Asia Pacific SiC Fibers Market to 2027 - Regional Analysis and Forecasts By Form (Continuous, Woven Cloth, Others); Usages (Composites, Non-Composites); End-Use Industry (Aerospace and Defense, Energy and Power, Industrial, Others)

Asia Pacific SiC Fibers Market to 2027 - Regional Analysis and Forecasts By Form (Continuous, Woven Cloth, Others); Usages (Composites, Non-Composites); End-Use Industry (Aerospace and Defense, Energy and Power, Industrial, Others)

The Asia Pacific SiC fibers market is accounted to US$ 55.6 Mn in 2018 and is expected to grow at a CAGR of 34.9% during the forecast period 2019 - 2027, to account to US$ 854.8 Mn by 2027. Tough, lightweight, and heat resistant silicon carbide (SiC) fibres are indispensable for manufacturing components such as aircraft engine parts. They are employed as light-weight materials in airplane construction and to improve the fuel efficiency of aircrafts. The SiC fiber manufacturers are increasingly investing in the production of low cost fibers to fulfil the rising demands of the end use industry. SiC fibers are used in reformers, nuclear reactors, heat exchangers, reusable rocket nozzles, turbine shrouds, furnace components, and gas turbines for jet engines, among others. The presence of several international aerospace corporations such as Commercial Aircraft Corporation of China, Ltd., Xi'an Aircraft Industrial Corporation, Hindustan Aeronautics Limited, and Kawasaki Aerospace Company in Asia Pacific have spurred the demand for SiC fibers. Capacity expansion of SiC fiber plants, increase in demand for fuel-efficient aircrafts, and increased investments in manufacturing SiC fiber-based CMCs (ceramic matrix composite) for land-based gas turbine engines are some factors that are likely to promote the growth of SiC fibers in Asia Pacific during the forecast period.

SiC fibers are finding novel uses in the nuclear industry. Silicon carbide-based fibers are increasingly being used in various nuclear applications as they are resistant to nuclear radiations. Their ability to withstand high temperatures coupled with lightweight and high tensile strength, has made it an indispensable technical ceramic used in making nuclear reactors. Moreover, these fibers are known to offer resistance to corrosion and oxidation and hence are used in producing radiation blankets, and fuel claddings for the nuclear fission and fusion reactors in the nuclear industry. Its superior chemical properties and stability over very high temperature along with heat resistance and irradiation stability makes them perfect for use and has been considered as an attractive option for advanced nuclear energy systems. Companies are looking forward to new improvements such as reinforcing SiC fibers and its composites in the process called NITE (Nano-powder Infiltration and Transient Eutectoid (NITE)). Further, the growing use of the SiC fibers in nuclear power plants for producing channel boxes and fuel cladding is fuelling the growth of the SiC fibers market.

With the rise in industrialization and expansion of aerospace, power generation, industrial, and chemical industry across Asia Pacific, the demand for silicon carbide fiber is increasing. Although, the growth of the silicon carbide fiber is largely affected by the high cost of raw material and technology challenges. To meet out the restraint of the market, manufacturers are looking forward to a better and improved form of silicon carbide fiber. Silicon carbide fiber is popularly available in two forms: beta and alpha. The beta form of silicon carbide fiber was developed in 1990 and was made commercially available at high prices. However, they are increasingly replaced by the new alpha forms of SiC fibers. They are known for their chemical, mechanical, and thermal properties along with attractive degradation-resistant and high-temperature reinforcing ceramic, which makes them an ideal material to be used in energy, transportation, aerospace, defense, industrial and nuclear applications. They are used in products such as armor, rockets, high-temperature semiconductors, abrasives, wear components, turbine engines plus metal and ceramic matrix composites. The demand for alpha-SiC fibers ceramic material is rising in comparison to ╬▓beta-SiC fibers as they offer high tensile strength and durability, lightweight, higher thermal conductivity, better resistance to corrosion, and oxidation amongst others.

Asia Pacific SiC fibers market is segmented on the basis of country as Japan, China, and Rest of Asia Pacific. Japan holds a significantly large share of the Asia Pacific SiC fibers market in 2018. Japan has presence of some world leading SiC fiber manufacturing companies such as Nippon Carbon Co. Ltd., Ube Industries,Ltd., and NGS Advanced Fibers Co., Ltd. which are major exporter of SiC fibers to the markets in Europe, and North America. Nuclear power plants in Japan generate significant electric energy. Silicon carbide fibers are used in the construction of nuclear reactors as they are resistant to radiations. The nuclear power industry generates significant demand for SiC fibers. Japan is a highly industrialized nation and has large presence of manufacturing plants and facilities which depend on SiC fibers and other technical ceramics.

