DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/fm3cb8/global_ceramic) has announced the addition of the "Global Ceramic Matrix Composites (CMC) Market 2014-2018" report to their offering.
The Global CMC market to grow at a CAGR of 9.89% over the period 2013-2018
Ceramic matrix composites (CMCs) are manufactured by strengthening a ceramic matrix with a refractory fiber. The ceramic matrix can be of various types including silicon carbide and alumina matrices, among others. The reinforcements can also be made in different forms, including continuous or short fibers and particles. Because of their superior material properties such as heat and wear resistance and high strength, CMCs serves several industries, including Mechanical and Chemical, Aerospace and Defense, and Energy and Environmental. They are being extensively researched for their applications in hot-zone structures, as a replacement for metal alloys.
The Leap program initiated by GE Aviation, a subsidiary of GE, is the major trend being witnessed by the Global CMC market. GE's program is aimed at manufacturing and supplying CMC turbine-based Leap engines to major players in the Aviation industry.
According to the report, increased demand from the aviation industry is one of the major drivers in the Global CMC market. CMCs are increasingly being used in the manufacturing of jet engines because of their high wear resistance and ability to work in high temperatures.
Further, the report states that the dearth of global demand is hindering market growth. As most of the demand is being generated from developed nations, especially the US, manufacturers are finding it difficult to expand geographically.
The Global CMC market can be divided into the following segments based on application:
- Mechanical and Chemical
- Energy and Environment
- Aerospace and Defense
- Others.
Key Vendors
- 3M Company
- Ceradyne
- COI Ceramics
- General Electric Company
- Ube Industries
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Global CMC Market
- Market Segmentation by Application
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/fm3cb8/global_ceramic
