Analysts forecast the ceramic matrix composites market in the US to grow at a CAGR of 11.45% over the period 2014-2019

About Ceramic Matrix Composites

Ceramic matrix composites are composite materials produced by embedding ceramic matrices with refractory fibers. Because of their superior properties, such as heat and wear resistance, and high strength, these materials have found extensive usage in various applications in mechanical and chemical, aerospace and defense, and energy and environmental sectors. Although the potential market for these composites is high, their application and sales are limited to the aforementioned sectors only. However, due to extensive research being carrried out to develop and use ceramic matrix composites as replacements for metal alloys in 'hot-zone' structures, and as thermal interface materials in electronic equipment, their applications are expected to increase over the coming years.

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The ceramic matrix composites market in the US is expected to grow at a rapid pace because of increased demand from the aviation industry. Ceramic matrix composites are used in applications that require materials that can withstand high temperatures and excessive wear. They are also being tested for potential use in various commercial and industrial applications. The US was the leading country in terms of global demand in 2014.

Technavio's analysts forecast the ceramic matrix composites market in the US to grow at a CAGR of 11.45% over the period 2014-2019.

Covered in this Report

The ceramic matrix composites market in the US can be divided on the basis of application into the following segments: mechanical and chemical, energy and environmental, aerospace and defense, and others.

Technavio's report, Ceramic Matrix Composites Market in US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the ceramic matrix composites market in the US and its growth prospects over the coming years. The report also includes a discussion on the key vendors operating in this market.

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Key Vendors

• 3M

• Ceradyne

• COI Ceramics

• GE

• Ube Industries

Other Prominent Vendors

• Albany International Techniweave

• CeramTec International

• Composite Factory

• CoorsTek

• Hexcel

• Hitco

• Honeywell Advanced Fibers and Composites

• Hyper-Therm

• International Ceramic Engineering

• Kyocera

• Materion

• Momentive

• Murata Manufacturing

• Northrop Grumman

• Rauschert Kloster Veilsdorf

• Samsung Electro-Mechanics

• Synterials

• Taiyo Yuden

• TDK

• Technology Assessment & Transfer

• Textron

• Ultramet

• United Technologies

• Vesuvius

• Vishay Intertechnology

• ZIRCAR Refractory Composites

Key Market Driver

• Growing Number of Applications in Aviation Industry

• For a full, detailed list, view our report

Key Market Challenge

• Dearth of Global Demand

• For a full, detailed list, view our report

Key Market Trend

• Leap Program

• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

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