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Report
United States Silicon Carbide (Sic) Fiber Market Forecast 2024-2032
Market Report I 2024-02-23 I 155 Pages I Inkwood Research
KEY FINDINGS
In terms of revenue, the United States silicon carbide (SiC) fiber market is forecasted to progress with a CAGR of 24.88% over the forecast period of 2024-2032. Moreover, in terms of volume, the United States silicon carbide (SiC) fiber market is estimated to develop with a CAGR of 22.41% during the forecast period. The market growth is boosted by different factors, incorporating the silicon carbide (SiC) fibers driving efficiency across industries, rising demand for SiC fibers in the era of Industry 4.0, increasing utilization of silicon carbide fibers as reinforcement, and the growing investments in high-temperature fiber-based composites.
MARKET INSIGHTS
The United States silicon carbide (SiC) fiber market has witnessed developing growth fueled by the elevating demand for high-performance materials in various industries. SiC fibers are known for their exceptional mechanical properties, such as high strength, excellent heat resistance, and low thermal expansion. These characteristics make them ideal for applications in aerospace, defense, and industrial sectors, where lightweight and durable materials are necessary. The growing emphasis on energy-efficient and sustainable solutions has further stimulated the adoption of SiC fibers in emerging technologies like electric vehicles and renewable energy systems.
Moreover, the United States is a space for technological innovation, with ongoing research and development activities contributing to advancements in SiC fiber manufacturing processes. This has led to improvements in production efficiency and cost-effectiveness, making SiC fibers more accessible to a broader range of industries. The increasing focus on enhancing the performance and efficiency of fiber type products is expected to promote sustained growth in the silicon carbide (SiC) fiber market.
However, challenges such as the high production cost and limited commercial availability of SiC fibers may put obstacles to market expansion. Despite these challenges, the United States silicon carbide (SiC) fiber market remains set for growth driven by the continuous undertaking of technological advancements. The increasing recognition of SiC fibers as an integral component in the development of high-performance, durable materials for diverse applications.
COMPETITIVE INSIGHTS
Some of the major companies in the United States silicon carbide (SiC) fiber market include American Elements, Specialty Materials Inc, GE Aviation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. COUNTRY SNAPSHOT
2.3. COUNTRY ANALYSIS
2.4. SCOPE OF STUDY
2.5. CRISIS SCENARIO ANALYSIS
2.6. MAJOR MARKET FINDINGS
2.6.1. CONTINUOUS SILICON CARBIDE (SIC) FIBERS ARE MAJORLY USED SIC FIBER TYPE
2.6.2. COMPOSITE SILICON CARBIDE (SIC) USAGES ARE GAINING TRACTION
2.6.3. SILICON CARBIDE (SIC) FIBERS ARE INCREASINGLY USED IN INDUSTRIAL APPLICATIONS
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. SILICON CARBIDE (SIC) FIBERS DRIVING EFFICIENCY ACROSS INDUSTRIES
3.1.2. RISING DEMAND FOR SIC FIBERS IN THE ERA OF INDUSTRY 4.0
3.1.3. INCREASING UTILIZATION OF SILICON CARBIDE FIBERS AS REINFORCEMENT
3.1.4. GROWING INVESTMENTS IN HIGH-TEMPERATURE ENGINE MANUFACTURING USING SILICON CARBIDE FIBER-BASED COMPOSITES
3.2. KEY RESTRAINTS
3.2.1. HIGH COST OF SILICON CARBIDE (SIC) FIBER
3.2.2. HEALTH AND REGULATORY CHALLENGES IN SIC FIBER MANUFACTURING
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.1.1. INCORPORATING SILICON CARBIDE INTO ELECTRONICS
4.1.2. UTILIZING SILICON CARBIDE FIBERS IN ENERGY AND RENEWABLE SECTORS
4.1.3. ADOPTION OF TEMPERATURE RESISTANCE FIBERS
4.2. PESTLE ANALYSIS
4.2.1. POLITICAL
4.2.2. ECONOMICAL
4.2.3. SOCIAL
4.2.4. TECHNOLOGICAL
4.2.5. LEGAL
4.2.6. ENVIRONMENTAL
4.3. PORTER'S FIVE FORCES ANALYSIS
4.3.1. BUYERS POWER
4.3.2. SUPPLIERS POWER
4.3.3. SUBSTITUTION
4.3.4. NEW ENTRANTS
4.3.5. INDUSTRY RIVALRY
4.4. MARKET CONCENTRATION ANALYSIS
4.5. VALUE CHAIN ANALYSIS
4.5.1. RAW MATERIAL SUPPLIERS
4.5.2. SIC FIBER MANUFACTURERS
4.5.3. DISTRIBUTORS AND WHOLESALERS
4.5.4. END-USERS
4.5.5. AFTERMARKET SERVICES
4.5.6. RECYCLING
