Ceramic Matrix Composites Market

Ceramic Matrix Composites Market by Matrix Type (C/C, C/Sic, Oxide/Oxide, Sic/Sic), Fiber Type (Continuous, Woven), End-Use Industry (Aerospace & Defense, Automotive, Energy & Power, Industrial), and Region - Global Forecast to 2031

Report Code: CH 2940 Jun, 2024, by marketsandmarkets.com

The ceramic matrix composite market is estimated at USD 12.0 billion in 2024 and is projected to reach USD 23.8 million by 2031, at a CAGR of 10.3% from 2024 to 2031. Around the entire world the ceramic matrix composite market is expanding significantly, and during the forecast period, a similar trend is anticipated too.

The demand for ceramic matrix composites has been driven by many factors, in various end use industries. The CMCs are being increasingly used in the automotive industry to replace traditional metal components, as they are much lighter in weight. The rising demand for lightweight materials, driven by the need for fuel efficiency in aerospace industry has been a major contributing factor for the demand of these composite materials in this sector.

Ceramic matrix composites have excellent thermal stability and can withstand high temperatures, making them suitable for use in aerospace, defense, and energy applications. There is also a demand for advanced materials like ceramic matrix composites from emerging economies. The developing countries are investing in infrastructure and upgrading their industries. Regions like Asia Pacific and Middle East are undergoing rapid industrialization, increasing government investments in defense and growing aerospace production are witnessing a surge in ceramic matrix composite material demand.

Attractive Opportunities in Ceramic Matrix Composite Market Trends

Ceramic Matrix Composite Market

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Ceramic Matrix Composite Market

Ceramic matrix composite market Dynamics

Driver: Increasing demand for ceramic matrix composites in developing countries

There is a growing demand for ceramic matrix composites in developing countries, especially in Asia Pacific in countries like India, China, Singapore, and Thailand, this is predicted to drive market growth. Developing countries are adopting fuel-efficient aircraft engines, which are ceramic matrix composites based. Ceramic matrix is also used in other aircraft engine parts like nozzles, combustor liners, blades, and shrouds. The increased fuel efficiency leads to a reduction in the operational cost of the aircraft. The high economic growth in these countries, paired with growing industrialization and urbanization, and increased standards of living, play a very crucial role in the adoption of fuel- efficient cost- cutting machinery.

Restraint: Higher cost as compared to other metals and alloys

One of the major restraints in the growth of the ceramic matrix composites market is that they are comparatively more expensive than other metals and alloys, which have been used for the same range of applications for a long time. The prices of ceramic matric composites depend majorly on the cost of the ceramic fibers. The cost of carbon/carbon ceramic matrix composites are comparatively much lower than silicon carbide/silicon carbide and oxide/oxide ceramic matrix composites due to the large-scale production of carbon fibers to meet the increase in demand for CF and CFRP products globally. Additionally, the production of alumina and silicon carbide fibers is still very low globally.

The production of a matrix needs expensive batch processes at high temperatures in a controlled atmosphere, which makes the manufacturing process cost heavy. Also, ceramic matrix components involve densification costs and machining costs, and the process is very arduous and slow. The numerous inspection steps of the component to be used commercially makes it more time-consuming and expensive as the risk of failure may endanger lives.

Opportunity: Growing use of lightweight components in various end use industries.

One of the major applications of ceramic matrix composites is lightweight armors. The use of ceramic matrix composites in such armors is due to their high strength-to-weight ratio and low weight. The other major demand is due to the development of fuel-efficient aircraft as well as cars. Thus, the production of sports cars and fuel-efficient aircraft will drive this market. The key constraint is the high cost of raw and fabricated materials. However, due to continuous research and development, new technologies are being developed to manufacture ceramic matrix composites having a wide range of superior properties and increased capability of providing structural efficiency at lower weights as compared to the current technology. Due to such a high level of innovation, it is anticipated to cut the cycle time and reduce the manufacturing cost of composites. Thus, the full-fledged use of such technology can be used to fulfill the demand for lightweight ceramic matrix composites-based products, and the market will expand.

Challenge: Limited use due to reparability and recyclability

Ceramic matrix composites have a lot of properties that make them unique for various applications. However, it is quite hard to find any internal cracks or wear & tear in the components made of the ceramic matrix. The chief defect with ceramic matrix composites is brittleness, and it can lead to catastrophic failure of the component. There is a lack of know-how and skilled manpower to utilize efficient techniques for repair. This further increases the issue of reparability. Ceramic matrix composites have a long-life span; however, the components cannot be recycled for use in the same application. Increasing awareness regarding ceramic matrix composite repairing techniques and a growing number of trained and skilled personnel can increase the life span of such components.

Ecosystem: Ceramic matrix composite market

Ceramic Matrix Composite Market Ecosystem

Based on end-use industry, the aerospace and defense segment accounted for the largest market share, both in terms of value and volume
Based on end-use industry, the aerospace and defense segment is accounted to hold the largest market share during the forecast period. Ceramic matrix composites are much lighter in weight compared to traditional metals and alloys, which are crucial for aerospace applications to improve fuel efficiency and reduce carbon emissions. Ceramic matrix composites also exhibit improved fracture toughness, thermal shock resistance, and overall mechanical properties which are essential for applications in this end-use industry.
Based on fiber type, the continuous fiber type segment is estimated to register the highest CAGR, during forecasted period.
Based on fiber type, the market is segmented into continuous fiber and woven fiber. Ceramic matrix composites can be categorized based on the type of fibers used for their reinforcement. Continuous fiber ceramic matrix composites have an extremely high length-to-diameter ratio, making them stiffer and stronger compared to bulk materials. This property is highly valued in aerospace and automotive applications. Continuous fiber CMCs also exhibit enhanced strength and stiffness at higher temperatures.

