Global Aerospace Ceramics Market 2022-2028
Ceramics are increasingly being used in commercial and military aircraft, and have been used in space shuttles for many years. Ceramic materials are generally lighter than metals, and this low mass makes them highly appealing to the aerospace industry. Projected to expand at a CAGR of 9.9% from 2022 to 2028, the global aerospace ceramics market will worth USD 8,560 million by 2028-end, according to Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global aerospace ceramics market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the aerospace ceramics industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the composition, product, segment, and region. The global market for aerospace ceramics can be segmented by composition: composites, non-oxide ceramics, oxide ceramics. The composites segment captured the largest share of the market in 2021. Aerospace ceramics market is further segmented by product: electrical ceramics, structural ceramics, thermal ceramics. Based on segment, the aerospace ceramics market is segmented into: commercial aerospace, defense, others. In 2021, the commercial aerospace segment made up the largest share of revenue generated by the aerospace ceramics market. On the basis of region, the aerospace ceramics market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW). Among these, North America was accounted for the highest revenue generator in 2021.
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