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SiC Fibers Market by Type, Form, Phase, Usage, End-use Industry and Region

SiC Fibers Market by Type, Form, Phase, Usage, End-use Industry and Region - Global Forecast to 2025 April 21, 2021 06:43 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com s offering. The global SiC fibers market is projected to grow from USD 382 million in 2020 to USD 1,262 million by 2025, at a compound annual growth rate (CAGR) of 27% between 2020 and 2025. SiC fibers are advanced and have high-performance characteristics. These fibers are used as reinforcements for Ceramic Matrix Composites (CMCs), Polymer Matrix Composites (PMCs), and Metal Matrix Composites (MMCs). However, the negative impact of the COVID-19 pandemic across all the end-use industries has affected the SiC fibers market adversely.

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