The North America Silicon Carbide (SiC) Fibers Market would witness market growth of 24.2% CAGR during the forecast period (2021-2027).
SiC fibers are robust & oxidation-resistant and are primarily utilized in high-temperature applications. Additionally, SiC fiber tows are among the latest developments in the market, which are made by utilizing rapid processing methods. These tows are utilized in the formerly impractical applications with a substantial decrease in cost. Microwave sintering furnace is one of the new technologies utilized in the manufacturing of SiC fiber. With the help of this procedure, the power needs, processing temperature, and time are considerably decreased that minimize the overall cost of production of silicon carbide fibers.
The growing demand for silicon carbide fibers is motivating various manufacturers & investors to invest in the SiC fibers market. In addition, the growing popularity of SiC fibers has fuelled the research & development activities for the manufacturing of SiC fiber with better & effective performance in high-temperature scenarios. For example, a group of researchers at NASA has patented a non-oxide silicon carbide fiber called Sylramic-iBN, which can tolerate temperatures up to 3200C. Due to this factor, several manufacturers would experience lucrative opportunities in the the SiC fibers market in next few years.
The aerospace & defense sector in the region is anticipated to procure swift growth due to the growing manufacturing output propelled by high domestic & global demand for commercial aircraft. Moreover, the increasing defense expenditure in this region along with rising investments for NASA is projected to surge the demand for silicon carbide fibers in North America.
With the rising consumption of SiC fiber in the commercial, military, and aerospace sectors in the US, the demand for these fibers is estimated to spur in the coming years. In this region, the US is the leading consumer of SiC fibers and is estimated to acquire a prominent market share. In addition, the presence of major players in the market would also contribute to the growing SiC market in this region.
Several manufacturers in the region are using these fibers instead of using nickel alloys in the manufacturing of numerous engine parts, like blades. In addition, due to the high-performance characteristics of SIC fibers, many manufacturers are adopting these fibers to make their products better. Along with that, the capacity expansions done by the key players in this region would augment the regional SiC fiber market growth.
The US market dominated the North America Silicon Carbide (SiC) Fibers Non-composites Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $187.7 million by 2027. The Canada market is experiencing a CAGR of 30.1% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 29% during (2021 - 2027).
Based on Usage, the market is segmented into Composites and Non-composites. Based on Form, the market is segmented into Continuous, Woven and Others. Based on Application, the market is segmented into Aerospace & Defense, Energy & Power, Industrial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Silicon Carbide (SiC) Fiber Market is Estimated to Reach USD 2.3 Billion by 2027 at a CAGR of 25.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., Toshiba Corporation, Ube Industries, Ltd., Haydale Graphene Industries PLC, Northrop Grumman Corporation (COI Ceramics, Inc.), Specialty Materials, Inc. (Global Material LLC), Suzhou Saifei Group Ltd., BJS Ceramics GmbH, Matech, and Tisics Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Usage
By Form
By Application
- Aerospace & Defense
- Energy & Power
- Industrial
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co.
- Toshiba Corporation
- Ube Industries, Ltd.
- Haydale Graphene Industries PLC
- Northrop Grumman Corporation (COI Ceramics, Inc.)
- Specialty Materials, Inc. (Global Material LLC)
- Suzhou Saifei Group Ltd.
