The global Ceramic Matrix Composites Market report contains overall the details analysis based on few parameters like drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and competitive panel for the forecast timespan of 2020 to 2026. Therefore, these written statements reflect the overall market conditions and various other factors that are associated with the market that will definitely guide concerned parties in making a strategic decision.
This research report also includes profiles
of major companies operating in the global market. Some of the prominent
players operating in the global Ceramic Matrix Composites market are 3M
Company, Applied Thin Films Inc., CeramTec International, COI Ceramics Inc.,
CoorsTek Inc., General Electric Company, Kyocera Corporation, Lancer Systems
LP, SGL Carbon Company, Starfire Systems Inc., Ube Industries Ltd., Ultramet,
Inc and others.. This section cover profiling of major players in terms of
important aspects such as company overview, financial overview, business
strategy, and recent developments undertaken during the forecast horizon.
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Market
Dynamics
Silicon carbide reinforced silicon carbide
(SIC/SIC) segment held the major share in 2019. SIC/SIC is widely used in
high-temperature application, owing to its properties such as resistance to
high temperature and oxidation. Due to increase in production and export of
aerospace and defense equipment like fighter jets from countries such as the
U.S., Germany, France, and the UK to developing countries has increased the
demand for SIC/SIC. As per fiber material, the SIC fiber segment accounted for
the major share (over 35%) in 2019. This is attributed to the fact that silicon
carbide fiber offers high stiffness, high chemical resistance, high temperature
tolerance, and low weight as well as thermal expansion. Due to all these
benefits, silicon carbide fibers are the clear choice for hot section
components in the next generation of gas turbines. This in turn is anticipated
to fuel the growth of the ceramic matrix composites market.
North America accounted for the major share
in 2018 in the global ceramic matrix composites market, owing to increase in
consumption of these composites in the automotive, aerospace & defense, and
electrical & electronics industries. However, high manufacturing cost is
the major obstacle in growth of this industry.
The report has been created by using
crucial tools such as Porter’s Five Forces Model, Market Attractiveness
Analysis and Value Chain analysis to help businesses around the globe navigate
opportunities and challenges in the rapidly evolving marketplace with clarity.
These tools also serve the detailed information of each application/product
segment in the global market of Ceramic Matrix Composites.
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Market
Segmentation
The study offers a decisive view of the
global Ceramic Matrix Composites market by segmenting it terms of product and
application. The report analyzes these subsets with respect to the regional
segmentation. This research study will prepare marketers for the evolving needs
of their customers.
By
Product
·
Oxide
·
Silicon Carbide
·
Carbon
·
Others
By
Application
·
Aerospace
·
Defense
·
Energy & Power
·
Electrical & Electronics
Regional
Analysis
This section covers Ceramic Matrix
Composites market for the regions North America, Europe, Asia-Pacific, Latin
America, and Middle East & Africa. Regional segmentation has been done
based on the present and future trends in the global Ceramic Matrix Composites
market along with the individual application segment across all the prominent
region.
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