DUBLIN, May 16, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Growth Opportunities for Ceramics Matrix Composites in the Global Aerospace Industry 2016-2021: Trends, Forecasts and Market Analysis" report to their offering.
According to a new market report, the future of the aerospace CMC industry looks positive with opportunities in commercial aircraft, defense, and spacecraft applications. The global aerospace CMC industry is forecast to grow at a CAGR of 8.9% from 2016 to 2021.
The major growth drivers of this market are increasing penetration of CMC in the future generation aircraft and spacecraft and its superior thermo-mechanical properties. CMCs have been developed to achieve a damage tolerant quasi-ductile fracture behavior and to maintain all other advantages of monolithic ceramics at high temperatures; and offer better performance than traditional inorganic fiber-polymer composites.
In this market, Oxide/Oxide, SiC/SiC and Carbon/Carbon are the three types of CMC. The author predicts that the demand for the SiC/SiC CMC is likely to experience the highest growth in the forecast period supported by its excellent mechanical properties, such as oxidation resistance, corrosion resistance, and low density even at high temperatures.
Within the aerospace CMC market, commercial aircraft is expected to remain the largest market with the highest growth during forecast period due to increasing usage of CMC materials in commercial aircraft like A320Neo, B737Max, and C919 and aircraft brake disks.
Key Topics Covered:
1. Executive Summary
2. Industry Background and Classifications
3. Market Trends and Forecast Analysis
4. Competitor Analysis
5. Growth Opportunities and Strategic Analysis
6. Company Profiles of Leading Players
- COI Ceramics Inc
- CoorsTek Inc.
- GE Aviation
- SGL Carbon SE
For more information visit http://www.researchandmarkets.com/research/rdxn7k/growth
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SOURCE Research and Markets