SiC 섬유 시장 보고서 : 유형, 형상, 단계, 사용, 용도, 지역별(2024-2032년)

The global SiC fibers market size reached US$ 755.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,580.7 Million by 2032, exhibiting a growth rate (CAGR) of 8.4% during 2024-2032. The market is experiencing steady growth driven by increasing demand from the aerospace and defense sectors for lightweight, and high-strength materials, continuous technological advancements across the globe, and significant growth in the power generation industry.

SiC Fibers Market Analysis:

Major Market Drivers: The market is primarily being driven by a significant growth in demand from the aerospace and defense industries. This increase is mainly due to the exceptional mechanical properties and high-temperature resistance of SiC fibers. Moreover, the power generation industry is also contributing to market growth, with these fibers being crucial in high-temperature applications. As a result, the market is seeing significant expansion.

Key Market Trends: With ongoing technological breakthroughs and inventive manufacturing processes, SiC fibers are witnessing a rise in performance and also becoming more cost-effective. One of the other SiC fibers market trends include incorporating these fibers into renewable energy projects and cutting-edge power plants, driven by the global shift towards cleaner energy solutions.

Geographical Trends: North America and Europe are spearheading the adoption of SiC fibers, especially within the aerospace and defense sectors. Meanwhile, the Asia-Pacific region is quickly rising as a key player, propelled by fast-paced industrialization and substantial investments in power generation and energy infrastructure.

Competitive Landscape: The SiC fiber market is growing with advanced players pouring resources into R&D to develop sophisticated products and cost-effective manufacturing processes These companies also enter into strategic alliances and seek acquisitions to strengthen their market position and expand global reach.

Challenges and Opportunities: The market faces significant hurdles, including high production costs and technical difficulties in manufacturing SiC fibers. Nevertheless, SiC fibers market recent opportunities include continuous research and technological advancements, potentially leading to cost reductions and performance enhancements that could drive market expansion.

SiC Fibers Market Trends:

Increasing demand from aerospace and defense industries

The market is majorly driven by significant growth in the aerospace and defense sectors. These fibers, lauded for their unparalleled mechanical properties encompassing extreme temperature resilience, immense strength, and featherweight build are game-changers. They are increasingly woven into turbine engines, reinforcing structural components, and standing as robust heat shields where ultimate performance and durability are crucial. According to a market research report, the global lightweight materials market size reached US$ 208.2 Billion in 2023. IMARC Group expects the market to reach US$ 380.0 Billion by 2032, exhibiting a growth rate (CAGR) of 6.8% during 2024-2032. As the aerospace industry escalates towards crafting more fuel-efficient, lightweight aircraft, the clamour for SiC fibers intensifies, pivotal in slashing weight and optimizing fuel efficiency. Meanwhile, the defense industry's relentless quest for cutting-edge materials that enhance the performance and longevity of defense systems propels this market's growth. With relentless aerospace technological advancements and a rising tide of space exploration missions, the SiC fibers demand is accelerating.

Growth in the power generation and energy sector

Power generation is increasingly turning to SiC fibers, a major catalyst for market expansion. The global drive towards more efficient, cleaner energy production has spiked the need for advanced materials that can withstand harsh conditions, enhancing the demand for SiC fibers. Therefore, this is creating a positive SiC fibers market outlook. These fibers are indispensable in high-temperature environments such as gas turbines and nuclear reactors due to their remarkable thermal stability and corrosion resistance. Furthermore, the evolution of next-generation power plants and the focus on minimizing greenhouse gas emissions accelerate the necessity for these high-performance materials. As nations globally continue to upgrade their energy infrastructure and champion renewable energy projects, the market is on track for significant growth.

Technological advancements and cost reduction

The rapid progress in manufacturing processes and technologies is driving significant SiC fibers market growth. Breakthroughs such as better production methods and innovative new composite materials are enhancing the performance and application range of SiC fibers, making them attractive to a variety of industries. Additionally, these technological leaps are lowering production costs, making SiC fibers more affordable and practical for broad use. Additionally, the growing emphasis on research and development to enhance SiC fiber properties and find new uses is also fueling market expansion. As production processes become more efficient and scalable, the cost-effectiveness of SiC fibers increases, encouraging their adoption in industries that previously avoided them due to high costs.