Some of the players present in Asia Pacific SiC fibers market are American Elements, General Electric Company, Haydale Technologies Inc., NGS Advanced Fibers Co., Ltd., Suzhou Saifei Group Co., Ltd, Ube Industries, Ltd, Ceramdis GmbH, Nippon Carbon Co Ltd., Hongwu International Group Ltd, and SNAM Group of Companies

The overall Asia Pacific SiC fibers market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia Pacific SiC fibers market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific SiC fibers market.

Reasons to buy

Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific SiC fibers market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.


1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific SiC Fibers Market - By Form
1.3.2 Asia Pacific SiC Fibers Market - By Usage
1.3.3 Asia Pacific SiC Fibers Market - By End-Use Industry
1.3.4 Asia Pacific SiC Fibers Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SiC Fibers Market Landscape
4.1 Market Overview
4.1.1 PEST Analysis: APAC SiC Fibers Market
5. SiC Fibers Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Demand from Various End-Use Industries
5.1.2 Higher Temperature Stability in Comparison to Substitutes
5.2 Key Market Restraints
5.2.1 High Cost Associated With SiC Fibers
5.3 Key Market Opportunities
5.3.1 Growing Demand of SiC Fibers from Nuclear Industry
5.4 Future Trends
5.4.1 Rising Application of Cost Efficient Alpha Silicon Carbide Fiber
5.5 Impact Analysis of Drivers and Restraints
6. SiC Fibers - Asia Pacific Market Analysis
6.1 Asia Pacific SiC Fibers Market Overview
6.2 Asia Pacific SiC Fibers Market Forecast and Analysis
7. Asia Pacific SiC Fibers Market Analysis - By Form
7.1 Overview
7.2 Asia Pacific SiC Fibers Market Breakdown, By Form, 2018 & 2027
7.3 Continuous
7.3.1 Overview
7.3.2 Asia Pacific Continuous SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
7.4 Woven Cloth
7.4.1 Overview
7.4.2 Asia Pacific Woven Cloth SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Asia Pacific Others Market Revenue Forecasts To 2027 (US$ Mn)
8. Asia Pacific SiC Fibers Market Analysis - By Usage
8.1 Overview
8.2 Asia Pacific SiC Fibers Market Breakdown, By Usage, 2018 & 2027
8.3 Composites
8.3.1 Overview
8.3.2 Asia Pacific Composites SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
8.4 Non-Composites
8.4.1 Overview
8.4.2 Asia Pacific Non-Composites SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
9. Asia Pacific SiC Fibers Market Analysis - By End-Use Industry
9.1 Overview
9.2 Asia Pacific SiC Fibers Market Breakdown, By End-Use Industry, 2018 & 2027
9.3 Aerospace and Defense
9.3.1 Overview
9.3.2 Asia Pacific Aerospace and Defense Market Revenue Forecasts To 2027 (US$ Mn)
9.4 Energy and Power
9.4.1 Overview
9.4.2 Asia Pacific Energy and Power Market Revenue Forecasts To 2027 (US$ Mn)
9.5 Industrial
9.5.1 Overview
9.5.2 Asia Pacific Industrial Market Revenue Forecasts To 2027 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Asia Pacific Others Market Revenue Forecasts To 2027 (US$ Mn)
10. SiC Fibers Market - Country Analysis
10.1 Overview
10.1.1 Asia Pacific SiC Fibers Market Breakdown, by Country
10.1.1.1 Japan SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
10.1.1.1.1 Japan SiC Fibers Market Breakdown By Form
10.1.1.1.2 Japan SiC Fibers Market Breakdown by Usage
10.1.1.1.3 Japan SiC Fibers Market Breakdown By End-Use Industry
10.1.1.2 China SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.2.1 China SiC Fibers Market Breakdown by Form
10.1.1.2.2 China SiC Fibers Market Breakdown by Usage
10.1.1.2.3 China SiC Fibers Market Breakdown by End Use Industry
10.1.1.3 Rest of APAC SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.3.1 Rest of Asia Pacific SiC Fibers Market Breakdown by Form
10.1.1.3.2 Rest of Asia Pacific SiC Fibers Market Breakdown by Usage
10.1.1.3.3 Rest of Asia Pacific SiC Fibers Market Breakdown by End Use Industry
11. Industry Landscape
11.1 Overview
