Ceramic Matrix Composite Market by Matrix Type (C/C, C/Sic, Oxide/Oxide, Sic/Sic), Fiber Type (Continuous, Woven), End-Use Industry (Aerospace & Defense, Automotive, Energy & Power, Industrial), and Region - Global Forecast to 2031
Market Report I 2024-06-12 I 247 Pages I MarketsandMarkets
The ceramic matrix composite market is estimated at USD 12.0 billion in 2024 and is projected to reach USD 23.8 billion by 2031, at a CAGR of 10.3% from 2024 to 2031. Carbon/Silicon Carbide ceramic matrix composites are a type of ceramic matrix composite that consist of carbon fibers embedded in a silicon carbide matrix. They are used for high temperature applications such as gas turbines, aerospace components, and thermal protection systems due to their exceptional properties. These exceptional properties make them highly desirable for end use industries like aerospace, automotive, energy and power, and industrial sectors.
Ongoing research and development efforts continue to enhance the properties and expand the range of applications for C/SiC ceramic matrix composites.
''In terms of value, Automotive end-use industry accounted for the second largest share of the overall ceramic matrix composites market.''
The automotive industry accounts for the second largest end-use industry of ceramic matrix composites market. These composites are used in automotive industry owing to their exceptional properties such as high tolerance to adverse temperatures, corrosion resistance, and fracture toughness. Ceramic matrix composites are much lighter than traditional alloys, which helps to improve the fuel efficiency of the vehicles and reduce the carbon emissions. The rising demand for electric and hybrid vehicles is driving the use of CMCs, as these vehicles require lightweight components to maximize range and battery life.
''The continuous fiber type segment expected to register for the highest CAGR during the forecast period, in terms of value.''
Based on fiber type, the continuous fiber type segment is expected to register the highest CAGR during the forecast period for the ceramic matrix composites market. Continuous fibers are a type of advanced composite material that consist of continuous ceramic fibers embedded in a ceramic matrix. These fibers run uninterrupted through the entire area of the composite, providing continuous reinforcement. Embedding the continuous ceramic fibers in the ceramic matrix improves the composite's fracture toughness, thermal shock resistance, and overall mechanical properties compared to traditional materials. Continuous fiber CMCs are used in high-temperature applications such as aerospace components, gas turbines, and thermal protection systems due to their excellent mechanical and thermal properties.
"During the forecast period, the ceramic matrix composite market in Europe region is projected to register the second largest market share."
The ceramic matrix composite market has been studied in North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America. Europe accounted for the second largest market share in 2023, whereas North America accounted for the largest market share in 2023. At the third place in terms of market share stood Asia Pacific. The European market will experience considerable growth in the upcoming years. The demand for lightweight and electric vehicles is rising in the European region, hence driving the market for ceramic matrix composites. The mechanical properties of CMCs make them indispensable in the aerospace and defense sectors, where high-performance materials are crucial. Thus, Europe's strong presence in these industries contributes significantly to the region's dominance in the CMC market.
This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:
- By Company Type- Tier 1- 35%, Tier 2- 25%, and Tier 3- 40%
- By Designation- C Level- 35%, Director Level- 30%, and Others- 35%
- By Region- North America- 20%, Europe- 25%, Asia Pacific- 25%, Latin America- 10%, Middle East & Africa (MEA)-20%
The report provides a comprehensive analysis of company profiles:
Prominent companies include General Electric Company (US), Rolls-Royce Plc (United Kingdom), SGL Carbon (Germany), CoorsTek Inc. (US), Lancer Systems (US), Axiom Materials (US), Ultramet (US), CFCCarbon Co., Ltd. (China), Spirit Aerosystems, Inc. (US), COIC (US), among others.
Research Coverage
This research report categorizes the Ceramic matrix composite market By Fibre Type (Continuous, Woven, Others), End-use Industry (Aerospace & Defence, Automotive, Energy & Power, Industrial, Others), and Region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America). The scope of the study includes thorough information on the important elements impacting the growth of the ceramic matrix composites market, such as drivers, restraints, challenges, and opportunities. A comprehensive review of the top industry participants has been conducted in order to provide insights into their business overview, solutions, and services; important strategies; contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and current developments in the ceramic matrix composites sector are all covered. The report includes a competitive study of upcoming startups in the ceramic matrix composites industry ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall ceramic matrix composite market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Increasing demand for ceramic matrix composites in developing countries, Higher demand for lightweight and fuel-efficient vehicles, and Stringent laws against carbon emissions by end-use industries), restraints (Higher costs as compared to other metals and alloys and Limitations of ceramic matrix composites in various applications), opportunities (Growing use of lightweight components in various end use industries and Mass manufacture and standardization of ceramic matrix composites production process), and challenges (Limited use due to reparability and recyclability and Scaling up the manufacturing process while maintaining consistent quality and reducing costs) influencing the growth of the ceramic matrix composite market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the ceramic matrix composites market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the ceramic matrix composites market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the ceramic matrix composites market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like General Electric Company (US), Rolls-Royce Plc (United Kingdom), SGL Carbon (Germany), CoorsTek Inc. (US), Lancer Systems (US), Axiom Materials (US), Ultramet (US), CFCCarbon Co., Ltd. (China), Spirit Aerosystems, Inc. (US), COIC (US), among others in the ceramic matrix composite market.