SiC Fibers Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, form, phase, usage and application.

Breakup by Type:

First Generation

Second Generation

Third Generation

Third generation dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes first generation, second generation, and third generation. According to the report, third generation represented the largest segment.

Third generation SiC fibers are breaking ground as the biggest players in the SiC fibers industry, due to their top-notch properties and wide array of uses. These fibers are known for their remarkable thermal and chemical stability, incredible tensile strength, and resistance to oxidation and creep even at high temperatures. This makes them ideal for cutting-edge aerospace, defense, and energy applications. Creating these third-gen fibers involves high-tech manufacturing processes that enhance their performance compared to older versions. Their knack for enduring extreme conditions while keeping their structural integrity is vital for use in gas turbines, nuclear reactors, and high-performance jet engines. In addition, the increasing demand for lightweight, fuel-efficient planes and advanced defense systems is encouraging the adoption of these third generation SiC fibers even further. With ongoing improvements in production tech making these fibers more cost-effective, SiC fibers market revenue is growing.

Breakup by Form:

Continuous

Woven

Others

Continuous holds the largest share of the market

A detailed breakup and analysis of the market based on the form has also been provided in the report. This includes continuous, woven, and others. According to the report, continuous accounted for the largest market share.

Continuous SiC fibers dominate the market due to their versatile applications and standout performance features. Their high strength-to-weight ratio, remarkable thermal stability, and resistance to oxidation and creep make them indispensable in tough environments such as aerospace, defense, and power generation. These fibers are key in making composite materials for turbine engines, heat shields, and structural parts of aircraft and spacecraft. Their ability to endure extreme conditions is vital for boosting the efficiency and performance of these high stress uses. Along with this, advancements in manufacturing technologies have enhanced the production efficiency and cost-effectiveness of continuous SiC fibers, fueling their broad adoption. According to the SiC fibers market overview, the demand for lightweight, high-performance materials in industries aiming for fuel efficiency and emission reduction further propels the market for these fibers.

Breakup by Phase:

Crystalline

Amorphous

A detailed breakup and analysis of the market based on the phase have also been provided in the report. This includes crystalline and amorphous.

Breakup by Usage:

Composites

Non-Composites

Composites hold the largest share of the market

A detailed breakup and analysis of the market based on the usage has also been provided in the report. This includes composites and non-composites. According to the report, composites accounted for the largest market share.

Composites represent the most widely used segment of the market, driven by SiC fibers market recent developments. SiC fiber-reinforced composites are highly demanded in the aerospace, defense and power generation sectors due to their exceptional strength, thermal stability and resistance to harsh environmental conditions. These composites are an important component of turbine construction blades, heat shields and structural components, where durability and lightweight materials are required in high-stress environments, such as jet engines and nuclear reactors. High-performance SiC fiber composites provide operational efficiency and life length increases, making it unnecessary to reduce fuel efficiency in the aerospace and automotive industries. The SiC fibers market report suggests that increased emphasis further drives demand for these advanced features.

Breakup by Application:

Aerospace and Defense

Energy and Power

Others

Aerospace and defense hold the largest share of the market

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes aerospace and defense, energy and power, and others. According to the report, aerospace and defense accounted for the largest market share.

The aerospace and defense sector holds the largest SiC fibers market share driven by unique properties of materials that meet the stringent requirements of these industries. SiC fibers are highly valued for high mechanical strength, high thermal resistance and lightweight characteristics. In aerospace, SiC fibers are used in components such as turbine blades, thermal shields, aircraft and spacecraft structural components, where they contribute to fuel efficiency and reduction of emissions. With other developments in aerospace technology, there is an increasing focus on creating safety capabilities that continue to drive demand for SiC fibers as these industries continue to expand and acquire products that offer higher performance and reduced weight. According to the SiC fibers market analysis, SiC Fibers are leading the market, which they support by playing an important role in advancing aerospace and defense technologies.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance, accounting for the largest SiC fibers market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America represents the largest regional market for SiC fibers.

