Ceramic Matrix Composites Market
Ceramic Matrix Composites Market by Fiber Type (Continuous Fiber, Woven Fiber, Other Fibers), Fiber Material (Alumina Fiber, SiC Fiber, Other Fiber), Matrix Type (Oxide/Oxide Ceramic Matrix Composites, C/SIC Ceramic Matrix Composite, C/C Ceramic Matrix Composite, SIC/SIC Ceramic Matrix Composite), End-use Industry (Aerospace & Defense, Automotive, Energy & Power, Industrial, Other End-use Industries), and Region - Global Forecast to 2030
OVERVIEW
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
The ceramic matrix composite market is projected to reach USD 20.83 billion by 2030 from USD 12.76 billion in 2025, at a CAGR of 10.3% in terms of value. The market for ceramic matrix composites is anticipated to experience substantial growth due to factors such as, high strength, lightweight nature, and outstanding thermal resistance, making them suitable for use in the aerospace, defense, automotive, and energy sectors. As industries face increasing pressure to enhance fuel efficiency and reduce carbon emissions, ceramic matrix composites provide a distinct advantage over traditional metals by lowering component weight while ensuring durability in extreme operating environments. Their application is expanding in jet engines, gas turbines, and braking systems, as they facilitate improved efficiency, decreased cooling needs, and adherence to strict environmental standards. Additionally, ongoing progress in fiber technology, manufacturing methods, and cost-efficiency is making ceramic matrix composites more commercially feasible.
KEY TAKEAWAYS
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BY MATRIX TYPEKey matrix types include silicon carbide (SiC/SiC), carbon/carbon (C/C), oxide/oxide(Ox/Ox), and Carbon/SiC(C/SiC). In terms of value, SiC/SiC-based ceramic matrix composites are the fastest growing due to their excellent high-temperature and oxidation resistance. These materials are designed for environments requiring high mechanical strength, stiffness, and durability, making them preferred in aerospace, defense, and energy industries.
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BY END-USE INDUSTRYCeramic matrix composites are increasingly adopted in aerospace & defense, energy & power, automotive, and industrial end-use industries to enable lightweight, customizable, and high-performance components.
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BY FIBER TYPEKey fiber types include continuous, woven, and other types. The woven fiber segment within the ceramic matrix composites market is witnessing rapid growth in value. This increase is fueled by its exceptional mechanical properties and adaptability in high-performance applications across the aerospace, automotive, and energy industries. The innovative weaving methods employed improve damage tolerance and durability, making woven fibers more appealing for challenging environments.
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BY FIBER MATERIALKey fiber materials include SiC, alumina, carbon, and others. The swift expansion of the silicon carbide fiber segment within the ceramic matrix composite market is propelled by its remarkable thermal stability, impressive strength-to-weight ratio, and superior resistance to oxidation and corrosion under high temperatures. These characteristics render SiC fibers perfect for rigorous applications in aerospace, defense, and energy, where components are required to withstand extreme conditions.
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BY REGIONAsia Pacific is expected to grow fastest, with a CAGR of 10.6%, due to the presence of well-established ceramic matrix composite manufacturers, fueled by defense modernization, new energy programs, and increasing automotive and aerospace manufacturing in China, Japan, and India followed by Europe, North America, Middle East & Africa, and Latin America.
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COMPETITIVE LANDSCAPEThe market is driven by strategic collaborations, capacity expansions, and technological innovations from leading players such as GE Aerospace, SGL Carbon, Rolls-Royce Plc, and Innovate smaller firms. Businesses are concentrating on improving durability, cutting expenses, and introducing advanced turbine, automotive, and defense products to maintain their competitive edge. Current trends include industry consolidation and partnerships aimed at advancing technology.
The market for ceramic matrix composites is set to experience significant growth, driven by rising demand for advanced materials that deliver exceptional performance in extreme conditions and ongoing technological innovations. Businesses are utilizing ceramic matrix composites for their resistance to high temperatures, lightweight properties, and robustness, particularly within the aerospace, defense, automotive, and energy industries. The distinctive combination of thermal stability, wear resistance, and flexibility in design renders ceramic matrix composites essential for vital applications in sectors aiming to boost efficiency, reliability, and innovation.
TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS
Changes in customer trends or disruptions impact consumers’ businesses. These shifts impact the revenues of end users. Consequently, the revenue impact on end users is expected to affect the revenues of ceramic matrix composite suppliers, which, in turn, impacts the revenues of ceramic matrix composite manufacturers.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
MARKET DYNAMICS
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Increasing demand for ceramic matrix composites in developing countries
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Higher demand for lightweight and fuel-efficient vehicles
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Higher costs than other metals and alloys
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Limitations of ceramic matrix composites in various applications
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Growing use of lightweight components in various end-use industries
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Mass manufacture and standardization of ceramic matrix composites production process
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Limited use due to reparability and recyclability
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Scaling up manufacturing process while maintaining consistent quality and reducing costs
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Driver: Higher demand for lightweight and fuel-efficient vehicles
The rising demand for lightweight materials that enhance fuel efficiency in vehicles is fueling the use of ceramic matrix composites. Their outstanding strength-to-weight ratio decreases overall weight while maintaining performance, making them suitable for aerospace, automotive, and defense sectors. This shift aligns with increasing environmental regulations and cost-saving pressures for manufacturers.
Restraint: Higher costs than other metals and alloys
Ceramic matrix composites generally exhibit higher prices than conventional metals and alloys. This is primarily attributed to intricate manufacturing techniques, unique raw materials, and the requirement for precise fabrication. These elevated costs pose challenges for initial adoption among many manufacturers, thereby restricting applications to high-value industries where enhanced performance warrants the expense.
Opportunity: Growing use of lightweight components in various end-use industries
The rising interest in lightweight, high-performance materials across various industries creates significant opportunities for ceramic matrix composites. Progress in material science and manufacturing techniques is addressing many prior integration issues, allowing for wider applications beyond aerospace into automotive, energy, and industrial sectors. The inherent resistance of ceramic matrix composites to heat, wear, and corrosion paves the way for advanced propulsion systems, high-efficiency turbines, and robust industrial components. Growing investments in research and development and governmental support for sustainable materials further boost growth potential.
Challenge: Limited use due to reparability and recyclability
While ceramic matrix composites possess many beneficial qualities, they encounter issues related to repairability and recyclability. The intricate microstructure and brittle characteristics of ceramics complicate the repair of damaged parts, often making it economically impractical, which leads to a tendency towards replacement rather than refurbishment. The recycling methods for ceramic matrix composites are not well-developed, creating possible environmental and waste management concerns. To promote sustainable use and effective lifecycle management, it is essential to tackle these challenges through innovations in repair technologies and recycling techniques.
Ceramic Matrix Composites Market: COMMERCIAL USE CASES ACROSS INDUSTRIES
| COMPANY | USE CASE DESCRIPTION | BENEFITS |
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Integrates ceramic matric composites brake discs and turbocharger rotors in high-performance vehicles | Fade resistance, lighter parts, enhanced safety |
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Develops CMC-based armor plates and heat shields for defense and specialized industrial applications | Lightweight protection, higher survivability, corrosion resistance |
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Uses SiC-based CMCs in jet engine turbine blades, combustor liners, and nozzles for extreme-temperature aero turbines | Lighter components, higher fuel efficiency, lower emissions |
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Employs CMCs in aircraft braking systems and next-gen engine parts | Heat resistance, better performance, reduced maintenance |
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET ECOSYSTEM
The ceramic matrix composite market ecosystem consists of raw material providers like NGS Advanced Fibers and 3M, manufacturers such as General Electric, Rolls-Royce, SGL Carbon, and CoorsTek, and major end users including Airbus, Boeing, Safran, and NIAR. Each group plays a crucial role in the value chain, from sourcing advanced fibers to producing high-performance components and integrating them into aerospace and industrial applications. This collaborative structure drives innovation and the adoption of ceramic matrix composites in demanding industries.
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET SEGMENTS
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Ceramic Matrix Composite Market, By Fiber Material
Ceramic matrix composites reinforced with Silicon Carbide (SiC) fibers are leading the market in both performance and growth due to their unparalleled capabilities in extreme environments. SiC fibers offer excellent thermal stability, and maintained strength at temperatures that exceed 1,200°C, making them the preferred choice for high-efficiency gas turbines, jet engines, and hypersonic applications where traditional materials are inadequate. Their lightweight characteristics significantly decrease the overall weight of systems, which enhances fuel efficiency and lowers emissions in the aerospace, defense, and energy industries. SiC fibers provide outstanding resistance to oxidation and corrosion, resulting in a longer service life and lower maintenance costs for demanding applications. Continuous advancements in the production of SiC fibers, including the creation of next-generation continuous fibers with increased purity and consistent performance, are further promoting their widespread use.