North America to hold the largest market share during the forecast period.
The ceramic matrix composite market in North America is experiencing significant growth, driven by increasing demand for lightweight and fuel-efficient aircraft, stringent environmental regulations, and technological advancements in composite materials. The strong presence of major aerospace players like Boeing and Lockheed Martin in North America creates a constant demand for these advanced materials. However, factors like high initial costs and strict regulations can hinder new entrants, but overall, the North American ceramic matrix composite market enjoys a positive outlook.

Ceramic Matrix Composite Market by Region

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Key Market Players

The ceramic matrix composite market is dominated by a few globally established players. General Electric Company (US) , Rolls-Royce Plc (UK), SGL Carbon (Germany) , CoorsTek Inc. (US) ,Lancer Systems (US), Axiom Materials (US),  Ultramet (US), CFCCarbon Co., Ltd. (China), Spirit Aerosystems, Inc. (US), and  COIC (US),among others, are the main producers who entered into significant deals and partnerships recently. Since global requirements are changing, contracts and new product development have received most of the attention.

These companies are attempting to establish themselves in the ceramic matrix composite market by employing a range of inorganic and organic approaches. A thorough competitive analysis of these major ceramic matrix composite market participants is included in the research, along with information on their company profiles, most recent advancements, and important market strategies.

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Scope of the Report

Report Metric

Details

Market size available for years

2019–2031

Base year considered

2023

Forecast period

2024–2031

Units considered

Value (USD Million/Billion), Volume (Kiloton)

Segments Covered

By Fiber Type, By Matrix Type, By End-Use Industry, By Region

Geographies covered

Europe, North America, Asia Pacific, Latin America, Middle East, and Africa

Companies covered

General Electric Company (US), Rolls-Royce Plc (United Kingdom), SGL Carbon (Germany), Coorstek Inc. (US), Lancer Systems (US), Axiom Materials (US), Ultramet (US), CFCCarbon Co., Ltd. (China), Spirit Aerosystems, Inc. (US), and COIC (US)

The study categorizes the ceramic matrix composites market based on by Fiber Type, Matrix Type, End-use Industry, and Region.

By Fiber Type
  • Continuous
  • Woven
By Matrix Type
  • C/C
  • C/SiC
  • Oxide/ Oxide
  • SiC/SiC
By End-use Industry
  • Aerospace & Defense
  • Automotive
  • Energy & Power
  • Industrial
By Region:
  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East & Africa

Recent Developments

  • In 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.  
  • In January 2023, General Electric Company announced that it had 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.
  • In 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.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 25)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 INCLUSIONS AND EXCLUSIONS
           1.3.2 MARKET SEGMENTATION
                    FIGURE 1 CERAMIC MATRIX COMPOSITES MARKET SEGMENTATION
           1.3.3 REGIONS COVERED
           1.3.4 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNIT CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
    1.9 RECESSION IMPACT 
 
2 RESEARCH METHODOLOGY (Page No. - 30)
    2.1 RESEARCH DATA 
          FIGURE 2 CERAMIC MATRIX COMPOSITES MARKET: RESEARCH DESIGN
           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
                    2.1.2.2 Key primary participants
                    2.1.2.3 Breakdown of interviews with experts
                    2.1.2.4 Key industry insights
    2.2 BASE NUMBER CALCULATION 
           2.2.1 APPROACH 1: SUPPLY-SIDE ANALYSIS
           2.2.2 APPROACH 2: DEMAND-SIDE ANALYSIS
    2.3 FORECAST NUMBER CALCULATION 
    2.4 MARKET SIZE ESTIMATION 
           2.4.1 BOTTOM-UP APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.5 DATA TRIANGULATION 
          FIGURE 5 CERAMIC MATRIX COMPOSITES MARKET: DATA TRIANGULATION
    2.6 RECESSION IMPACT 
    2.7 FACTOR ANALYSIS 
    2.8 GROWTH FORECAST 
    2.9 RESEARCH ASSUMPTIONS 
    2.10 RESEARCH LIMITATIONS 
    2.11 RISK ASSESSMENT 
 
3 EXECUTIVE SUMMARY (Page No. - 40)
    FIGURE 6 CONTINUOUS FIBER SEGMENT LED MARKET IN 2023
    FIGURE 7 SIC/SIC MATRIX TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
    FIGURE 8 AEROSPACE & DEFENSE SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023
    FIGURE 9 ASIA PACIFIC TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
 
