) 
Table 92 Others: Market Size, By Application, 2012–2019 ($Million) 
Table 93 Others: Market Size, By Application, 2012–2019 (Kilotons) 
Table 94 ROW: Market Size, By Country, 2012–2019 ($Million) 
Table 95 ROW: Market Size, By Country, 2012–2019 (Kilotons) 
Table 96 ROW: Market Size, By Type, 2012–2019 ($Million) 
Table 97 ROW: Market Size, By Type, 2012–2019 (Kilotons) 
Table 98 ROW: Market Size, By Application, 2012–2019 ($Million) 
Table 99 ROW: Ceramic Matrix Composites Market Size, By Application, 2012–2019 (Kilotons) 
Table 100 Brazil: Market Size, By Type, 2012–2019 ($Million) 
Table 101 Brazil: Market Size, By Type, 2012–2019 (Kilotons) 
Table 102 Brazil: Market Size, By Application, 2012–2019 ($Million) 
Table 103 Brazil: Market Size, By Application, 2012–2019 (Kilotons) 
Table 104 Others: Market Size, By Type, 2012–2019 ($Million) 
Table 105 Others: Market Size, By Type, 2012–2019 (Kilotons) 
Table 106 Others: Market Size, By Application, 2012–2019 ($Million) 
Table 107 Others: Ceramic Matrix Composites Market Size, By Application, 2012–2019 (Kilotons) 
Table 108 Expansions, 2011–2014
Table 109 New Product Launches, Awards & Developments, 2011–2014
Table 110 Agreements, Partnerships, Collaborations & Joint Ventures, 2011–2014 
Table 111 Mergers & Acquisitions, 2011–2014
 
 
List of Figures (73 Figures) 
 
Figure 1 Ceramic Matrix Composites Market, By Type
Figure 2 Ceramic Matrix Composites Market, By Application
Figure 3 Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Market Size Estimation: Bottom-Up Approach
Figure 7 Silicon Carbide/Silicon Carbide Composites Segment Dominates the Global Ceramic Matrix Composites Market, 2013
Figure 8 Ceramic Matrix Composites Market, By Application, 2014
Figure 9 Ceramic Matrix Composites Market Share (Value), 2013
Figure 10 Attractive Opportunities in Ceramic Matrix Composites Market
Figure 11 Oxide/Oxide Composites to Grow at the Fastest Rate Among the Top Three Ceramic Matrix Composites
Figure 12 Silicon Carbide/Silicon Carbide Composites Account for the Largest Market Share (Value) in Asia-Pacific
Figure 13 The U.S. Has the Largest Share of Ceramic Matrix Composites Market
Figure 14 Market Size (Value) for Developed Vs. Developing Nations
Figure 15 More Than 65% of the Total Market Growth Will Come From Top Two Ceramic Matrix Composite Types Between 2014 & 2019
Figure 16 Energy & Power and Defense Applications to Grow at A High CAGR in the Global Market
Figure 17 Aerospace, Defense, and Energy & Power Applications Provide New Revenue Pockets for Market Players
Figure 18 Asia-Pacific Market is Expected to Grow Exponentially in Coming Years
Figure 19 Ceramic Matrix Composites Market Segmentation
Figure 20 Market Dynamics
Figure 21 Ceramic Matrix Composites: Value Chain
Figure 22 Porter’s Five Forces Analysis of the Ceramic Matrix Composites Market
Figure 23 Silicon Carbide/Silicon Carbide Dominates the Market for Ceramic Matrix Composites, 2013 Vs. 2019
Figure 24 Asia-Pacific is the Fastest-Growing Market for Oxide/Oxide Ceramic Matrix Composites, 2014-2019
Figure 25 The U.S. is the Largest Market Followed By China
Figure 26 North America is the Largest Market for Silicon Carbide/Silicon Carbide Ceramic Matrix Composites, 2013
Figure 27 The U.S. is the Largest Market, Followed By China & Germany
Figure 28 North America Dominates the Carbon/Carbon Ceramic Matrix Composites Market, 2013
Figure 29 The U.S. Accounted for A Share of 37.0% of the Carbon/Carbon Ceramic Matrix Composites Market
Figure 30 Asia-Pacific is the Fastest-Growing Market, Followed By North America, 2014-2019
Figure 31 The U.S. is the Largest Market for Other Ceramic Matrix Composites
Figure 32 Aerospace to Grow Rapidly in Next Five Years
Figure 33 Asia-Pacific: the Fastest Growing Regional Market, 2014-2019
Figure 34 U.S., Germany & China: the Top Three Players Markets
Figure 35 North America Leading the Current & Future Market
Figure 36 The U.S. is the Largest Market Followed By China and Germany
Figure 37 Asia-Pacific: the Fastest-Growing Market, 2014-2019
Figure 38 China is the Most Lucrative Market for Energy & Power Applications
Figure 39 North America to Grow By 64.8% in the Next Five Years
Figure 40 The U.S., China & Germany Are Leading Markets in Respective Regions
Figure 41 Asia-Pacific to Register 78.8% Growth in Next Five Years
Figure 42 The U.S., China & Mexico Are Leading Markets for Other Applications
Figure 43 Regional Snapshot (2013): China & India Are Emerging as New Hot Spots
Figure 44 Ox/Ox Fastest Growing CMC in China
Figure 45 North America Market Snapshot, 2013: Demand Will Be Driven By High Growth Rates in Leading Markets
Figure 46 The U.S. to Remain the Largest Ceramic Matrix Composites Market, 2014-2019
Figure 47 Germany is the Largest Market for the Top-Three Applications of Ceramic Matrix Composites in Europe (2013)
Figure 48 Asia-Pacific Ceramic Matrix Composites Market Snapshot – China, Japan & India Are the Most Lucrative Markets
Figure 49 Increasing Aerospace & Defense Industries Are Contributing to the Growth of Ceramic Matrix Composites in China
Figure 50 Companies Adopted Expansion as the Key Growth Strategy Over the Last Four Years
Figure 51 GE is the Largest Market Player in Terms of R&D Expenditure, 2011-2013 
Figure 52 Key Growth Strategies in the Global Ceramic Matrix Composites Market, 2011–2014
Figure 53 Market Evolution Framework – Significant Expansion Activities Have Fueled Growth in 2012 and 2013
Figure 54 GE & Ceramtec: the Most Active Market Players
Figure 55 Regional Revenue Mix of Top 5 Market Players
Figure 56 Competitive Benchmarking of Market Players (2009-2013): GE and Ceramtec GMBH Emerged as Dark Horses Owing to Their R&D Expenditure
Figure 57 General Electric Co.: Business Overview
Figure 58 General Electric Co.: SWOT Analysis
Figure 59 3M Company: Business Overview
Figure 60 3M Company: SWOT Analysis
Figure 61 Kyocera Corp.: Business Overview
Figure 62 Kyocera Corp.: SWOT Analysis
Figure 63 SGL Carbon SE: Business Overview
Figure 64 SGL Carbon SE: SWOT Analysis
Figure 65 UBE Industries Ltd.: Business Overview
Figure 66 UBE Industries: SWOT Analysis
Figure 67 ATFI: Business Overview
Figure 68 Ceramtec International: Business Overview
Figure 69 COI Ceramics: Business Overview
Figure 70 Coorstek Inc.: Business Overview
Figure 71 Lancer Systems LP: Business Overview
Figure 72 Starfire Systems Inc.: Business Overview
Figure 73 Ultramet Inc.: Business Overview

