SiC Fibers Market Worth 1,113.3 Million USD by 2022

SiC Fibers Market Worth 1,113.3 Million USD by 2022

PR Newswire

PUNE, India, December 5, 2017

PUNE, India, December 5, 2017 /PRNewswire/ --

The report "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" published by MarketsandMarkets™, the market is projected to reach USD 1,113.3 Million by 2022 from USD 240.0 Million in 2017, at a CAGR of 35.9% from 2017 to 2022. The major factors fueling the growth of the SiC fibers market across the globe are the increasing use of SiC fibers in commercial and military aircraft engines.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 72 market data Tables and 33 Figures spread through 101 Pages and in-depth TOC on "SiC Fibers Market"

https://www.marketsandmarkets.com/Market-Reports/sic-fiber-market-171928034.html
Early buyers will receive 10% customization on this report

Increasing use of SiC fibers in commercial aircraft engines is expected to drive the growth of the SiC fibers market from 2017 to 2022 

SiC fiber based CMCs are the preferred materials for high-temperature applications in aerospace engines due to their properties such as high strength; excellent creep, oxidation, and corrosion resistance; and low density. SiC fibers also have excellent high-temperature oxidation and creep resistance up to 2,732°F. Therefore, these fibers witness high demand from CMC and aircraft engine manufacturers for engine components such as shrouds and combustor liners. These are also used for vanes, exhaust nozzles, Thermal Protection Systems (TPS), thruster nozzles, reusable rocket nozzles, and turbopump components for space vehicles.

Get PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=171928034

Among various forms, the continuous is projected to lead the SiC fibers market during the forecast period in terms of both, volume and value 

The continuous form of SiC fibers accounted for over 55.54% of the global SiC Fiber Market. There is an increasing demand for the continuous form of SiC fibers from composites manufacturers. These fibers are preferred for aircraft engines owing to their low weight, high strength, and ability to survive at very high temperatures without being oxidized. As the demand for SiC fiber based composites is increasing across the globe, several companies are investing in establishing and expanding production capacities of their SiC fiber manufacturing plants.

North America is the largest market for SiC fibers across the globe. 

North America is the largest consumer of SiC fibers across the globe. In addition, the North American SiC fibers market is projected to grow at the highest CAGR in terms of both, value and volume during the forecast period from 2017 to 2022. The increasing use of SiC fibers in commercial and military aircraft engines is a major factor driving the growth of the SiC fibers market in North America. Moreover, the presence of major aircraft engine manufacturers and mass production of SiC fibers planned by GE Aviation (US) is expected to drive the growth of the North American SiC fibers market.

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 large-scale SiC fiber production in 2019. Expansions and new technology developments are the key strategies adopted by the major players for growth of their business revenues.

Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=171928034

Browse Related Reports 

Aerospace Composites Market by Fiber Type (Carbon, Glass, Ceramic), Resin Type (Epoxy, Phenolic, Polyester, Polyimides, Thermoplastics, Ceramic and Metal Matrix), Aircraft Type, Manufacturing Process, Application, Region - Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.html

Composites Market by Fiber Type (Glass, Carbon), Resin Type (Thermoset, Thermoplastic), Manufacturing Process (Layup, Filament Winding, Pultrusion), Application (Transportation, Aerospace & Defense, Wind Energy), Region - Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/composite-market-200051282.html


Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Voltar noticias em Inglês