SiC Fibers Market Key Findings by 2031
The SiC fibers market size is expected to grow from US$ 450.93 million in 2021 to US$ 1,243.90 million by 2031; it is estimated to grow at a CAGR of 18.5% from 2022 to 2031.
SiC fibers are primarily composed of silicon carbide molecules, generally ranging from 5 μm to 50 μm in diameter. High temperature capability, lower thermal expansion, lower density, higher oxidative durability, lower permeability, low weight, greater strength, and better thermal conductivity are the key properties of SiC fibers that contribute to their popularity in the aerospace & defense, energy & power, and industrial sectors. As compared with carbon fiber, silicon carbide fiber maintains good performance under extreme conditions. Owing to its good performance, it has attracted huge attention in high-tech fields such as aerospace, military weapons and equipment, and it is commonly used as high-temperature resistant material and reinforcement material. SiC fibers are highly used in high-performance ceramic matrix or metal matrix composites. Common silicon carbide metal matrix composites include silicon carbide reinforced aluminum matrix composites, silicon carbide reinforced titanium matrix composites, silicon carbide reinforced magnesium matrix composites, silicon carbide reinforced copper matrix composites, etc. Silicon carbide can tolerate heat and radiation in nuclear power plants due to features such as strong tensile strength and limited thermal expansion.
In 2021, North America held the largest revenue share of the global SiC fibers market. The market in this region is segmented into countries such as the US, Canada, and Mexico; the US is a significant contributor to the regional market. The SiC fiber market growth in North America is mainly attributed to their use in industries such as energy & power, aerospace, chemical manufacturing, and power generation and nuclear power generation. Moreover, these fibers are being used in commercial and military aircraft engines. Many domestic and international companies have a strong foothold in North America. These companies are striving to bring innovations in their products, along with improving their characteristics and quality.
Strategic Insights
Market Insights
Growing Demand from Various Industries Fuels SiC Fibers Market
SiC fibers are ideal for applications in industries such as aerospace & defense, power & energy, chemicals, and automotive owing to their properties such as high strength, low weight, high temperature-stability, and oxidation and corrosion resistance. The aircraft manufacturers are constantly focused on improving the performance of their commercial and military aircraft models, which indicates the demand for high-performance structural materials. Superior physical properties and stiffness-to-density ratios, coupled with exceptional strength, have also contributed to the acceptance of these materials in the aviation and aerospace industries. Further, SiC fibers are being used in the power generation industry in the manufacturing of land-based gas turbine engines, radiation blankets, furnaces, and components and other materials. They are also used as a key component in reactors, heat exchangers, reformers, and filters in the chemicals industry. Moreover, they are also used in the production of preheaters, recuperators, and radiant tubes in the heat transfer industry. Thus, the growing user base is boosting the demand for SiC fibers.
Form Insights
Based on form, the global market is segmented into continuous, woven cloth, and others. The SiC fibers market share for the continuous form segment was largest in 2021. SiC continuous fibers are highly used in aerospace applications, weaponry, and nuclear environments. The continuous fibers exhibit high corrosion and heat resistance, and high strength. Continuous SiC fibers are developed as the reinforcement of ceramic matrix composites for high-temperature structural applications. The continuous SiC fibers contain fine filaments of ultrafine ß-SiC crystals that are responsible for their strong particle bonding.
Usage Insights
Based on usage, the SiC fibers market is segmented into composites and non-composites. The SiC fibers market share for the composites segment was largest in 2021. The composites usage comprises of ceramic matrix composites (CMC), polymer matrix composites (PMC) and metal matrix composites (MMC). The ceramic matrix composite is a system of materials that are made of ceramic fibers or materials available in a ceramic matrix phase.
Key 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. Players operating in the SiC fibers market are focusing on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research & development activities and new product launches.
