Ceramic Matrix Composites Market Analysis

End-Use (Defense & Aerospace, Automotive, Energy & Power, Industrial)

The defense & aerospace segment in the ceramic matrix composites market is poised to grow at a share of 60% over the forecast period. Ceramic matrix composites (CMCs) are one of the fastest-growing developments in the worldwide aviation business, and they have grown more prevalent in the aerospace industry. Aerospace applications including propulsion, hot primary structures, exhaust, and thermal protection can benefit from CMC materials. Engine valves, turbines, and turbochargers are merely some of the components in aircraft technology that utilize CMCs.

Type [Carbon Reinforced Carbon (C/C), Silicon Carbide Reinforced Silicon Carbide (SIC/SIC), Oxide-Oxide (OX/OX), Silicon Carbide & Carbon (SIC/C)]

The silicon carbide reinforced silicon carbide (SIC/SIC) segment is set to generate a share of 50% by the end of 2037. SiC/SiC matrix composites are a form of ceramic matrix composite (CMC) which has gained prominence given their high-temperature material for usage in applications such as gas turbines as a replacement for metallic alloys. The SiC/SiC CMC can be adjusted to individual conditions by choosing the optimal fiber, fiber coating, fiber architecture, and matrix materials and methods. In recent years, the use of SiC/SiC ceramic matrix composites in the energy and power industries has expanded due to their remarkable oxidation and radiation resistance qualities.  

Our in-depth analysis of the global market includes the following segments: