[English Market Research Report] Global Market for Ceramic Matrix Composites
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The global market size for ceramic matrix composites was valued at 4.1 billion USD in 2022 and is expected to grow from 4.62 billion USD in 2023 to 12.03 billion USD by 2031, with a projected CAGR of 12.7% during the forecast period (2024-2031). Ceramic matrix composites (CMCs) are anticipated to experience significant growth in the global market due to their high strength, lightweight nature, and stability at high temperatures. The CMC market is likely to be driven by these advantages. However, the high cost of CMCs is hindering market growth, as ceramic fibers are used in most metal and polymer composites, and their production numbers are lower compared to carbon fibers, which have lower manufacturing costs due to mass production. CMCs are utilized in many industries, including electronics, thermal management, and high-end sports equipment, for performance enhancement, improved comfort, and the construction of robust structures.
- Company:グローバルインフォメーション
- Price:500,000 yen-1 million yen