4 PREMIUM INSIGHTS (Page No. - 43)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CERAMIC MATRIX COMPOSITES MARKET 
          FIGURE 10 CERAMIC MATRIX COMPOSITES MARKET TO WITNESS HIGH GROWTH IN NORTH AMERICA BETWEEN 2023 AND 2031
    4.2 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY AND REGION, 2023 
          FIGURE 11 AEROSPACE & DEFENSE SEGMENT AND NORTH AMERICA LED MARKET IN 2023
    4.3 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE 
          FIGURE 12 OX/OX MATRIX SEGMENT HELD LARGEST SHARE IN 2023
    4.4 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE 
          FIGURE 13 CONTINUOUS FIBER ACCOUNTED FOR LARGEST SHARE IN 2023
    4.5 CERAMIC MATRIX COMPOSITES MARKET, BY KEY COUNTRY 
          FIGURE 14 CHINA TO DOMINATE MARKET DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 46)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CERAMIC MATRIX COMPOSITES MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Increasing demand for ceramic matrix composites in developing countries
                                TABLE 1 NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION (2020–2039)
                    5.2.1.2 Higher demand for lightweight and fuel-efficient vehicles
                                FIGURE 16 EV SALES BY MAJOR MARKETS (REGION/COUNTRY), 2023
                                FIGURE 17 EV SALES FORECAST
                    5.2.1.3 Stringent laws against carbon emissions by end-use industries
           5.2.2 RESTRAINTS
                    5.2.2.1 Higher cost than other metals and alloys
                    5.2.2.2 Limitation of ceramic matrix composites in various applications
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growing use of lightweight components in various end-use industries
                    5.2.3.2 Mass manufacture and standardization of ceramic matrix composites production process
           5.2.4 CHALLENGES
                    5.2.4.1 Limited use due to reparability and recyclability
                    5.2.4.2 Scaling up manufacturing process while maintaining consistent quality and reducing costs
    5.3 PORTER'S FIVE FORCES ANALYSIS 
          FIGURE 18 CERAMIC MATRIX COMPOSITES MARKET: PORTER'S FIVE FORCES ANALYSIS
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
                    TABLE 2 CERAMIC MATRIX COMPOSITES MARKET: PORTER'S FIVE FORCES ANALYSIS
    5.4 ECOSYSTEM ANALYSIS 
          FIGURE 19 CERAMIC MATRIX COMPOSITES MARKET: ECOSYSTEM
          FIGURE 20 CERAMIC MATRIX COMPOSITES MARKET: ECOSYSTEM MAP
    5.5 PRICING ANALYSIS 
           5.5.1 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY
                    FIGURE 21 AVERAGE SELLING PRICE TREND FOR TOP THREE END-USE INDUSTRIES (USD/KG)
           5.5.2 AVERAGE SELLING PRICE TREND, BY MATRIX TYPE
                    FIGURE 22 AVERAGE SELLING PRICE TREND, BY MATRIX TYPE
           5.5.3 AVERAGE SELLING PRICE TREND, BY FIBER TYPE
                    FIGURE 23 AVERAGE SELLING PRICE TREND, BY FIBER TYPE
           5.5.4 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY
                    FIGURE 24 AVERAGE SELLING PRICE TREND, BY END USE INDUSTRY
           5.5.5 AVERAGE SELLING PRICE TREND, BY REGION
                    TABLE 3 AVERAGE SELLING PRICE TREND, BY REGION
    5.6 SUPPLY CHAIN ANALYSIS 
                    TABLE 4 CERAMIC MATRIX COMPOSITES MARKET: SUPPLY CHAIN ANALYSIS
           5.6.1 RAW MATERIALS
                    FIGURE 25 LEADING CERAMIC MATRIX COMPOSITES RAW MATERIAL MANUFACTURERS AND SUPPLIERS
           5.6.2 PRODUCT MANUFACTURERS
                    FIGURE 26 LEADING PRODUCT MANUFACTURERS
           5.6.3 END USERS
                    FIGURE 27 MAJOR END USERS OF CERAMIC MATRIX COMPOSITES
    5.7 VALUE CHAIN ANALYSIS 
          FIGURE 28 CERAMIC MATRIX COMPOSITES MARKET: VALUE CHAIN ANALYSIS
    5.8 DISTRIBUTION CHANNEL 
    5.9 TECHNOLOGY ANALYSIS 
           5.9.1 KEY TECHNOLOGY
                    5.9.1.1 Laser Additive Manufacturing (LAM)
                    5.9.1.2 Automated Fiber Placement (AFP)
           5.9.2 COMPLEMENTARY TECHNOLOGY
                    5.9.2.1 Dipping fiber bundle, pressing, heating, and hot-pressing
    5.10 KEY STAKEHOLDERS & BUYING CRITERIA 
           5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     FIGURE 29 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE  END-USE INDUSTRIES
                     TABLE 5 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES
           5.10.2 BUYING CRITERIA
                     FIGURE 30 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
                     TABLE 6 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
    5.11 PATENT ANALYSIS 
           5.11.1 INTRODUCTION
           5.11.2 METHODOLOGY
           5.11.3 DOCUMENT TYPES
                     TABLE 7 CERAMIC MATRIX COMPOSITES MARKET: GLOBAL PATENT COUNT
                     FIGURE 31 GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE
                     FIGURE 32 GLOBAL PATENT PUBLICATION TREND, 2014–2024
           5.11.4 INSIGHTS
           5.11.5 LEGAL STATUS OF PATENTS
                     FIGURE 33 CERAMIC MATRIX COMPOSITES MARKET: LEGAL STATUS OF PATENTS
           5.11.6 JURISDICTION ANALYSIS
                     FIGURE 34 GLOBAL JURISDICTION ANALYSIS
           5.11.7 TOP APPLICANTS
                     FIGURE 35 GENERAL ELECTRIC COMPANY ACCOUNTED FOR HIGHEST PATENT COUNT, 2014–2024
           5.11.8 PATENTS BY GENERAL ELECTRIC COMPANY
           5.11.9 PATENTS BY ROLLS ROYCE PLC
                    5.11.10 PATENTS BY UNITED TECHNOLOGIES CORPORATION
                    5.11.11 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS
    5.12 REGULATORY LANDSCAPE 
           5.12.1 REGULATIONS IN CERAMIC MATRIX COMPOSITES MARKET
           5.12.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 8 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 9 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 10 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 11 REST OF WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.13 KEY CONFERENCES & EVENTS IN 2024–2025 
           TABLE 12 CERAMIC MATRIX COMPOSITES MARKET: KEY CONFERENCES & EVENTS, 2024–2025
    5.14 CASE STUDY ANALYSIS 
           5.14.1 CASE STUDY 1: GENERAL ELECTRIC COMPANY SUCCESSFULLY TESTED NEW CERAMIC MATRIX COMPOSITE TURBINE BLADE
           5.14.2 CASE STUDY 2: ROLLS-ROYCE PLC TO INVEST AND EXPAND RESEARCH & DEVELOPMENT ACTIVITIES
           5.14.3 CASE STUDY 3: SGL CARBON EXPANDED PRODUCTION CAPACITY IN NORTH AMERICA
    5.15 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 36 REVENUE SHIFT AND NEW REVENUE POCKETS IN CERAMIC MATRIX COMPOSITES
    5.16 MOST VALUED CERAMIC MATRIX COMPOSITE FIRMS IN 2024 
           FIGURE 37 PROMINENT CERAMIC MATRIX COMPOSITE MANUFACTURERS IN 2024 (USD BILLION)
 