11.2 Strategy And Business Planning
11.3 Market Initiatives
12. Company Profiles
12.1 American Elements
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 General Electric Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Haydale Technologies Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 NGS Advanced Fibers Co., Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Ube Industries, Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 Ceramdis GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 Suzhou Saifei Group Co., Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 Nippon Carbon Co Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Hongwu International Group Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.10 SNAM Group
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Asia Pacific SiC Fibers Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Asia Pacific SiC Fibers Market Revenue and Forecasts to 2027 - By Form (US$ Mn)
Table 3. Asia Pacific SiC Fibers Market Revenue and Forecasts to 2027 - By Usage (US$ Mn)
Table 4. Asia Pacific SiC Fibers Market Revenue and Forecasts to 2027 - By End-Use Industry (US$ Mn)
Table 5. Japan SiC Fibers Market Revenue And Forecasts To 2027 - By Form (US$ Mn)
Table 6. Japan SiC Fibers Market Revenue and Forecasts to 2027 - By Usage (US$ Mn)
Table 7. Japan SiC Fibers Market Revenue And Forecasts To 2027 - By End-Use Industry (US$ Mn)
Table 8. China SiC Fibers Market Revenue And Forecasts To 2027 - By Form (US$ Mn)
Table 9. China SiC Fibers Market Revenue And Forecasts To 2027 - By Usage (US$ Mn)
Table 10. China SiC Fibers Market Revenue And Forecasts To 2027 - By End Use Industry (US$ Mn)
Table 11. Rest of Asia Pacific SiC Fibers Market Revenue And Forecasts To 2027 - By Form (US$ Mn)
Table 12. Rest of Asia Pacific SiC Fibers Market Revenue And Forecasts To 2027 - By Usage (US$ Mn)
Table 13. Rest of Asia Pacific SiC Fibers Market Revenue And Forecasts To 2027 - By End Use Industry (US$ Mn)
Table 14. Glossary of Terms, Asia Pacific SiC Fibers Market
LIST OF FIGURES
Figure 1. Asia Pacific SiC Fibers Market Segmentations
Figure 2. Asia Pacific SiC Fibers Market Segmentation - By Country
Figure 3. Asia Pacific SiC Fibers Market Overview
Figure 4. Aerospace and Defense Segment Held Largest Share In The Asia Pacific SiC Fibers Market
Figure 1. Japan Dominated The Asia Pacific SiC Fibers Market In 2018
Figure 2. Asia Pacific SiC Fibers Market, Industry Landscape
Figure 3. PEST Analysis for APAC SiC Fibers Market
Figure 4. SiC Fibers Market Impact Analysis Of Driver And Restraints
Figure 5. Asia Pacific SiC Fibers Market Forecast And Analysis, (US$ Mn)
Figure 6. Asia Pacific SiC Fibers Market Breakdown by Form, 2018 & 2027 (%)
Figure 7. Asia Pacific Continuous SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
Figure 8. Asia Pacific Woven Cloth SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
Figure 9. Asia Pacific Others Market Revenue Forecasts To 2027 (US$ Mn)
Figure 10. Asia Pacific SiC Fibers Market Breakdown by Usage, 2018 & 2027 (%)
Figure 11. Asia Pacific Composites SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
Figure 12. Asia Pacific Non-Composites SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
Figure 13. Asia Pacific SiC Fibers Market Breakdown by End-Use Industry, 2018 & 2027 (%)
Figure 14. Asia Pacific Aerospace and Defense Market Revenue Forecasts To 2027 (US$ Mn)
Figure 15. Asia Pacific Energy and Power Market Revenue Forecasts To 2027 (US$ Mn)
Figure 16. Asia Pacific Industrial Market Revenue Forecasts To 2027 (US$ Mn)
Figure 17. Asia Pacific Others Market Revenue Forecasts To 2027 (US$ Mn)
Figure 18. Asia Pacific SiC Fibers Market Breakdown by Country, 2018 & 2027(%)
Figure 19. Japan SiC Fibers Market Forecasts To 2027 (US$ Mn)
Figure 20. China SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 21. Rest of APAC SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)

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