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 25
1.3 STUDY SCOPE 26
1.3.1 INCLUSIONS AND EXCLUSIONS 26
1.3.2 MARKET SEGMENTATION 27
FIGURE 1 CERAMIC MATRIX COMPOSITES MARKET SEGMENTATION 27
1.3.3 REGIONS COVERED 27
1.3.4 YEARS CONSIDERED 28
1.4 CURRENCY CONSIDERED 28
1.5 UNIT CONSIDERED 28
1.6 LIMITATIONS 28
1.7 STAKEHOLDERS 29
1.8 SUMMARY OF CHANGES 29
1.9 RECESSION IMPACT 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
FIGURE 2 CERAMIC MATRIX COMPOSITES MARKET: RESEARCH DESIGN 30
2.1.1 SECONDARY DATA 31
2.1.1.1 Key data from secondary sources 31
2.1.2 PRIMARY DATA 31
2.1.2.1 Key data from primary sources 32
2.1.2.2 Key primary participants 32
2.1.2.3 Breakdown of interviews with experts 33
2.1.2.4 Key industry insights 33
2.2 BASE NUMBER CALCULATION 34
2.2.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 34
2.2.2 APPROACH 2: DEMAND-SIDE ANALYSIS 34
2.3 FORECAST NUMBER CALCULATION 35
2.4 MARKET SIZE ESTIMATION 35
2.4.1 BOTTOM-UP APPROACH 35
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 35
2.4.2 TOP-DOWN APPROACH 36
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 36
2.5 DATA TRIANGULATION 36
FIGURE 5 CERAMIC MATRIX COMPOSITES MARKET: DATA TRIANGULATION 37
2.6 RECESSION IMPACT 37
2.7 FACTOR ANALYSIS 38
2.8 GROWTH FORECAST 38
2.9 RESEARCH ASSUMPTIONS 39
2.10 RESEARCH LIMITATIONS 39
2.11 RISK ASSESSMENT 39
3 EXECUTIVE SUMMARY 40
FIGURE 6 CONTINUOUS FIBER SEGMENT LED MARKET IN 2023 40
FIGURE 7 SIC/SIC MATRIX TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 41
FIGURE 8 AEROSPACE & DEFENSE SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 41
FIGURE 9 ASIA PACIFIC TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD 42
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CERAMIC MATRIX COMPOSITES MARKET 43
FIGURE 10 CERAMIC MATRIX COMPOSITES MARKET TO WITNESS HIGH GROWTH IN NORTH AMERICA BETWEEN 2023 AND 2031 43
4.2 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY AND REGION, 2023 44
FIGURE 11 AEROSPACE & DEFENSE SEGMENT AND NORTH AMERICA LED MARKET IN 2023 44
4.3 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE 44
FIGURE 12 OX/OX MATRIX SEGMENT HELD LARGEST SHARE IN 2023 44
4.4 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE 45
FIGURE 13 CONTINUOUS FIBER ACCOUNTED FOR LARGEST SHARE IN 2023 45
4.5 CERAMIC MATRIX COMPOSITES MARKET, BY KEY COUNTRY 45
FIGURE 14 CHINA TO DOMINATE MARKET DURING FORECAST PERIOD 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 46
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CERAMIC MATRIX COMPOSITES MARKET 46
5.2.1 DRIVERS 47
5.2.1.1 Increasing demand for ceramic matrix composites in developing countries 47
TABLE 1 NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION (2020-2039) 47
5.2.1.2 Higher demand for lightweight and fuel-efficient vehicles 48
FIGURE 16 EV SALES BY MAJOR MARKETS (REGION/COUNTRY), 2023 48
FIGURE 17 EV SALES FORECAST 49
5.2.1.3 Stringent laws against carbon emissions by end-use industries 49
5.2.2 RESTRAINTS 49
5.2.2.1 Higher cost than other metals and alloys 49
5.2.2.2 Limitation of ceramic matrix composites in various applications 50
5.2.3 OPPORTUNITIES 50
5.2.3.1 Growing use of lightweight components in various end-use industries 50
5.2.3.2 Mass manufacture and standardization of ceramic matrix composites production process 50
5.2.4 CHALLENGES 51
5.2.4.1 Limited use due to reparability and recyclability 51
5.2.4.2 Scaling up manufacturing process while maintaining consistent quality and reducing costs 51
5.3 PORTER'S FIVE FORCES ANALYSIS 52
FIGURE 18 CERAMIC MATRIX COMPOSITES MARKET: PORTER'S FIVE FORCES ANALYSIS 52
5.3.1 THREAT OF NEW ENTRANTS 52
5.3.2 THREAT OF SUBSTITUTES 53
5.3.3 BARGAINING POWER OF SUPPLIERS 53
5.3.4 BARGAINING POWER OF BUYERS 53
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 53
TABLE 2 CERAMIC MATRIX COMPOSITES MARKET: PORTER'S FIVE FORCES ANALYSIS 54
5.4 ECOSYSTEM ANALYSIS 54
FIGURE 19 CERAMIC MATRIX COMPOSITES MARKET: ECOSYSTEM 54
FIGURE 20 CERAMIC MATRIX COMPOSITES MARKET: ECOSYSTEM MAP 55
5.5 PRICING ANALYSIS 55
5.5.1 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY 55
FIGURE 21 AVERAGE SELLING PRICE TREND FOR TOP THREE END-USE INDUSTRIES (USD/KG) 55
5.5.2 AVERAGE SELLING PRICE TREND, BY MATRIX TYPE 56
FIGURE 22 AVERAGE SELLING PRICE TREND, BY MATRIX TYPE 56
5.5.3 AVERAGE SELLING PRICE TREND, BY FIBER TYPE 56
FIGURE 23 AVERAGE SELLING PRICE TREND, BY FIBER TYPE 56
5.5.4 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY 57
FIGURE 24 AVERAGE SELLING PRICE TREND, BY END USE INDUSTRY 57
5.5.5 AVERAGE SELLING PRICE TREND, BY REGION 57
TABLE 3 AVERAGE SELLING PRICE TREND, BY REGION 57
5.6 SUPPLY CHAIN ANALYSIS 58
TABLE 4 CERAMIC MATRIX COMPOSITES MARKET: SUPPLY CHAIN ANALYSIS 58
5.6.1 RAW MATERIALS 59
FIGURE 25 LEADING CERAMIC MATRIX COMPOSITES RAW MATERIAL MANUFACTURERS AND SUPPLIERS 59
5.6.2 PRODUCT MANUFACTURERS 59
FIGURE 26 LEADING PRODUCT MANUFACTURERS 59
5.6.3 END USERS 60
FIGURE 27 MAJOR END USERS OF CERAMIC MATRIX COMPOSITES 60
5.7 VALUE CHAIN ANALYSIS 60
FIGURE 28 CERAMIC MATRIX COMPOSITES MARKET: VALUE CHAIN ANALYSIS 60
