The Ceramic Matrix Composites Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of ceramic matrix composites has seen significant growth recently. It was valued at $7.63 billion in 2024 and it's anticipated to reach $8.4 billion in 2025, with a compound annual growth rate (CAGR) of 10.1%.
The Ceramic Matrix Composites Global Market is projected to reach $13.35 billion in 2029, growing at a compound annual growth rate (CAGR) of 12.3%.
Download Your Free Sample of the 2025 Ceramic Matrix Composites Market Report and Uncover Key Trends Now!The key drivers in the ceramic matrix composites market are:
• High demand for lightweight automobiles
• Increasing demand for electric vehicles
• Rising demand for portable electronics that use ceramic matrix composites
• Growing demand from the medical industry
The ceramic matrix composites market covered in this report is segmented –
1) By Type: Oxide, Carbon/Silicon Carbide, Carbon, Silicon Carbide
2) By Category: Short Fiber, Long Continuous Fiber, Whiskers
3) By Production Method: Powder Dispersion, Reactive Melt Infiltration, Polymer Impregnation And Pyrolysis, Gaseous Infiltration, Chemical Vapor Infiltration, Sol-Gel, Other Production Methods
4) By End-Use Industry: Aerospace And Defense, Automotive, Energy And Power, Electricals And Electronics, Other End-Use Industries
The key trends in the ceramic matrix composites market are:
• There is an increasing focus on technological advancements in the ceramic matrix composites market.
• The market is rapidly moving towards the development of partnerships and collaborations.
• The utilization of 3D printing technology is emerging as a significant trend.
• There is a mounting emphasis on creating innovative solutions through R&D activities.
Major companies in the ceramic matrix composites market are:
• 3M Company
• General Electric Company
• CeramTec GmbH
• Coorstek, Inc.
• Kyocera Corporation
• Ube Industries Ltd
• SGL Carbon Company
• Rolls-Royce plc
• Applied Thin Films Inc
• Ultramet
• CFC Carbon Co. Ltd
• Karbon composites & Technology Co Ltd
• Neo Carbon Fiber
• China Composites Group Corp Ltd
• DJT Carbon Co Ltd
• ZhongAo Carbon
• Tasuns Composite Technology
• Zhejiang Xinchor Technology Co Ltd
• HangFung Technology
• Sichuan Chang Yang Composites Company Limited
• ShenZhen RuiTai Carbon
• Dongguan Roche Industrial Co. Ltd
• Safran
• Cemacon
• Ceramica S.A
• COI Ceramics
• Axiom Materials Inc.
• Raytheon Technologies
• Lancer Systems
• United Technologies
North America will be the largest region in the ceramic matrix composites market in 2024