Authored By: Sarah
05 Jul 2021

Ceramic Matrix Composites (CMC) Market Size to Grow by $ 1.97 bn through 2021-2025  

Technavio research projects the ceramic matrix composites (CMC) market to grow by $ 1.97 bn, accelerating at a CAGR of almost 9% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


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Ceramic Matrix Composites (CMC) Market: Key Market Driver

One of the primary factors that will trigger the growth of the ceramic matrix composites (CMC) market size is demand for ceramic matrix composites from APAC countries. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Ceramic Matrix Composites (CMC) Market Size to Grow by Nearly $ 2 Billion During 2021-2025  | Top Driver, Trends and Leading Geographies

Ceramic Matrix Composites (CMC) Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Applied Thin Films Inc., CeramTec TopCo GmbH, COI Ceramics Inc., CoorsTek Inc., Lancer Systems LP, Rolls-Royce Plc, SGL Carbon SE, Spirit AeroSystems Holdings Inc., SST Technology, and Starfire Systems Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Ceramic Matrix Composites (CMC) Market Size to Grow by Nearly $ 2 Billion During 2021-2025  | Top Driver, Trends and Leading Geographies

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

Ceramic Matrix Composites (CMC) Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Technavio has been monitoring the ceramic matrix composites (CMC) market and it is expected to grow by $ 1.97 bn, accelerating at a CAGR of almost 9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Ceramic Matrix Composites (CMC) Market: Receive Free Sample Report


Ceramic Matrix Composites (CMC) Market: Key Trends to impact market growth

Growth of aerospace industry is one of the key ceramic matrix composites (CMC) market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Ceramic Matrix Composites (CMC) Market: Top Drivers to Boost Demand

The demand for ceramic matrix composites from APAC countries is one of the primary factors driving the growth of the ceramic matrix composites (CMC) market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Ceramic Matrix Composites (CMC) Market Size to Grow by Nearly $ 2 Billion During 2021-2025  | Top Driver, Trends and Leading Geographies

For more insights on this market: Download a Free Sample Report

Ceramic Matrix Composites (CMC) Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive ceramic matrix composites (CMC) market growth during the next five years
  • Precise estimation of the ceramic matrix composites (CMC) market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ceramic matrix composites (CMC) market industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ceramic matrix composites (CMC) market vendors

Technavio has been monitoring the Global ceramic matrix composites (CMC) market and it is expected to grow by $ 1.97 billion, progressing at a CAGR of almost 9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. 

Are you looking for more insights on this market? Click here for our Free Sample Report

North America to lead market growth during the forecast period

  • 51% of the market growth will originate from North America during the forecast period. The US is one of the key markets for ceramic matrix composites (CMC) in North America. Market growth in this region will be faster than the growth of the market in other regions. The introduction of new military aircraft will facilitate the ceramic matrix composites (CMC) market growth in North America over the forecast period.

  • The growing application of CMC in the production of braking systems and thermal barriers in the aviation industry. The adoption of CMC in the aviation industry is mainly because of its ability to withstand high thermochemical loading and high fracture toughness.
  • Countries such as China, Singapore, India, and Thailand are increasingly adopting fuel-efficient ceramic matrix composite-based aircraft engines. The use of ceramic matrix composite engines helps in improving fuel efficiency, thereby reducing the operational cost of aircraft. 

Ceramic Matrix Composites (CMC) Market Size to Grow by Nearly $ 2 Billion During 2021-2025  | Top Driver, Trends and Leading Geographies

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

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