Global Silicon Carbide Fibers Market Size & Outlook
The silicon carbide fibers industry worldwide is expected to reach a projected revenue of US$ 5,438.8 million by 2027. A compound annual growth rate of 33.1% is expected of the worldwide silicon carbide fibers industry from 2020 to 2027.
Revenue, 2019 (US$M)
$551.3
Forecast, 2027 (US$M)
$5,438.8
CAGR, 2020 - 2027
33.1%
Report Coverage
Worldwide
Global silicon carbide fibers market, 2016-2027 (US$M)
Related Markets
Global silicon carbide fibers market highlights
- The global silicon carbide fibers market generated a revenue of USD 551.3 million in 2019 and is expected to reach USD 5,438.8 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 33.1% by 2027.
- In terms of segment, continuous accounted for a revenue of USD 302.8 million in 2019.
- Continuous is the most lucrative form segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, UK is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 551.3 million |
| Market revenue in 2027 | USD 5,438.8 million |
| Growth rate | 33.1% (CAGR from 2019 to 2027) |
| Largest segment | Continuous |
| Fastest growing segment | Continuous |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Continuous, Woven, Other Forms |
Other key industry trends
- In terms of revenue, the North America accounted for 52.1% of the global silicon carbide fibers market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, UK is the fastest growing regional market and is projected to reach USD 119.4 million by 2027.
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Silicon Carbide Fibers Market Scope
Silicon carbide fibers market segmentation & scope
Silicon Carbide Fibers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global silicon carbide fibers 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 silicon carbide fibers market will help companies and investors design strategic landscapes.
continuous was the largest segment with a revenue share of 54.92% in 2019. Horizon Databook has segmented the Global silicon carbide fibers market based on continuous, woven, other forms covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Silicon Carbide Fibers Form Outlook (Revenue, USD Million, 2016-2027)
- Continuous
- Woven
- Other Forms
- Global Silicon Carbide Fibers Usage Outlook (Revenue, USD Million, 2016-2027)
- Composites
- Non-composites
- Global Silicon Carbide Fibers Application Outlook (Revenue, USD Million, 2016-2027)
- Aerospace & Defense
- Energy & Power
- Industrial
- Others Applications
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Horizon Databook provides a detailed overview of global-level data and insights on the Global silicon carbide fibers market , including forecasts for subscribers. This global databook contains high-level insights into Global silicon carbide fibers market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global silicon carbide fibers market statistics, by region, 2016-2027 (US$M)
Top 10 countries: Silicon carbide fibers market size, 2019 (USD Million)
Top 10 countries: Silicon carbide fibers market size, 2019 (USD Million)
Global silicon carbide fibers market, by region, 2019 (US$M)
Related regional statistics
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