- BJS Ceramics GmbH
- Matech
- Tisics Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Silicon Carbide (SiC) Fibers Market, by Usage
1.4.2 North America Silicon Carbide (SiC) Fibers Market, by Form
1.4.3 North America Silicon Carbide (SiC) Fibers Market, by Application
1.4.4 North America Silicon Carbide (SiC) Fibers Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Silicon Carbide (SiC) Fibers Market by Usage
3.1 North America Silicon Carbide (SiC) Fibers Composites Market by Country
3.2 North America Silicon Carbide (SiC) Fibers Non-composites Market by Country
Chapter 4. North America Silicon Carbide (SiC) Fibers Market by Form
4.1 North America Silicon Carbide (SiC) Fibers Continuous Market by Country
4.2 North America Silicon Carbide (SiC) Fibers Woven Market by Country
4.3 North America Silicon Carbide (SiC) Fibers Others Market by Country
Chapter 5. North America Silicon Carbide (SiC) Fibers Market by Application
5.1 North America Aerospace & Defense Silicon Carbide (SiC) Fibers Market by Country
5.2 North America Energy & Power Silicon Carbide (SiC) Fibers Market by Country
5.3 North America Industrial Silicon Carbide (SiC) Fibers Market by Country
5.4 North America Others Silicon Carbide (SiC) Fibers Market by Country
Chapter 6. North America Silicon Carbide (SiC) Fibers Market by Country
6.1 US Silicon Carbide (SiC) Fibers Market
6.1.1 US Silicon Carbide (SiC) Fibers Market by Usage
6.1.2 US Silicon Carbide (SiC) Fibers Market by Form
6.1.3 US Silicon Carbide (SiC) Fibers Market by Application
6.2 Canada Silicon Carbide (SiC) Fibers Market
6.2.1 Canada Silicon Carbide (SiC) Fibers Market by Usage
6.2.2 Canada Silicon Carbide (SiC) Fibers Market by Form
6.2.3 Canada Silicon Carbide (SiC) Fibers Market by Application
6.3 Mexico Silicon Carbide (SiC) Fibers Market
6.3.1 Mexico Silicon Carbide (SiC) Fibers Market by Usage
6.3.2 Mexico Silicon Carbide (SiC) Fibers Market by Form
6.3.3 Mexico Silicon Carbide (SiC) Fibers Market by Application
6.4 Rest of North America Silicon Carbide (SiC) Fibers Market
6.4.1 Rest of North America Silicon Carbide (SiC) Fibers Market by Usage
6.4.2 Rest of North America Silicon Carbide (SiC) Fibers Market by Form
6.4.3 Rest of North America Silicon Carbide (SiC) Fibers Market by Application
Chapter 7. Company Profiles
7.1 General Electric (GE) Co.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Geographical Expansions:
7.1.6 SWOT Analysis
7.2 Toshiba Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research and Development Expense
7.2.5 SWOT Analysis
7.3 Ube Industries, Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research and Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Geographical Expansions:
7.4 Haydale Graphene Industries PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research and Development Expenses
7.5 Northrop Grumman Corporation (COI Ceramics, Inc.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research and Development Expense
7.6 Specialty Materials, Inc. (Global Material LLC)
7.6.1 Company Overview
7.7 Suzhou Saifei Group Ltd.
7.7.1 Company Overview
7.8 BJS Ceramics GmbH
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Matech
7.9.1 Company Overview
7.10. Tisics Ltd.
7.10.1 Company Overview
TABLE 1 North America Silicon Carbide (SiC) Fibers Market, 2017 - 2020, USD Million
TABLE 2 North America Silicon Carbide (SiC) Fibers Market, 2021 - 2027, USD Million
TABLE 3 North America Silicon Carbide (SiC) Fibers Market by Usage, 2017 - 2020, USD Million
TABLE 4 North America Silicon Carbide (SiC) Fibers Market by Usage, 2021 - 2027, USD Million
TABLE 5 North America Silicon Carbide (SiC) Fibers Composites Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Silicon Carbide (SiC) Fibers Composites Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Silicon Carbide (SiC) Fibers Non-composites Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Silicon Carbide (SiC) Fibers Non-composites Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Silicon Carbide (SiC) Fibers Market by Form, 2017 - 2020, USD Million
TABLE 10 North America Silicon Carbide (SiC) Fibers Market by Form, 2021 - 2027, USD Million
TABLE 11 North America Silicon Carbide (SiC) Fibers Continuous Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Silicon Carbide (SiC) Fibers Continuous Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Silicon Carbide (SiC) Fibers Woven Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Silicon Carbide (SiC) Fibers Woven Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Silicon Carbide (SiC) Fibers Others Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Silicon Carbide (SiC) Fibers Others Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Silicon Carbide (SiC) Fibers Market by Application, 2017 - 2020, USD Million