5.8 DISTRIBUTION CHANNEL 61
5.9 TECHNOLOGY ANALYSIS 62
5.9.1 KEY TECHNOLOGY 62
5.9.1.1 Laser Additive Manufacturing (LAM) 62
5.9.1.2 Automated Fiber Placement (AFP) 62
5.9.2 COMPLEMENTARY TECHNOLOGY 62
5.9.2.1 Dipping fiber bundle, pressing, heating, and hot-pressing 62
5.10 KEY STAKEHOLDERS & BUYING CRITERIA 63
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS 63
FIGURE 29 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES 63
TABLE 5 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES 63
5.10.2 BUYING CRITERIA 64
FIGURE 30 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 64
TABLE 6 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 64
5.11 PATENT ANALYSIS 64
5.11.1 INTRODUCTION 64
5.11.2 METHODOLOGY 65
5.11.3 DOCUMENT TYPES 65
TABLE 7 CERAMIC MATRIX COMPOSITES MARKET: GLOBAL PATENT COUNT 65
FIGURE 31 GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE 66
FIGURE 32 GLOBAL PATENT PUBLICATION TREND, 2014-2024 66
5.11.4 INSIGHTS 66
5.11.5 LEGAL STATUS OF PATENTS 67
FIGURE 33 CERAMIC MATRIX COMPOSITES MARKET: LEGAL STATUS OF PATENTS 67
5.11.6 JURISDICTION ANALYSIS 67
FIGURE 34 GLOBAL JURISDICTION ANALYSIS 67
5.11.7 TOP APPLICANTS 68
FIGURE 35 GENERAL ELECTRIC COMPANY ACCOUNTED FOR HIGHEST PATENT COUNT, 2014-2024 68
5.11.8 PATENTS BY GENERAL ELECTRIC COMPANY 68
5.11.9 PATENTS BY ROLLS ROYCE PLC 69
5.11.10 PATENTS BY UNITED TECHNOLOGIES CORPORATION 69
5.11.11 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS 70
5.12 REGULATORY LANDSCAPE 70
5.12.1 REGULATIONS IN CERAMIC MATRIX COMPOSITES MARKET 70
5.12.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 8 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 9 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
TABLE 10 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
TABLE 11 REST OF WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 73
5.13 KEY CONFERENCES & EVENTS IN 2024-2025 73
TABLE 12 CERAMIC MATRIX COMPOSITES MARKET: KEY CONFERENCES & EVENTS, 2024-2025 73
5.14 CASE STUDY ANALYSIS 75
5.14.1 CASE STUDY 1: GENERAL ELECTRIC COMPANY SUCCESSFULLY TESTED NEW CERAMIC MATRIX COMPOSITE TURBINE BLADE 75
5.14.2 CASE STUDY 2: ROLLS-ROYCE PLC TO INVEST AND EXPAND RESEARCH & DEVELOPMENT ACTIVITIES 76
5.14.3 CASE STUDY 3: SGL CARBON EXPANDED PRODUCTION CAPACITY IN NORTH AMERICA 76
5.15 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 77
FIGURE 36 REVENUE SHIFT AND NEW REVENUE POCKETS IN CERAMIC MATRIX COMPOSITES 77
5.16 MOST VALUED CERAMIC MATRIX COMPOSITE FIRMS IN 2024 78
FIGURE 37 PROMINENT CERAMIC MATRIX COMPOSITE MANUFACTURERS IN 2024 (USD BILLION) 78
6 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE 79
6.1 INTRODUCTION 80
FIGURE 38 CONTINUOUS SEGMENT TO LEAD CERAMIC MATRIX COMPOSITES DURING FORECAST PERIOD 80
TABLE 13 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE, 2019-2023 (KILOTON) 80
TABLE 14 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE, 2019-2023 (USD MILLION) 80
TABLE 15 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE, 2024-2031 (KILOTON) 81
TABLE 16 CERAMIC MATRIX COMPOSITES MARKET, BY FIBER TYPE, 2024-2031 (USD MILLION) 81
6.2 CONTINUOUS FIBERS 81
6.2.1 SUPERIOR PERFORMANCE PROPERTIES TO DRIVE DEMAND 81
TABLE 17 CONTINUOUS FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (KILOTON) 82
TABLE 18 CONTINUOUS FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (USD MILLION) 82
TABLE 19 CONTINUOUS FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (KILOTON) 82
TABLE 20 CONTINUOUS FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (USD MILLION) 83
6.3 WOVEN FIBERS 83
6.3.1 INCREASE IN DEMAND IN ADVANCED AIRCRAFT ENGINES TO DRIVE MARKET 83
TABLE 21 WOVEN FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (KILOTON) 83
TABLE 22 WOVEN FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (USD MILLION) 84
TABLE 23 WOVEN FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (KILOTON) 84
TABLE 24 WOVEN FIBER CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (USD MILLION) 84
6.4 OTHER FIBERS 85
6.4.1 FELT/MAT 85
6.4.2 CHOPPED 85
6.4.3 TWILL 85
6.4.4 BRAIDED 85
6.4.5 ROPES AND BELTS 86
TABLE 25 OTHER FIBERS: CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (KILOTON) 86
TABLE 26 OTHER FIBERS: CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (USD MILLION) 86
TABLE 27 OTHER FIBERS: CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (KILOTON) 87
TABLE 28 OTHER FIBERS: CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (USD MILLION) 87
7 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE 88
7.1 INTRODUCTION 89
FIGURE 39 SIC/SIC MATRIX SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 89
TABLE 29 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 89
TABLE 30 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 90
TABLE 31 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 90
TABLE 32 CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 90
7.2 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES 91
7.2.1 INCREASING DEMAND DUE TO LOW PRICE AND HIGH THERMAL STABILITY TO DRIVE MARKET 91
