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SiC Fibers Market by Form (Continuous, Woven Cloth), Usage (Composites, Non-Composites), End-use Industry (Aerospace & Defense, Energy & Power, Industrial), and Region - Global Forecast to 2022<br>
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SiC Fibers Market by Form (Continuous, Woven Cloth), Usage (Composites, Non-Composites), End-use Industry (Aerospace & Defense, Energy & Power, Industrial), and Region - Global Forecast to 2022 Speak To Analyst
SiC Fibers Marketsize is projected to grow from USD 230.5 Million in 2016 to USD 1,113.3 Million by 2022, at a CAGR of 35.9% between 2017 and 2022. The use of SiC fibers is becoming crucial owing to the high strength, low weight, and ability to survive at high temperatures in aircraft and land based gas turbine engines. Manufacturers of SiC fibers are undertaking capacity expansions to cater to the increasing demand for SIC fibers from LEAP engines and secure their positions in the SiC fibers market.
The SiC fibers market has a diversified and established ecosystem of upstream players, such as raw material suppliers and downstream stakeholders, which include SiC fibers manufacturers, SiC fibers vendors, end users, and government organizations. Since 2000, most of the leading players in the SiC fibers market have adopted backward integration to strengthen their positions in the market. Ube Industries (Japan), NGS Advanced Fiber (Japan), Suzhou Saifei Group, (China), Haydale Technologies (US), Matech (US), Specialty Materials, (US), and COI Ceramics (US), GE Aviation (US), and BJS Ceramics (Germany) are the key players. REQUEST BUNDLE REPORTS
Target Audience • Manufacturers of SiC Fibers • Raw Material Suppliers • Distributors & Suppliers of SiC Fibers • Industry Associations • Investment Research Firms SiC Fibers Market, By End-use Industry: • Aerospace & Defense • Energy & Power • Industrial • Others
Some of the key players in the global SiC fiber market are Ube Industries (Japan), NGS Advanced Fiber (Japan), Suzhou Saifei Group (China), Haydale Technologies (US), Matech (US), Specialty Materials (US), and COI Ceramics (US). GE Aviation (US) and BJS Ceramics (Germany) are planning to begin the large-scale SiC fiber production in 2019. Expansions and new technology developments are the key strategies adopted by major players for the growth of their business revenues. Download PDF Brochure
The global SiC fibers market size is expected to rise significantly during the forecast period, in terms of value and volume. However, a few factors act as restraints in the growth of the SiC fibers market. High cost of SiC fibers is the major restraint for the growth of the SiC fibers market. GET 10% FREE CUSTOMIZATION ON THIS REPORT !!!
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