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.