Ceramic matrix composites are basically a subgroup of composite materials which consist of ceramic fibers embedded in a ceramic matrix. These composites are primarily developed in order to overcome the drawback of conventional composites that are less resistant to fracture failure. Carbon fibers are used to form the ceramic matrix. Improved strength under fracture loading is one of the major advantages that ceramic matrix composites offer.
Ceramic Matrix Composites Market Segmentation |
|
By Matrix Type | 1. Oxide/Oxide |
2. C/SiC | |
3. C/C | |
4. Others | |
By End Use | 1. Automotive |
2. Aerospace | |
3. Energy | |
4. Others | |
By Region | 1. North America (US and Canada) |
2. Europe (UK, Germany, France and Rest of Europe) | |
3. Asia Pacific (China, Japan, India and Rest of Asia Pacific) | |
4. Latin America (Brazil, Mexico and Rest of Latin America) | |
5. Middle East & Africa (GCC and Rest of Middle East & Africa) | |
The growth of the ceramic matrix composites market is primarily driven by the rapid growth in technology development and utilization of advanced materials in automobiles. Moreover, growing industry competition is pushing manufacturers to focus on weight reduction without compromising on component strength. Additionally, the growing emphasis on developing military vehicles and space shuttle components is fuelling the growth of this industry. However, high cost compared to conventional engineering materials is one of the restraining factors which may hamper the growth of the global ceramic matrix composites market.
The oxide/oxide ceramic matrix composites matrix type is poised to dominate the market throughout the forecast period
Based on matrix type, the ceramic matrix composites market has been segmented into an oxide/oxide ceramic matrix composites, C/SIC ceramic matrix composites, C/C ceramic matrix composites, and SIC/SIC ceramic matrix composites. The oxide/oxide ceramic matrix composites segment accounted for approximately 32% of the share in the global ceramic matrix composites market in 2018.
While C/SiC Ceramic Matrix Composites segment accounted highest CAGR of around 11.4% in the global ceramic matrix composites market during the forecast period owing to demand from aerospace and automobile industries.
Based on end-use industry, the automotive segment is expected to dominate during 2019 to 2026
Based on end-use industry, the market has been segmented into aerospace & defense, automotive, energy & power, industrial and others. The automotive segment accounts of the largest share in the market and held for more than 26% of the total market in 2018. The major factors that are driving the growth of this segment are the growing number of new players and start-ups which offer cost-efficient solutions.
Key players are investing a substantial amount of resources in order to develop efficient gas turbine engines is fuelling the demand for ceramic matrix composites market.
Regionally, North America to dominate the ceramic matrix composites market throughout the forecast period
North America region accounted for nearly 37% share of the global ceramic matrix composites market in 2018 and is expected to dominate the market throughout the forecast period. The rapid growth in the aerospace & defense sector is the major driving factor for the region in the global market.
Asia Pacific region is expected to hold the highest CAGR in the global market during the forecast period. Manufacturers are investing in the Asia Pacific region countries to meet the growing demand of end-use industries.
Company Profiles and Competitive Intelligence:
The major players operating in the global ceramic matrix composites market are General Electric Company (US), Rolls-Royce (UK), SGL Carbon (Germany), United Technologies (US), COI Ceramics (US), Lancer Systems (US), CoorsTek (US), Applied Thin Films (US), Ultramet (US), and CFC Carbon (China) among others.
