SiC Fibers Market worth $1,262 million by 2025 - Exclusive Report by MarketsandMarkets 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 Region - Global Forecast to 2025
, published by MarketsandMarkets, the global SiC Fibers Market is expected to grow from USD 382 million in 2020 to USD 1,262 million by 2025, at a CAGR of 27.0% during the forecast period. Increasing demand from aircraft and land-based gas turbine engine manufacturers is driving the growth of the market.
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First generation fibers account for the largest share in terms of volume.
First generation fibers account for the largest share in terms of volume.
First generation SiC fibers account for the largest share in the global SiC fibers market in terms of volume. First generation SiC Fibers are the most primitive ones that are polymer derived. These fibers have high oxygen and carbon content and can withstand temperatures 2,3720F. These are less expensive when compared with second and third generation SiC fibers.
Continuous form account for the largest market share in the global SiC Fibers market in terms of value and volume
The continuous form of SiC fibers is compatible with PMCs, CMCs, and MMCs. The continuous SiC fiber form has excellent temperature, oxidation, and creep failure resistance. The majority of the SiC fiber manufacturers supply SiC fibers in the continuous form.