TABLE 18 North America Silicon Carbide (SiC) Fibers Market by Application, 2021 - 2027, USD Million
TABLE 19 North America Aerospace & Defense Silicon Carbide (SiC) Fibers Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Aerospace & Defense Silicon Carbide (SiC) Fibers Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Energy & Power Silicon Carbide (SiC) Fibers Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Energy & Power Silicon Carbide (SiC) Fibers Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Industrial Silicon Carbide (SiC) Fibers Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Industrial Silicon Carbide (SiC) Fibers Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Others Silicon Carbide (SiC) Fibers Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Others Silicon Carbide (SiC) Fibers Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Silicon Carbide (SiC) Fibers Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Silicon Carbide (SiC) Fibers Market by Country, 2021 - 2027, USD Million
TABLE 29 US Silicon Carbide (SiC) Fibers Market, 2017 - 2020, USD Million
TABLE 30 US Silicon Carbide (SiC) Fibers Market, 2021 - 2027, USD Million
TABLE 31 US Silicon Carbide (SiC) Fibers Market by Usage, 2017 - 2020, USD Million
TABLE 32 US Silicon Carbide (SiC) Fibers Market by Usage, 2021 - 2027, USD Million
TABLE 33 US Silicon Carbide (SiC) Fibers Market by Form, 2017 - 2020, USD Million
TABLE 34 US Silicon Carbide (SiC) Fibers Market by Form, 2021 - 2027, USD Million
TABLE 35 US Silicon Carbide (SiC) Fibers Market by Application, 2017 - 2020, USD Million
TABLE 36 US Silicon Carbide (SiC) Fibers Market by Application, 2021 - 2027, USD Million
TABLE 37 Canada Silicon Carbide (SiC) Fibers Market, 2017 - 2020, USD Million
TABLE 38 Canada Silicon Carbide (SiC) Fibers Market, 2021 - 2027, USD Million
TABLE 39 Canada Silicon Carbide (SiC) Fibers Market by Usage, 2017 - 2020, USD Million
TABLE 40 Canada Silicon Carbide (SiC) Fibers Market by Usage, 2021 - 2027, USD Million
TABLE 41 Canada Silicon Carbide (SiC) Fibers Market by Form, 2017 - 2020, USD Million
TABLE 42 Canada Silicon Carbide (SiC) Fibers Market by Form, 2021 - 2027, USD Million
TABLE 43 Canada Silicon Carbide (SiC) Fibers Market by Application, 2017 - 2020, USD Million
TABLE 44 Canada Silicon Carbide (SiC) Fibers Market by Application, 2021 - 2027, USD Million
TABLE 45 Mexico Silicon Carbide (SiC) Fibers Market, 2017 - 2020, USD Million
TABLE 46 Mexico Silicon Carbide (SiC) Fibers Market, 2021 - 2027, USD Million
TABLE 47 Mexico Silicon Carbide (SiC) Fibers Market by Usage, 2017 - 2020, USD Million
TABLE 48 Mexico Silicon Carbide (SiC) Fibers Market by Usage, 2021 - 2027, USD Million
TABLE 49 Mexico Silicon Carbide (SiC) Fibers Market by Form, 2017 - 2020, USD Million
TABLE 50 Mexico Silicon Carbide (SiC) Fibers Market by Form, 2021 - 2027, USD Million
TABLE 51 Mexico Silicon Carbide (SiC) Fibers Market by Application, 2017 - 2020, USD Million
TABLE 52 Mexico Silicon Carbide (SiC) Fibers Market by Application, 2021 - 2027, USD Million
TABLE 53 Rest of North America Silicon Carbide (SiC) Fibers Market, 2017 - 2020, USD Million
TABLE 54 Rest of North America Silicon Carbide (SiC) Fibers Market, 2021 - 2027, USD Million
TABLE 55 Rest of North America Silicon Carbide (SiC) Fibers Market by Usage, 2017 - 2020, USD Million
TABLE 56 Rest of North America Silicon Carbide (SiC) Fibers Market by Usage, 2021 - 2027, USD Million
TABLE 57 Rest of North America Silicon Carbide (SiC) Fibers Market by Form, 2017 - 2020, USD Million
TABLE 58 Rest of North America Silicon Carbide (SiC) Fibers Market by Form, 2021 - 2027, USD Million
TABLE 59 Rest of North America Silicon Carbide (SiC) Fibers Market by Application, 2017 - 2020, USD Million
TABLE 60 Rest of North America Silicon Carbide (SiC) Fibers Market by Application, 2021 - 2027, USD Million
TABLE 61 Key Information – General Electric (GE) Co.
TABLE 62 Key Information – Toshiba Corporation
TABLE 63 Key Information – Ube Industries, Ltd.
TABLE 64 Key Information – Haydale Graphene Industries PLC
TABLE 65 Key Information – Northrop Grumman Corporation
TABLE 66 key information – Specialty Materials, Inc.
TABLE 67 Key information – Suzhou Saifei Group Ltd.
TABLE 68 Key information – BJS Ceramics GmbH
TABLE 69 Key information – Matech
TABLE 70 Key information – Tisics Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: General electric (GE) Co.
FIG 3 SWOT Analysis: Toshiba Corporation