Silicon Carbide (SiC) Fibers Market is expected to grow from US$ 450.93 million in 2021 to US$ 1,243.90 million by 2028; it is estimated to grow at a CAGR of 18.5% from 2022 to 2028.
New York, Dec. 15, 2022 (GLOBE NEWSWIRE) -- The Insight Partners published latest research study Silicon (SiC) Fibers Market to 2028 – Global Analysis and Forecast – by Form (Continuous, Woven Cloth, and Others), Usage (Composites and Non-Composites), End-Use Industry (Aerospace & Defense, Energy & Power, Industrial, and Others), and Geography. The projected growth of the market is attributed to the growing demand for SiC fibers from various end-use industries and higher temperature stability compared to their substitutes. Heating Rod Element
Download Sample PDF Brochure of SiC Fibers Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at: https://www.theinsightpartners.com/sample/TIPRE00006810/
SiC Fibers Market - Strategic Insights –
No. of chart and figures
Form, Usage and End Use Industry
North America; Europe; Asia Pacific; Latin America; MEA
US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Global Market Assessment, Business Development Strategies, Competitive Landscape, Opportunity Analysis, Regional and Country Level Market Analysis, Market Entry Strategies, Market Dynamics, Risk and Return Assessments, Pricing Analysis, Market Size and Forecasting, Company Profiling, Value Chain Analysis, Expansion Strategies, SWOT Analysis, New Product Development
Request customized purchase options to meet your research needs.
SiC Fibers Market: Competition Landscape
Players operating in the SiC fibers market include American Elements; BJS Ceramics GmbH; COI Ceramics, Inc; General Electric Company; Haydale Technologies Inc.; Matech; NGS Advanced Fibers Co., Ltd.; Specialty Materials, Inc.; Suzhou Saifei Group Co., Ltd; and Ube Industries, Ltd. Market players are focusing on research & development activities and new product launches for providing high-quality products to fulfill customer demand.
In 2019, BJS Ceramics GmbH received EU Funding for its “Silicon-Carbide-Fiber Pilot-Production in Europe” (SPE)-Project.
In 2018, Haydale Technologies announced an expansion to its portfolio of quality products. Haydale Technologies planned to offer ultrahigh-purity silicon carbide particulate in various sizes.
Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPRE00006810/
In 2021, North America held the largest share of the SiC fibers market. The market in this region is mainly driven by the demand generated by industries such as energy & power, aerospace, and chemical manufacturing. The US is a major market for SiC fibers, and the power generation, aerospace & defense, and energy industries are the prime contributors to the market in this country. The aerospace and power generation industries have been the largest consumers of SiC fibers in the US. Canada has one of the fastest-growing aircraft industries. The need for advanced materials and improved efficiency in aircraft operations with the growing demand for fuel-efficient aircraft is boosting the SiC fibers market growth in Canada. Moreover, the growing demand for fuel-efficient aircraft is expected to lead to the growth of the market. Furthermore, SiC fibers are increasingly being used in power generation sector. Thus, the growth of the aerospace and defense, energy and power, industrial and other industries is expected to lead to the SiC fibers market growth in the region.
The demand for SiC fibers is increasing in various industries. SiC fibers are the materials of choice in applications involving extreme mechanical loads and temperatures, wherein metallic or intermetallic materials cannot be used. Another most significant application field of silicon carbide composites relates to the manufacturing of such materials in spacecraft, which could possess lightweight and thermo-mechanical properties at the same time and could bear high temperatures.
Speak to Research Expert: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00006810
They are also used to manufacture thruster nozzles, reusable rocket nozzles, thermal protection systems, and turbo pump components for space vehicles. In the power generation industry, SiC fibers are used to manufacture land-based gas turbine engines, radiation blankets, furnaces, and components. Low weight, high strength, and ability to withstand extreme temperatures (e.g., in land-based gas turbine engines) are among the properties that contribute to the compatibility of SiC fibers with power generation operations. They are also used in the production of preheaters, recuperators, and radiant tubes meant for applications in the heat transfer industry.
Based on form, the SiC fibers market is segmented into continuous, woven cloth, and others. The continuous segment held the largest market share in 2021. Continuous SiC fibers are widely used in the nuclear environment due to their chemical stability, sturdiness, and relatively low neutron absorption. Moreover, mature fabrication technology available for these fibers make their use more convenient in nuclear operations. Continuous SiC fibers also possess excellent electronic properties too.
