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Silicon Carbide (SiC) Fiber Market By Usage (Composites and Non-composites), By Form (Continuous, Woven and Others), By Application (Aerospace & Defense, Energy & Power, Industrial and Others), By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

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    Report

  • 195 Pages
  • June 2021
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5387553
Description Jump to:
The Global Silicon Carbide (SiC) Fibers Market size is expected to reach $2.3 billion by 2027, rising at a market growth of 25.6% CAGR during the forecast period. SiC fibers refer to high-performance and lightweight composite materials, which are utilized in high pressure conditions in different end-use sectors. These fibers are light in weight and display great strength with resistance to corrosion and oxidation. In addition, SiC fibers can also tolerate high-temperature conditions and comes in alpha- and beta-SiC compositions forms. Due to these features, they are highly required in the aerospace & power generation sectors. Additionally, SiC fibers and their composites are becoming a preferred material over any other metal alloys in various end-use applications.

The increasing usage of SiC fibers in aerospace structural applications is among the major trends fueling the growth and demand of the SiC fibers market. Various emerged countries are witnessing a significant demand for these fibers in the production of a range of power & energy materials. The SiC fibers market became highly popular due to the persistent efforts made by manufacturers to increase their production capabilities in the past few years. These latest composite chemistries have developed to offer a broad range of distinct properties to SiC fibers, which has significantly opened new lucrative opportunities for composite manufacturers, particularly in developing countries.


The industrial application segment is expected to garner substantial growth due to the increasing product usage in the production of heat exchangers, filters, reactors, and reformers in the chemical sector. Additionally, the augmented operational lifetime of the products made by utilizing silicon carbide fibers is anticipated to fuel the market growth. SiC fibers are estimated to acquire a considerable demand from the heat transfer sector in the production of preheater, recuperator, and radiant tubes. The rising penetration of the product in manufacturing radiation blankets, furnace components, and fuel cladding for nuclear reactors is also projected to surge its demand in the market.

COVID-19 Impact

The global COVID-19 pandemic has impacted almost every section of society. This pandemic has negatively affected the operational efficiency and disturbed the value chains due to the travel ban across national & international boundaries, thus, negatively affecting the demand for SiC Fibers. The disturbance created by the pandemic in the supply chain along with decreasing number of orders from the aerospace sector and declining production capabilities are collaboratively affecting the demand for SiC Fibers. Though the recovery phase of the economies is getting back on track with their operations, the demand for SiC Fibers is projected to bolster across the globe in the coming years. Additionally, there are many leading companies, which are increasingly investing in the development of advanced products that are among the major driving factors of the SiC fibers market.

Usage Outlook

Based on Usage, the market is segmented into Composites and Non-composites. Based on usage, the composites segment is estimated to garner a substantial growth rate during the forecast period. It is due to the excellent properties of the non-oxide silicon carbide fibers reinforced with composites like better performance in adverse environmental circumstances and structural applications. In addition, they also provide a variety of advantages in comparison to the monolithic composites & metallic superalloys, thereby, contributing to the high demand for the product.

Form Outlook

Based on Form, the market is segmented into Continuous, Woven and Others. The woven silicon carbide fibers segment is anticipated to record substantial growth due to the increasing demand from high-temperature applications. There is a growing usage of improved silicon carbide-based composites in hypersonic applications, which is expected to augment the demand for SiC fibers during the forecast period.



Application Outlook

Based on Application, the market is segmented into Aerospace & Defense, Energy & Power, Industrial and Others. SiC fibers reinforced composites are majorly replacing the metal components in aircraft due to their lightweight and heat resistance properties that is expected to improve the fuel efficiency of aircraft engines. Factors like growing usage of ceramic matrix composites, which are made by utilizing the product in high-pressure turbine shroud are projected to bolster the growth of the silicon carbide fibers market during the forecast period.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia Pacific region is expected to showcase a promising growth rate during the forecast period. It is due to the increasing application industries like energy & power and aerospace & defense. The increasing initiatives by manufacturers in China to implement silicon carbide in their products are estimated to surge the regional market growth.

