France Silicon Carbide Fibers Market Size & Outlook
France silicon carbide fibers market, 2016-2027 (US$M)
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France silicon carbide fibers market highlights
- The France silicon carbide fibers market generated a revenue of USD 6.6 million in 2019 and is expected to reach USD 40.4 million by 2027.
- The France market is expected to grow at a CAGR of 25.4% 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 6.6 million |
| Market revenue in 2027 | USD 40.4 million |
| Growth rate | 25.4% (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, France accounted for 1.2% 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 Europe, Germany silicon carbide fibers market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 139.8 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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France 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 56.06% in 2019. Horizon Databook has segmented the France silicon carbide fibers market based on continuous, woven, other forms covering the revenue growth of each sub-segment from 2016 to 2027.
According to the World Bank, France is the third-largest economy in Europe and is an advanced and industrialized country. France had a GDP of USD 2.708 trillion in 2019. According to the European Commission, the GDP growth in France is expected at around −10.6% in 2020 and approximately 7.6% by 2021, considering the COVID-19 pandemic.
France's chemical industry comprises 3,300 companies producing a wide range of chemicals, including basic, specialty, and fine chemicals. According to the Cefic, The total chemical sales in France were around USD 88.5 billion in 2018.
France is one of the dominant chemical producers in the European region. Growing adoption of silicon carbide fibers to produce filters, reactors, heat exchangers and reforms which are extensively used in chemical industry is projected to drive the market SiC fiber market demand in the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the France silicon carbide fibers market , including forecasts for subscribers. This country databook contains high-level insights into France silicon carbide fibers market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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France silicon carbide fibers market size, by form, 2016-2027 (US$M)
France Silicon Carbide Fibers Market Outlook Share, 2019 & 2027 (US$M)
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