DUBLIN, Nov. 20, 2023 /PRNewswire/ -- The "High-Temperature Composite Materials - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global High-Temperature Composite Materials Market to Reach $8.1 Billion by 2030
The global market for High-Temperature Composite Materials estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$8.1 Billion by 2030, growing at a CAGR of 7.5% over the analysis period 2022-2030.
CMC, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$3.9 Billion by the end of the analysis period. Growth in the MMC segment is estimated at 7.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 9.2% CAGR
The High-Temperature Composite Materials market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$838.8 Million by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- High-Temperature Composite Materials - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Need for Advanced Materials, the Cornerstone for Innovation & Growth of High Temperature Composite Materials
- Everything is Made Up of Something: Robust Opportunity for Advanced Materials, the Foundation for Growth in the High Temperature Composites Market: Global Market for Advanced Materials (In US$ Billion) for Years 2020, 2022 and 2024
- Year 2020 Has Been a Year of Astounding Disruption & Unbelievable Transformation
- COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
- The First Vaccines Are Here! Will It Change the Existing Economic Realities? & Is it Really the Silver Bullet We Were Waiting For?
- How Are Major End-Use Industries for High Temperature Composite Materials Impacted by the Pandemic & What's the New Normal?
- Military & Defense Industry
- High Temperature Composites Materials: Definition, Scope, Types, Applications, Research & Development
- Recent Industry Activity
- Innovations
- World Brands
MARKET TRENDS & DRIVERS
- Hypersonic Aircrafts to Spur Demand for Ultra-High-Temperature Composite Materials
- As the Race to Leverage Emerging Opportunities in Hypersonics Begins, Material Innovations Remain Crucial in Breaking New Barriers: Global Market for Hypersonic Missiles (In US$ Million) for Years 2020, 2022, 2024, 2026
- Lightweighting in Aerospace Components & Systems to Drive Growth in the Market
- Global Fleet of Commercial Aircraft in 2036 by Region (in Units)
- Aging Aircraft Expand Opportunities for Engineering Materials
- Fleet Upgrades & New Aircraft Manufacturing Opportunities to Open Parallel Growth Opportunities for High Temperature Composite Materials: Global Average Aircraft Fleet Age (In Years) by Geographic Region/Country for Cumulative Period 2018-2023 and 2023-2028
- Robust Opportunities Emerge in Energy Storage Applications
- Why Energy Storage is Growing in Popularity?
- Here's How High-Temperature Composites Can Revolutionize Energy Storage
- Technological Advances Especially in Materials Remain Important in Driving Energy Storage Capacity Additions: Energy Storage Capacity Worldwide (In Gigawatt Hours) for Years 2020, 2025 & 2030
- Growing Demand for High Temperature Electronics to Drive New Opportunities for High Temperature Ceramic Composites
- Ceramic Matrix Composites (CMC), the Most Popular Type of High Temperature Composites
- CMCs In Aerospace
- Why Metal Matrix Composites (MMC) Are Finally Becoming the Material of Choice for Manufacturers
- Continuous Innovations Will Be the Way Forward
FOCUS ON SELECT PLAYERS (Total 57 Featured)
- 3M Company
- DuPont de Nemours, Inc.
- Akzo Nobel NV
- Evonik Industries AG
- Arkema Group
- Cabot Corporation
- DIC Corporation
- Ceramtec GmbH
- COI Ceramics, Inc.
- 3A Composites International AG
- Barrday Inc.
- De-Comp Composites, Inc.
- Diatex SAS
- AOC Aliancys
- Avient Corp.
For more information about this report visit https://www.researchandmarkets.com/r/fhswxa
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO73474&Transmission_Id=202311200630PR_NEWS_USPR_____IO73474&DateId=20231120)
Share this article