Home >> Report Store >> Bulk Chemicals >> Ceramic Matrix Composites Market Size, Share & Industry Report, 2025 >

Ceramic Matrix Composite Market, By Product (Carbon, Silicon Carbide, and Oxide), by Application and by Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025

138 Pages | Published Date : 21 / 02 / 19  | Report Code: AV223 | Report Format: PDF

REPORT HIGHLIGHT

The Ceramic Matrix Composite market was valued at USD 2.49 billion by 2017, growing with 12.6% CAGR during the forecast period, 2018-2025.

Ceramic Matrix Composite (CMC) has high utility in various kinds of thermal management applications and electronics. The credibility lies in the material’s high thermal and electrical conductivity. It is perfect for applications where high efficiency is a necessity. 

Market Dynamics

Energy Applications, defense, and aerospace are the sectors where CMCs are extensively used. The ever-increasing demand from these sectors will fuel up the growth of its market. The common factors that will drive the growth of CMC industry during the forecast period are

  • Durability
  • Endurance
  • Strength to Weight Ratio
  • Stiffness
  • Impressive thermal conductivity
  • Increased Coefficient of friction

Moreover, it is expected that a combination or replacement of conventional materials with Nanocomposites or matrix composites will bolster the growth. Although global CMC industry has tremendous prospect yet there are certain deterrents that may inhibit its growth to the optimum level.  One of them is associated with the high manufacturing cost that is largely influenced by the cost of ceramic fibers.  Cost of premium grade silicon carbide fiber can have the ceiling price of 11,080 USD per kg. One of the justified rationales for high prices can be comprehended on the grounds that ceramic production is a highly specialized and labor-intensive process. 

Product Takeaway

The ceramic matrix composite market is classified into four types namely, Carbon, Silicon carbide, oxide and others.  In most composites, Carbon Fiber is used and thereby produced in bulk. On the flip side by 2025, it is anticipated that Silicon carbide ceramic will emerge as the product segment having the largest demand. It will have a revenue share over 35% by volume. SiC composites have an impressive oxidation resistance in comparison to carbon matrix composites hence, their commercial production has started to fulfill the demand of aerospace applications. 

Oxide matrix composites are going to be one of the fastest growing product segments in the course of the forecast period and it will have more than 28% share till 2025. These products are the latest rendition in the industry. Their seamless features like no oxidation, high durability, endurance, and low cost will facilitate its demand in energy and power applications, defense and aerospace. 

Application Takeaway

The end user industries comprise of automotive, aerospace, defense, energy &power, and electrical & electronics. Among these industries, sectors like energy & power, and electrical applications are anticipated to have high demand for CMCs. And this demand is due to excellent thermal stability and remarkable thermal conductivity of CMCs.

On the other side, industries like aerospace, automotive and defense will also prove to be highly profitable for CMCs sale. The exponential demand of CMCs in these sectors is due to its associated benefits such as superb load resistance, shock resistance and better flexibility.

Regional Takeaway  

As North America has a huge budget on defense and aerospace, it is expected that the region will have the highest concentration of CMC consumers.  In 2017, North America witnessed the highest growth of ceramic matrix composite market and it is expected to pick up the pace till 2025. The Asia Pacific region is expected to emerge as the fastest growing in the region exhibiting a CAGR of 13.5% in terms of value and volume during the forecast period.  The ever-increasing demands for energy followed by technological developments in the aerospace industry are the dominating factors paving the growth of CMC in this region.  Emerging economies like China, Thailand, India, and Malaysia enjoy a competitive advantage as the cost of raw materials and labor is low.

Key Vendor Takeaways

The expansion of the global market for CMC is lead from the front by eminent names like Ceramtec International, 3M Company and COI Ceramics, Inc. It will not be long before various multinational companies and aviation giants like GE Aviation make a humungous investment in the development of ceramic composites to manufacture aircraft engines.  Other companies operating in this area are UBE Industries, Ltd., Kyocera Corporation, Lancer Systems and Coorstek, Inc. For new companies capital requirement is the major hurdle which may restrict them to take entry in this business segment.

The market size and forecast for each segment and sub-segments has been considered as below:

  • Historical Year – 2014 & 2016
  • Base Year – 2017
  • Estimated Year – 2018
  • Projected Year – 2025

TARGET AUDIENCE

  • Traders, Distributors, and Suppliers
  • Manufacturers
  • Government and Regional Agencies and Research Organizations
  • Consultants
  • Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT

  • Carbon
  • Silicon Carbide
  • Oxide
  • Others

MARKET, BY APPLICATION

  • Energy & power
  • Defense
  • Aerospace
  • Electrical & Electronics
  • Others

MARKET, BY REGION

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

TABLE OF CONTENT

1. CERAMIC MATRIX COMPOSITE MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. CERAMIC MATRIX COMPOSITE KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. CERAMIC MATRIX COMPOSITE INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Market Attractiveness Analysis
4.3. Regulatory Framework Analysis
5. CERAMIC MATRIX COMPOSITE MARKET LANDSCAPE
5.1. Market Share Analysis
6. CERAMIC MATRIX COMPOSITE MARKET – BY PRODUCT
6.1. Overview
6.2. Carbon
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.3. Silicon Carbide
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.4. Oxide
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.5. Others
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7. CERAMIC MATRIX COMPOSITE MARKET – BY APPLICATION
7.1. Overview
7.2. Energy & power
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3. Defense
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.4. Aerospace
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.5. Electrical & Electronics
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.6. Others
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8. CERAMIC MATRIX COMPOSITE MARKET– BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.2.3. U.S.
8.2.3.1. Overview
8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.2.4. Canada
8.2.4.1. Overview
8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.3. Europe
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.3.3. France
8.3.3.1. Overview
8.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.3.4. Germany
8.3.4.1. Overview
8.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.3.5. Rest of Europe
8.3.5.1. Overview
8.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.4.3. China
8.4.3.1. Overview
8.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.4.4. India
8.4.4.1. Overview
8.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.4.5. Rest of APAC
8.4.5.1. Overview
8.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.5. Rest of the World
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.5.3. Latin America
8.5.3.1. Overview
8.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.5.4. Middle East and Africa
8.5.4.1. Overview
8.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9. KEY VENDOR ANALYSIS
9.1. Ceramtec International
9.1.1. Company Overview
9.1.2. SWOT Analysis
9.1.3. Key Developments
9.2. 3M Company
9.2.1. Company Overview
9.2.2. SWOT Analysis
9.2.3. Key Developments
9.3. GE Aviation
9.3.1. Company Overview
9.3.2. SWOT Analysis
9.3.3. Key Developments
9.4. UBE Industries, Ltd.
9.4.1. Company Overview
9.4.2. SWOT Analysis
9.4.3. Key Developments
9.5. Kyocera Corporation
9.5.1. Company Overview
9.5.2. SWOT Analysis
9.5.3. Key Developments
9.6. Lancer Systems
9.6.1. Company Overview
9.6.2. SWOT Analysis
9.6.3. Key Developments
9.7. Coorstek, Inc.
9.7.1. Company Overview
9.7.2. SWOT Analysis
9.7.3. Key Developments
9.8. COI Ceramics, Inc.
9.8.1. Company Overview
9.8.2. SWOT Analysis
9.8.3. Key Developments
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. Abbreviations
11.3. Disclaimer
11.4. Contact Us

List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PEST Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global Ceramic Matrix Composite Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
Table 10 Ceramic Matrix Composite Market, by Product, 2014 – 2025 (USD Billion)
Table 11 Ceramic Matrix Composite Market, by Application, 2014 – 2025 (USD Billion)
Table 12 Ceramic Matrix Composite Market, by Geography, 2014 – 2025 (USD Billion)
Table 13 North America Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 14 U.S. Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 15 Canada Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 16 Europe Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 17 France Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 18 Germany Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 19 Asia Pacific Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 20 China Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 21 India Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 22 Latin America Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)
Table 23 MEA Ceramic Matrix Composite Market, 2014 – 2025 (USD Billion)

List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Ceramic Matrix Composite Market, by Product, 2014 – 2025 (USD Billion)
Figure 6 Ceramic Matrix Composite Market, by Application, 2014 – 2025 (USD Billion)
Figure 7 Ceramic Matrix Composite Market, by Geography, 2014 – 2025 (USD Billion)

SCOPE AND OBJECTIVES
The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the market. The scope of this report covers the market by its major segments.

KEY BENEFITS OF THE REPORT
– The report presents macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
– Thorough analysis of relevant statistical data to estimate the market paradigms
– Exceptional understanding of region and country specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts, and growth specific to the countries.
– Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

RESEARCH METHODOLOGY

Research methodology is developed on a combination of specialist industry analyst knowledge and in-country research experience. We employ data interrogation methodologies to generate new and meaningful analyses and insights. The research study includes extensive use of secondary sources, paid databases (such as Bloomberg, Dun & Bradstreet, and BusinessWeek) and directories, to identify and collect information, useful to understand technical, commercial and market-oriented aspects. Market data and information are also collected (but not limited to) from the secondary sources such as:

  • Official company’s website, financial and annual reporting
  • Government statistical data
  • Online publishing articles
  • Industry player’s investor presentations
  • Economic news articles
  • National and international trade associations
  • The financial, business, and mainstream press
  • Industry study groups and semiofficial sources
  • Informative channels related to the market topics

* Gathering data through secondary sources is only the first step. The ability to cross-refer market data through available secondary            information often conflicting across multiple sources is a key aspect of the added value we provide

In order to verify and validate secondary market data, we engage with the Key Opinion Leaders (KoL’s), operating in the respective markets, through phone calls, emails, and web-based survey responses. This platform help us validate our data in terms of accuracy and gain insight into the current market and future expectations. Furthermore, the obtained information guide us to understand several facets of the market with respect to manufacturers and buyers’ perspectives.

