Ceramic Matrix Composites Market by Fiber Type – Global Opportunity Analysis and Industry Forecast, 2017-2023 – Research and Markets

DUBLIN--(BUSINESS WIRE)--The "Ceramic Matrix Composites Market by Fiber Type - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to Research and Markets' offering.


The global ceramic matrix composites market was valued at $3,900 million in 2016, and is anticipated to reach at $7,707 million, growing at a CAGR of 10.3% from 2017 to 2023. Ceramic matrix composites (CMC) are composed of ceramic fibers reinforced with particulates, fibers, and cloth. They exhibit greater crack resistance and doesn't fracture easily under heavy loads, on comparison with conventional technical ceramics, which are found to fracture easily under loads. These composites exhibit greater strength, thermal shock stability, and erosion resistance at high temperatures.

The global ceramic matrix composites market gains demand, owing to its wide utilization among engineering application as they require high strength, high temperature resistance, armor or ballistic properties, and erosion or wear resistance. In addition, increase in use of internal combustion engines, jet engines, and rocket engines boosts the market growth. Moreover, rise in R&D activities, mass production of ceramic fibers, need to reduce weight to increase fuel efficiency of vehicles propel the market growth. However, major concerns related with reparability & recyclability and higher costs compared to other alloys restrain the market growth.

Key Topics Covered:

Chapter 1. Introduction

Chapter 2. Executive Summary

Chapter 3. Market Overview

Chapter 4. Global Ceramic Matrix Composites Market, By Type

Chapter 5. Global Ceramic Matrix Composites Market, By Fiber Type

Chapter 6. Global Ceramic Matrix Composites Market, By End-User

Chapter 7. Global Ceramic Matrix Composites Market, By Geography

Chapter 8. Company Profiles

Companies Mentioned

  • Rolls-Royce PLC.
  • COI Ceramics Inc.
  • SGL Group. Ceramtec
  • Lancer Systems.
  • Coorstek Inc.
  • Applied Thin Films Inc.
  • Ultramet
  • Composites Horizons and Starfire Systems Inc.

For more information about this report visit https://www.researchandmarkets.com/research/s8w6l6/ceramic_matrix


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Related Topics: Ceramics, Composites