Global Ceramic Matrix Composites for Automobile Supply, Demand and Key Producers, 2023-2029

Global Ceramic Matrix Composites for Automobile Supply, Demand and Key Producers, 2023-2029

The global Ceramic Matrix Composites for Automobile market size is expected to reach $ 1489.4 million by 2029, rising at a market growth of 11.4% CAGR during the forecast period (2023-2029).

Ceramic Matrix Composites (CMCs) are also gaining traction in the automobile industry due to their unique properties. CMCs offer advantages such as lightweight, high strength, and resistance to high temperatures, making them attractive for various applications in automobiles.



1. Lightweighting: One of the primary drivers for CMC adoption in the automobile industry is the need for lightweight materials to improve fuel efficiency and reduce emissions. CMCs can provide weight savings of up to 50% compared to traditional metals, making them ideal for applications like engine components, brake systems, and structural components.



2. Performance enhancements: CMCs offer superior performance characteristics such as high stiffness, thermal stability, and wear resistance. This makes them suitable for applications like brake discs, which need to withstand high temperatures and exhibit excellent stopping power. CMCs can also enhance engine efficiency by reducing thermal expansion and offering better heat dissipation.



3. Electric vehicles (EVs): The growing market for electric vehicles presents new opportunities for CMCs. EVs require lightweight materials to maximize battery efficiency and increase driving range. CMCs can be used in battery enclosures, motor components, and other structural parts, contributing to weight reduction and improved performance.



4. Advanced manufacturing techniques: The adoption of advanced manufacturing techniques, such as additive manufacturing or 3D printing, is enabling the production of complex CMC geometries and reducing manufacturing costs. Additive manufacturing allows for the customization of CMC components, leading to enhanced design flexibility and faster prototyping.



5. Partnership and collaboration: Automobile manufacturers are partnering with material suppliers and research institutions to accelerate the development of CMCs. These collaborations aim to optimize material properties, improve manufacturing processes, and expand the range of applications for CMCs in automobiles.



6. Cost reduction efforts: While CMCs offer numerous benefits, their high manufacturing costs have been a barrier to widespread adoption. However, ongoing research and development efforts are focused on reducing the costs associated with CMC production. These efforts involve improving manufacturing processes, exploring alternative raw materials, and scaling up production.



7. Consumer demand for sustainability: With increasing consumer awareness and demand for sustainable transportation, CMCs align with the goals of reducing carbon emissions and improving fuel economy. As the preference for eco-friendly vehicles rises, CMCs are likely to play a significant role in meeting these environmental objectives.



The automobile market for CMCs is still evolving, but with advancements in manufacturing techniques, cost reduction efforts, and increasing demand for lightweight materials, the adoption of CMCs in the automotive industry is expected to increase in the coming years. Their unique properties can contribute to the development of more fuel-efficient and high-performance vehicles.

Ceramic matrix composites (CMCs) are used in the construction of aircraft engines. CMCs are capable of withstanding high-temperatures, and hence they are useful in the construction of aircraft engine turbines, among other components.

The aerospace and defence industry continues to be a hotbed of innovation, with activity driven by the pressing need for modernisation and the growing importance of emerging technologies such as artificial intelligence and unmanned systems

This report studies the global Ceramic Matrix Composites for Automobile production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Ceramic Matrix Composites for Automobile, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Ceramic Matrix Composites for Automobile that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Ceramic Matrix Composites for Automobile total production and demand, 2018-2029, (Tons)

Global Ceramic Matrix Composites for Automobile total production value, 2018-2029, (USD Million)

Global Ceramic Matrix Composites for Automobile production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Ceramic Matrix Composites for Automobile consumption by region & country, CAGR, 2018-2029 & (Tons)

U.S. VS China: Ceramic Matrix Composites for Automobile domestic production, consumption, key domestic manufacturers and share

Global Ceramic Matrix Composites for Automobile production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)

Global Ceramic Matrix Composites for Automobile production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Ceramic Matrix Composites for Automobile production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).

This reports profiles key players in the global Ceramic Matrix Composites for Automobile market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE Aviation, Safran, Rolls-Royce Group, CoorsTek, COI Ceramics, BJS Ceramics GmbH, Composites Horizo??ns, Ultramet and WPX Faser Keramik, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Ceramic Matrix Composites for Automobile market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Ceramic Matrix Composites for Automobile Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Ceramic Matrix Composites for Automobile Market, Segmentation by Type
Oxide
Silicon Carbide
Carbon
Others

Global Ceramic Matrix Composites for Automobile Market, Segmentation by Application
Fuel Vehicle
New Energy Vehicle

Companies Profiled:
GE Aviation
Safran
Rolls-Royce Group
CoorsTek
COI Ceramics
BJS Ceramics GmbH
Composites Horizo??ns
Ultramet
WPX Faser Keramik
Applied Thin Films
Walter E. C. Pritzkow Spezialkeramik

Key Questions Answered

1. How big is the global Ceramic Matrix Composites for Automobile market?

2. What is the demand of the global Ceramic Matrix Composites for Automobile market?

3. What is the year over year growth of the global Ceramic Matrix Composites for Automobile market?

4. What is the production and production value of the global Ceramic Matrix Composites for Automobile market?

5. Who are the key producers in the global Ceramic Matrix Composites for Automobile market?