6 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE (Page No. - 79)
    6.1 INTRODUCTION 
          FIGURE 38 CONTINUOUS SEGMENT TO LEAD CERAMIC MATRIX COMPOSITES DURING FORECAST PERIOD
          TABLE 13 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE, 2019–2023 (KILOTON)
          TABLE 14 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE, 2019–2023 (USD MILLION)
          TABLE 15 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE, 2024–2031 (KILOTON)
          TABLE 16 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE, 2024–2031 (USD MILLION)
    6.2 CONTINUOUS FIBERS 
           6.2.1 SUPERIOR PERFORMANCE PROPERTIES TO DRIVE DEMAND
                    TABLE 17 CONTINUOUS FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (KILOTON)
                    TABLE 18 CONTINUOUS FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 19 CONTINUOUS FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (KILOTON)
                    TABLE 20 CONTINUOUS FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (USD MILLION)
    6.3 WOVEN FIBERS 
           6.3.1 INCREASE IN DEMAND IN ADVANCED AIRCRAFT ENGINES TO DRIVE MARKET
                    TABLE 21 WOVEN FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (KILOTON)
                    TABLE 22 WOVEN FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 23 WOVEN FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (KILOTON)
                    TABLE 24 WOVEN FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (USD MILLION)
    6.4 OTHER FIBERS 
           6.4.1 FELT/MAT
           6.4.2 CHOPPED
           6.4.3 TWILL
           6.4.4 BRAIDED
           6.4.5 ROPES AND BELTS
                    TABLE 25 OTHER FIBERS: CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (KILOTON)
                    TABLE 26 OTHER FIBERS: CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 27 OTHER FIBERS: CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (KILOTON)
                    TABLE 28 OTHER FIBERS: CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (USD MILLION)
 
7 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE (Page No. - 88)
    7.1 INTRODUCTION 
          FIGURE 39 SIC/SIC MATRIX SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
          TABLE 29 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
          TABLE 30 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
          TABLE 31 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
          TABLE 32 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
    7.2 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES 
           7.2.1 INCREASING DEMAND DUE TO LOW PRICE AND HIGH THERMAL STABILITY TO DRIVE MARKET
                    TABLE 33 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (KILOTON)
                    TABLE 34 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 35 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (KILOTON)
                    TABLE 36 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (USD MILLION)
    7.3 C/SIC CERAMIC MATRIX COMPOSITES 
           7.3.1 HIGH DEMAND FROM AEROSPACE AND LUXURY & SPORTS CARS INDUSTRIES TO DRIVE MARKET
                    TABLE 37 C/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (KILOTON)
                    TABLE 38 C/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 39 C/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (KILOTON)
                    TABLE 40 C/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (USD MILLION)
    7.4 C/C CERAMIC MATRIX COMPOSITES 
           7.4.1 HIGH DEMAND FROM AEROSPACE & DEFENSE INDUSTRY TO DRIVE MARKET
                    TABLE 41 C/C CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (KILOTON)
                    TABLE 42 C/C CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 43 C/C CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (KILOTON)
                    TABLE 44 C/C CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (USD MILLION)
    7.5 SIC/SIC CERAMIC MATRIX COMPOSITES 
           7.5.1 SIGNIFICANT DEMAND FROM MULTIPLE END-USE INDUSTRIES FOR HIGH-TEMPERATURE APPLICATIONS TO DRIVE MARKET
                    TABLE 45 SIC/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (KILOTON)
                    TABLE 46 SIC/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 47 SIC/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (KILOTON)
                    TABLE 48 SIC/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (USD MILLION)
 
