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Report
SiC Fibers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 140 Pages I IMARC Group
The global SiC fibers market size reached US$ 689.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,222.1 Million by 2028, exhibiting a growth rate (CAGR) of 9.5% during 2023-2028.
Silicon carbide (SiC) fiber is a high-performance ceramic material that improves mechanical parts and extends the lifespan of different products. It is widely utilized in the fabrication of ceramic brake discs for sports cars. Apart from this, it is employed in the aerospace industry for turbine engines, nozzles, propulsion units and combustor liners as SiC contributes to environment sustainability by increasing fuel efficiency and lowering carbon dioxide (CO2) and nitrogen dioxide (NO2) emissions. As it also offers various advantages, such as high thermal and corrosion resistance, limited thermal expansion, high melting point, low density, excellent shock resistance, and strong tensile strength, the demand for SiC is rising around the world.
SiC Fibers Market Trends:
At present, there is an increase in the demand for SiC fibers in nuclear power plants due to their high tolerance to heat and radiation. This, along with the growing employment of SiC fibers in the hot section elements of next-generation gas turbines, is driving the market. In addition, SiC fibers are used in vanes, thermal protection systems (TPS), thruster nozzles, and turbo pump components of space vehicles, which are offering lucrative growth opportunities to key players operating in the industry. Besides this, governments of several countries are extensively investing in research and development (R&D) activities for making SiC fibers more effective in high temperatures. This, coupled with the escalating demand for enhanced materials to instruct complex shapes in the defense industry, is strengthening the growth of the market. Furthermore, automobile manufacturers worldwide are considerably focusing on the utilization of SiC fibers in future engine models, which is projected to propel the market growth in the forecasted period.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global SiC fibers market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form, phase, usage and application.
Breakup by Type:
First Generation
Second Generation
Third Generation
Breakup by Form:
Continuous
Woven
Others
Breakup by Phase:
Crystalline
Amorphous
Breakup by Usage:
Composites
Non-Composites
Breakup by Application:
Aerospace and Defense
Energy and Power
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Ceramic Fibers LLC, American Elements, BJS Ceramics GmbH, Compagnie de Saint-Gobain S.A., GE Aviation (General Electric Company), Haydale Graphene Industries Plc, NGS Advanced Fibers Co. Ltd., SGL Carbon SE, Specialty Materials Inc., Stanford Advanced Materials, Suzhou Saifei Group Co. Ltd., TISICS Limited and Ube Industries Ltd.
Key Questions Answered in This Report:
How has the global SiC fibers market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global SiC fibers market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the form?
What is the breakup of the market based on the phase?
What is the breakup of the market based on the usage?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global SiC fibers market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global SiC Fibers Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 First Generation
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Second Generation
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Third Generation
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Form
7.1 Continuous
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Woven
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Phase
8.1 Crystalline
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Amorphous
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Usage
9.1 Composites
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Non-Composites
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Application
10.1 Aerospace and Defense
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Energy and Power
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Others
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Advanced Ceramic Fibers LLC
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 American Elements
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 BJS Ceramics GmbH
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Compagnie de Saint-Gobain S.A.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 GE Aviation (General Electric Company)
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 Haydale Graphene Industries Plc
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.7 NGS Advanced Fibers Co. Ltd.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 SGL Carbon SE
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 Specialty Materials Inc.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Stanford Advanced Materials
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Suzhou Saifei Group Co. Ltd.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12 TISICS Limited
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13 Ube Industries Ltd.
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
Figure 1: Global: SiC Fibers Market: Major Drivers and Challenges
Figure 2: Global: SiC Fibers Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: SiC Fibers Market: Breakup by Type (in %), 2022
Figure 5: Global: SiC Fibers Market: Breakup by Form (in %), 2022
Figure 6: Global: SiC Fibers Market: Breakup by Phase (in %), 2022
Figure 7: Global: SiC Fibers Market: Breakup by Usage (in %), 2022
Figure 8: Global: SiC Fibers Market: Breakup by Application (in %), 2022
Figure 9: Global: SiC Fibers Market: Breakup by Region (in %), 2022
Figure 10: Global: SiC Fibers (First Generation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: SiC Fibers (First Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: SiC Fibers (Second Generation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: SiC Fibers (Second Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: SiC Fibers (Third Generation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: SiC Fibers (Third Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: SiC Fibers (Continuous) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: SiC Fibers (Continuous) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: SiC Fibers (Woven) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: SiC Fibers (Woven) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: SiC Fibers (Other Forms) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: SiC Fibers (Other Forms) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: SiC Fibers (Crystalline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: SiC Fibers (Crystalline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: SiC Fibers (Amorphous) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: SiC Fibers (Amorphous) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: SiC Fibers (Composites) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: SiC Fibers (Composites) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: SiC Fibers (Non-Composites) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: SiC Fibers (Non-Composites) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: SiC Fibers (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: SiC Fibers (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: SiC Fibers (Energy and Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: SiC Fibers (Energy and Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: SiC Fibers (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: SiC Fibers (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: SiC Fibers Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: SiC Fibers Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: SiC Fibers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: SiC Fibers Industry: SWOT Analysis
Figure 86: Global: SiC Fibers Industry: Value Chain Analysis
Figure 87: Global: SiC Fibers Industry: Porter's Five Forces Analysis
Table 1: Global: SiC Fibers Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: SiC Fibers Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: SiC Fibers Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 4: Global: SiC Fibers Market Forecast: Breakup by Phase (in Million US$), 2023-2028
Table 5: Global: SiC Fibers Market Forecast: Breakup by Usage (in Million US$), 2023-2028
Table 6: Global: SiC Fibers Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 7: Global: SiC Fibers Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: SiC Fibers Market: Competitive Structure
Table 9: Global: SiC Fibers Market: Key Players
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