From GlobeNewswire: 2025-02-18 06:30:00

The global SiC Fiber Market is projected to reach US$ 723.4 million in 2025, with a CAGR of 11.4% from 2025 to 2035. SiC fibers offer high stress, deformation, and temperature resistance, making them ideal for various industries, driving innovation and efficiency. The market is expected to grow with increasing demand and technological advancements.

Key findings from the market study show the SiC fiber market growing at 11.4% CAGR to reach US$ 2,129.3 million by 2035. North America is projected to hold a market share of 54.8% in 2035, with aerospace industry growth at a CAGR of 11.5%. Leading players in the industry include American Elements, GE Aviation, and SGL Carbon SE.

In a recent development, General Atomics was awarded a DOE contract for Silicon Carbide CMC for Fusion Power Plants, showcasing expertise in SiC materials. Fact.MR provides valuable insights into the market, with historical data from 2019 to 2023 and forecasts up to 2035, segmented by fiber type, industry, and region.

Fact.MR continues to offer comprehensive market reports, including studies on Diesel Oxidation Catalysts, Tall Oil Pitch, Chromium Trioxide, Europe High Temperature Coatings, and Color Filter Glass markets. With a commitment to accuracy and reliability, Fact.MR empowers businesses with crucial data for informed decision-making and market positioning.



Read more at GlobeNewswire: SiC Fiber Market is Expected to Reach at US$ 2,129.3