8 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY (Page No. - 99)
    8.1 INTRODUCTION 
          FIGURE 40 AEROSPACE & DEFENSE TO BE LARGEST END-USE INDUSTRY OF CERAMIC MATRIX COMPOSITES
          TABLE 49 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
          TABLE 50 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
          TABLE 51 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (KILOTON)
          TABLE 52 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (USD MILLION)
    8.2 AEROSPACE & DEFENSE 
           8.2.1 INCREASED DEMAND FOR GAS TURBINE ENGINES IN AEROSPACE & DEFENSE SECTOR TO DRIVE MARKET
                    TABLE 53 CERAMIC MATRIX COMPOSITES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2019–2023 (KILOTON)
                    TABLE 54 CERAMIC MATRIX COMPOSITES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 55 CERAMIC MATRIX COMPOSITES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2024–2031 (KILOTON)
                    TABLE 56 CERAMIC MATRIX COMPOSITES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2024–2031 (USD MILLION)
    8.3 AUTOMOTIVE 
           8.3.1 BRAKE DISK APPLICATION TO DRIVE MARKET
                    TABLE 57 CERAMIC MATRIX COMPOSITES MARKET IN AUTOMOTIVE, BY REGION, 2019–2023 (KILOTON)
                    TABLE 58 CERAMIC MATRIX COMPOSITES MARKET IN AUTOMOTIVE, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 59 CERAMIC MATRIX COMPOSITES MARKET IN AUTOMOTIVE, BY REGION, 2024–2031 (KILOTON)
                    TABLE 60 CERAMIC MATRIX COMPOSITES MARKET IN AUTOMOTIVE, BY REGION, 2024–2031 (USD MILLION)
    8.4 ENERGY & POWER 
           8.4.1 INCREASED USE OF NUCLEAR PLANTS TO FUEL DEMAND FOR COMPOSITES
                    TABLE 61 CERAMIC MATRIX COMPOSITES MARKET IN ENERGY & POWER, BY REGION, 2019–2023 (KILOTON)
                    TABLE 62 CERAMIC MATRIX COMPOSITES MARKET IN ENERGY & POWER, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 63 CERAMIC MATRIX COMPOSITES MARKET IN ENERGY & POWER, BY REGION, 2024–2031 (KILOTON)
                    TABLE 64 CERAMIC MATRIX COMPOSITES MARKET IN ENERGY & POWER, BY REGION, 2024–2031 (USD MILLION)
    8.5 INDUSTRIAL 
           8.5.1 WIDE APPLICATION OF OXIDE/OXIDE CERAMIC MATRIX COMPOSITES TO DRIVE MARKET
                    TABLE 65 CERAMIC MATRIX COMPOSITES MARKET IN INDUSTRIAL, BY REGION, 2019–2023 (KILOTON)
                    TABLE 66 CERAMIC MATRIX COMPOSITES MARKET IN INDUSTRIAL, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 67 CERAMIC MATRIX COMPOSITES MARKET IN INDUSTRIAL, BY REGION, 2024–2031 (KILOTON)
                    TABLE 68 CERAMIC MATRIX COMPOSITES MARKET IN INDUSTRIAL, BY REGION, 2024–2031 (USD MILLION)
    8.6 OTHER END-USE INDUSTRIES 
          TABLE 69 CERAMIC MATRIX COMPOSITES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2019–2023 (KILOTON)
          TABLE 70 CERAMIC MATRIX COMPOSITES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2019–2023 (USD MILLION)
          TABLE 71 CERAMIC MATRIX COMPOSITES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2024–2031 (KILOTON)
          TABLE 72 CERAMIC MATRIX COMPOSITES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2024–2031 (USD MILLION)
 
