SILICON CARBIDE FIBERS MARKET SIZE & ANALYSIS FORECASTS TO 2025 - PowerPoint PPT Presentation

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SILICON CARBIDE FIBERS MARKET SIZE & ANALYSIS FORECASTS TO 2025

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Title: SILICON CARBIDE FIBERS MARKET SIZE & ANALYSIS FORECASTS TO 2025


1
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Silicon Carbide
Fibers market Silicon Carbide Fibers Market
Insights The global Silicon Carbide Fibers
market is expected to grow at a significant rate
over the forecast period. The market growth is
anticipated to be influenced by rising
application of SiC fibers in military aircraft
and other commercial uses. Factors such as
superior heat resistance properties and high
strength to weight ratio are also likely to have
a positive influence on the overall
industry. Increasing RD initiatives undertaken
by companies for developing accident tolerant
lightweight nuclear reactors are projected to
generate immense market potential over the
coming years. Also, increasing demand for
fuel-efficient aircraft and leap engines are
expected to drive the market demand. However,
factors such as high cost of SiC fibers can
potentially hinder the market growth up to some
extent.
Silicon Carbide Fibers Market Form
Insights Based on form, the market is segmented
into continuous and woven cloth form among
others. The continuous form segment held the
largest market share in 2016. Benefits associated
with these fibers such as superior strength,
light-weightiness, and ability to withstand high
temperature are likely to boost application of
the product in aircraft engines. This, in turn,
is expected to foster the segment growth over
the years.
2
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Silicon Carbide Fibers Market Usage
Insights Based on usage, the market is segmented
into composites and non-composites. The
composites segment is further segregated into
Ceramic Matrix Composite (CMC), Polymer Matrix
Composites (PMC), and Metal Matrix Composites
(MMC). The market for CMC is anticipated to
occupy the highest share on the account as it is
widely used in the manufacturing of land-based
gas turbine and aircraft. SiC fibers are also
extensively being used for engine components
including shrouds, combustors, nozzles, turbopump
components and vanes. Silicon Carbide Fibers
Market End-Use Insights The global Silicon
Carbide fibers market is segmented into aerospace
defense, energy power, and industrial, based
on end use. The aerospace defense segment is
projected to hold the largest share in the
industry over the forecast period. Also, factors
such as superior strength, light weightiness,
and resistance to high temperature are likely to
replace metal alloys with SiC fibers in aircraft
engines. Silicon Carbide Fibers Market Regional
Insights The North American region is
anticipated to witness large investments in SiC
fibers market on account of increasing adoption
of SiC fibers by the military aircraft and
commercial sector. The regional growth is also
attributed to the presence of key aircraft engine
manufacturers in the U.S. such as GE Aviation.
Europe is expected to be the second largest
revenue contributor of the overall market. The
regions including the Middle East Africa and
the Asia Pacific are also seen to register high
growth rates over the forecast period.
3
  • GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • Silicon Carbide Fibers Market End-Use Landscape
  • The end-use landscape entails a list of current
    and prospective consumers prevailing across the
    regions. This section provides company addresses,
    contact details, products, and regional presence
    of companies who are purchasing or are likely to
    purchase SiC fibers over the coming years. Some
    leading consumers of SiC fibers are Boeing,
    Airbus, and Lockheed Martin Corporation among
    others.
  • Silicon Carbide Fibers Market Vendor Landscape
  • The report contains a chapter dedicated to
    vendors operating in the market, covering raw
    material manufactures, equipment developers,
    manufacturers, and distributors. The report
    provides these insights on a regional level. This
    section of the report entails contact details,
    experience, products manufactured/supplied, and
    geographical presence of companies.
  • Silicon Carbide Fibers Market Share Competitor
    Analysis
  • Some of the players operating in the global SiC
    fibers market include UBE Industries, Ngs
    Advanced Fibers, Specialty Materials, COI
    Ceramics, Haydale Technologies, Matech, BJS
    Ceramics, Suzhou Saifei Group, Toshiba, and GE
    Aviation among others.
  • In November 2017, GE Aviation, one of the top
    aircraft engine suppliers, announced to set up
    Americas first center for mass-production of
    silicon carbide (SiC) materials in Huntsville,
    AL.
  • The report segments the Silicon Carbide Fibers
    market on the basis of By Form
  • Continuous
  • Woven Cloth

4
  • GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • By End Use Industry
  • Aerospace Defense
  • Energy Power
  • Industrial
  • Others
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa
  • This article contains text from the Silicon
    Carbide Fibers market Forecast to 2025 report
    prepared by Global Market Estimates. For more
    information or to buy the report, please visit
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