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The global Ceramic matrix composites market is expected to reach USD 7.02 Billion by 2026, according to a new report by Reports and Data.
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Ceramic Matrix Composites Market Size, Growth rate, and Industry Analysis to 2027 www.reportsanddata.com
Market Summary The global Ceramic matrix composites market is expected to reach USD 7.02 Billion by 2026, according to a new report by Reports and Data. This can be mainly contributed by the rising demand in defense, aerospace and automotive industries, technological innovations and advancements in the market. It is also driven by increasing investments in R&D, availability of better substitutes for metal components and conventional alloys, reduction in cost of finished goods, due to energy-efficiency of CMCs and features such as high resistance to wear and corrosion in harsh environments and in wide range of temperatures. Ceramic matrix composites overcome the major demerits of monolithic ceramics, such as brittle failure, low fracture toughness, and limited thermal shock resistance. Therefore, these materials are used in processes requiring high temperature and excellent wear and corrosion resistance Read More @ https://www.reportsanddata.com/report-detail/ceramic-matrix-composites-market
Market Summary Key players include Rolls-Royce PLC., General Electric Company, SGL Group, COI Ceramics Inc., Ceramtec, Lancer Systems, United Technologies, Applied Thin Films, Inc., Coorstek Inc., Composites Horizons, Ultramet, Graftech International Ltd. (Fiber Materials Inc.), Starfire Systems Inc., and Pyromeral Systems, among others Reinforcement type Outlook (Volume, Kilo tons; 2018-2026, Revenue, USD Billion; 2018-2026) Continuous or long fibers, Discontinuous or short fibers Industry vertical Outlook (Volume, Kilo tons; 2018-2026, Revenue, USD Billion; 2018-2026) Automotive, Aerospace, Defense, Energy and Power, Electrical and Electronic Products, Others
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com