North America stands as a colossal player in the SiC fibers market, driven by the escalating demand from its well-established aerospace and defense sectors. Along with this, the region's top-tier position owes much to the presence of major aerospace giants and defense contractors who heavily rely on SiC fibers. The relentless investments in defense modernization and aerospace advancements amplify the demand for these fibers. According to the SiC fibers market forecast, North America's staunch commitment to research and development fuels continuous breakthroughs in SiC fiber applications and production techniques, elevating their performance and cost-efficiency. Along with this, the regional energy sector also plays an important role, where SiC fibers are used in gas turbines and nuclear reactors due to their excellent thermal stability and durability, with a focus on lightweight materials, fuel-efficient applications in the automotive. Aerospace and aerospace industries are further accelerating the demand for SiC fibers.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the SiC fibers industry include:

Advanced Ceramic Fibers LLC

American Elements

BJS Ceramics GmbH

Compagnie de Saint-Gobain S.A.

GE Aviation (General Electric Company)

Haydale Graphene Industries Plc

NGS Advanced Fibers Co. Ltd.

SGL Carbon SE

Specialty Materials Inc.

Stanford Advanced Materials

Suzhou Saifei Group Co. Ltd.

TISICS Limited

Ube Industries Ltd.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Key players in the market are investing heavily in research and development to improve product performance and cost-effectiveness. SiC fibers companies are focusing on advanced manufacturing processes to improve the quality and scalability of SiC fiber especially in the aerospace, defense, and energy industries. Along with this, strategic collaboration and partnerships for expansion market development and implementation and technical capacity are propelling the market. These efforts are aimed at maintaining a competitive edge in the rapidly growing SiC fiber market to meet the growing demand for high-performance products.

SiC Fibers Market News:

July 10, 2023: Saint-Gobain North America announced their project to invest $235 million over the next two years to expand and modernize its CertainTeed (ex-Continental Building Products) gypsum manufacturing facility in Palatka, Florida. This project is a part of the "Grow & Impact" strategy, which includes expanding its presence in fast-growing markets.

February 06, 2023: American Elements announced the launch of AE Fusion Energy with the addition of new production facilities to meet growing demand for advanced materials associated with R&D & scaled production at its fusion energy partner customers. This new division will expand American Elements' production of certain high purity oxides, stable isotopes, refractory metals & alloys, high-temperature ceramics, laser crystal raw materials and molten salts.

Key Questions Answered in This Report

• How big is the global SiC fibers market?
• What is the expected growth rate of the global SiC fibers market during 2024-2032?
• What are the key factors driving the global SiC fibers market?
• What has been the impact of COVID-19 on the global SiC fibers market?
• What is the breakup of the global SiC fibers market based on the type?
• What is the breakup of the global SiC fibers market based on the form?
• What is the breakup of the global SiC fibers market based on the usage?
• What is the breakup of the global SiC fibers market based on the application?
• What are the key regions in the global SiC fibers market?
• Who are the key players/companies in the global SiC fibers market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global SiC Fibers Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type

• 6.1 First Generation
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Second Generation
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Third Generation
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast

7 Market Breakup by Form

• 7.1 Continuous
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Woven
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Others
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast

8 Market Breakup by Phase

• 8.1 Crystalline
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Amorphous
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by Usage

• 9.1 Composites
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Non-Composites
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast

10 Market Breakup by Application

• 10.1 Aerospace and Defense
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 Energy and Power
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 Others
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast

11 Market Breakup by Region

• 11.1 North America
  • 11.1.1 United States
    • 11.1.1.1 Market Trends
    • 11.1.1.2 Market Forecast
  • 11.1.2 Canada
    • 11.1.2.1 Market Trends
    • 11.1.2.2 Market Forecast
• 11.2 Asia-Pacific
  • 11.2.1 China
    • 11.2.1.1 Market Trends
    • 11.2.1.2 Market Forecast
  • 11.2.2 Japan
    • 11.2.2.1 Market Trends
    • 11.2.2.2 Market Forecast
  • 11.2.3 India
    • 11.2.3.1 Market Trends
    • 11.2.3.2 Market Forecast
  • 11.2.4 South Korea
    • 11.2.4.1 Market Trends
    • 11.2.4.2 Market Forecast
  • 11.2.5 Australia
    • 11.2.5.1 Market Trends
    • 11.2.5.2 Market Forecast
  • 11.2.6 Indonesia
    • 11.2.6.1 Market Trends
    • 11.2.6.2 Market Forecast
  • 11.2.7 Others
    • 11.2.7.1 Market Trends
    • 11.2.7.2 Market Forecast
• 11.3 Europe
  • 11.3.1 Germany
    • 11.3.1.1 Market Trends
    • 11.3.1.2 Market Forecast
  • 11.3.2 France
    • 11.3.2.1 Market Trends
    • 11.3.2.2 Market Forecast
  • 11.3.3 United Kingdom
    • 11.3.3.1 Market Trends
    • 11.3.3.2 Market Forecast
  • 11.3.4 Italy
    • 11.3.4.1 Market Trends
    • 11.3.4.2 Market Forecast
  • 11.3.5 Spain
    • 11.3.5.1 Market Trends
    • 11.3.5.2 Market Forecast
  • 11.3.6 Russia
    • 11.3.6.1 Market Trends
    • 11.3.6.2 Market Forecast
  • 11.3.7 Others
    • 11.3.7.1 Market Trends
    • 11.3.7.2 Market Forecast
• 11.4 Latin America
  • 11.4.1 Brazil
    • 11.4.1.1 Market Trends
    • 11.4.1.2 Market Forecast
  • 11.4.2 Mexico
    • 11.4.2.1 Market Trends
    • 11.4.2.2 Market Forecast
  • 11.4.3 Others
    • 11.4.3.1 Market Trends
    • 11.4.3.2 Market Forecast
• 11.5 Middle East and Africa
  • 11.5.1 Market Trends
  • 11.5.2 Market Breakup by Country
  • 11.5.3 Market Forecast

12 SWOT Analysis

• 12.1 Overview
• 12.2 Strengths
• 12.3 Weaknesses
• 12.4 Opportunities
• 12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

• 14.1 Overview
• 14.2 Bargaining Power of Buyers
• 14.3 Bargaining Power of Suppliers
• 14.4 Degree of Competition
• 14.5 Threat of New Entrants
• 14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

• 16.1 Market Structure
• 16.2 Key Players
• 16.3 Profiles of Key Players
  • 16.3.1 Advanced Ceramic Fibers LLC
    • 16.3.1.1 Company Overview
    • 16.3.1.2 Product Portfolio
  • 16.3.2 American Elements
    • 16.3.2.1 Company Overview
    • 16.3.2.2 Product Portfolio
  • 16.3.3 BJS Ceramics GmbH
    • 16.3.3.1 Company Overview
    • 16.3.3.2 Product Portfolio
  • 16.3.4 Compagnie de Saint-Gobain S.A.
    • 16.3.4.1 Company Overview
    • 16.3.4.2 Product Portfolio
  • 16.3.5 GE Aviation (General Electric Company)
    • 16.3.5.1 Company Overview
    • 16.3.5.2 Product Portfolio
  • 16.3.6 Haydale Graphene Industries Plc
    • 16.3.6.1 Company Overview
    • 16.3.6.2 Product Portfolio
    • 16.3.6.3 Financials
  • 16.3.7 NGS Advanced Fibers Co. Ltd.
    • 16.3.7.1 Company Overview
    • 16.3.7.2 Product Portfolio
  • 16.3.8 SGL Carbon SE
    • 16.3.8.1 Company Overview
    • 16.3.8.2 Product Portfolio
  • 16.3.9 Specialty Materials Inc.
    • 16.3.9.1 Company Overview
    • 16.3.9.2 Product Portfolio
  • 16.3.10 Stanford Advanced Materials
    • 16.3.10.1 Company Overview
    • 16.3.10.2 Product Portfolio
  • 16.3.11 Suzhou Saifei Group Co. Ltd.
    • 16.3.11.1 Company Overview
    • 16.3.11.2 Product Portfolio
  • 16.3.12 TISICS Limited
    • 16.3.12.1 Company Overview
    • 16.3.12.2 Product Portfolio
  • 16.3.13 Ube Industries Ltd.
    • 16.3.13.1 Company Overview
    • 16.3.13.2 Product Portfolio