Report Spotlights
- Progressive industry trends in the SiC fibers market to help players develop effective long-term strategies
- Business growth strategies adopted by companies developed and developing markets
- Quantitative analysis of the SiC fibers industry from 2021 to 2031
- Estimation of global demand for SiC fibers
- PEST analysis for each region
- Recent developments to understand the competitive market scenario
- Market trends, and factors driving and restraining the SiC fibers market growth
- Assistance in decision-making process by highlighting market strategies that underpin commercial interest
- SiC fibers market size at various nodes
- Detailed market overview and segmentation, and the SiC fibers industry dynamics
- Size of the SiC fibers market in various regions with promising growth opportunities
SiC Fibers Market
The global market, by form, is segmented into continuous, woven cloth, and others. Based on usage, the market is bifurcated into composites and non-composites. The SiC fibers market, based on end-use industry, is categorized into aerospace & defense, energy & power, industrial, and others.
Company Profiles
- 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
- Ube Industries, Ltd.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Form, Usage, and End-Use Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Scope Of The Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SiC Fibers Market, by Form
1.3.2 SiC Fibers Market, by Usage
1.3.3 SiC Fibers Market, by End-Use Industry
1.3.4 SiC Fibers Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SiC Fibers Market Landscape
4.1 Market Overview
4.2 Pest Analysis
4.2.1 PEST Analysis: North American SiC Fibers Market
4.2.2 PEST Analysis: Europe SiC Fibers Market
4.2.3 PEST Analysis: APAC SiC Fibers Market
4.2.4 PEST Analysis: RoW SiC Fibers Market
4.3 Expert Opinions
5. SiC Fibers Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Growing Demand from Various End-Use Industries
5.1.2 Higher Temperature Stability in Comparison to Substitutes
5.2 Key Market Restraints
5.2.1 High Cost Associated With SiC Fibers
5.3 Key Market Opportunities
5.3.1 Growing Demand of SiC Fibers from Nuclear Industry
5.4 Future Trends
5.4.1 Rising Application of Cost Efficient Alpha Silicon Carbide Fiber
5.5 Impact Analysis Of Drivers And Restraints
6. SiC Fibers Market– Global Market Analysis
6.1 Global SiC Fibers Market Overview
6.2 Global SiC Fibers Market Forecast And Analysis
6.3 Market Positioning – Key Market Players
7. Global SiC Fiber Market Analysis – By Form
7.1 Overview
7.2 Global SiC Fiber Market Breakdown, By Form, 2018 & 2027
7.3 Continuous
7.3.1 Overview
7.3.2 Global Continuous SiC Fiber Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Woven Cloth
7.4.1 Overview
7.4.2 Global Woven Cloth SiC Fiber Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Global Other Forms Market Revenue and Forecasts to 2027 (US$ Mn)
8. Global SiC Fiber Market Analysis – By Usage
8.1 Overview
8.2 Global SiC Fiber Market Breakdown, By Usage, 2018 & 2027
8.3 Composites
8.3.1 Overview
8.3.2 Global Composites Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Non-Composites
8.4.1 Overview
8.4.2 Global Non-Composites Market Revenue and Forecasts to 2027 (US$ Mn)
9. Global SiC Fibers Market Analysis – By End-Use Industry
9.1 Overview
9.2 Global SiC Fibers Market Breakdown, By End-Use Industry, 2018 & 2027
9.3 Aerospace And Defense
9.3.1 Overview
9.3.2 Global Aerospace and Defense in SiC Fibers Revenue And Forecasts to 2027 (US$ MN)
9.4 Energy And Power
9.4.1 Global Energy and Power in SiC Fibers Revenue Forecast to 2027 (US$ Mn)
9.5 Industrial
9.5.1 Overview
9.5.2 Global Industrial in SiC Fibers Revenue and Forecasts to 2027 (US$ MN)
9.6 Others
9.6.1 Overview
9.6.2 Global Others in SiC Fibers Revenue and Forecasts to 2027 (US$ MN)
10. Geographic Analysis Of SiC Fibers Market
10.1 Overview
10.2 North America SiC Fibers Market Revenue And Forecasts To 2027
10.2.1 North America SiC Fibers Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.2 North America SiC Fibers Market Breakdown by Form
10.2.3 North America SiC Fibers Market Breakdown by Usage
10.2.4 North America SiC Fibers Market Breakdown by End Use Industry
10.2.5 North America SiC Fibers Market Breakdown, by Key Country
