Brazil Silicon Carbide Fibers Market Size & Outlook
Brazil silicon carbide fibers market, 2016-2027 (US$M)
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Brazil silicon carbide fibers market highlights
- The Brazil silicon carbide fibers market generated a revenue of USD 16.9 million in 2019 and is expected to reach USD 85.0 million by 2027.
- The Brazil market is expected to grow at a CAGR of 22.4% from 2020 to 2027.
- In terms of segment, continuous was the largest revenue generating form in 2019.
- Continuous is the most lucrative form segment registering the fastest growth during the forecast period.
Silicon carbide fibers market data book summary
| Market revenue in 2019 | USD 16.9 million |
| Market revenue in 2027 | USD 85.0 million |
| Growth rate | 22.4% (CAGR from 2019 to 2027) |
| Largest segment | Continuous |
| Fastest growing segment | Continuous |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Continuous, Woven, Other Forms |
| Key market players worldwide | Ube Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.1% of the global silicon carbide fibers market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Latin America, Brazil silicon carbide fibers market is projected to lead the regional market in terms of revenue in 2027.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 85.0 million by 2027.
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Silicon Carbide Fibers Market Scope
Silicon Carbide Fibers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 56.8% in 2019. Horizon Databook has segmented the Brazil silicon carbide fibers market based on continuous, woven, other forms covering the revenue growth of each sub-segment from 2016 to 2027.
Brazil is the largest and fastest growing market in Central & South America. It accounted for over 81.7% of the overall revenue share in Central & South America region owing to the robust growth in aerospace, chemical, oil & gas, and transportation industries in the country.
Brazil is likely to continue to be the largest market for SiC fibers over the forecast period in the CSA region. Some of the top aircraft manufacturers are located in the Brazilian economy which offers jumbo size jets which is estimated to drive the demand for SiC fibers, as they increasingly used in producing aircraft components over the forecast period.
Brazil is expected to drive the aircrafts market in Central & South America with the manufacturing capacity of around 2,550 aircraft. The burgeoning demand is contributed to growing passenger traffic and introduction of green aircrafts that are estimated to emit lesser carbon dioxide and reduce noise, leading to increased demand for lightweight materials over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil silicon carbide fibers market , including forecasts for subscribers. This country databook contains high-level insights into Brazil silicon carbide fibers market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Brazil silicon carbide fibers market size, by form, 2016-2027 (US$M)
Brazil Silicon Carbide Fibers Market Outlook Share, 2019 & 2027 (US$M)
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