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TABLE OF CONTENT
Chapter 1 Executive Summary
1.1. Market Summary
1.1.1. Global Ceramic Matrix Composites Market, 2016-2026, (KT) (USD Million)
1.2. Market Snapshot: Global Ceramic Matrix Composites Market
1.3. Market Dynamics
1.4. Global Ceramic Matrix Composites Market, by Segment, 2018
1.4.1. Global Ceramic Matrix Composites Market, by Matrix Type, 2018, (KT) (USD Million)
1.4.2. Global Ceramic Matrix Composites Market, by End-Use Industry, 2018, (KT) (USD Million)
1.4.3. Global Ceramic Matrix Composites Market, by Region, 2018 (KT) (USD Million)
1.5. Premium Insights
1.5.1. Ceramic Matrix Composites Market In Developed Vs. Developing Economies, 2018 vs 2026
1.5.2. Global Ceramic Matrix Composites Market: Regional Life Cycle Analysis
Chapter 2 Market Dynamics
2.1. Market Overview
2.2. Market Drivers
2.2.1. Demand for Lightweight Vehicles
2.2.2. Growth of Aerospace & Defense Industry
2.3. Market Restraints
2.3.1. High Cost
2.3.2. Lack of Product Standardization
2.4. Market Opportunities
2.4.1. Demand for 3D Printing of Ceramic Matrix Composites
2.4.2. Standardized Production Process for Ceramic Matrix Composites
2.5. Industry Value Chain Analysis
2.6. Pricing Analysis
2.7. Porter’s Five Forces Analysis
Chapter 3 Global Ceramic Matrix Composites Market, by Matrix Type
3.1. Market Overview, by Matrix Type
3.1.1. Global Ceramic Matrix Composites Market, by Matrix Type, 2016-2026 (KT) (USD Million)
3.1.2. Incremental Opportunity, by Matrix Type, 2018
3.2. Oxide/Oxide
3.2.1. Global Ceramic Matrix Composites Market, by Oxide/Oxide, 2016-2026, (KT) (USD Million)
3.3. C/SiC
3.3.1. Global Ceramic Matrix Composites Market, by C/SiC, 2016-2026, (KT) (USD Million)
3.4. C/C
3.4.1. Global Ceramic Matrix Composites Market, by C/C, 2016-2026, (KT) (USD Million)
3.5. Others
3.5.1. Global Ceramic Matrix Composites Market, by Others, 2016-2026, (KT) (USD Million)
Chapter 4 Global Ceramic Matrix Composites Market, by End-Use Industry
4.1. Market Overview, by End-Use Industry
4.1.1. Global Ceramic Matrix Composites Market, by End-Use Industry, 2016-2026 (KT) (USD Million)
4.1.2. Incremental Opportunity, by End-Use Industry, 2018
4.2. Automotive
4.2.1. Global Ceramic Matrix Composites Market, by Automotive, 2016-2026, (KT) (USD Million)
4.3. Aerospace
4.3.1. Global Ceramic Matrix Composites Market, by Aerospace, 2016-2026, (KT) (USD Million)
4.4. Energy
4.4.1. Global Ceramic Matrix Composites Market, by Energy, 2016-2026, (KT) (USD Million)
4.5. Others
4.5.1. Global Ceramic Matrix Composites Market, by Others, 2016-2026, (KT) (USD Million)
Chapter 5 Global Ceramic Matrix Composites Market, by Region
5.1. Market Overview, by Region
5.1.1. Global Ceramic Matrix Composites Market, by Region, 2016-2026, (KT) (USD Million)
5.2. Attractive Investment Opportunity, by Region, 2018
5.3. North America Ceramic Matrix Composites Market
5.3.1. North America Ceramic Matrix Composites Market, by Matrix Type, 2016-2026 (KT) (USD Million)
5.3.2. North America Ceramic Matrix Composites Market, by End-Use Industry, 2016-2026 (KT) (USD Million)
5.3.3. United States Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.3.4. Canada Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.4. Europe Ceramic Matrix Composites Market
5.4.1. Europe Ceramic Matrix Composites Market, by Matrix Type, 2016-2026 (KT) (USD Million)
5.4.2. Europe Ceramic Matrix Composites Market, by End-Use Industry, 2016-2026 (KT) (USD Million)
5.4.3. United Kingdom Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.4.4. Germany Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.4.5. France Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.4.6. Rest of Europe Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.5. Asia Pacific Ceramic Matrix Composites Market