10.2.5.1 US SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.2.5.1.1 US SiC Fibers Market Breakdown by Form
10.2.5.1.2 US SiC Fibers Market Breakdown by Usage
10.2.5.1.3 US SiC Fibers Market Breakdown by End Use Industry
10.2.5.2 Canada SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.2.5.2.1 Canada SiC Fibers Market Breakdown by Form
10.2.5.2.2 Canada SiC Fibers Market Breakdown by Usage
10.2.5.2.3 Canada SiC Fibers Market Breakdown by End Use Industry
10.3 Europe SiC Fibers Market Revenue And Forecasts To 2027
10.3.1 Europe SiC Fibers Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.2 Europe SiC Fibers Market Breakdown by Form
10.3.3 Europe SiC Fibers Market Breakdown by Usage
10.3.4 Europe SiC Fibers Market Breakdown by End use industry
10.3.5 Europe SiC Fibers Market Breakdown, by Key Country
10.3.5.1 Germany SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.3.5.1.1 Germany SiC Fibers Market Breakdown by Form
10.3.5.1.2 Germany SiC Fibers Market Breakdown by Usage
10.3.5.1.3 Germany SiC Fibers Market Breakdown by End Use Industry
10.3.5.2 France SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.3.5.2.1 France SiC Fibers Market Breakdown by Form
10.3.5.2.2 France SiC Fibers Market Breakdown by Usage
10.3.5.2.3 France SiC Fibers Market Breakdown by End Use Industry
10.3.5.3 Italy SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.3.5.3.1 Italy SiC Fibers Market Breakdown by Form
10.3.5.3.2 Italy SiC Fibers Market Breakdown by Usage
10.3.5.3.3 Italy SiC Fibers Market Breakdown by End Use Industry
10.3.5.4 United Kingdom SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.3.5.4.1 United Kingdom SiC Fibers Market Breakdown by Form
10.3.5.4.2 United Kingdom SiC Fibers Market Breakdown by Usage
10.3.5.4.3 United Kingdom SiC Fibers Market Breakdown by End Use Industry
10.3.5.5 Rest of Europe SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.3.5.5.1 Rest of Europe SiC Fibers Market Breakdown by Form
10.3.5.5.2 Rest of Europe SiC Fibers Market Breakdown by Usage
10.3.5.5.3 Rest of Europe SiC Fibers Market Breakdown by End Use Industry
10.4 APAC SIC Fibers Market Revenue And Forecasts To 2027
10.4.1 APAC SiC Fibers Market Revenue and Forecasts to 2027 (US$ Mn)
10.4.2 APAC SiC Fibers Market Breakdown by Form
10.4.3 APAC SiC Fibers Market Breakdown by Usage
10.4.4 APAC SiC Fibers Market Breakdown by End Use Industry
10.4.5 APAC SiC Fibers Market Breakdown, by Key Country
10.4.5.1 China SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.4.5.1.1 China SiC Fibers Market Breakdown by Form
10.4.5.1.2 China SiC Fibers Market Breakdown by Usage
10.4.5.1.3 China SiC Fibers Market Breakdown by End Use Industry
10.4.5.2 Japan SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.4.5.2.1 Japan SiC Fibers Market Breakdown by Form
10.4.5.2.2 Japan SiC Fibers Market Breakdown by Usage
10.4.5.2.3 Japan SiC Fibers Market Breakdown by End Use Industry
10.4.5.3 Rest of APAC SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.4.5.3.1 Rest of APAC SiC Fibers Market Breakdown by Form
10.4.5.3.2 Rest of APAC SiC Fibers Market Breakdown by Usage
10.4.5.3.3 Rest of APAC SiC Fibers Market Breakdown by End Use Industry
10.5 Rest Of World SiC Fibers Market Revenue And Forecasts To 2027
10.5.1 Rest of World SiC Fibers Market Revenue and Forecasts to 2027 (US$ Mn)
10.5.2 Rest of World SiC Fibers Market Breakdown by Form
10.5.3 Rest of World SiC Fibers Market Breakdown by Usage
10.5.4 Rest of World SiC Fibers Market Breakdown by End use industry
10.5.5 Rest of World SiC Fibers Market Breakdown, by Key Country
10.5.5.1 Brazil SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.5.5.1.1 Brazil SiC Fibers Market Breakdown by Form
10.5.5.1.2 Brazil SiC Fibers Market Breakdown by Usage
10.5.5.1.3 Brazil SiC Fibers Market Breakdown by End Use Industry
10.5.5.2 Rest of ROW SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.5.5.2.1 Rest of ROW SiC Fibers Market Breakdown by Form
10.5.5.2.2 Rest of ROW SiC Fibers Market Breakdown by Usage
10.5.5.2.3 Rest of ROW SiC Fibers Market Breakdown by End Use Industry
11. Industry Landscape
11.1 Investment Scenario
11.2 Market Initiatives
11.3 New Development
12. Company Profiles
12.1 American Elements
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 BJS Ceramics GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 COI Ceramics, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 General Electric Company
