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 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 2019USD 551.3 million
Market revenue in 2027USD 5,438.8 million
Growth rate33.1% (CAGR from 2019 to 2027)
Largest segmentContinuous
Fastest growing segmentContinuous
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationContinuous, 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 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 size, by region, 2016-2027 (US$M)

Top 10 countries: Silicon carbide fibers market size, 2019 (US$M)

Global silicon carbide fibers market share, by form, 2019 & 2027 (%, US$M)

Silicon carbide fibers market: Opportunity assessment by country

Global silicon carbide fibers market, by region, 2019 (US$M)

Global silicon carbide fibers market size, by region, 2016-2027 (US$M)

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