SiC Fibers Market - Trends Forecast Till 2028

Market Overview

Global SiC Fibers market is anticipated to reach USD 391.7 million in 2021 growing at a CAGR of 28.2% during the forecasting period, 2021-2028.

Silicon Carbide (SiC) fibers are made of silicon carbide and have a size which range between 5 – 150 micrometre. They have low weight and have higher tensile strength and chemical resistance. They are able to withstand higher temperature. It can be manufactured using various processes like Yajima process, using gas phase chemical vapour deposition, Laser driven CVD being the latest one.

Due to a surge in production of LEAP engine along with an increased demand for fuel efficient aircraft are some of the factors that have supported long-term expansion for SiC Fibers industry.

Key Findings

Global SiC Fibers market is segmented into Type, Form, Phase, End-Use Industry and geography.

Type segment is segmented into First, Second, and Third Generation

Form segment is segmented into Continuous, Woven, Others

End-User segment is segmented into Amorphous, Crystalline, Usage (Composites, Non-Composites)

Geographically, global SiC Fibers market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in global SiC Fibers market are Ube Industries, Ltd. (Japan), NGS Advanced Fiber Co. Ltd. (Japan), Suzhou Saifei Group Co., Ltd. (China), Haydale Technologies Inc. (US), MATECH (US), Specialty Materials, Inc. (US), and COI Ceramics, Inc. (US). GE Aviation (US), Ningbo Zhongxing New Materials Co.Ltd. (China), and BJS Ceramics GmbH (Germany) among others.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for SiC Fibers market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope