Market Research Logo

Ceramic Matrix Composites Market in the US 2015-2019

Ceramic Matrix Composites Market in the US 2015-2019

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.

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.

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?


Press Release

Technavio Announces the Publication of its Research Report – Ceramic Matrix Composites Market in the US 2015-2019

Technavio recognizes the following companies as the key players in the Ceramic Matrix Composites Market in the US: 3M, Ceradyne, COI Ceramics, GE and Ube Industries

Other Prominent Vendors in the market are: 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 and ZIRCAR Refractory Composites

Commenting on the report, an analyst from Technavio’s team said: “One of the most promising developments in the market is the Leap program by GE, which is part of the company's plans to improve the fuel efficiency and reduce the noise and emissions of its aircraft engines. The program includes manufacture and supply of ceramic matrix composites-based jet engines by GE Aviation, a subsidiary of GE. GE has already started constructing a 170,000-square-foot plant alongside its existing plant in the Sweeten Creek Industrial Park in Asheville, North Carolina, US, for the production of ceramic matrix composites-based Leap engines. The Leap program is expected to be the major driving force for the growth of the market during the forecast period with GE Aviation's backlog of $161 billion in orders for jet engine parts.”

According to the report, ceramic matrix composites have found increased use in aircraft engines in recent years because of their superior strength and wear-resistance. Ceramic matrix composites, owing to their high temperature-resistance and light weight, are increasingly being preferred over their metal- and alloy-based counterparts in the manufacture of high pressure turbines. This helps reduce fuel burn and emissions along with increasing the overall energy efficiency of the engine. GE is the leading player in the use of ceramic matrix composites for the manufacture of aircraft engine parts. With the company already in receipt of orders for ceramic matrix composite-based engine parts from aviation industry giants, including Airbus and Boeing, the demand from this industry is expected to grow significantly in the near future.

Further, the report states that the lack of demand for ceramic matrix composites from this region is making it difficult for US-based composite manufacturers to expand their business in the region and increase their profitability.

Companies Mentioned

3M, Ceradyne, COI Ceramics, GE, Ube Industries, 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

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Table Segmentation of Ceramic Matrix Composites Market in US 2014
  • US Economic Outlook
  • Ceramic Matrix Composites Market in US
    • Market Size and Forecast
      • Table Global Ceramic Matrix Composites Market 2014-2019 ($ millions)
    • Five Forces Analysis
  • Market Segmentation by Application
    • Table Market Segmentation by Application 2014 and 2019
    • Table Market Segmentation by Application 2014-2019 ($ millions)
    • Ceramic Matrix Composites Market in US in Mechanical and Chemical Sector
      • Market Size and Forecast
        • Table Ceramic Matrix Composites Market in US in Mechanical and Chemical Sector 2014-2019 ($ millions)
    • Ceramic Matrix Composites Market in US in Energy and Environment Sector
      • Market Size and Forecast
        • Table Ceramic Matrix Composites Market in US in Energy and Environment Sector 2014-2019 ($ millions)
    • Ceramic Matrix Composites Market in US in Aerospace and Defense Sector
      • Market Size and Forecast
        • Table Ceramic Matrix Composites Market in US in Aerospace and Defense Sector 2014-2019 ($ millions)
      • The Americas: Aviation Industry Outlook
    • Ceramic Matrix Composites Market in US in Other Sectors
      • Market Size and Forecast
        • Table Ceramic Matrix Composites Market in US in Other Sectors 2014-2019 ($ millions)
  • Market Segmentation by Product
    • Table Segmentation of Ceramic Matrix Composites Market in US by Product Type
    • Table Ceramic Matrix Composites Product Type
    • Table Ceramic Matrix Composites: Material Properties by Product
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and Their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and Their Impact
  • Vendor Landscape
    • Competitive scenario
    • Major Vendors Analysis
      • Table Ceramic Matrix Composites Market in US: Major Vendors 2014
    • Other Prominent Vendors
  • Key Vendor Analysis
    • 3M
      • Key Facts
      • Business Overview
      • Business Segmentation by Net Sales 2014
        • Table 3M: Business Segmentation by Net Sales 2014
      • Business Segmentation by Net Sales 2013 and 2014
        • Table 3M: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Geographical Segmentation by Net Sales 2014
        • Table 3M: Geographical Segmentation by Net Sales 2014
      • Recent Developments
      • SWOT Analysis
    • Ceradyne
      • Key Facts
      • Business Overview
      • Business Segmentation 2014
        • Table Ceradyne: Business Segmentation 2014
      • Recent Developments
      • SWOT Analysis
    • COI Ceramics
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table COI Ceramics: Product Segmentation 2013
      • Business Strategy
      • SWOT Analysis
    • GE
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table General Electric: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table General Electric: Business Segmentation by Revenue 2013 and 2014 ($billion)
      • Geographical Segmentation by Revenue 2014
        • Table General Electric: Geographical Segmentation by Revenue 2014
      • Business strategy
      • Recent Developments
      • SWOT Analysis
    • Ube Industries
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Ube Industries: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Ube Industries: Business Segmentation by Revenue 2012 and 2013 ($ billions)
      • Sales by Geography 2013
        • Table Ube Industries: Sales by Geography 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report