REGION
Asia Pacific to be fastest-growing region in global ceramic matrix composite market during forecast period
The ceramic matrix composites market in Asia Pacific is expected to demonstrate the highest growth rate throughout the forecast period, fueled by rapid industrial development and increasing applications in the aerospace, defense, automotive, and energy industries. Ongoing advancements in manufacturing technologies, along with substantial investments in research & development, are driving innovation and improving material performance. The growing need for lightweight, high-strength components, combined with supportive government initiatives and active participation from the private sector, is propelling considerable market growth in key economies such as China, Japan, and India.
Ceramic Matrix Composites Market: COMPANY EVALUATION MATRIX
In the ceramic matrix composite market matrix, GE Aerospace (Star) stands out as a leading manufacturer renowned for its advanced CMC solutions used in jet engines, aerospace turbines, and critical high-temperature components. Meanwhile, COIC Ceramics (Emerging Leader) is gaining momentum with its innovative fiber-reinforced ceramic materials, demonstrating significant potential in automotive and industrial applications. COIC’s continued expansion and technology development position it well for future growth and advancement toward the leaders’ quadrant.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
KEY MARKET PLAYERS
MARKET SCOPE
| REPORT METRIC | DETAILS |
|---|---|
| Market Size Value in 2024 | USD 11.75 Billion |
| Revenue Forecast in 2030 | USD 20.83 Billion |
| Growth Rate | CAGR of 10.3% from 2025–2030 |
| Actual Data | 2021–2030 |
| Base Year | 2024 |
| Forecast Period | 2025–2030 |
| Units Considered | Value (USD Million), Volume (Kiloton) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered |
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| Regional Scope | North America, Asia Pacific, Europe, Latin America, Middle East & Africa |
WHAT IS IN IT FOR YOU: Ceramic Matrix Composites Market REPORT CONTENT GUIDE
DELIVERED CUSTOMIZATIONS
We have successfully delivered the following deep-dive customizations:
| CLIENT REQUEST | CUSTOMIZATION DELIVERED | VALUE ADDS |
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| Asia Pacific – CMC Manufacturers |
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| Research & Development – CMC |
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| Aerospace/Automotive CMC Customer |
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RECENT DEVELOPMENTS
- March 2025 : GE Aerospace announced over USD 1 billion in US plant renovations, including USD 20 million for its Asheville, North Carolina location. This investment is planned for obtaining innovative manufacturing equipment, specifically to increase production of ceramic matrix composite engine parts, coupled with enhanced inspection systems and precise metal-shaping machines.
- March 2023 : Rolls-Royce signed a Memorandum of Understanding with SGL Group, a German company that specializes in carbon fiber composites. The agreement will see the two companies collaborate on the development of ceramic matrix composites for use in Rolls-Royce's aircraft engines.
- March 2023 : Rolls-Royce Plc and SGL Carbon signed a Memorandum of Understanding under which the two companies will collaborate on the development of ceramic matrix composites for use in Rolls-Royce’s aircraft engines.
- January 2024 : General Electric Company successfully tested a CMC turbine blade for use in aircraft engines. The blade was tested at 2,000°F and was found to be more durable and lightweight than traditional metal blades.
- April 2021 : CoorsTek Inc. announced an expansion of its existing manufacturing footprint in Benton, Arkansas. The Benton Facility will accommodate additional manufacturing operations in the aerospace and defense markets.
Table of Contents
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Methodology
The study involves two major activities in estimating the current market size for the ceramic matrix composites market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
Secondary sources referred to for this research study include financial statements of companies offering ceramic matrix composites and information from various trade, business, and professional associations. Secondary research has been used to obtain critical information about the industry’s value chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level and regional markets. The secondary data was collected and analyzed to arrive at the overall size of the ceramic matrix composites market, which was validated by primary respondents.
