Global Ceramic Matrix Composites Market by Type (Carbon-Carbon, Carbon-Silicon Carbide, Oxide-Oxide), Fiber Type (Continuous Fiber, Short Fiber), End User - Forecast 2024-2030

The Ceramic Matrix Composites Market size was estimated at USD 13.23 billion in 2023, USD 14.18 billion in 2024, and is expected to grow at a CAGR of 7.63% to reach USD 22.15 billion by 2030.

Cumulative Impact of COVID-19

The COVID-19 pandemic has had an enormous impact on all industries, including the CMC market. With businesses shut down due to lockdown restrictions, there was a sharp decline in demand for CMCs due to decreased production activity by companies. The decrease in demand for CMCs has also resulted in decreased revenue for manufacturers and suppliers of CMCs. Additionally, with most manufacturers shifting their focus towards more essential goods, such as medical equipment and supplies, there was an increase in competition between existing manufacturers and new entrants into the market. As a result of this increased competition, prices of CMCs have seen a downward trend since early 2020.

Cumulative Impact of Russia-Ukraine Conflict

The ongoing conflict between Russia and Ukraine has also had an impact on the CMC market. Since both countries are major producers and suppliers of raw materials used in manufacturing CMCs, any disruption or sanctions imposed by either country can significantly affect production activity and supply chains across Europe. Additionally, due to increased political tensions between both countries, many buyers have delayed or cancelled orders for CMCs from both countries due to concerns about supply chain reliability and potential disruptions in production activity caused by sanctions or other political measures taken by either country against each other. This has caused further declines in demand for these materials across Europe.

Cumulative Impact of High Inflation 

High inflation rates have also had a significant impact on the ceramic matrix composites (CMC) market. Because these materials are manufactured using expensive raw materials such as alumina fibers and silicon carbide particles, rising prices of these materials can lead to higher costs associated with producing them which can lead to higher prices for consumers as well. Additionally, with most economies still struggling due to lockdowns imposed during 2020, consumers are unable to purchase costly products like ceramic matrix composites at current inflated prices which further adds to declining sales numbers for this product segment across Europe.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Ceramic Matrix Composites Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Ceramic Matrix Composites Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Ceramic Matrix Composites Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Applied Thin Films, Inc., Axiom Materials, Inc., CeramTec GmbH, CFC CARBON CO., LTD, COI Ceramics, Inc., Composites United eV, Coorstek, Inc., CVD Equipment Corporation, General Electric Company, Hexcel Corporation, Kyocera Corporation, L&L Special Furnace Co, Inc., Lancer Systems, LP, Rolls-Royce PLC, Safran Group, SGL Carbon SE, Siemens AG, Specialty Materials, Tosoh Corporation, UBE Corporation, Ultramet, Virial Ltd., and Zircarceramics.

Market Segmentation & Coverage

This research report categorizes the Ceramic Matrix Composites Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
  • Carbon-Carbon
  • Carbon-Silicon Carbide
  • Oxide-Oxide
  • Silicon Carbide-Silicon Carbide
• Fiber Type
  • Continuous Fiber
  • Short Fiber
• End User
  • Aerospace & Defense
  • Automotive
  • Electricals & Electronics
  • Energy & Power

• Region
  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

The report offers valuable insights on the following aspects

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

1. What is the market size and forecast of the Ceramic Matrix Composites Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Ceramic Matrix Composites Market?
3. What are the technology trends and regulatory frameworks in the Ceramic Matrix Composites Market?
4. What is the market share of the leading vendors in the Ceramic Matrix Composites Market?
5. Which modes and strategic moves are suitable for entering the Ceramic Matrix Composites Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.