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
  • Composites
  • Non-composites

By Form
  • Continuous
  • Woven
  • Others

By Application
  • Aerospace & Defense
  • Energy & Power
  • Industrial
  • Others

By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled
  • 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.

Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Silicon Carbide (SiC) Fibers Market, by Usage
1.4.2 Global Silicon Carbide (SiC) Fibers Market, by Form
1.4.3 Global Silicon Carbide (SiC) Fibers Market, by Application
1.4.4 Global Silicon Carbide (SiC) Fibers Market, by Geography
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. Global Silicon Carbide (SiC) Fibers Market by Usage
3.1 Global Silicon Carbide (SiC) Fibers Composites Market by Region
3.2 Global Silicon Carbide (SiC) Fibers Non-composites Market by Region
Chapter 4. Global Silicon Carbide (SiC) Fibers Market by Form
4.1 Global Silicon Carbide (SiC) Fibers Continuous Market by Region
4.2 Global Silicon Carbide (SiC) Fibers Woven Market by Region
4.3 Global Silicon Carbide (SiC) Fibers Others Market by Region
Chapter 5. Global Silicon Carbide (SiC) Fibers Market by Application
5.1 Global Aerospace & Defense Silicon Carbide (SiC) Fibers Market by Region
5.2 Global Energy & Power Silicon Carbide (SiC) Fibers Market by Region
5.3 Global Industrial Silicon Carbide (SiC) Fibers Market by Region
5.4 Global Others Silicon Carbide (SiC) Fibers Market by Region
Chapter 6. Global Silicon Carbide (SiC) Fibers Market by Region
6.1 North America Silicon Carbide (SiC) Fibers Market
6.1.1 North America Silicon Carbide (SiC) Fibers Market by Usage
6.1.1.1 North America Silicon Carbide (SiC) Fibers Composites Market by Country
6.1.1.2 North America Silicon Carbide (SiC) Fibers Non-composites Market by Country
6.1.2 North America Silicon Carbide (SiC) Fibers Market by Form
6.1.2.1 North America Silicon Carbide (SiC) Fibers Continuous Market by Country
6.1.2.2 North America Silicon Carbide (SiC) Fibers Woven Market by Country
6.1.2.3 North America Silicon Carbide (SiC) Fibers Others Market by Country
6.1.3 North America Silicon Carbide (SiC) Fibers Market by Application
6.1.3.1 North America Aerospace & Defense Silicon Carbide (SiC) Fibers Market by Country
6.1.3.2 North America Energy & Power Silicon Carbide (SiC) Fibers Market by Country
6.1.3.3 North America Industrial Silicon Carbide (SiC) Fibers Market by Country
6.1.3.4 North America Others Silicon Carbide (SiC) Fibers Market by Country
6.1.4 North America Silicon Carbide (SiC) Fibers Market by Country
6.1.4.1 US Silicon Carbide (SiC) Fibers Market
6.1.4.1.1 US Silicon Carbide (SiC) Fibers Market by Usage
6.1.4.1.2 US Silicon Carbide (SiC) Fibers Market by Form
6.1.4.1.3 US Silicon Carbide (SiC) Fibers Market by Application
6.1.4.2 Canada Silicon Carbide (SiC) Fibers Market
6.1.4.2.1 Canada Silicon Carbide (SiC) Fibers Market by Usage
6.1.4.2.2 Canada Silicon Carbide (SiC) Fibers Market by Form
6.1.4.2.3 Canada Silicon Carbide (SiC) Fibers Market by Application
6.1.4.3 Mexico Silicon Carbide (SiC) Fibers Market
6.1.4.3.1 Mexico Silicon Carbide (SiC) Fibers Market by Usage
6.1.4.3.2 Mexico Silicon Carbide (SiC) Fibers Market by Form
6.1.4.3.3 Mexico Silicon Carbide (SiC) Fibers Market by Application
6.1.4.4 Rest of North America Silicon Carbide (SiC) Fibers Market
6.1.4.4.1 Rest of North America Silicon Carbide (SiC) Fibers Market by Usage
6.1.4.4.2 Rest of North America Silicon Carbide (SiC) Fibers Market by Form
6.1.4.4.3 Rest of North America Silicon Carbide (SiC) Fibers Market by Application
6.2 Europe Silicon Carbide (SiC) Fibers Market
6.2.1 Europe Silicon Carbide (SiC) Fibers Market by Usage
6.2.1.1 Europe Silicon Carbide (SiC) Fibers Composites Market by Country
6.2.1.2 Europe Silicon Carbide (SiC) Fibers Non-composites Market by Country
6.2.2 Europe Silicon Carbide (SiC) Fibers Market by Form
6.2.2.1 Europe Silicon Carbide (SiC) Fibers Continuous Market by Country
6.2.2.2 Europe Silicon Carbide (SiC) Fibers Woven Market by Country
6.2.2.3 Europe Silicon Carbide (SiC) Fibers Others Market by Country
6.2.3 Europe Silicon Carbide (SiC) Fibers Market by Application
6.2.3.1 Europe Aerospace & Defense Silicon Carbide (SiC) Fibers Market by Country
6.2.3.2 Europe Energy & Power Silicon Carbide (SiC) Fibers Market by Country
6.2.3.3 Europe Industrial Silicon Carbide (SiC) Fibers Market by Country
6.2.3.4 Europe Others Silicon Carbide (SiC) Fibers Market by Country
6.2.4 Europe Silicon Carbide (SiC) Fibers Market by Country
6.2.4.1 Germany Silicon Carbide (SiC) Fibers Market
6.2.4.1.1 Germany Silicon Carbide (SiC) Fibers Market by Usage
6.2.4.1.2 Germany Silicon Carbide (SiC) Fibers Market by Form
6.2.4.1.3 Germany Silicon Carbide (SiC) Fibers Market by Application
6.2.4.2 UK Silicon Carbide (SiC) Fibers Market
6.2.4.2.1 UK Silicon Carbide (SiC) Fibers Market by Usage
6.2.4.3 UK Silicon Carbide (SiC) Fibers Market by Form
6.2.4.3.1 UK Silicon Carbide (SiC) Fibers Market by Application
6.2.4.4 France Silicon Carbide (SiC) Fibers Market
6.2.4.4.1 France Silicon Carbide (SiC) Fibers Market by Usage
6.2.4.4.2 France Silicon Carbide (SiC) Fibers Market by Form
6.2.4.4.3 France Silicon Carbide (SiC) Fibers Market by Application
6.2.4.5 Russia Silicon Carbide (SiC) Fibers Market
6.2.4.5.1 Russia Silicon Carbide (SiC) Fibers Market by Usage
6.2.4.5.2 Russia Silicon Carbide (SiC) Fibers Market by Form
6.2.4.5.3 Russia Silicon Carbide (SiC) Fibers Market by Application
6.2.4.6 Spain Silicon Carbide (SiC) Fibers Market
6.2.4.6.1 Spain Silicon Carbide (SiC) Fibers Market by Usage
6.2.4.6.2 Spain Silicon Carbide (SiC) Fibers Market by Form
6.2.4.6.3 Spain Silicon Carbide (SiC) Fibers Market by Application
6.2.4.7 Italy Silicon Carbide (SiC) Fibers Market
6.2.4.7.1 Italy Silicon Carbide (SiC) Fibers Market by Usage
6.2.4.7.2 Italy Silicon Carbide (SiC) Fibers Market by Form
6.2.4.7.3 Italy Silicon Carbide (SiC) Fibers Market by Application
