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SiC Fibers Market worth 510.28 Million USD by 2021

The global SiC fibers market is projected to reach USD 510.28 Million by 2021, at a CAGR of 2.91% from 2016 to 2021. The rapid growth of the market is driven by technological advancement in the aerospace, nuclear, and power generation industries.

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SiC Fibers Market worth 510.28 Million USD by 2021

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  1. MarketsandMarkets™ Presents SiC Fibers Market worth 510.28 Million USD by 2021

  2. The report "SiC Fibers Market by Type (Continious\Long Fibers, Chopped\Short Fibers and Others) by Application (Aerospace, Power Generation, Nuclear Application and Others), by Region - Forecast to 2021", The global silicon carbide (SiC) fibers market is projected to reach USD 510.28 Million by 2021, registering a CAGR of 2.91% from 2016 to 2021. Technological advancement in the aerospace, nuclear, and power generation industries is driving the global SiC fibers market. .

  3. Browse • 120 market data Tables • 42 Figures spread through 176 Pages • in-depth TOC on "SiC Fibers Market by Type, by Region - Forecast to 2021“ • Early buyers will receive 10% customization on reportsDownload PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=171928034

  4. Continuous SiC fibers has the major share in the SiC fibers market The continuous SiC fibers, also known as tow, are used as reinforcement materials for ceramic composites materials (CMC) and plastic composite materials (PMC). These fibers possess high strength, heat resistance, corrosion resistance, even in extreme conditions. Through composite reinforcement, SiC fibers provide improved performance opportunities to ceramic, plastic, and metal (CMC, PMC, and MMC) matrices. Aerospace represent the bulk of demand for SiC fibers SiC- and silicon nitride-based ceramic and ceramic composites are promising materials for high-temperature applications in aerospace engines because of their properties such as high strength; excellent creep, oxidation, and corrosion resistance; and low density. SiC ceramics have excellent high-temperature oxidation and creep resistance up to 1,500°C. As a result, SiC fibers are becoming increasingly important in aerospace application.

  5. . • Asia-Pacific to register the highest CAGR during the forecast period • Asia-Pacific is the fastest growing market for SiC fibers, followed by Europe and North America. China, the U.S., and Japan are the largest consumers of SiC fibers. Factors such as evolving environmental & regulatory scenario and pressure from flagship companies to improve environmental performance of their supply chain have led to increasing demand for SiC fibers in Asia-Pacific. In this region, Japan is the major producer and consumer of SiC fibers. Nippon Carbon Co. Ltd. and UBE Industries of Japan are the global leaders in the SiC fibers market. The Japanese government is also actively supporting R&D activities on SiC fibers. • Key players in the SiC fibers market • The key players in the market include SGL Group- The Carbon Company (Germany), UBE Industries (Japan), NGS Advanced Fibers Co. Ltd. (Japan), COI Ceramics (U.S.), Specialty Materials (U.S.), Nippon Carbon Co. Ltd. (Japan), Saint-Gobain (France), Volzhsky Abrasive Works (Russia), and Washington Mills (U.S.) • Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=171928034

  6. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

  7. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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