TABLE 33 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (KILOTON) 91
TABLE 34 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (USD MILLION) 92
TABLE 35 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (KILOTON) 92
TABLE 36 OXIDE/OXIDE CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (USD MILLION) 92
7.3 C/SIC CERAMIC MATRIX COMPOSITES 93
7.3.1 HIGH DEMAND FROM AEROSPACE AND LUXURY & SPORTS CARS INDUSTRIES TO DRIVE MARKET 93
TABLE 37 C/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (KILOTON) 93
TABLE 38 C/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (USD MILLION) 94
TABLE 39 C/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (KILOTON) 94
TABLE 40 C/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (USD MILLION) 94
7.4 C/C CERAMIC MATRIX COMPOSITES 95
7.4.1 HIGH DEMAND FROM AEROSPACE & DEFENSE INDUSTRY TO DRIVE MARKET 95
TABLE 41 C/C CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (KILOTON) 95
TABLE 42 C/C CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (USD MILLION) 95
TABLE 43 C/C CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (KILOTON) 96
TABLE 44 C/C CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (USD MILLION) 96
7.5 SIC/SIC CERAMIC MATRIX COMPOSITES 97
7.5.1 SIGNIFICANT DEMAND FROM MULTIPLE END-USE INDUSTRIES FOR HIGH-TEMPERATURE APPLICATIONS TO DRIVE MARKET 97
TABLE 45 SIC/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (KILOTON) 97
TABLE 46 SIC/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (USD MILLION) 97
TABLE 47 SIC/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (KILOTON) 98
TABLE 48 SIC/SIC CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (USD MILLION) 98
8 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY 99
8.1 INTRODUCTION 100
FIGURE 40 AEROSPACE & DEFENSE TO BE LARGEST END-USE INDUSTRY OF CERAMIC MATRIX COMPOSITES 100
TABLE 49 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (KILOTON) 100
TABLE 50 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (USD MILLION) 101
TABLE 51 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (KILOTON) 101
TABLE 52 CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (USD MILLION) 101
8.2 AEROSPACE & DEFENSE 102
8.2.1 INCREASED DEMAND FOR GAS TURBINE ENGINES IN AEROSPACE & DEFENSE SECTOR TO DRIVE MARKET 102
TABLE 53 CERAMIC MATRIX COMPOSITES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2019-2023 (KILOTON) 103
TABLE 54 CERAMIC MATRIX COMPOSITES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2019-2023 (USD MILLION) 103
TABLE 55 CERAMIC MATRIX COMPOSITES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2024-2031 (KILOTON) 103
TABLE 56 CERAMIC MATRIX COMPOSITES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2024-2031 (USD MILLION) 104
8.3 AUTOMOTIVE 104
8.3.1 BRAKE DISK APPLICATION TO DRIVE MARKET 104
TABLE 57 CERAMIC MATRIX COMPOSITES MARKET IN AUTOMOTIVE, BY REGION, 2019-2023 (KILOTON) 105
TABLE 58 CERAMIC MATRIX COMPOSITES MARKET IN AUTOMOTIVE, BY REGION, 2019-2023 (USD MILLION) 105
TABLE 59 CERAMIC MATRIX COMPOSITES MARKET IN AUTOMOTIVE, BY REGION, 2024-2031 (KILOTON) 105
TABLE 60 CERAMIC MATRIX COMPOSITES MARKET IN AUTOMOTIVE, BY REGION, 2024-2031 (USD MILLION) 106
8.4 ENERGY & POWER 106
8.4.1 INCREASED USE OF NUCLEAR PLANTS TO FUEL DEMAND FOR COMPOSITES 106
TABLE 61 CERAMIC MATRIX COMPOSITES MARKET IN ENERGY & POWER, BY REGION, 2019-2023 (KILOTON) 107
TABLE 62 CERAMIC MATRIX COMPOSITES MARKET IN ENERGY & POWER, BY REGION, 2019-2023 (USD MILLION) 107
TABLE 63 CERAMIC MATRIX COMPOSITES MARKET IN ENERGY & POWER, BY REGION, 2024-2031 (KILOTON) 108
TABLE 64 CERAMIC MATRIX COMPOSITES MARKET IN ENERGY & POWER, BY REGION, 2024-2031 (USD MILLION) 108
8.5 INDUSTRIAL 109
8.5.1 WIDE APPLICATION OF OXIDE/OXIDE CERAMIC MATRIX COMPOSITES TO DRIVE MARKET 109
TABLE 65 CERAMIC MATRIX COMPOSITES MARKET IN INDUSTRIAL, BY REGION, 2019-2023 (KILOTON) 109
TABLE 66 CERAMIC MATRIX COMPOSITES MARKET IN INDUSTRIAL, BY REGION, 2019-2023 (USD MILLION) 109
TABLE 67 CERAMIC MATRIX COMPOSITES MARKET IN INDUSTRIAL, BY REGION, 2024-2031 (KILOTON) 110
TABLE 68 CERAMIC MATRIX COMPOSITES MARKET IN INDUSTRIAL, BY REGION, 2024-2031 (USD MILLION) 110
8.6 OTHER END-USE INDUSTRIES 110
TABLE 69 CERAMIC MATRIX COMPOSITES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2019-2023 (KILOTON) 111
TABLE 70 CERAMIC MATRIX COMPOSITES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2019-2023 (USD MILLION) 111
TABLE 71 CERAMIC MATRIX COMPOSITES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2024-2031 (KILOTON) 112
TABLE 72 CERAMIC MATRIX COMPOSITES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2024-2031 (USD MILLION) 112
?
9 CERAMIC MATRIX COMPOSITES MARKET, BY REGION 113
9.1 INTRODUCTION 114
FIGURE 41 CHINA TO WITNESS HIGHEST CAGR IN CERAMIC MATRIX COMPOSITES MARKET 114
TABLE 73 CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (KILOTON) 115
TABLE 74 CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2019-2023 (USD MILLION) 115
TABLE 75 CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (KILOTON) 115