The ceramic matrix composites market is projected to grow at a CAGR of 13.81% between 2014 and 2019 and is estimated to generate the global market size of $2.40 billion by 2019. The aerospace is the largest application segment of the ceramic matrix composites market across the world. The market for the same is projected to be worth $1.01 billion by 2019.

The report on ceramic matrix composites includes four different types of composites. These are oxide/oxide, silicon carbide/silicon carbide, carbon/carbon, and others (carbon/silicon carbide and ceramic metal matrix composites). The global market is witnessing high growth because of increasing demand for aircrafts, automobiles, light-weight armors, technological advancements, and growing demand in North America and Asia-Pacific. Ceramic matrix composites are largely used for manufacturing engine components & structures for aircrafts & ships, vehicle armors, body armors, aircraft armors, heat-shields, and biodegradable splints among others. The growth for the ceramic matrix composites market is driven by the speedy development in aerospace, defense, energy & power, marine, and automotive industries across the world. The oxide/oxide and carbon/carbon composites growth are the important market drivers for ceramic matrix composites.

Increasing R&D activities and mass production of ceramic fibers are expected to be the key growth opportunities for ceramic matrix composites market players to increase their market shares and business revenue. The cost of ceramic matrix composites can be controlled by the cost of ceramic fibers. For instance, owing to the comparatively lower prices of carbon fibers, the overall cost of carbon/carbon ceramic matrix composites is the lowest. The lower prices of carbon fibers are because of the mass production by many manufacturers during the last decade. On the other hand, the production volume of oxide and silicon carbide fibers is still low compared to carbon fibers. The world market for these fibers is dominated by few manufacturers, which has led to higher prices of these fibers. Mass production of ceramic matrix composites will lower its prices, leading to an increase in market penetration and profitability.

The key participants in the global ceramic matrix composites market include 3M Co. (U.S.), General Electric Co. (U.S.), CeramTec GmbH (Germany), Kyocera Corp. (Japan), SGL Carbon SE (Germany), Vesuvius PLC (U.K.), UBE Industries Ltd. (Japan), COI Ceramics Inc. (U.S.), Lancer Systems LP (U.S.), Ultramet Inc. (U.S.), Starfire Systems Inc. (U.S.), ATFI (U.S.), CoorsTek Inc. (U.S.), and MT Aerospace AG (Germany) among others. This report follows both top-down and bottom-up approaches to estimate and forecast the global ceramic matrix composites market size, by volume and value.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Fibers and Composites Markets on KnowledgeStore
Request Demo