9 CERAMIC MATRIX COMPOSITES MARKET, BY REGION (Page No. - 113)
    9.1 INTRODUCTION 
          FIGURE 41 CHINA TO WITNESS HIGHEST CAGR IN CERAMIC MATRIX COMPOSITES MARKET
          TABLE 73 CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (KILOTON)
          TABLE 74 CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019–2023 (USD MILLION)
          TABLE 75 CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (KILOTON)
          TABLE 76 CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024–2031 (USD MILLION)
    9.2 NORTH AMERICA 
           9.2.1 RECESSION IMPACT
                    FIGURE 42 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET SNAPSHOT
                    TABLE 77 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                    TABLE 78 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET BY MATRIX TYPE, 2019–2023 (USD MILLION)
                    TABLE 79 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                    TABLE 80 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
                    TABLE 81 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
                    TABLE 82 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
                    TABLE 83 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (KILOTON)
                    TABLE 84 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (USD MILLION)
                    TABLE 85 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (KILOTON)
                    TABLE 86 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                    TABLE 87 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (KILOTON)
                    TABLE 88 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (USD MILLION)
           9.2.2 US
                    9.2.2.1 Largest market for ceramic matrix composites to drive demand
                                TABLE 89 US: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 90 US: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 91 US: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 92 US: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.2.3 CANADA
                    9.2.3.1 Growing aerospace & defense and industrial sectors to drive market
                                TABLE 93 CANADA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 94 CANADA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 95 CANADA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 96 CANADA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
    9.3 ASIA PACIFIC 
           9.3.1 RECESSION IMPACT
                    FIGURE 43 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET SNAPSHOT
                    TABLE 97 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                    TABLE 98 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                    TABLE 99 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                    TABLE 100 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
                    TABLE 101 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
                    TABLE 102 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
                    TABLE 103 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (KILOTON)
                    TABLE 104 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (USD MILLION)
                    TABLE 105 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (KILOTON)
                    TABLE 106 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                    TABLE 107 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (KILOTON)
                    TABaLE 108 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (USD MILLION)
           9.3.2 CHINA
                    9.3.2.1 Focus of OEMs on manufacturing cost-efficient and lightweight products to drive market
                                TABLE 109 CHINA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 110 CHINA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 111 CHINA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 112 CHINA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.3.3 JAPAN
                    9.3.3.1 Increasing focus on C/SiC and SiC/SiC for nuclear reactors to drive market
                                TABLE 113 JAPAN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 114 JAPAN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 115 JAPAN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 116 JAPAN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.3.4 SOUTH KOREA
                    9.3.4.1 Surging demand from automotive industry to drive market
                                TABLE 117 SOUTH KOREA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 118 SOUTH KOREA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 119 SOUTH KOREA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 120 SOUTH KOREA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.3.5 INDIA
                    9.3.5.1 Growth of aerospace & defense sector to boost market
                                TABLE 121 INDIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 122 INDIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 123 INDIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 124 INDIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.3.6 REST OF ASIA PACIFIC
                    TABLE 125 REST OF ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                    TABLE 126 REST OF ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                    TABLE 127 REST OF ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                    TABLE 128 REST OF ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
    9.4 EUROPE 
           9.4.1 RECESSION IMPACT
                    FIGURE 44 EUROPE: CERAMIC MATRIX COMPOSITES MARKET SNAPSHOT
                    TABLE 129 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                    TABLE 130 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                    TABLE 131 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                    TABLE 132 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
                    TABLE 133 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
                    TABLE 134 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
                    TABLE 135 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (KILOTON)
                    TABLE 136 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (USD MILLION)
                    TABLE 137 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (KILOTON)
                    TABLE 138 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                    TABLE 139 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (KILOTON)
                    TABLE 140 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (USD MILLION)
           9.4.2 FRANCE
                    9.4.2.1 Presence of major aircraft manufacturers to drive market
                                TABLE 141 FRANCE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 142 FRANCE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 143 FRANCE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 144 FRANCE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.4.3 GERMANY
                    9.4.3.1 Growth of automotive and aerospace sectors to drive market
                                TABLE 145 GERMANY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 146 GERMANY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 147 GERMANY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 148 GERMANY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.4.4 UK
                    9.4.4.1 Demand for high-performance materials in luxury and sports cars to drive market
                                TABLE 149 UK: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 150 UK: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 151 UK: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 152 UK: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.4.5 ITALY
                    9.4.5.1 Diversified industrial base to drive market
                                TABLE 153 ITALY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 154 ITALY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 155 ITALY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 156 ITALY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.4.6 SPAIN
                    9.4.6.1 Demand for lightweight materials in automotive industry to drive market
                                TABLE 157 SPAIN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 158 SPAIN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 159 SPAIN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 160 SPAIN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.4.7 REST OF EUROPE
                    TABLE 161 REST OF EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                    TABLE 162 REST OF EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                    TABLE 163 REST OF EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                    TABLE 164 REST OF EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
    9.5 MIDDLE EAST & AFRICA 
           9.5.1 RECESSION IMPACT
                    TABLE 165 MIDDLE EAST AND AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                    TABLE 166 MIDDLE EAST AND AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                    TABLE 167 MIDDLE EAST AND AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                    TABLE 168 MIDDLE EAST AND AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
                    TABLE 169 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
                    TABLE 170 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
                    TABLE 171 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (KILOTON)
                    TABLE 172 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (USD MILLION)
                    TABLE 173 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (KILOTON)
                    TABLE 174 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                    TABLE 175 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (KILOTON)
                    TABLE 176 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (USD MILLION)
           9.5.2 GCC COUNTRIES
                    9.5.2.1 UAE
                               9.5.2.1.1 Privatization initiatives and infrastructural developments to drive market
                                              TABLE 177 UAE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                              TABLE 178 UAE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                              TABLE 179 UAE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                              TABLE 180 UAE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
                    9.5.2.2 Saudi Arabia
                               9.5.2.2.1 Demand from industrial applications to boost market
                                              TABLE 181 SAUDI ARABIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                              TABLE 182 SAUDI ARABIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                              TABLE 183 SAUDI ARABIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                              TABLE 184 SAUDI ARABIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
                    9.5.2.3 Rest of GCC countries
                                TABLE 185 REST OF GCC COUNTRIES: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 186 REST OF GCC COUNTRIES: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 187 REST OF GCC COUNTRIES: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 188 REST OF GCC COUNTRIES: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.5.3 ISRAEL
                    9.5.3.1 High investments in advanced aerospace & defense sector to drive market
                                TABLE 189 ISRAEL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 190 ISRAEL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 191 ISRAEL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 192 ISRAEL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.5.4 SOUTH AFRICA
                    9.5.4.1 Local and international investments to boost market
                                TABLE 193 SOUTH AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 194 SOUTH AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 195 SOUTH AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 196 SOUTH AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.5.5 REST OF MIDDLE EAST & AFRICA
                    TABLE 197 REST OF MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                    TABLE 198 REST OF MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                    TABLE 199 REST OF MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                    TABLE 200 REST OF MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
    9.6 LATIN AMERICA 
           9.6.1 RECESSION IMPACT
                    TABLE 201 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                    TABLE 202 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                    TABLE 203 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                    TABLE 204 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
                    TABLE 205 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
                    TABLE 206 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
                    TABLE 207 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (KILOTON)
                    TABLE 208 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024–2031 (USD MILLION)
                    TABLE 209 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (KILOTON)
                    TABLE 210 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                    TABLE 211 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (KILOTON)
                    TABLE 212 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024–2031 (USD MILLION)
           9.6.2 BRAZIL
                    9.6.2.1 Largest market in Latin America for ceramic matrix composites
                                TABLE 213 BRAZIL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 214 BRAZIL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 215 BRAZIL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 216 BRAZIL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
           9.6.3 MEXICO
                    9.6.3.1 Growth of aerospace sector to drive market
                                TABLE 217 MEXICO: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 218 MEXICO: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 219 MEXICO: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 220 MEXICO: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
                    9.6.3.2 Rest of Latin America
                                TABLE 221 REST OF LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (KILOTON)
                                TABLE 222 REST OF LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019–2023 (USD MILLION)
                                TABLE 223 REST OF LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (KILOTON)
                                TABLE 224 REST OF LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024–2031 (USD MILLION)
 
10 COMPETITIVE LANDSCAPE (Page No. - 180)
     10.1 INTRODUCTION 
     10.2 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN 
             10.2.1 STRATEGIES ADOPTED BY CERAMIC MATRIX COMPOSITE MANUFACTURERS
     10.3 REVENUE ANALYSIS 
             FIGURE 45 CERAMIC MATRIX COMPOSITES MARKET: REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS
     10.4 MARKET SHARE ANALYSIS 
             FIGURE 46 SHARES OF TOP COMPANIES IN CERAMIC MATRIX COMPOSITES MARKET
             TABLE 225 DEGREE OF COMPETITION: CERAMIC MATRIX COMPOSITES MARKET
             10.4.1 MARKET RANKING ANALYSIS
                        FIGURE 47 RANKING OF TOP FIVE PLAYERS IN CERAMIC MATRIX COMPOSITES MARKET
     10.5 BRAND/PRODUCT COMPARATIVE ANALYSIS 
             FIGURE 48 BRAND/PRODUCT COMPARATIVE ANALYSIS
             10.5.1 SIGRASIC
             10.5.2 CERACOMP
             10.5.3 CERFACE
             10.5.4 AX
             10.5.5 CERABLAK
     10.6 COMPANY EVALUATION MATRIX 
             10.6.1 STARS
             10.6.2 PERVASIVE PLAYERS
             10.6.3 EMERGING LEADERS
             10.6.4 PARTICIPANTS
                        FIGURE 49 CERAMIC MATRIX COMPOSITES MARKET: COMPANY EVALUATION MATRIX, 2023
             10.6.5 COMPANY FOOTPRINT
                        10.6.5.1 Company footprint
                                      FIGURE 50 COMPANY FOOTPRINT (11 COMPANIES)
                        10.6.5.2 Company region footprint
                                      TABLE 226 COMPANY REGION FOOTPRINT (11 COMPANIES)
                        10.6.5.3 Company matrix type footprint
                                      TABLE 227 COMPANY MATRIX TYPE FOOTPRINT (11 COMPANIES)
                        10.6.5.4 Company fiber type footprint
                                      TABLE 228 COMPANY FIBER TYPE FOOTPRINT (11 COMPANIES)
                        10.6.5.5 Company end-use industry footprint
                                      TABLE 229 COMPANY END-USE INDUSTRY FOOTPRINT (11 COMPANIES)
     10.7 START-UP/SME EVALUATION MATRIX 
             10.7.1 PROGRESSIVE COMPANIES
             10.7.2 RESPONSIVE COMPANIES
             10.7.3 DYNAMIC COMPANIES
             10.7.4 STARTING BLOCKS
                        FIGURE 51 CERAMIC MATRIX COMPOSITES MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2023
             10.7.5 COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
                        TABLE 230 CERAMIC MATRIX COMPOSITES MARKET: KEY START-UPS/SMES (13 COMPANIES)
                        TABLE 231 CERAMIC MATRIX COMPOSITES MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES(13 COMPANIES)
     10.8 VALUATION AND FINANCIAL METRICS OF CERAMIC MATRIX COMPOSITE MANUFACTURERS 
             FIGURE 52 EV/EBITDA OF KEY MANUFACTURERS
             FIGURE 53 YEAR TO DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY MANUFACTURERS
     10.9 COMPETITIVE SCENARIO AND TRENDS 
             10.9.1 PRODUCT LAUNCHES/DEVELOPMENTS
                        TABLE 232 CERAMIC MATRIX COMPOSITES MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2018–JANUARY 2024
             10.9.2 DEALS
                        TABLE 233 CERAMIC MATRIX COMPOSITES MARKET: DEALS, JANUARY 2018–JANUARY 2024
             10.9.3 EXPANSIONS
                        TABLE 234 CERAMIC MATRIX COMPOSITES MARKET: EXPANSION, JANUARY 2020– JANUARY 2024
 