TABLE 76 CERAMIC MATRIX COMPOSITES MARKET, BY REGION, 2024-2031 (USD MILLION) 116
9.2 NORTH AMERICA 116
9.2.1 RECESSION IMPACT 117
FIGURE 42 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET SNAPSHOT 117
TABLE 77 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 118
TABLE 78 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET BY MATRIX TYPE, 2019-2023 (USD MILLION) 118
TABLE 79 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 118
TABLE 80 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 119
TABLE 81 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (KILOTON) 119
TABLE 82 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (USD MILLION) 120
TABLE 83 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (KILOTON) 120
TABLE 84 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (USD MILLION) 120
TABLE 85 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (KILOTON) 121
TABLE 86 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (USD MILLION) 121
TABLE 87 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (KILOTON) 121
TABLE 88 NORTH AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (USD MILLION) 122
9.2.2 US 122
9.2.2.1 Largest market for ceramic matrix composites to drive demand 122
TABLE 89 US: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 122
TABLE 90 US: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 123
TABLE 91 US: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 123
TABLE 92 US: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 123
9.2.3 CANADA 124
9.2.3.1 Growing aerospace & defense and industrial sectors to drive market 124
TABLE 93 CANADA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 124
TABLE 94 CANADA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 125
TABLE 95 CANADA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 125
TABLE 96 CANADA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 125
9.3 ASIA PACIFIC 126
9.3.1 RECESSION IMPACT 126
FIGURE 43 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET SNAPSHOT 127
TABLE 97 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 127
TABLE 98 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 128
TABLE 99 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 128
TABLE 100 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 128
TABLE 101 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (KILOTON) 129
TABLE 102 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (USD MILLION) 129
TABLE 103 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (KILOTON) 129
TABLE 104 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (USD MILLION) 130
TABLE 105 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (KILOTON) 130
TABLE 106 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (USD MILLION) 131
TABLE 107 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (KILOTON) 131
TABLE 108 ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (USD MILLION) 131
9.3.2 CHINA 132
9.3.2.1 Focus of OEMs on manufacturing cost-efficient and lightweight products to drive market 132
TABLE 109 CHINA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 132
TABLE 110 CHINA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 133
TABLE 111 CHINA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 133
TABLE 112 CHINA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 133
9.3.3 JAPAN 134
9.3.3.1 Increasing focus on C/SiC and SiC/SiC for nuclear reactors to drive market 134
TABLE 113 JAPAN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 134
TABLE 114 JAPAN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 134
TABLE 115 JAPAN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 135
TABLE 116 JAPAN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 135
9.3.4 SOUTH KOREA 135
9.3.4.1 Surging demand from automotive industry to drive market 135
TABLE 117 SOUTH KOREA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 136
TABLE 118 SOUTH KOREA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 136
TABLE 119 SOUTH KOREA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 136
TABLE 120 SOUTH KOREA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 137
9.3.5 INDIA 137
9.3.5.1 Growth of aerospace & defense sector to boost market 137
TABLE 121 INDIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 137
TABLE 122 INDIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 138
TABLE 123 INDIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 138
TABLE 124 INDIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 138
9.3.6 REST OF ASIA PACIFIC 139
TABLE 125 REST OF ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 139
TABLE 126 REST OF ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 139
TABLE 127 REST OF ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 140
TABLE 128 REST OF ASIA PACIFIC: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 140
9.4 EUROPE 140
9.4.1 RECESSION IMPACT 141
FIGURE 44 EUROPE: CERAMIC MATRIX COMPOSITES MARKET SNAPSHOT 141
TABLE 129 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 142
TABLE 130 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 142
