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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Ceramic Matrix Composites Market Price, Industry Outlook & Forecast 2017-2024
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Ceramic Matrix Composites Market size is likely to witness significant gains, expanding at a high CAGR by 2024. Ceramic matrix composites are a subgroup of technical ceramics and composite materials. Properties such as electrical conductivity and high thermal stability have made ceramic matrix composites suitable for numerous thermal and related applications where weight to strength ratio and high efficiency is of utmost importance.Ceramic Matrix Composites Market The soaring prices of the product limit the applications to niche segments. These high prices can be attributed to the high prices of ceramic fibers. The production volumes of alumina and silicon carbide are small as compared to carbon fibers, and only a few major players in North America and Europe lead the ceramic matrix composites market. The product has been proved successful in overcoming the prominent disadvantages of conventional ceramics such as brittle failure and low thermal shock resistance & fracture toughness. Global Market Scenario of Ceramic Matrix Composites Industry
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The overall ceramic matrix composites market, based on product type, can be segmented into carbon, silicon carbide (SiC), oxides and carbon fiber reinforced silicon carbon (C/SiC). Carbon/carbon matrix composites accounted for largest ceramic matrix composites market share in 2016. The use of carbon/carbon matrix composites for braking system in automobile and aerospace industry due to its elevated temperature & friction resistant properties and low weight, has propelled the product demand in recent years. Reasons to Buy This Report: 1. Ceramic Matrix Composites Market size & share forecast by product & application, 2017-2024 2. Growth drivers, pitfalls & industry challenges 3. Key Ceramic Matrix Composites Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles SiC matrix composites are developed commercially, and properties such as high oxidation resistance compared to carbon matrix composites have made the product segment desirable for aerospace applications. The superior characteristics of oxide matrix composites such as toughness, no oxidation at elevated temperatures along with cost effective production process will raise the product demand in aerospace & defense and automobile industry over the forecast timespan. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com For Customization as per your requirement please click@ https://www.gminsights.com/roc/1624 Research Methodology
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com North America led the ceramic matrix composites market share in 2016 and is anticipated to witness fast pace by 2024. The regional ceramic matrix composites market size growth can be attributed to the developing aerospace and defense industry along with strict regulations stressing the use of fuel efficient and light weight products. Asia Pacific shall be the fastest growing region for the ceramic matrix composites market over the forecast timespan. China and India are two important countries which have increased their spending on defense and aerospace sector in the recent times. This amplified expenditure is expected to fuel the ceramic matrix composites market size growth in the coming years. Regional Insights Request table of contents of this research report@ https://www.gminsights.com/request-toc/upcoming/1624
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Inquire for Buying this report@ https://www.gminsights.com/inquiry-before-buying/1624 The prominent players operating in the industry are: SGL group, General Electric Company, CeramTec International, Applied Thin Films Inc., 3M Company, COI Ceramics Inc. and Rolls-Royce PLC. Other companies include Ultramet Inc., Starfire Systems Inc., United Technologies and Ube Industries Limited. Competitive Insights
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Ceramic Matrix Composites Market@ https://www.gminsights.com/industry-analysis/ceramic-matrix-composites-market Request Table of Contents of this report@ https://www.gminsights.com/request-toc/upcoming/1624 For Customization in this report click@ https://www.gminsights.com/roc/1624
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