11 COMPANY PROFILES (Page No. - 202)
     11.1 KEY COMPANIES 
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
             11.1.1 GENERAL ELECTRIC COMPANY
                        TABLE 235 GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW
                        FIGURE 54 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT
                        TABLE 236 GENERAL ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 237 GENERAL ELECTRIC COMPANY: PRODUCT LAUNCHES
                        TABLE 238 GENERAL ELECTRIC COMPANY: EXPANSIONS
             11.1.2 ROLLS-ROYCE PLC
                        TABLE 239 ROLLS-ROYCE PLC: COMPANY OVERVIEW
                        FIGURE 55 ROLLS-ROYCE PLC: COMPANY SNAPSHOT
                        TABLE 240 ROLLS-ROYCE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 241 ROLLS-ROYCE PLC: DEALS
                        TABLE 242 ROLLS-ROYCE PLC: EXPANSIONS
             11.1.3 SGL CARBON
                        TABLE 243 SGL CARBON: COMPANY OVERVIEW
                        FIGURE 56 SGL CARBON: COMPANY SNAPSHOT
                        TABLE 244 SGL CARBON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 245 SGL CARBON: DEALS
                        TABLE 246 SGL CARBON: EXPANSIONS
             11.1.4 COORSTEK INC.
                        TABLE 247 COORSTEK INC: COMPANY OVERVIEW
                        TABLE 248 COORSTEK INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 249 COORSTEK INC: EXPANSIONS
             11.1.5 LANCER SYSTEMS
                        TABLE 250 LANCER SYSTEMS: COMPANY OVERVIEW
                        TABLE 251 LANCER SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.6 AXIOM MATERIALS
                        TABLE 252 AXIOM MATERIALS: COMPANY OVERVIEW
                        TABLE 253 AXIOM MATERIALS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 254 AXIOM MATERIALS: PRODUCT LAUNCHES
                        TABLE 255 AXIOM MATERIALS: DEALS
             11.1.7 ULTRAMET
                        TABLE 256 ULTRAMET: COMPANY OVERVIEW
                        TABLE 257 ULTRAMET: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.8 CFC CARBON COMPANY, LTD.
                        TABLE 258 CFC CARBON COMPANY, LTD.: COMPANY OVERVIEW
                        TABLE 259 CFC CARBON COMPANY, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.9 SPIRIT AEROSYSTEMS, INC.
                        TABLE 260 SPIRIT AEROSYSTEMS, INC.: COMPANY OVERVIEW
                        FIGURE 57 SPIRIT AEROSYSTEMS, INC.: COMPANY SNAPSHOT
                        TABLE 261 SPIRIT AEROSYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.10 COIC
                        TABLE 262 COIC: COMPANY OVERVIEW
                        TABLE 263 COIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.11 APPLIED THIN FILMS, INC.
                        TABLE 264 APPLIED THIN FILMS, INC.: COMPANY OVERVIEW
                        TABLE 265 APPLIED THIN FILMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
     11.2 OTHER PLAYERS 
             11.2.1 PRECISION CASTPARTS CORPORATION
                        TABLE 266 PRECISION CASTPARTS CORPORATION: COMPANY OVERVIEW
             11.2.2 STAR FIRE SYSTEMS INC
                        TABLE 267 STARFIRE SYSTEMS INC: COMPANY OVERVIEW
             11.2.3 PYROMERAL SYSTEMS
                        TABLE 268 PYROMERAL SYSTEMS: COMPANY OVERVIEW
             11.2.4 ZIRCAR ZIRCONIA
                        TABLE 269 ZIRCAR ZIRCONIA: COMPANY OVERVIEW
             11.2.5 UNITED COMPOSITES B.V.
                        TABLE 270 UNITED COMPOSITES B.V.: COMPANY OVERVIEW
             11.2.6 TOUCHSTONE ADVANCED COMPOSITES
                        TABLE 271 TOUCHSTONE ADVANCED COMPOSITE.: COMPANY OVERVIEW
             11.2.7 BJS CERAMICS GMBH
                        TABLE 272 BJS CERAMICS GMBH: COMPANY OVERVIEW
             11.2.8 WPX FASERKERAMIK GMBH
                        TABLE 273 WPX FASERKERAMIK GMBH: COMPANY OVERVIEW
             11.2.9 KERAMIKBLECH
                        TABLE 274 KERAMIKBLECH: COMPANY OVERVIEW
             11.2.10 MORGAN ADVANCE MATERIAL
                        TABLE 275 MORGAN ADVANCED MATERIAL: COMPANY OVERVIEW
             11.2.11 KYOCERA CORPORATION
                        TABLE 276 KYOCERA CORPORATION: COMPANY OVERVIEW
             11.2.12 TOUCHSTONE ADVANCE COMPOSITE
                        TABLE 277 TOUCHSTONE ADVANCE COMPOSITE: COMPANY OVERVIEW
             11.2.13 UBE CORPORATION
                        TABLE 278 UBE CORPORATION: COMPANY OVERVIEW
             11.2.14 SCHUNK CARBON COMPOSITE
                        TABLE 279 SCHUNK CARBON COMPOSITE: COMPANY OVERVIEW
 
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
 
12 APPENDIX (Page No. - 239)
     12.1 DISCUSSION GUIDE 
     12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     12.3 CUSTOMIZATION OPTIONS 
     12.4 RELATED REPORTS 
     12.5 AUTHOR DETAILS 

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 primary 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 composites industry vendors; system integrators; component providers; distributors; and key opinion leaders. Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the 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 outlook of their business which will affect the overall market.

The Breakup of Primary Research:

Ceramic Matrix Composite Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

COMPANY NAME

DESIGNATION

Axiom Materials Inc.

Product Development Head

CoorsTek Inc.

CEO & Founder

Ultramet

Consultant

General Electric Company

Sales Head 

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.

Ceramic matrix composites Market Size: Botton Up Approach

Ceramic Matrix Composite Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Ceramic matrix composites Market Size: Top-Down Approach

Ceramic Matrix Composite Market Size, and Share

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 is a combination of at least two materials, out of which one is a binding material (called the matrix), and the other is a reinforcement material (which is generally a fiber). The matrices can be oxide and non-oxide. The fibers can be carbon, oxide, silicon carbide, and others. Ceramic matrix composites are classified into oxide and non-oxide based on the fiber used. Oxide fibers are reinforced into the oxide matrix, whereas non-oxide fibers are reinforced into the non-oxide matrix. These are high-performance composites, which are mainly used in high-temperature applications.

Key Stakeholders

  • Ceramic matrix composites manufacturers
  • Senior Management
  • End User
  • Ceramic matrix composites and composite associations and industrial bodies
  • Research and consulting firms.
  • R&D Department

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 new product developments/new product launches, to draw the competitive landscape
  • To strategically profile the key market players and comprehensively analyze their core competencies

Available Customizations

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  • Additional country-level analysis of the ceramic matrix composites market
Product Analysis
  • Product matrix, which provides a detailed comparison of the product portfolio of each company's market
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.

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Report Code
CH 2940
Published ON
Jun, 2024
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