[English Market Research Report] Global Market for Ceramic Matrix Composites
Product ID: 1458152 Publisher: SkyQuest
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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.
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Publication Date: March 23, 2024 Publisher: SkyQuest Page Information: English 184 Pages Table of Contents Executive Summary Research Methodology Analysis of the Parent Market Key Market Insights Market Dynamics and Outlook Global Market for Ceramic Matrix Composites: By Material Global Market for Ceramic Matrix Composites: By End-User Global Market Size for Ceramic Matrix Composites: By Region Competitive Landscape Key Company Profiles *The table of contents and prices for this report are as of the time of publication. Please contact us for the latest information.*
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