SiC Fibers Market - Trends Forecast Till 2028

SiC Fibers Market, By Type (First, Second, and Third Generation), Form (Continuous, Woven, Others), Phase (Amorphous, Crystalline, Usage (Composites, Non-Composites), End-Use Industry and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: April, 2021

Base Year Estimate: 2020

Report ID: D-CM-SFM-143

Format:  

Number of Pages: 348

Domain: Chemicals & Materials

SiC Fibers Market – Trends Forecast Till 2028

Global SiC Fibers market is anticipated to reach USD 391.7 million in 2021 growing at a CAGR of 28.2% during the forecasting period, 2021-2028.

Silicon Carbide (SiC) fibers are made of silicon carbide and have a size which range between 5 – 150 micrometre. They have low weight and have higher tensile strength and chemical resistance. They are able to withstand higher temperature. It can be manufactured using various processes like Yajima process, using gas phase chemical vapour deposition, Laser driven CVD being the latest one.

Due to a surge in production of LEAP engine along with an increased demand for fuel efficient aircraft are some of the factors that have supported long-term expansion for SiC Fibers industry.

SiC Fibers Market Analysis

Global SiC Fibers market is segmented into Type, Form, Phase, End-Use Industry and geography.

Type segment is segmented into First, Second, and Third Generation

Form segment is segmented into Continuous, Woven, Others

End-User segment is segmented into Amorphous, Crystalline, Usage (Composites, Non-Composites)

Geographically, global SiC Fibers market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Key players in global SiC Fibers market are Ube Industries, Ltd. (Japan), NGS Advanced Fiber Co. Ltd. (Japan), Suzhou Saifei Group Co., Ltd. (China), Haydale Technologies Inc. (US), MATECH (US), Specialty Materials, Inc. (US), and COI Ceramics, Inc. (US). GE Aviation (US), Ningbo Zhongxing New Materials Co.Ltd. (China), and BJS Ceramics GmbH (Germany) among others.

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conference like Jefferies conference)—to identify and collect information useful for this study of the SiC Fibers market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global SiC Fibers market. Through secondary the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the SiC Fibers market.

Primary Respondent breakdown is given below:

SiC Fibers Market Primary Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validating the total revenue of the SiC Fibers market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact primary respondent in order to gain 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for SiC Fibers market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 391.7 million

Growth Rate

CAGR of 28.2% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Type, Form, Phase, End-Use Industry and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Ube Industries, Ltd. (Japan), NGS Advanced Fiber Co. Ltd. (Japan), Suzhou Saifei Group Co., Ltd. (China), Haydale Technologies Inc. (US), MATECH (US), Specialty Materials, Inc. (US), and COI Ceramics, Inc. (US). GE Aviation (US), Ningbo Zhongxing New Materials Co.Ltd. (China), and BJS Ceramics GmbH (Germany)

Available Customization

In addition to the market data for SiC Fibers market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

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