Middle East & Africa Ceramic Matrix Composites Market Size & Outlook

The ceramic matrix composites market in Middle East & Africa is expected to reach a projected revenue of US$ 177.1 million by 2030. A compound annual growth rate of 11.8% is expected of Middle East & Africa ceramic matrix composites market from 2023 to 2030.
Revenue, 2022 (US$M)
$72.8
Forecast, 2030 (US$M)
$177.1
CAGR, 2023 - 2030
11.8%
Report Coverage
Middle East & Africa

MEA ceramic matrix composites market highlights

  • The MEA ceramic matrix composites market generated a revenue of USD 72.8 million in 2022.
  • The market is expected to grow at a CAGR of 11.8% from 2023 to 2030.
  • In terms of segment, sic was the largest revenue generating product in 2022.
  • Oxide is the most lucrative product segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2022USD 72.8 million
Market revenue in 2030USD 177.1 million
Growth rate11.8% (CAGR from 2022 to 2030)
Largest segmentSic
Fastest growing segmentOxide
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOxide, SiC, Carbon
Key market players worldwide3M Co, Comet Ridge Ltd, CoorsTek, GE Aerospace, Kyocera Corp, SGL Group, Ultramet, Ube Corp


Other key industry trends

  • In terms of revenue, MEA region accounted for 2.1% of the global ceramic matrix composites market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,842.5 million by 2030.

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Ceramic Matrix Composites Market Scope

Ceramic Matrix Composites Market Companies

Name Profile # Employees HQ Website

Middle East & Africa ceramic matrix composites market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ceramic matrix composites market will help companies and investors design strategic landscapes.


Sic was the largest segment with a revenue share of 38.6% in 2022. Horizon Databook has segmented the Middle East & Africa ceramic matrix composites market based on oxide, sic, carbon covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ceramic matrix composites market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ceramic matrix composites market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Middle East & Africa ceramic matrix composites market

Middle East & Africa Ceramic Matrix Composites Market Outlook Share, 2022 & 2030 (US$M)

Middle East & Africa ceramic matrix composites market

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