Ceramic Matrix Composites Market Report 2026

The ceramic matrix composites market size has grown rapidly in recent years. It will grow from $8.31 billion in 2025 to $9.29 billion in 2026 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to advancements in ceramic processing technologies, increased defense and aerospace spending, demand for materials with superior thermal stability, growth of high-performance industrial applications, early adoption in aerospace propulsion systems.

The ceramic matrix composites market size is expected to see rapid growth in the next few years. It will grow to $14.44 billion in 2030 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to rising adoption of electric and hybrid propulsion systems, increasing demand for fuel-efficient aircraft components, expansion of renewable energy and power generation systems, growing investments in advanced materials research, rising use of cmcs in automotive high-performance parts. Major trends in the forecast period include rising adoption of high-temperature resistant materials, growing use of ceramic matrix composites in aerospace components, increasing demand for lightweight and high-strength materials, expansion of advanced manufacturing techniques for cmcs, rising application of cmcs in energy and power systems.

The increasing demand for electric vehicles is anticipated to have a positive effect on the ceramic matrix composites market. These materials are being increasingly utilized in hybrid vehicles, as they exhibit significant potential for application in both electric and hybrid models. The primary advantages of ceramic matrix composites in the automotive sector include weight reduction, leading to fuel savings, and, in the case of electric vehicles, extended driving ranges before recharging. For instance, in October 2024, the Edison Electric Institute (EEI), a US-based association representing investor-owned electric companies, projected that the number of electric vehicles (EVs) on U.S. roads would rise to 78.5 million by 2035, up from 4.5 million at the end of 2023, accounting for over 26% of the anticipated 300 million total vehicles. Therefore, the growing demand for electric vehicles will drive the expansion of the ceramic matrix composites market.

Leading companies in the ceramic matrix composites market are increasingly adopting high-performance technologies, such as carbon fiber-reinforced ceramic matrix composites, to gain a competitive advantage by offering lightweight and durable materials for high-performance applications. Carbon fiber-reinforced ceramic matrix composites (C/C CMCs) merge the lightweight and high-strength characteristics of carbon fibers with the high-temperature resistance and durability of ceramic matrices, making them well-suited for demanding applications in aerospace, defense, and industrial sectors. For example, in August 2024, Arceon, a technology company based in the Netherlands, introduced Carbeon C/C-SiC ceramic matrix composites designed for high-performance use in space, defense, and industry. These advanced materials are specifically engineered for challenging environments, including rocket nozzles and components for the International Space Station (ISS). The Carbeon composites are built to withstand extreme temperatures, radiation, and vacuum conditions, making them ideal for next-generation aerospace applications.

In August 2023, Lucideon Group Limited, a UK-based materials technology and consultancy firm, entered into a partnership with the National Composites Centre (NCC) to advance the development of next-generation ceramic matrix composite (CMC) solutions. Through this collaboration, the aim is to integrate Lucideon’s expertise in advanced ceramics testing, analysis, evaluation, and AMRICC pilot-scale capabilities with NCC’s strengths in system and product design and industrial-scale development, thereby accelerating the adoption of high-temperature, extreme-environment materials across the aerospace, energy, and defense sectors. The National Composites Centre is a UK-based advanced composites technology organization focused on end-to-end composite engineering, digital design, and industrial scale-up services for industries such as aerospace, energy (including new nuclear), defense, and transport.

Major companies operating in the ceramic matrix composites market report are General Electric Company, Safran, Rolls Royce plc, RTX Corporation, MTU Aero Engines, Aerojet Rocketdyne, Spirit AeroSystems, Boeing, Airbus, SGL Carbon, CoorsTek Inc, CeramTec GmbH, Morgan Advanced Materials, Kyocera Corporation, Ultramet, COI Ceramics, Lancer Systems, CFC Carbon Co Ltd, ZhongAo Carbon, DJT Carbon Co Ltd.

North America will be the largest region in the ceramic matrix composites market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the ceramic matrix composites market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ceramic matrix composites market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The ceramic matrix composites market consists of sales of alumina, mullite, polymer matrix composites, ceramic matrix composites, and metal matrix composites. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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