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Haydale Technologies Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Free Form Fibers
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 NGS Advanced Fibers Co., Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Specialty Materials, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.9 Suzhou Saifei Group Co., Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.10 Ube Industries, Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Global SiC Fibers Market Revenue and Forecasts To 2027 (US$ Mn)
Table 2. North America SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 3. North America SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 4. North America SiC Fibers Market Revenue And Forecasts To 2027 – By End use industry (US$ Mn)
Table 5. US SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 6. US SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 7. US SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 8. Canada SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 9. Canada SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 10. Canada SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 11. Europe SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 12. Europe SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 13. Europe SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 14. Germany SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 15. Germany SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 16. Germany SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 17. France SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 18. France SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 19. France SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 20. Italy SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 21. Italy SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 22. Italy SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 23. United Kingdom SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 24. United Kingdom SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 25. United Kingdom SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 26. Rest of Europe SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 27. Rest of Europe SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 28. Rest of Europe SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 29. APAC SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 30. APAC SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 31. APAC SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 32. China SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 33. China SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 34. China SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 35. Japan SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 36. Japan SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 37. Japan SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 38. Rest of APAC SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 39. Rest of APAC SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 40. Rest of APAC SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 41. Rest of World SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 42. Rest of World SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 43. Rest of World SiC Fibers Market Revenue And Forecasts To 2027 – By End use industry (US$ Mn)
Table 44. Brazil SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 45. Brazil SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 46. Brazil SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 47. Rest of ROW SiC Fibers Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 48. Rest of ROW SiC Fibers Market Revenue And Forecasts To 2027 – By Usage (US$ Mn)
Table 49. Rest of ROW SiC Fibers Market Revenue And Forecasts To 2027 – By End Use Industry (US$ Mn)
Table 50. Glossary of Terms, Global SiC Fibers Market
LIST OF FIGURES
Figure 1. SiC Fibers Market Segmentation
Figure 2. Geographic Segmentation of SiC Fibers Market
Figure 3. SiC Fibers Market Overview
Figure 4. Aerospace and Defense Industry is Expected to Dominate Global Market Share During the Forecast Period
Figure 5. SiC Fibers Market, by Geography, Value and CAGR
