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Ceramic Matrix Composites Market to grow at a CAGR of 9.95% by 2021

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Ceramic Matrix Composites

Global Ceramic Matrix Composites Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Ceramic Matrix Composites Market.

Companies Mentioned are COI Ceramics, General Electric, Lancer Systems, Rolls-Royce, SGL Group, Ultramet, 3M, Albany International, Applied Thin Films, Automated Dynamics, CeramTec, CoorsTek, Composites Horizons, Fiber Materials, Hexcel, Matrix Composites, PYROMERAL SYSTEMS, Starfire Systems, and UBE INDUSTRIES.

The global Ceramic Matrix Composites market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

Major points covered in Global Ceramic Matrix Composites Market 2017 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global Ceramic Matrix Composites market?
  • What are the key market trends impacting the growth of the global Ceramic Matrix Composites market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Ceramic Matrix Composites market?
  • What are the market opportunities and threats faced by the vendors in the global Ceramic Matrix Composites market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global Ceramic Matrix Composites market?

This independent 85 page report guarantees you will remain better informed than your competition. With over 160 tables and figures examining the Ceramic Matrix Composites market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

Inquire for Sample copy at: https://www.marketinsightsreports.com/reports/08112296/global-ceramic-matrix-composites-market-2017-to-2021/inquiry

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Ceramic Matrix Composites in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.

The report provides a basic overview of the Ceramic Matrix Composites industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Ceramic Matrix Composites industry development trends and marketing channels are analyzed.

MIR Announces the Publication of its Research Report – Global Ceramic Matrix Composites Market 2017-2021

MIR recognizes the following companies as the key players in the global ceramic matrix composites market: COI Ceramics, General Electric, Lancer Systems, Rolls-Royce, SGL Group, and Ultramet.

Other Prominent Vendors in the market are: 3M, Albany International, Applied Thin Films, Automated Dynamics, CeramTec, CoorsTek, Composites Horizons, Fiber Materials, Hexcel, Matrix Composites, PYROMERAL SYSTEMS, Starfire Systems, and UBE INDUSTRIES.

Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is increasing demand for LEAP engine in the aerospace industry. The LEAP engine manufactured by GE in the last two years has triggered the demand for CMCs in the aerospace industry. This initiative includes the manufacturing and supplying of CMC-based jet engines by GE Aviation, a subsidiary of GE. CFM International, a joint venture between GE Aviation and Snecma, is developing a high-bypass turbofan engine using high-performance composite materials. The production of turbo engines will reduce the fuel consumption by 15%. Moreover, the LEAP program has attracted more than 5,100 orders to GE Aviation; it is planning to achieve a target of 1,720 engines by 2018. For instance, COMAC has planned to use LEAP engine in its new aircraft, COMAC C919. This initiative has also benefited the key players in the aviation sector, such as Boeing and Airbus.”

According to the report, one of the major drivers for this market is growing demand for lightweight and high-performance materials. There is an increased demand for lightweight and high-performance materials from various end-user industries. These advanced materials can be used in various industrial applications to gain benefits from their energy-saving and wear-resistance properties. They are preferred in high friction applications as thermally conductive materials. These materials are widely used in aerospace and defense, and automobiles industries. Among the various types of high-performance materials, CMCs are preferred widely owing to their properties such as high-temperature resistance, thermal shock resistance, and non-conductive nature.

Further, the report states that one of the major factors hindering the growth of this market is High production cost. Developed nations, especially the US, account for the larger portion of the demand for CMCs. Moreover, most of the production facilities for CMCs are based in the US, making it difficult for the players in the global market to expand geographically because of the high transportation and logistics costs. Moreover, one of the disadvantages of ceramic materials is the lack of toughness. This can be overcome by using reinforcement to enhance their toughness.

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 a SWOT analysis of the key vendors.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Ceramic Matrix Composites on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Ceramic Matrix Composites Market and assist manufacturers and investment organization to better grasp the development course of Ceramic Matrix Composites Market.

Browse full Report at: https://www.marketinsightsreports.com/reports/08112296/global-ceramic-matrix-composites-market-2017-to-2021