5. MARKET BY FIBER TYPE (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: TONS)
5.1. CONTINUOUS
5.1.1. MARKET FORECAST FIGURE
5.1.2. SEGMENT ANALYSIS
5.2. WOVEN
5.2.1. MARKET FORECAST FIGURE
5.2.2. SEGMENT ANALYSIS
5.3. OTHER FIBER TYPES
5.3.1. MARKET FORECAST FIGURE
5.3.2. SEGMENT ANALYSIS
6. MARKET BY USAGE (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: TONS)
6.1. COMPOSITE
6.1.1. MARKET FORECAST FIGURE
6.1.2. SEGMENT ANALYSIS
6.2. NON-COMPOSITE
6.2.1. MARKET FORECAST FIGURE
6.2.2. SEGMENT ANALYSIS
7. MARKET BY APPLICATION (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: TONS)
7.1. AEROSPACE & DEFENSE
7.1.1. MARKET FORECAST FIGURE
7.1.2. SEGMENT ANALYSIS
7.2. ENERGY AND POWER
7.2.1. MARKET FORECAST FIGURE
7.2.2. SEGMENT ANALYSIS
7.3. INDUSTRIAL
7.3.1. MARKET FORECAST FIGURE
7.3.2. SEGMENT ANALYSIS
7.4. OTHER APPLICATIONS
7.4.1. MARKET FORECAST FIGURE
7.4.2. SEGMENT ANALYSIS
8. COMPETITIVE LANDSCAPE
8.1. KEY STRATEGIC DEVELOPMENTS
8.1.1. MERGERS & ACQUISITIONS
8.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
8.1.3. PARTNERSHIPS & AGREEMENTS
8.1.4. BUSINESS EXPANSIONS & DIVESTITURES
8.2. COMPANY PROFILES
8.2.1. AMERICAN ELEMENTS
8.2.1.1. COMPANY OVERVIEW
8.2.1.2. PRODUCT LIST
8.2.1.3. STRENGTHS & CHALLENGES
8.2.2. COI CERAMICS INC
8.2.2.1. COMPANY OVERVIEW
8.2.2.2. PRODUCT LIST
8.2.2.3. STRENGTHS & CHALLENGES
8.2.3. FREE FORM FIBERS
8.2.3.1. COMPANY OVERVIEW
8.2.3.2. PRODUCT LIST
8.2.3.3. STRENGTHS & CHALLENGES
8.2.4. GE AVIATION
8.2.4.1. COMPANY OVERVIEW
8.2.4.2. PRODUCT LIST
8.2.4.3. STRENGTHS & CHALLENGES
8.2.5. MATECH GSM
8.2.5.1. COMPANY OVERVIEW
8.2.5.2. PRODUCT LIST
8.2.6. SPECIALTY MATERIALS INC
8.2.6.1. COMPANY OVERVIEW
8.2.6.2. PRODUCT LIST
8.2.6.3. STRENGTHS & CHALLENGES
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - SILICON CARBIDE (SIC) FIBER
TABLE 2: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY FIBER TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY FIBER TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 4: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY FIBER TYPE, HISTORICAL YEARS, 2018-2022 (IN TONS)
TABLE 5: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY FIBER TYPE, FORECAST YEARS, 2024-2032 (IN TONS)
TABLE 6: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY USAGE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY USAGE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 8: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY USAGE, HISTORICAL YEARS, 2018-2022 (IN TONS)
TABLE 9: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY USAGE, FORECAST YEARS, 2024-2032 (IN TONS)
TABLE 10: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 12: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN TONS)
TABLE 13: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN TONS)
TABLE 14: LIST OF MERGERS & ACQUISITIONS
TABLE 15: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 16: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 17: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: MARKET CONCENTRATION ANALYSIS
FIGURE 4: SUPPLY CHAIN ANALYSIS
FIGURE 5: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, GROWTH POTENTIAL, BY FIBER TYPE, IN 2023
FIGURE 6: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY CONTINUOUS, 2024-2032 (IN $ MILLION)
FIGURE 7: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY WOVEN, 2024-2032 (IN $ MILLION)
FIGURE 8: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY OTHER FIBER TYPES, 2024-2032 (IN $ MILLION)
FIGURE 9: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, GROWTH POTENTIAL, BY USAGE, IN 2023
FIGURE 10: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY COMPOSITE, 2024-2032 (IN $ MILLION)
FIGURE 11: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY NON-COMPOSITE, 2024-2032 (IN $ MILLION)
FIGURE 12: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023
FIGURE 13: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY AEROSPACE & DEFENSE, 2024-2032 (IN $ MILLION)
FIGURE 14: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY ENERGY AND POWER, 2024-2032 (IN $ MILLION)
FIGURE 15: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY INDUSTRIAL, 2024-2032 (IN $ MILLION)
FIGURE 16: UNITED STATES SILICON CARBIDE (SIC) FIBER MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)
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