5.5.1. Asia Pacific Ceramic Matrix Composites Market, by Matrix Type, 2016-2026 (KT) (USD Million)
5.5.2. Asia Pacific Ceramic Matrix Composites Market, by End-Use Industry, 2016-2026 (KT) (USD Million)
5.5.3. China Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.5.4. Japan Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.5.5. India Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.5.6. Rest of Asia Pacific Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.6. Latin America Ceramic Matrix Composites Market
5.6.1. Latin America Ceramic Matrix Composites Market, by Matrix Type, 2016-2026 (KT) (USD Million)
5.6.2. Latin America Ceramic Matrix Composites Market, by End-Use Industry, 2016-2026 (KT) (USD Million)
5.6.3. Brazil Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.6.4. Mexico Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.6.5. Rest of Latin America Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.7. Middle East & Africa Ceramic Matrix Composites Market
5.7.1. Middle East & Africa Ceramic Matrix Composites Market, by Matrix Type, 2016-2026 (KT) (USD Million)
5.7.2. Middle East & Africa Ceramic Matrix Composites Market, by End-Use Industry, 2016-2026 (KT) (USD Million)
5.7.3. GCC Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
5.7.4. Rest of Middle East & Africa Ceramic Matrix Composites Market, 2016-2026 (KT) (USD Million)
Chapter 6 Competitive Intelligence
6.1. Top 5 Players Comparison
6.2. Market Positioning of Key Players, 2018
6.3. Market Players Mapping
6.3.1. By Matrix Type
6.3.2. By End-Use Industry
6.3.3. By Region
6.4. Strategies Adopted by Key Market Players
6.5. Recent Developments in the Market
6.5.1. Mergers & Acquisitions, Partnership, New Product Developments
Chapter 7 Company Profiles
7.1. General Electric
7.1.1. General Electric Overview
7.1.2. General Electric Products Portfolio
7.1.3. General Electric Financial Overview
7.1.4. General Electric News/Recent Developments
7.2. Rolls-Royce
7.2.1. Rolls-Royce Overview
7.2.2. Rolls-Royce Products Portfolio
7.2.3. Rolls-Royce Financial Overview
7.2.4. Rolls-Royce News/Recent Developments
7.3. SGL Carbon
7.3.1. SGL Carbon Overview
7.3.2. SGL Carbon Products Portfolio
7.3.3. SGL Carbon Financial Overview
7.3.4. SGL Carbon News/Recent Developments
7.4. United Technologies
7.4.1. United Technologies Overview
7.4.2. United Technologies Products Portfolio
7.4.3. United Technologies Financial Overview
7.4.4. United Technologies News/Recent Developments
7.5. COI Ceramics
7.5.1. COI Ceramics Overview
7.5.2. COI Ceramics Products Portfolio
7.5.3. COI Ceramics Financial Overview
7.5.4. COI Ceramics News/Recent Developments
7.6. CFC Carbon
7.6.1. CFC Carbon Overview
7.6.2. CFC Carbon Products Portfolio
7.6.3. CFC Carbon Financial Overview
7.6.4. CFC Carbon News/Recent Developments
7.7. Ultramet
7.7.1. Ultramet Overview
7.7.2. Ultramet Products Portfolio
7.7.3. Ultramet Financial Overview
7.7.4. Ultramet News/Recent Developments
7.8. Applied Thin Films
7.8.1. Applied Thin Films Overview
7.8.2. Applied Thin Films Products Portfolio
7.8.3. Applied Thin Films Financial Overview
7.8.4. Applied Thin Films News/Recent Developments
7.9. CoorsTek
7.9.1. CoorsTek Overview
7.9.2. CoorsTek Products Portfolio
7.9.3. CoorsTek Financial Overview
7.9.4. CoorsTek News/Recent Developments
7.10. Lancer Systems
7.10.1. Lancer Systems Overview
7.10.2. Lancer Systems Products Portfolio
7.10.3. Lancer Systems Financial Overview
7.10.4. Lancer Systems News/Recent Developments
Chapter 8 Preface
8.1. Data Triangulation
8.2. Research Methodology
8.2.1. Phase I – Secondary Research
8.2.2. Phase II – Primary Research
8.2.3. Phase III – Expert Panel Review
8.2.4. Approach Adopted
8.2.4.1. Top-Down Approach
8.2.4.2. Bottom-Up Approach
8.2.5. Supply- Demand side
8.2.6. Breakup of the Primary Profiles