Primary Research
Extensive primary research was conducted after obtaining information regarding the ceramic matrix composites market scenario through secondary research. Several interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, product development/innovation teams, and related key executives from ceramic matrix composite industry vendors; system integrators; component providers; distributors; and key opinion leaders. Interviews were conducted with experts to gather insights such as market statistics, data on revenue collected from products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to type, form type, application, end-use industry, and region. Stakeholders from the demand side, such as CIOs, CTOs, CSOs, and installation teams of the customer/end users who are using ceramic matrix composites were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of ceramic matrix composites products and future outlooks of their business which will affect the overall market.
The Breakup of Interviews with Experts:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The research methodology used to estimate the size of the ceramic matrix composites market includes the following details. The market sizing of the market was undertaken from the demand side. The market was upsized based on procurements and modernizations in ceramic matrix composites products in different applications at a regional level. Such procurements provide information on the demand aspects of the ceramic matrix composites industry for each application. For each end-use industry, all possible segments of the ceramic matrix composites market were integrated and mapped.
Data Triangulation
After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.
Market Definition
Ceramic matrix composites represent a category of advanced materials that consist of a ceramic matrix (the binding component) reinforced with ceramic fibers or other ceramic-based particles to enhance toughness and damage resistance. The matrix is generally composed of oxide (e.g., alumina) or non-oxide ceramics (e.g., silicon carbide or carbon). Reinforcements may be in the form of continuous fibers, short fibers, or whiskers, with common examples including carbon fibers, silicon carbide fibers, and oxide fibers. Depending on the fiber/matrix composition, ceramic matrix composites are frequently categorized as oxide/oxide (Ox/Ox) or non-oxide ceramic matrix composites (like C/SiC or SiC/SiC). In contrast to monolithic ceramics, ceramic matrix composites are specifically designed to maintain high strength, thermal stability, and resistance to thermal shock while greatly minimizing brittleness, which makes them ideal for extreme conditions found in turbine engines, aerospace components, automotive braking systems, and energy applications.
Stakeholders
- Ceramic Matrix Composite Manufacturers
- Senior Management
- End Users
- Ceramic Matrix Composites and Composite Associations and Industrial Bodies
- Research and Consulting Firms
- R&D Departments
Report Objectives
- To define, describe, and forecast the ceramic matrix composites market size in terms of volume and value
- To provide detailed information regarding the key factors, such as drivers, restraints, opportunities, and challenges influencing market growth
- To analyze and project the global ceramic matrix composites market by fiber type, matrix type, end-use industry, and region
- To forecast the market size concerning five main regions (along with country-level data), namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, and analyze the significant region-specific trends
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions of the submarkets to the overall market
- To analyze the market opportunities and the competitive landscape for stakeholders and market leaders
- To assess recent market developments and competitive strategies, such as agreements, contracts, acquisitions, and product developments/ product launches, to draw the competitive landscape
- To strategically profile the key market players and comprehensively analyze their core competencies
Key Questions Addressed by the Report
Which are the major companies in the ceramic matrix composites market? What are their major strategies to strengthen their market presence?
Some of the key players include GE Aerospace (US), Rolls-Royce plc (UK), Mitsubishi Chemical Group Corporation (Japan), SGL Carbon (Germany), CoorsTek Inc. (US), Lancer Systems (US), Axiom Materials (US), Ultramet (US), CFC CARBON CO., LTD (China), Spirit AeroSystems, Inc. (US), COIC (US), and Applied Thin Films, Inc. (US). These companies have adopted strategies such as partnerships, acquisitions, contracts, and deals to strengthen their market presence.
What are the drivers and opportunities for the ceramic matrix composites market?
Key drivers include the rising demand for lightweight and fuel-efficient vehicles, and the increasing adoption of CMCs in emerging countries. Opportunities lie in the expanding use of lightweight components across industries like aerospace, automotive, defense, and energy, especially in high-temperature and high-stress environments.
Which region is expected to hold the largest market share?
North America is expected to hold the largest market share due to the presence of leading aerospace and automotive companies, as well as new aircraft projects driving demand.
What is the CAGR expected to be recorded for the ceramic matrix composites market during 2025-2030?
The market is expected to grow at a CAGR of 10.3% between 2025 and 2030.
How is the ceramic matrix composites market aligned?
The market is growing at a significant pace. Many manufacturers are planning strategies to expand production capacities, indicating strong potential and dynamic market alignment.
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