Middle East & Africa Ceramic Matrix Composites Market Size & Outlook
Middle East & Africa ceramic matrix composites market, 2018-2030 (US$M)
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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 2022 | USD 72.8 million |
| Market revenue in 2030 | USD 177.1 million |
| Growth rate | 11.8% (CAGR from 2022 to 2030) |
| Largest segment | Sic |
| Fastest growing segment | Oxide |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oxide, SiC, Carbon |
| Key market players worldwide | 3M 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 |
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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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Our clientele includes a mix of ceramic matrix composites market companies, investment firms, advisory firms & academic institutions.
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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 Outlook Share, 2022 & 2030 (US$M)
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