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Ceramic Matrix Composites Market - Top Companies and Manufacturers

  • Report ID: 5135
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Companies Dominating the Ceramic Matrix Composites Landscape

    • General Electric
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Siemens Energy
    • Rolls-Royce
    • Pratt & Whitney
    • BASF SE
    • Hexcel Corporation
    • CoorsTek Inc.
    • CeramTec GmbH
    • SGL Carbon
    • Saint-Gobain
Browse Key Market Insights with Data Illustration:

In the News

  • As part of the Adaptive Engine Transition Programme (AETP) of the U.S. Air Force, General Electric completed phase 1 testing on its second XA100 adaptive cycle engine. Phase 1 testing was carried out at GE's Evendale, Ohio, altitude test facility and permitted GE to continue obtaining excellent performance data verifying the engine's capacity for revolutionary propulsion. In the first quarter of 2022, phase 2 tests were scheduled to start at the U.S. Air Force's advanced testing facilities at Arnold Engineering Development Complex (AEDC).
  • In Carlsbad, California, a ceramic matrix composites (CMCs) engineering and development center has opened, according to Pratt & Whitney, a division of Raytheon Technologies Corp.

Author Credits:  Rajrani Baghel


  • Report ID: 5135
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of ceramic matrix composites is assessed at USD 16.13 billion.

The ceramic matrix composites market size was over USD 14.81 billion in 2024 and is poised to reach USD 58.19 billion by the end of 2037, witnessing around 11.1% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by a surge in demand for automotive, a rise in the use of ceramic matrix composites in the medical sector, and growing space exploration activities.

Asia Pacific industry is set to have the significant growth by 2037, due to rapid urbanization and rising population have spurred construction activity in the region.

The major players in the market include General Electric, Siemens Energy, Rolls-Royce, Pratt & Whitney, BASF SE, Hexcel Corporation, CoorsTek Inc., CeramTec GmbH, SGL Carbon, Saint-Gobain.
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