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Global silicon carbide (sic) fibers market likely to grow at 8.2% CAGR during 2016 to 2021 according to new research report

Stratview Research announces the addition of a new market research report on Global Silicon Carbide (SiC) Fibers Market by Fiber Type (Continuous and Short Fibers), by Application Type (Aerospace & Defense, Power Generation, Nuclear, and Others), by Usage Type (Composites and Non-Composites), by Region (NA, Europe, APAC, ROW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021. This market report from Stratview Research studies the global fibers market over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Global Silicon Carbide Fiber Market: Highlights
Stratview Research foresees a robust growth opportunity of CAGR 8.2% in the SiC fibers market over the next five years (2016 – 2021), which offers an opportunity to the materials industryplayers to align themselves with the market growth. Technological advancement, development of new applications in high temperature areas, and high focus of major engine manufacturers to increase the use of SiC fibers in upcoming engine models for commercial and military aircraft are likely to drive the SiC fibers market. 
Aerospace and Defense segment is expected to experience the fastest growth during the forecast period driven by continuous development of new applications in high temperature areas (1,100°C to 1,600°C) of the aircraft engines. SiC Fibers based composites have one-third density to the nearest rival Nickel metal alloys and therefore reduce the overall engine weight significantly.
Continuous SiC fibers also known as tow, are expected to experience the fastest growth during the forecast period. Continuous fibers are suitable for ceramic matrix composites (CMC), metal matrix composites (MMC), and polymer matrix composites (PMC).

They (continuous fibers) are widely preferred in the aerospace and defense industry. 
North America is expected to remain the largest market for SiC fibers during the forecast period driven by presence of major aircraft engine manufacturers and high demand of CMC components in other industries including power generation and nuclear. Asia-Pacific region is expected to witness the fastest growth during the forecast period, driven by growing aerospace and defense industry. 
The key SiC fiber manufacturers are NGS Advanced Fibers Co. Ltd., COI Ceramics, Specialty Materials, Saint-Gobain, UBE Industries, and Volzhsky Abrasive Works.
Technological development, new product development for high performance applications, and strategic alliances are the key strategies adopted by the key players to gain competitive edge in the market.

Report Features
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value.

It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, product portfolio, product launches,.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

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Category: Market Research Publishers and RetailersCompany about: Stratview Research is a global market intelligence and strategic research firm offering wide range of services including syndicated market reports, custom research, and procurement intelligence across industries such as Advanced Materials, Composites, Aerospace and Defense, Automotive and Transportation, Construction and Equipment, Energy and Utility, Consumer Goods, Marine, and Oil and Gas.
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