Ceramic Matrix Composites Market in the Us 2015-2019 - Global Industry Analysis, Strategy, Size, Share, Growth, Trends, Forecast and Deep Research Report

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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.

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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...