Figure 6. Global SiC Fibers Market, Industry Landscape
Figure 7. PEST Analysis for North American SiC Fibers Market
Figure 8. PEST Analysis for Europe SiC Fibers Market
Figure 9. PEST Analysis for APAC SiC Fibers Market
Figure 10. PEST Analysis for RoW SiC Fibers Market
Figure 11. SiC Fibers Market Impact Analysis Of Driver And Restraints
Figure 12. Geographic Overview of SiC Fibers Market
Figure 13. SiC Fibers Market Forecast and Analysis, (US$ Mn)
Figure 14. Global SIC Fiber Market Breakdown by Form, By Value, 2018 & 2027 (%)
Figure 15. Global Continuous SiC Fiber Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 16. Global Woven Cloth SiC Fiber Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 17. Global Other Forms Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 18. Global SIC Fiber Market Breakdown by Usage, By Value, 2018 & 2027 (%)
Figure 19. Global Composites SiC Fiber Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 20. Global Non-Composites Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 21. Global SiC Fibers Market Breakdown By End-Use Industry, By Value, 2018 & 2027 (%)
Figure 22. Global Aerospace and Defense in SiC Fibers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 23. Global Energy and Power in SiC Fibers Revenue Forecast To 2027 (US$ Mn)
Figure 24. Global Industrial in SiC Fibers Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 25. Global Others in SiC Fibers Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 26. SiC Fibers Market, Breakdown by Regions, 2018 & 2027 (%)
Figure 27. North America SiC Fibers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 28. North America SiC Fibers Market Breakdown, By Form, 2018 & 2027 (%)
Figure 29. North America SiC Fibers Market Breakdown by Usage, 2018 & 2027 (%)
Figure 30. North America SiC Fibers Market Breakdown by End Use Industry, 2018 & 2027 (%)
Figure 31. North America SiC Fibers Market Breakdown by Country, 2018 & 2027(%)
Figure 32. US SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 33. Canada SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 34. Europe SiC Fibers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 35. Europe SiC Fibers Market Breakdown, By Form, 2018 & 2027 (%)
Figure 36. Europe SiC Fibers Market Breakdown by Usage, 2018 & 2027 (%)
Figure 37. Europe SiC Fibers Market Breakdown by End Use Industry, 2018 & 2027 (%)
Figure 38. Europe SiC Fibers Market Breakdown by Country, 2018 & 2027(%)
Figure 39. Germany SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 40. France SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 41. Italy SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 42. United Kingdom SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 43. Rest of Europe SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 44. APAC SiC Fibers Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 45. APAC SiC Fibers Market Breakdown, By Form, 2018 & 2027 (%)
Figure 46. APAC SiC Fibers Market Breakdown by Usage, 2018 & 2027 (%)
Figure 47. APAC SiC Fibers Market Breakdown by End Use Industry, 2018 & 2027 (%)
Figure 48. APAC SiC Fibers Market Breakdown by Country, 2018 & 2027(%)
Figure 49. China SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 50. Japan SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 51. Rest of APAC SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 52. Rest of World SiC Fibers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 53. Rest of World SiC Fibers Market Breakdown, By Form, 2018 & 2027 (%)
Figure 54. Rest of World SiC Fibers Market Breakdown by Usage, 2018 & 2027 (%)
Figure 55. Rest of World SiC Fibers Market Breakdown by End Use Industry, 2018 & 2027 (%)
Figure 56. Rest of World SiC Fibers Market Breakdown by Country, 2018 & 2027(%)
Figure 57. Brazil SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
Figure 58. Rest of ROW SiC Fibers Market Revenue And Forecasts To 2027 (US$ MN)
The List of Companies - SiC Fibers Market
- American Elements
- BJS Ceramics GmbH
- COI Ceramics, Inc.
- General Electric Company
- Haydale Technologies Inc.
- Free Form Fibers
- NGS Advanced Fibers Co., Ltd.
- Specialty Materials, Inc.
- Suzhou Saifei Group Co., Ltd
- Ube Industries, Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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