In addition, to assign weights to all the relevant market dynamics and parameters and quantify their market impact for generating projected market growth rate, we used advanced machine learning algorithms in order to collate essential market data. The machine learning method utilizes algorithms such as regression, correlation, and decision tree, among others, to derive the desired output. This tool help us in deriving highly detailed forecasts, profound knowledge of product demand, and others.

These collected data points are carefully filtered, analyzed, compared, and presented in an easy way to develop accurate research study. Furthermore, all collected data is subjected to undergo exhaustive review process at country level, regional level, and global level.

Market Forecast :

Market forecast is primarily based on the year-on-year (YOY) growth rate. Data projection and future performance of each segment is analyzed based on the key aspects extracted from primary and secondary research results. Thus, data projection exhibits the assumption on how the market performs under microeconomic and macroeconomic parameters. Our market forecasting technique represents strategic conclusions which can play a crucial role for our client’s in making strategic marketing plans.

For forecasting, the following parameters were considered:

  • Market drivers and restraints along with their current and expected impacts
  • Technological scenario and expected developments
  • Trends in the consumer behaviors
  • End-user industry trends

We have assigned weights to above-mentioned parameters and quantified their market impacts using the weighted average analysis, to derive an expected market growth rate.

Market Analysis

Another integral part of our research study is that market data is accompanied by clear written analysis. We include detailed information on market segments in terms of market drivers, market restraints, and market opportunities. These offer insights on different channel dynamics, brand preference, incidence/prevalence data, consumption trend, and technology up-gradations.

We also include supporting data from relevant awareness campaigns, new introductions, regulatory norms, government initiatives, and an industry player’s expansion in specific product segments. From research perspective, this information explains and substantiates estimated data finding and forecast.

Why AnalystView?

Z

Trusted Partnership

We strive to become one of the trusted partner of our client by offering value added services and concrete research data.

Y

Tailor-Made Solutions

From single reports and data downloads to enterprise subscriptions to custom consultancy, we can base our precise solutions round our client’s exact needs.

Turnaround Time

Our analyst aims to provide research studies in quickest turnaround time and in a much cost effective manner.

T

Data Accuracy and Reliability

We utilize a mix of primary, secondary research, and machine learning algorithms to generate accurate and comprehensive data about market size and revenue forecasts.

Competitive Pricing

We offer most competitive pricing policy across the research industry

Client Testimonials

Asia Pacific based Chemical Industry (Privacy Requested)

Thanks AnalystView for putting a great team to work on our research projects. It was a smooth transition of knowledge and delivery was seamless. We are keen to work with you on our upcoming projects. Thank you once again for the professional attitude your team has demonstrated.

CEO, Europe based Digital Media Company (Privacy Requested)

We had confusion after receiving the final data sheet of report. As per some preliminary we already have, we believe the market is over estimated.. However, after string of calls with analyst, we found their final research analysis was methodologically sound and their work to be very professional and up […]

Managing Director, Chemical based Company, Asia Pacific (Privacy Requested)

We are happy with the way the AnalystView member understood the brief and went about executing our research project.

U.S. Headquartered Medical Device Company (Privacy Requested)

AnalystView team has done brand assessment study for blood glucose monitoring devices market, in which we want enter into….We were very impressed not only by their research skills but also by their understanding of issues relevant to our requirements…!!

Vice President, Petrochemical Firm based in China (Privacy Requested)

It was a pleasure assigning project to AnalystView; they are reliable, fast and friendly. Highly recommend this company for research workJGood stuff!

US based healthcare service provider (Privacy Requested)

Frankly, we didn’t expect much comprehensive data for the report we purchased. To be surprised, I must say the report we received was very nicely executed….It contains all the information we are looking for and satisfied with the quality of the report. Thank you team

Europe based Chemical Industry (Privacy Requested)

Just wanted to say massive thanks for all the help from the AnalystView team. We purchased two reports one is Food Safety Testing report and another one is Enzyme market. These reports have helped us build a sound knowledge base of our business segments and have taken our business to […]

Why Choose Us

We devise research report with quality data:

Combined with an in-depth knowledge of the current industry and a sharp analytical mind, AnalystView serve our customer accurate research in accordance with a constantly evolving industry.

We work with businesses just like yours: 

AnalystView committed to making a positive difference for our clients. This means whatever you demand, chances are we already have experience with something similar.

Share This