Ceramic Matrix Composites Industry Overview

The global ceramic matrix composites market size is expected to reach USD 8.94 billion by 2030, registering a CAGR of 12.8% during the forecast period, according to a new report by Grand View Research Inc. Increasing demand for ceramic matrix composites is being driven by their superior properties, such as high-temperature stability, reduced weight, and high strength.

Ceramic matrix composites have evoked keen interest from the aerospace and automotive sectors, owing to their superior mechanical properties, high strength-to-weight ratio, and vast application scope. Increasing fuel prices have triggered the need for lightweight components to boost fuel efficiency. The majority of automobiles today run on conventional fuel, so fuel-efficient products are in high demand. However, applications for CMCs are restricted due to their high prices. CMCs are mainly used in aerospace, automotive, and electronic or thermal management applications. CMC users come from industries such as Boeing, Airbus S.A.S., NASA, GE Global Research, etc.

Gather more insights about the market drivers, restrains and growth of the Ceramic Matrix Composites Market

Market players focus on expanding their product portfolio and implementing faster product delivery strategies to gain a competitive advantage in various regional markets. The industry's rivalry is expected to be moderate with major players adopting strategies such as new product developments, acquisitions, partnerships, and joint ventures.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

• The global cobalt market siz ewas estimated at USD 16.96 billion in 2024 and is expected to grow at a CAGR of 6.7% from 2025 to 2030. 

• The global silicon carbide fibers market size was valued at USD 1.20 billion in 2024 and is projected to grow at a CAGR of 28.1% from 2025 to 2030. 

Ceramic Matrix Composites Market Segmentation

Grand View Research has segmented the global ceramic matrix composites market report based on product, application, and region:

Ceramic Matrix Composites Product Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)

• Oxides
• Silicon Carbide
• Carbon
• Others

Ceramic Matrix Composites Application Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)

• Aerospace
• Defense
• Energy & Power
• Electrical & Electronics
• Others

Ceramic Matrix Composites Regional Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa

Key Companies profiled:

• 3M Company
• COI Ceramics, Inc.
• Coorstek, Inc.
• General Electric Company
• Kyocera Corporation
• Lancer Systems LP
• SGL Carbon Company
• Ultramet, Inc.
• Ube Industries, Ltd.

Order a free sample PDF of the Ceramic Matrix Composites Market Intelligence Study, published by Grand View Research.