DUBLIN--(BUSINESS WIRE)--The "Ceramic Matrix Composites Market to 2027 - Global Analysis and Forecast by Product; End-use Industry and Geography" report has been added to ResearchAndMarkets.com's offering.
The global ceramic matrix composites market is accounted to US$ 8560.0 Mn in 2018 and is expected to grow at a CAGR of 9.1% during the forecast period 2019 - 2027, to account to US$ 18,485.0 Mn by 2027.
Ceramic Matrix Composites (CMCs) are the materials consisting of a ceramic matrix combined with ceramic material reinforcements such as oxides or carbides. Ceramic materials are inorganic and nonmetallic solids, which are crystalline. They exhibit improved crack resistance and do not rupture easily under heavy loads as compared to conventional technical ceramics. Ceramic Matrix Composites (CMC) are the materials consisting of a ceramic matrix combined with ceramic oxides or carbides. Ceramic materials are inorganic and nonmetallic solids, which are crystalline. They exhibit improved crack resistance and do not rupture easily under heavy loads as compared to conventional technical ceramics. Ceramic matrix composites reinforced by either continuous long fibers or discontinuous short fibers. Ceramic matrix composites designed to improve the toughness of traditional ceramics, the main disadvantage of which is brittleness. High mechanical strength, high stiffness, high thermal and shock resistance, high thermal stability, high corrosion resistance, and lightweight making them suitable for the number of applications in aerospace & defense, automotive, energy, and power industries. They are majorly used in structural applications for helicopter rotor blades, ballistic protection plates, control surfaces, radomes, doors, and fuselages. Growing demand for lightweight & high performance materials from these industries is expected to drive the growth of ceramic matrix composites market during the forecast period.
Growing demand for lightweight & high performance materials from aerospace and defense industry is driving the growth of ceramic matrix composites market. High damage tolerance, fracture toughness, and high-temperature wear, & corrosion resistance have increased the use of ceramic matrix composites for broad applications in the aerospace & defense industry. Ceramic matrix composite (CMC) materials can benefit aerospace in thrust, exhaust, thermal protection, and primary structure applications, which require heat resistance. Ceramic matrix composites used in static components such as gas turbines, combustor liners, shrouds, blades, and nozzles of aircraft engines. Other than this, several factors which are influencing the growth of ceramic matrix composites market are rapid changes in technology and intense competition among market players along with increased focus over R&D activities for ceramic matrix composites. Such activities are expected to create lucrative opportunities for the ceramic matrix composites market.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global ceramic matrix composites market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Key Topics Covered:
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Ceramic matrix composites Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinions
5. Ceramic Matrix Composites Market - Key Industry Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis
6. Ceramic matrix composites- Global Market Analysis
6.1 Global Ceramic Matrix Composites Market Overview
6.2 Global Ceramic Matrix Composites Market Forecast and Analysis
6.3 Market Positioning - Global Market Players Ranking
7. Global Ceramic Matrix Composites Market Analysis - by Product
7.2 Global Ceramic Matrix Composites Market Breakdown, by Product, 2018 & 2027
7.4 Carbon/Silicon Carbide
7.6 Silicon Carbide/Silicon Carbide
8. Global Ceramic Matrix Composites Market Analysis - by End-Use Industry
8.2 Global Ceramic Matrix Composites Market Breakdown, by End-Use Industry, 2018 & 2027
8.3 Aerospace and Defence
8.5 Energy & Power
9. Ceramic Matrix Composites Market - Geographical Analysis
9.2 North America Ceramic Matrix Composites Market Revenue and Forecasts to 2027
9.3 Europe ceramic matrix composites Market Revenue Forecasts to 2027
9.4 APAC Ceramic Matrix Composites Market Revenue and Forecasts to 2027
9.5 South America Ceramic Matrix Composites Market Revenue and Forecasts to 2027
9.6 Middle East and Africa Ceramic Matrix Composites Market Revenue and Forecasts to 2027
10. Industry Landscape
10.1 Strategy and Business Planning
10.2 Product News
10.3 Merger and Acquisition
11. Company Profiles
11.1 COI Ceramics, Inc.
11.2 General Electric Company
11.3 Lancer Systems
11.4 SGL Carbon
11.5 Rolls-Royce Plc
11.6 CoorsTek, Inc.
11.7 Applied Thin Films Inc.
11.9 CFCCARBON CO,. LTD
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