According to a new market report published by Lucintel, the future for CMC in the global aerospace industry looks positive with opportunities in the commercial aircraft, military aircraft, and space segments. CMC consumption in the global aerospace industry is expected to grow with a CAGR of 9% from 2017 to 2022. The major growth drivers for this market are increasing demand for lightweight materials in the aerospace industry and capability of CMC components for performing better at high temperatures.
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In this market, C/C, SiC/SiC, and Oxide/Oxide are the major types of CMC material. C/C will remain the largest market over the forecast period because it is commonly used in all commercial aircraft disc brakes.
North America is expected to remain the largest region during the forecast period due to high procurement of CMC material by various CMC component manufacturers in the USA.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing application of CMC materials in high temperature areas. 3M, General Electric, CoorsTek Inc., Albany International, and SGL Carbon SE are among the major manufacturers of CMC material for aerospace industry.
The study includes a forecast for CMC in the global aerospace industry by material type, application, end use industry, and region, as follows:
By Material Type (Volume (metric ton) and Value ($ million) from 2011 to 2022):
Oxide/Oxide
Sic/Sic
C/C and Others
By End Use Market (Value ($ million) from 2011 to 2022):
Commercial Aircraft
Military Aircraft
Space
By Application (Value ($ million) from 2011 to 2022):
Engine
Landing Gear
Airframe
By Region (Value ($M) shipment analysis from 2011 to 2022):
North America
Europe
Asia Pacific
Rest of the World
This 108-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/toc/cmc-in-aerospace-industry-2017.aspx or helpdesk@lucintel.com.
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