6.2.4.8 Rest of Europe Silicon Carbide (SiC) Fibers Market
6.2.4.8.1 Rest of Europe Silicon Carbide (SiC) Fibers Market by Usage
6.2.4.8.2 Rest of Europe Silicon Carbide (SiC) Fibers Market by Form
6.2.4.8.3 Rest of Europe Silicon Carbide (SiC) Fibers Market by Application
6.3 Asia Pacific Silicon Carbide (SiC) Fibers Market
6.3.1 Asia Pacific Silicon Carbide (SiC) Fibers Market by Usage
6.3.1.1 Asia Pacific Silicon Carbide (SiC) Fibers Composites Market by Country
6.3.1.2 Asia Pacific Silicon Carbide (SiC) Fibers Non-composites Market by Country
6.3.2 Asia Pacific Silicon Carbide (SiC) Fibers Market by Form
6.3.2.1 Asia Pacific Silicon Carbide (SiC) Fibers Continuous Market by Country
6.3.2.2 Asia Pacific Silicon Carbide (SiC) Fibers Woven Market by Country
6.3.2.3 Asia Pacific Silicon Carbide (SiC) Fibers Others Market by Country
6.3.3 Asia Pacific Silicon Carbide (SiC) Fibers Market by Application
6.3.3.1 Asia Pacific Aerospace & Defense Silicon Carbide (SiC) Fibers Market by Country
6.3.3.2 Asia Pacific Energy & Power Silicon Carbide (SiC) Fibers Market by Country
6.3.3.3 Asia Pacific Industrial Silicon Carbide (SiC) Fibers Market by Country
6.3.3.4 Asia Pacific Others Silicon Carbide (SiC) Fibers Market by Country
6.3.4 Asia Pacific Silicon Carbide (SiC) Fibers Market by Country
6.3.4.1 China Silicon Carbide (SiC) Fibers Market
6.3.4.1.1 China Silicon Carbide (SiC) Fibers Market by Usage
6.3.4.1.2 China Silicon Carbide (SiC) Fibers Market by Form
6.3.4.1.3 China Silicon Carbide (SiC) Fibers Market by Application
6.3.4.2 Japan Silicon Carbide (SiC) Fibers Market
6.3.4.2.1 Japan Silicon Carbide (SiC) Fibers Market by Usage
6.3.4.2.2 Japan Silicon Carbide (SiC) Fibers Market by Form
6.3.4.2.3 Japan Silicon Carbide (SiC) Fibers Market by Application
6.3.4.3 India Silicon Carbide (SiC) Fibers Market
6.3.4.3.1 India Silicon Carbide (SiC) Fibers Market by Usage
6.3.4.3.2 India Silicon Carbide (SiC) Fibers Market by Form
6.3.4.3.3 India Silicon Carbide (SiC) Fibers Market by Application
6.3.4.4 South Korea Silicon Carbide (SiC) Fibers Market
6.3.4.4.1 South Korea Silicon Carbide (SiC) Fibers Market by Usage
6.3.4.4.2 South Korea Silicon Carbide (SiC) Fibers Market by Form
6.3.4.4.3 South Korea Silicon Carbide (SiC) Fibers Market by Application
6.3.4.5 Singapore Silicon Carbide (SiC) Fibers Market
6.3.4.5.1 Singapore Silicon Carbide (SiC) Fibers Market by Usage
6.3.4.5.2 Singapore Silicon Carbide (SiC) Fibers Market by Form
6.3.4.5.3 Singapore Silicon Carbide (SiC) Fibers Market by Application
6.3.4.6 Malaysia Silicon Carbide (SiC) Fibers Market
6.3.4.6.1 Malaysia Silicon Carbide (SiC) Fibers Market by Usage
6.3.4.6.2 Malaysia Silicon Carbide (SiC) Fibers Market by Form
6.3.4.6.3 Malaysia Silicon Carbide (SiC) Fibers Market by Application
6.3.4.7 Rest of Asia Pacific Silicon Carbide (SiC) Fibers Market
6.3.4.7.1 Rest of Asia Pacific Silicon Carbide (SiC) Fibers Market by Usage