TABLE 131 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 142
TABLE 132 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 143
TABLE 133 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (KILOTON) 143
TABLE 134 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (USD MILLION) 143
TABLE 135 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (KILOTON) 144
TABLE 136 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (USD MILLION) 144
TABLE 137 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (KILOTON) 145
TABLE 138 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (USD MILLION) 145
TABLE 139 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (KILOTON) 145
TABLE 140 EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (USD MILLION) 146
9.4.2 FRANCE 146
9.4.2.1 Presence of major aircraft manufacturers to drive market 146
TABLE 141 FRANCE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 147
TABLE 142 FRANCE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 147
TABLE 143 FRANCE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 147
TABLE 144 FRANCE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 148
9.4.3 GERMANY 148
9.4.3.1 Growth of automotive and aerospace sectors to drive market 148
TABLE 145 GERMANY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 148
TABLE 146 GERMANY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 149
TABLE 147 GERMANY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 149
TABLE 148 GERMANY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 149
9.4.4 UK 150
9.4.4.1 Demand for high-performance materials in luxury and sports cars to drive market 150
TABLE 149 UK: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 150
TABLE 150 UK: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 150
TABLE 151 UK: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 151
TABLE 152 UK: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 151
9.4.5 ITALY 151
9.4.5.1 Diversified industrial base to drive market 151
TABLE 153 ITALY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 152
TABLE 154 ITALY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 152
TABLE 155 ITALY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 152
TABLE 156 ITALY: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 153
9.4.6 SPAIN 153
9.4.6.1 Demand for lightweight materials in automotive industry to drive market 153
TABLE 157 SPAIN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 153
TABLE 158 SPAIN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 154
TABLE 159 SPAIN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 154
TABLE 160 SPAIN: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 154
9.4.7 REST OF EUROPE 155
TABLE 161 REST OF EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 155
TABLE 162 REST OF EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 155
TABLE 163 REST OF EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 155
TABLE 164 REST OF EUROPE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 156
9.5 MIDDLE EAST & AFRICA 156
9.5.1 RECESSION IMPACT 156
TABLE 165 MIDDLE EAST AND AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 157
TABLE 166 MIDDLE EAST AND AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 157
TABLE 167 MIDDLE EAST AND AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 157
TABLE 168 MIDDLE EAST AND AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 158
TABLE 169 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (KILOTON) 158
TABLE 170 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (USD MILLION) 158
TABLE 171 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (KILOTON) 159
TABLE 172 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (USD MILLION) 159
TABLE 173 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (KILOTON) 160
TABLE 174 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (USD MILLION) 160
TABLE 175 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (KILOTON) 161
TABLE 176 MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (USD MILLION) 161
9.5.2 GCC COUNTRIES 161
9.5.2.1 UAE 162
9.5.2.1.1 Privatization initiatives and infrastructural developments to drive market 162
TABLE 177 UAE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 162
TABLE 178 UAE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 162
TABLE 179 UAE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 163
TABLE 180 UAE: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 163
9.5.2.2 Saudi Arabia 163
9.5.2.2.1 Demand from industrial applications to boost market 163
TABLE 181 SAUDI ARABIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 163
TABLE 182 SAUDI ARABIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 164
TABLE 183 SAUDI ARABIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 164
TABLE 184 SAUDI ARABIA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 164
9.5.2.3 Rest of GCC countries 165
TABLE 185 REST OF GCC COUNTRIES: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 165
TABLE 186 REST OF GCC COUNTRIES: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 165
