Ceramic Matrix Composites Market worth $21.61 billion by 2030 at 10.3%, says MarketsandMarkets™

by | October 8, 2025 8:24 pm | Economics

Delray Beach, FL,, Oct. 08, 2025 (GLOBE NEWSWIRE) — In terms of value, the Ceramic Matrix Composites Market is projected to grow from USD 12.0 billion in 2024 to USD 21.61 billion by 2030, at a CAGR of 10.3%, as per the recent study by MarketsandMarkets™. During the forecast period, the global ceramic matrix composites market is expected to grow rapidly as the demand for ceramic matrix composites is on the rise across diverse end-use industries due to their unique properties and growing applications of ceramic matrix composites. The applications of ceramic matrix composites are diverse and crucial in the aerospace & defense, automobile, energy & power, and industrial end-use industries, offering a range of benefits that contribute to the efficiency, performance, and sustainability of aircraft. The market is also expected to benefit from technological advancements in ceramic matrix composite manufacturing processes, making the material stronger, lighter, and more durable.

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Browse in-depth TOC on “Ceramic Matrix Composites Market”

200 – Market Data Tables
150 – Figures
300 – Pages

List of Key Players in Ceramic Matrix Composites Market:       

  1. GE Aerospace (US),
  2. Rolls-Royce plc (UK),
  3. SGL Carbon (Germany),
  4. Axiom Materials (US),
  5. CoorsTek Inc. (US),
  6. Lancer Systems (US),
  7. COIC (US),
  8. Applied Thin Films, Inc. (US),
  9. Ultramet (US),
  10. Mitsubishi Chemical Group Corporation (Japan)

Drivers, Opportunities and Challenges in Ceramic Matrix Composites Market:

  1. Drivers: Higher demand for lightweight and fuel-efficient vehicles
  2. Restraint: Higher costs than other metals and alloys.
  3. Opportunity: Growing use of lightweight components in various end-use industries.
  4. Challenge: Limited use due to reparability and recyclability.

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Key Findings of the Study:

  1. Carbon/silicon carbide matrix type segment accounted for the largest market share in 2024.
  2. Continuous fiber type segment held the largest market share in the ceramic matrix composites market in 2024.
  3. North America is expected to account for …

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