Ceramic Matrix Composites: Technologies and Global Markets

June 23, 2011

Wellesley, Mass. – In a recent release, CERAMIC MATRIX COMPOSITES: TECHNOLOGIES AND GLOBAL MARKETS (AVM014D) from BCC Research (www.bccresearch.com), the global market value of ceramic matrix composites was $870 million in 2010. That value is projected to reach nearly $1.3 billion in 2015 as it increases at a five-year compound annual growth rate (CAGR) of 8.3%.

The ceramic matrix composites market can be broken down into four segments –mechanical/chemical, energy and environmental, aerospace and defense, and others.

The mechanical/chemical segment was valued at nearly $315 million in 2010, and in 2015 should be worth $466 million, yielding a CAGR of 8.2%.

The energy and environmental segment, worth $277 million in 2010, should rise in 2015 to $394 million at a CAGR of 7.3%.

The segment made up of aerospace and defense was worth $158 million in 2010, and in 2015 is expected to be worth $213 million, a CAGR of 6.1%.

The segment made up of others was worth $120 million in 2010, and in 2015 should be worth $222 million, a CAGR of 13.1%

Ceramic materials are made up of two major types, monolithic and composite. Monolithic composites are brittle, while composites are made with a reinforcing phase that improves the material’s mechanical properties such as thermal shock resistance and toughness.

The ceramic matrix composite global market declined from 2008 to 2009, but rose again in 2010. Having previously experienced healthy growth, the market is expected to experience more moderate growth over the next five years as a result of the recent global economic downturn.

This report will be of interest to all companies concerned with ceramic matrix composites, in particular the ones that manufacture, sell and distribute ceramic matrix composite products. Others interested include raw ceramic material suppliers; process equipment manufactures; and those who fabricate wear-resistant parts, hardened tools, high-temperature components, turbines, ballistic armor, aircraft parts, low-friction products, and biocompatible materials.

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Ceramic Matrix Composites: Technologies and Global Markets( avm014d )
Publish Date: Oct 2010    

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