TABLE 187 REST OF GCC COUNTRIES: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 165
TABLE 188 REST OF GCC COUNTRIES: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 166
9.5.3 ISRAEL 166
9.5.3.1 High investments in advanced aerospace & defense sector to drive market 166
TABLE 189 ISRAEL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 166
TABLE 190 ISRAEL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 167
TABLE 191 ISRAEL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 167
TABLE 192 ISRAEL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 167
9.5.4 SOUTH AFRICA 168
9.5.4.1 Local and international investments to boost market 168
TABLE 193 SOUTH AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 168
TABLE 194 SOUTH AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 168
TABLE 195 SOUTH AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 169
TABLE 196 SOUTH AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 169
9.5.5 REST OF MIDDLE EAST & AFRICA 169
TABLE 197 REST OF MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 169
TABLE 198 REST OF MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 170
TABLE 199 REST OF MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 170
TABLE 200 REST OF MIDDLE EAST & AFRICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 170
9.6 LATIN AMERICA 171
9.6.1 RECESSION IMPACT 171
TABLE 201 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 171
TABLE 202 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 171
TABLE 203 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 172
TABLE 204 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 172
TABLE 205 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (KILOTON) 172
TABLE 206 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2019-2023 (USD MILLION) 173
TABLE 207 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (KILOTON) 173
TABLE 208 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY END-USE INDUSTRY, 2024-2031 (USD MILLION) 173
TABLE 209 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (KILOTON) 174
TABLE 210 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2019-2023 (USD MILLION) 174
TABLE 211 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (KILOTON) 174
TABLE 212 LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY COUNTRY, 2024-2031 (USD MILLION) 175
9.6.2 BRAZIL 175
9.6.2.1 Largest market in Latin America for ceramic matrix composites 175
TABLE 213 BRAZIL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 175
TABLE 214 BRAZIL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 176
TABLE 215 BRAZIL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 176
TABLE 216 BRAZIL: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 176
9.6.3 MEXICO 177
9.6.3.1 Growth of aerospace sector to drive market 177
TABLE 217 MEXICO: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 177
TABLE 218 MEXICO: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 177
TABLE 219 MEXICO: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 178
TABLE 220 MEXICO: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 178
9.6.3.2 Rest of Latin America 178
TABLE 221 REST OF LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (KILOTON) 178
TABLE 222 REST OF LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2019-2023 (USD MILLION) 179
TABLE 223 REST OF LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (KILOTON) 179
TABLE 224 REST OF LATIN AMERICA: CERAMIC MATRIX COMPOSITES MARKET, BY MATRIX TYPE, 2024-2031 (USD MILLION) 179
10 COMPETITIVE LANDSCAPE 180
10.1 INTRODUCTION 180
10.2 KEY PLAYERS' STRATEGIES/RIGHT TO WIN 180
10.2.1 STRATEGIES ADOPTED BY CERAMIC MATRIX COMPOSITE MANUFACTURERS 180
10.3 REVENUE ANALYSIS 182
FIGURE 45 CERAMIC MATRIX COMPOSITES MARKET: REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS 182
10.4 MARKET SHARE ANALYSIS 183
FIGURE 46 SHARES OF TOP COMPANIES IN CERAMIC MATRIX COMPOSITES MARKET 183
TABLE 225 DEGREE OF COMPETITION: CERAMIC MATRIX COMPOSITES MARKET 183
10.4.1 MARKET RANKING ANALYSIS 184
FIGURE 47 RANKING OF TOP FIVE PLAYERS IN CERAMIC MATRIX COMPOSITES MARKET 184
10.5 BRAND/PRODUCT COMPARATIVE ANALYSIS 186
FIGURE 48 BRAND/PRODUCT COMPARATIVE ANALYSIS 186
10.5.1 SIGRASIC 187
10.5.2 CERACOMP 187
10.5.3 CERFACE 187
10.5.4 AX 187
10.5.5 CERABLAK 187
10.6 COMPANY EVALUATION MATRIX 188
10.6.1 STARS 188
10.6.2 PERVASIVE PLAYERS 188
10.6.3 EMERGING LEADERS 188
10.6.4 PARTICIPANTS 188
FIGURE 49 CERAMIC MATRIX COMPOSITES MARKET: COMPANY EVALUATION MATRIX, 2023 189
10.6.5 COMPANY FOOTPRINT 190
10.6.5.1 Company footprint 190
FIGURE 50 COMPANY FOOTPRINT (11 COMPANIES) 190
10.6.5.2 Company region footprint 191
TABLE 226 COMPANY REGION FOOTPRINT (11 COMPANIES) 191
10.6.5.3 Company matrix type footprint 191
TABLE 227 COMPANY MATRIX TYPE FOOTPRINT (11 COMPANIES) 191
10.6.5.4 Company fiber type footprint 192
TABLE 228 COMPANY FIBER TYPE FOOTPRINT (11 COMPANIES) 192
10.6.5.5 Company end-use industry footprint 192
TABLE 229 COMPANY END-USE INDUSTRY FOOTPRINT (11 COMPANIES) 192
