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Ceramic Matrix Composites Market Industry Analysis and Detailed Profiles of top Industry Players – Kentucky Journal 24


By TMR Research on May 4, 2021
The global ceramic matrix composites market was valued at US$ 4,857.6 million in 2018 and is projected to reach US$ 11,516.1 million by 2026, growing at a CAGR of 11.4% from 2019 to 2026.
Ceramic matrix composites are a subgroup of composite materials and ceramics, which are applicable in brake systems of automobiles due to their low weight, high friction, and temperature-resistant properties. Rapid development of the automotive sector, increase in expenditure power, and surge in demand for automobiles from consumers are expected to drive the growth of the global ceramic matrix composites market.
However, high cost of ceramic matrix composite as compared to other metal alloys is expected to hamper the growth of the global ceramic matrix composites market. Conversely, incorporation of low coat production technologies is anticipated to offer lucrative growth opportunities in the near future. ....

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Ceramic Textile Market Size Forecast to Reach Around $200 Million by 2025


Ceramic Textile Market Size Forecast to Reach Around $200 Million by 2025
The Availability of Glass Fabrics as an Alternative Material Acts as a Restraining Factor for the Growth of Ceramic Textile Market
BriefingWire.com, 1/03/2021 -
The Global Ceramic Textile Market size is forecast to reach around $200 million by 2025, after growing at a CAGR of 8% during 2020-2025. The demand for Ceramic Textile is growing due to its superior mechanical properties that meet today’s most demanding thermal, mechanical, and electrical performance requirements across various applications. The ceramic offers various benefits such as reduced optical loss, better durability, and improved reliability, that makes it as a useful product across defence, automotive, and electric and electronics sectors. ....

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