Based on end-use industry, the SiC fibers market is segmented into aerospace & defense, energy & power, industrial, and others. The aerospace & defense segment held the largest market share in 2021. The use of SiC fibers has also revolutionized the aerospace & defense industry. The SiC fibers composite materials provide high-performance and lightweight features to meet rigorous industry standards. The use of SiC fibers also contributes to reduction in fuel consumption and decrease in aircraft weight. SiC fibers find applications in advanced aircraft LEAP engines, which demand higher thermodynamic efficiencies and endurance in high temperature conditions. The SiC fibers composites also provide durability and toughness to the aircraft.
Quickly Purchase Premium Copy of the SiC Fibers Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPRE00006810/
Silicon carbide fiber is a high-performance ceramic material with carbon and silicon as the main components. The major characteristics of silicon carbide fibers include high-temperature oxidation resistance, high hardness, high strength, high thermal stability, corrosion resistance, and low density. Silicon carbide fibers can deliver better performance than carbon fibers in extreme conditions. With such performance benefits, these fibers have attracted much attention in high-tech fields such as aerospace, and military weapon and equipment manufacturing. It is also commonly used as high-temperature resistant material and reinforcement material. Further, owing to developments in manufacturing technologies, the application of silicon carbide fibers is gradually extended to advanced sports equipment manufacturing, automobile waste gas dust collection, and so on.
Silicon carbide fibers provide a high strength-to-weight ratio in comparison to other several high-performance fibers. They exhibit superior performance under extreme temperature conditions. Silicon carbide fiber composites exhibit superior characteristics compared to monolithic composites and super metallic alloys. Silicon carbide fiber-reinforced composites incorporate low thermal permeability & conductivity, and they can be used in specific temperature, stress, and environmental conditions. A resultant increase in the use of silicon carbide fibers in several industries is gradually triggering the phasing out of metal alloys. This is diving the SiC fibers market growth.
Browse Other Related Research Reports from The Insight Partners –
Advanced Ceramics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material (Alumina, Zirconia, Titanate, Silicon Carbide, Others); Application (Monolithic Ceramics, Ceramic Coatings, Ceramic Composites, Ceramic Filters, Others); End Use Industry (Electrical and Electronics, Transportation, Medical, Defense and Security, Environmental, Chemical, Others) and Geography
Metal Matrix Composites Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Aluminum, Nickel, Refractory, Others); End Use (Ground Transportation, Electronics/Thermal Management, Aerospace, Others) and Geography
Ceramic Matrix Composites Market to 2027 - Global Analysis and Forecast by Product (Oxides/Oxide, Silicon Carbide/ Silicon Carbide, Carbon/ Silicon Carbide, Carbon/ Carbon); End-use Industry (Aerospace & Defense, Energy and Power, Automotive, Industrial, Others) and Geography
Ceramic Fiber Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type [Refractory Ceramic Fiber (RCF), Alkaline Earth Silicate (AES) Wool, and Others], Product (Blanket, Module, Board, Paper, and Others), and End Use (Iron and Steel, Refining and Petrochemical, Power Generation, Aluminum, and Others)
Ceramic Adhesives Market to 2027 - Global Analysis and Forecasts By Type (Cement-based, Epoxy, Acrylic, Others), by Applications (Building & Construction, Dental, Others), and Geography
Thermal Ceramic Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Ceramic Fibers, Insulation Bricks); Temperature (1, 400 to 1, 600C, 1, 000 to 1, 400C, 650 to 1, 000C); Application (Mining and Metal Processing, Chemical and Petrochemical, Manufacturing, Power Generation, Others) and Geography
Biocomposites Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Fiber (Wood Fiber Composite and Non-Wood Fiber Composite), Product (Hybrid Composite and Green Composite), and End-Use Industry (Building & Construction, Automotive, Consumer Goods, and Others)
Carbon Composites Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Matrix (Carbon, Thermoplastic, Ceramic, and Others), Application (Automotive, Aerospace & Defense, Marine Industry, Wind Turbines, Sports, and Others), and Geography
Ceramic Textile Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Fiber Type (Vitreous Alumina-Silica Ceramic Fiber, Polycrystalline Ceramic Fiber); Form Type (Cloth , Ropes , Tapes , Sleeving , Braids , Others); End-Use Industry (Industrial , Transportation) and Geography
Metal Coated Fibers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material (Aluminum, Copper, Nickel, and Others), Coating Method (Freezing Method, Electroplating, Electroless Plating, and Others), and End-Use (Oil and Gas, Defense and Aerospace, Medical, Telecommunication and Data Centers, Research and Development, and Others)
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
If you have any queries about this report or if you would like further information, please contact us:
Press Release: https://www.theinsightpartners.com/pr/sic-fibers-market
Furnace Heating Element Industry Research: https://www.theinsightpartners.com/categories/chemicals-and-materials