10.7 START-UP/SME EVALUATION MATRIX 193
10.7.1 PROGRESSIVE COMPANIES 193
10.7.2 RESPONSIVE COMPANIES 193
10.7.3 DYNAMIC COMPANIES 193
10.7.4 STARTING BLOCKS 193
FIGURE 51 CERAMIC MATRIX COMPOSITES MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2023 194
10.7.5 COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 195
TABLE 230 CERAMIC MATRIX COMPOSITES MARKET: KEY START-UPS/SMES (13 COMPANIES) 195
TABLE 231 CERAMIC MATRIX COMPOSITES MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES(13 COMPANIES) 196
10.8 VALUATION AND FINANCIAL METRICS OF CERAMIC MATRIX COMPOSITE MANUFACTURERS 197
FIGURE 52 EV/EBITDA OF KEY MANUFACTURERS 197
FIGURE 53 YEAR TO DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY MANUFACTURERS 197
10.9 COMPETITIVE SCENARIO AND TRENDS 198
10.9.1 PRODUCT LAUNCHES/DEVELOPMENTS 198
TABLE 232 CERAMIC MATRIX COMPOSITES MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2018-JANUARY 2024 198
10.9.2 DEALS 199
TABLE 233 CERAMIC MATRIX COMPOSITES MARKET: DEALS, JANUARY 2018-JANUARY 2024 199
10.9.3 EXPANSIONS 200
TABLE 234 CERAMIC MATRIX COMPOSITES MARKET: EXPANSION, JANUARY 2020- JANUARY 2024 200
11 COMPANY PROFILES 202
11.1 KEY COMPANIES 202
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
11.1.1 GENERAL ELECTRIC COMPANY 202
TABLE 235 GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW 202
FIGURE 54 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT 203
TABLE 236 GENERAL ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 237 GENERAL ELECTRIC COMPANY: PRODUCT LAUNCHES 204
TABLE 238 GENERAL ELECTRIC COMPANY: EXPANSIONS 204
11.1.2 ROLLS-ROYCE PLC 206
TABLE 239 ROLLS-ROYCE PLC: COMPANY OVERVIEW 206
FIGURE 55 ROLLS-ROYCE PLC: COMPANY SNAPSHOT 207
TABLE 240 ROLLS-ROYCE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 241 ROLLS-ROYCE PLC: DEALS 208
TABLE 242 ROLLS-ROYCE PLC: EXPANSIONS 208
11.1.3 SGL CARBON 210
TABLE 243 SGL CARBON: COMPANY OVERVIEW 210
FIGURE 56 SGL CARBON: COMPANY SNAPSHOT 211
TABLE 244 SGL CARBON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 211
TABLE 245 SGL CARBON: DEALS 212
TABLE 246 SGL CARBON: EXPANSIONS 212
11.1.4 COORSTEK INC. 214
TABLE 247 COORSTEK INC: COMPANY OVERVIEW 214
TABLE 248 COORSTEK INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 214
TABLE 249 COORSTEK INC: EXPANSIONS 215
11.1.5 LANCER SYSTEMS 217
TABLE 250 LANCER SYSTEMS: COMPANY OVERVIEW 217
TABLE 251 LANCER SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
11.1.6 AXIOM MATERIALS 219
TABLE 252 AXIOM MATERIALS: COMPANY OVERVIEW 219
TABLE 253 AXIOM MATERIALS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219
TABLE 254 AXIOM MATERIALS: PRODUCT LAUNCHES 220
TABLE 255 AXIOM MATERIALS: DEALS 220
?
11.1.7 ULTRAMET 222
TABLE 256 ULTRAMET: COMPANY OVERVIEW 222
TABLE 257 ULTRAMET: PRODUCTS/SOLUTIONS/SERVICES OFFERED 222
11.1.8 CFC CARBON COMPANY, LTD. 224
TABLE 258 CFC CARBON COMPANY, LTD.: COMPANY OVERVIEW 224
TABLE 259 CFC CARBON COMPANY, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 224
11.1.9 SPIRIT AEROSYSTEMS, INC. 226
TABLE 260 SPIRIT AEROSYSTEMS, INC.: COMPANY OVERVIEW 226
FIGURE 57 SPIRIT AEROSYSTEMS, INC.: COMPANY SNAPSHOT 226
TABLE 261 SPIRIT AEROSYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 227
11.1.10 COIC 229
TABLE 262 COIC: COMPANY OVERVIEW 229
TABLE 263 COIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 229
11.1.11 APPLIED THIN FILMS, INC. 231
TABLE 264 APPLIED THIN FILMS, INC.: COMPANY OVERVIEW 231
TABLE 265 APPLIED THIN FILMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 231
11.2 OTHER PLAYERS 232
11.2.1 PRECISION CASTPARTS CORPORATION 232
TABLE 266 PRECISION CASTPARTS CORPORATION: COMPANY OVERVIEW 232
11.2.2 STAR FIRE SYSTEMS INC 232
TABLE 267 STARFIRE SYSTEMS INC: COMPANY OVERVIEW 232
11.2.3 PYROMERAL SYSTEMS 233
TABLE 268 PYROMERAL SYSTEMS: COMPANY OVERVIEW 233
11.2.4 ZIRCAR ZIRCONIA 233
TABLE 269 ZIRCAR ZIRCONIA: COMPANY OVERVIEW 233
11.2.5 UNITED COMPOSITES B.V. 234
TABLE 270 UNITED COMPOSITES B.V.: COMPANY OVERVIEW 234
11.2.6 TOUCHSTONE ADVANCED COMPOSITES 234
TABLE 271 TOUCHSTONE ADVANCED COMPOSITE.: COMPANY OVERVIEW 234
11.2.7 BJS CERAMICS GMBH 235
TABLE 272 BJS CERAMICS GMBH: COMPANY OVERVIEW 235
11.2.8 WPX FASERKERAMIK GMBH 235
TABLE 273 WPX FASERKERAMIK GMBH: COMPANY OVERVIEW 235
11.2.9 KERAMIKBLECH 236
TABLE 274 KERAMIKBLECH: COMPANY OVERVIEW 236
11.2.10 MORGAN ADVANCE MATERIAL 236
TABLE 275 MORGAN ADVANCED MATERIAL: COMPANY OVERVIEW 236
11.2.11 KYOCERA CORPORATION 237
TABLE 276 KYOCERA CORPORATION: COMPANY OVERVIEW 237
11.2.12 TOUCHSTONE ADVANCE COMPOSITE 237
TABLE 277 TOUCHSTONE ADVANCE COMPOSITE: COMPANY OVERVIEW 237
11.2.13 UBE CORPORATION 238
TABLE 278 UBE CORPORATION: COMPANY OVERVIEW 238
11.2.14 SCHUNK CARBON COMPOSITE 238
TABLE 279 SCHUNK CARBON COMPOSITE: COMPANY OVERVIEW 238
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
12 APPENDIX 239
12.1 DISCUSSION GUIDE 239
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 242
12.3 CUSTOMIZATION OPTIONS 244
12.4 RELATED REPORTS 244
12.5 AUTHOR DETAILS 245
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.