6.3.4.7.2 Rest of Asia Pacific Silicon Carbide (SiC) Fibers Market by Form
6.3.4.7.3 Rest of Asia Pacific Silicon Carbide (SiC) Fibers Market by Application
6.4 LAMEA Silicon Carbide (SiC) Fibers Market
6.4.1 LAMEA Silicon Carbide (SiC) Fibers Market by Usage
6.4.1.1 LAMEA Silicon Carbide (SiC) Fibers Composites Market by Country
6.4.1.2 LAMEA Silicon Carbide (SiC) Fibers Non-composites Market by Country
6.4.2 LAMEA Silicon Carbide (SiC) Fibers Market by Form
6.4.2.1 LAMEA Silicon Carbide (SiC) Fibers Continuous Market by Country
6.4.2.2 LAMEA Silicon Carbide (SiC) Fibers Woven Market by Country
6.4.2.3 LAMEA Silicon Carbide (SiC) Fibers Others Market by Country
6.4.3 LAMEA Silicon Carbide (SiC) Fibers Market by Application
6.4.3.1 LAMEA Aerospace & Defense Silicon Carbide (SiC) Fibers Market by Country
6.4.3.2 LAMEA Energy & Power Silicon Carbide (SiC) Fibers Market by Country
6.4.3.3 LAMEA Industrial Silicon Carbide (SiC) Fibers Market by Country
6.4.3.4 LAMEA Others Silicon Carbide (SiC) Fibers Market by Country
6.4.4 LAMEA Silicon Carbide (SiC) Fibers Market by Country
6.4.4.1 Brazil Silicon Carbide (SiC) Fibers Market
6.4.4.1.1 Brazil Silicon Carbide (SiC) Fibers Market by Usage
6.4.4.1.2 Brazil Silicon Carbide (SiC) Fibers Market by Form
6.4.4.1.3 Brazil Silicon Carbide (SiC) Fibers Market by Application
6.4.4.2 Argentina Silicon Carbide (SiC) Fibers Market
6.4.4.2.1 Argentina Silicon Carbide (SiC) Fibers Market by Usage
6.4.4.2.2 Argentina Silicon Carbide (SiC) Fibers Market by Form
6.4.4.2.3 Argentina Silicon Carbide (SiC) Fibers Market by Application
6.4.4.3 UAE Silicon Carbide (SiC) Fibers Market
6.4.4.3.1 UAE Silicon Carbide (SiC) Fibers Market by Usage
6.4.4.3.2 UAE Silicon Carbide (SiC) Fibers Market by Form
6.4.4.3.3 UAE Silicon Carbide (SiC) Fibers Market by Application
6.4.4.4 Saudi Arabia Silicon Carbide (SiC) Fibers Market
6.4.4.4.1 Saudi Arabia Silicon Carbide (SiC) Fibers Market by Usage
6.4.4.4.2 Saudi Arabia Silicon Carbide (SiC) Fibers Market by Form
6.4.4.4.3 Saudi Arabia Silicon Carbide (SiC) Fibers Market by Application
6.4.4.5 South Africa Silicon Carbide (SiC) Fibers Market
6.4.4.5.1 South Africa Silicon Carbide (SiC) Fibers Market by Usage
6.4.4.5.2 South Africa Silicon Carbide (SiC) Fibers Market by Form
6.4.4.5.3 South Africa Silicon Carbide (SiC) Fibers Market by Application
6.4.4.6 Nigeria Silicon Carbide (SiC) Fibers Market
6.4.4.6.1 Nigeria Silicon Carbide (SiC) Fibers Market by Usage
6.4.4.6.2 Nigeria Silicon Carbide (SiC) Fibers Market by Form
6.4.4.6.3 Nigeria Silicon Carbide (SiC) Fibers Market by Application
6.4.4.7 Rest of LAMEA Silicon Carbide (SiC) Fibers Market
6.4.4.7.1 Rest of LAMEA Silicon Carbide (SiC) Fibers Market by Usage
6.4.4.7.2 Rest of LAMEA Silicon Carbide (SiC) Fibers Market by Form
6.4.4.7.3 Rest of LAMEA 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

Companies Mentioned

  • 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.

Methodology

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