Global Ceramic Matrix Composites Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Fiber Type;

Oxide Ceramic Fiber and Non-Oxide Ceramic Fibers

By Fiber Length;

Continuous Ceramic Matrix Composite Fibers and Discontinuous Ceramic Matrix Composite Fibers

By Type;

Oxide/Oxide Ceramic Matrix Composites , Silicon Carbide (SiC)/Silicon Carbide (SiC) Ceramic Matrix Composites , Carbon/Silicon Carbide (Sic) Ceramic Matrix Composites, Carbon/Carbon Ceramic Matrix Composites, and Others

By End Use Industry;

Aerospace & Defense, Automotive, Energy & Power, Electricals & Electronics, Industrial, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn131060005 Published Date: May, 2025 Updated Date: June, 2025

Ceramic Matrix Composites Market Overview

Ceramic Matrix Composites Market (USD Million)

Ceramic Matrix Composites Market was valued at USD 13,652.49 million in the year 2024. The size of this market is expected to increase to USD 26,341.46 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.7%.


Global Ceramic Matrix Composites Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.7 %
Market Size (2024)USD 13,652.49 Million
Market Size (2031)USD 26,341.46 Million
Market ConcentrationMedium
Report Pages301
13,652.49
2024
26,341.46
2031

Major Players

  • Applied Thin Films Inc.
  • Ceramtec International
  • COI Ceramics Inc.
  • Coorstek Inc.
  • FMI (Fiber Materials Inc.)
  • General Electric Co. (GE)
  • Lancer Systems LP
  • MATECH GSM
  • Rockwest Composites
  • Precision Cast Parts
  • Pyromeral Systems
  • Rolls Royce
  • SGL Carbon SE

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Ceramic Matrix Composites Market

Fragmented - Highly competitive market without dominant players


The Ceramic Matrix Composites (CMC) Market is witnessing notable growth due to a rising preference for lightweight, high-strength materials across demanding industrial applications. These composites are favored for their thermal durability, corrosion resistance, and mechanical performance. Around 45% of demand is driven by sectors requiring materials that can endure intense heat and stress conditions, emphasizing their critical role in next-gen engineering.

Performance Benefits Fueling Market Expansion
The unique combination of low density, oxidation resistance, and heat tolerance is pushing CMCs into mainstream adoption. Nearly 50% of manufacturers are now incorporating ceramic composites to improve product efficiency, service longevity, and system resilience. These benefits are prompting a rapid shift from conventional materials to more technologically advanced alternatives.

Strong Focus on Innovation and R&D
Industry players are increasingly channeling investments into research and development, with more than 40% aiming to refine CMC characteristics. Key innovations are enhancing properties such as fracture toughness, wear resistance, and thermal shock resilience, which are vital for the next generation of high-performance applications.

Widening Use Across Industrial Applications
The adaptability of CMCs is evident in their expanding role in high-temperature environments. Currently, over 55% of these applications depend on ceramic composites for their low thermal conductivity and superior lifecycle performance. Their increasing use across diverse sectors highlights the market’s strong growth trajectory and future potential.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Fiber Type
    2. Market Snapshot, By Fiber Length
    3. Market Snapshot, By Type
    4. Market Snapshot, By End Use Industry
    5. Market Snapshot, By Region
  4. Ceramic Matrix Composites Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweighting
        2. High-temperature resistance
        3. Superior mechanical properties
        4. Fuel efficiency
      2. Restraints
        1. High production costs
        2. Complex manufacturing processes
        3. Limited scalability
        4. Material brittleness
      3. Opportunities
        1. Lightweighting initiatives
        2. Sustainable materials demand
        3. Advancements in manufacturing techniques
        4. Tailored material formulations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Ceramic Matrix Composites Market, By Fiber Type, 2021 - 2031 (USD Million)
      1. Oxide ceramic Fiber
      2. Non-oxide Ceramic Fibers
    2. Ceramic Matrix Composites Market, By Fiber Length, 2021 - 2031 (USD Million)
      1. Continuous Ceramic Matrix Composite Fibers
      2. Discontinuous Ceramic Matrix Composite Fibers
    3. Ceramic Matrix Composites Market, By Type, 2021 - 2031 (USD Million)
      1. Oxide/Oxide Ceramic Matrix Composites
      2. Silicon Carbide (SiC)/Silicon Carbide (SiC) Ceramic Matrix Composites
      3. Carbon/Silicon Carbide (Sic) Ceramic Matrix Composites
      4. Carbon/Carbon Ceramic Matrix Composites
      5. Other Ceramic Matrix Composites
    4. Ceramic Matrix Composites Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Aerospace & Defense
      2. Automotive
      3. Energy & Power
      4. Electricals & Electronics
      5. Industrial
      6. Others
    5. Ceramic Matrix Composites Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Applied Thin Films Inc.
      2. Ceramtec International
      3. COI Ceramics Inc.
      4. Coorstek Inc.
      5. FMI (Fiber Materials Inc.)
      6. General Electric Co. (GE)
      7. Lancer Systems LP
      8. MATECH GSM
      9. Rockwest Composites
      10. Precision Cast Parts
      11. Pyromeral Systems
      12. Rolls Royce
      13. SGL Carbon SE
  7. Analyst Views
  8. Future Outlook of the Market