Global Silicon Carbide Fiber Market 2022-2026
Technavio has been monitoring the silicon carbide fiber market and it is poised to grow by $ 775 mn during 2022-2026, accelerating at a CAGR of 18.1% during the forecast period. Our report on the silicon carbide fiber market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in demand for silicon carbide fiber in the aerospace sector, high demand for advanced materials, and lightweight materials gaining traction in the automotive industry.
The silicon carbide fiber market analysis includes segment and geographic landscape.
Technavio's silicon carbide fiber market is segmented as below:
By Application
- aerospace and defense
- energy and power
- industrial
- others
By Geography
- North America
- Europe
- APAC
- The Middle East and Africa
- South America
This study identifies the rising preference for lightweight materials as one of the prime reasons driving the silicon carbide fiber market growth during the next few years. Also, high investment in aircraft materials in the aerospace industry and the adoption of temperature resistance fibers will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the silicon carbide fiber market covers the following areas:
- Silicon carbide fiber market sizing
- Silicon carbide fiber market forecast
- Silicon carbide fiber market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading silicon carbide fiber market vendors that include American Elements, BJS Ceramics GmbH, BC Partners LLP, Calix Ceramic Solutions, Compagnie de Saint Gobain SA, Free Form Fibers LLC, General Electric Co., Insanco Inc., Matech, Nippon Carbon Co. Ltd., SGL Carbon SE, Stanford Advanced Materials, Suzhou Saifei Group Co. Ltd., TISICS Ltd., Triveni Interchem Pvt. Ltd., Ube Industries Ltd., Ultramet, and Haydale Graphene Industries plc. Also, the silicon carbide fiber market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.