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SiC Fibres Market

Market Insights on SiC Fibres covering sales outlook, demand forecast & up-to-date key trends

SiC Fibres Market: Global Industry Analysis and Opportunity Assessment 2022-2032

SiC Fibres Market Overview

In 2021, the net worth of the global SiC fibers market is estimated to be around US$ 690 Mn in the year 2022. Looking ahead, FMI anticipates the worldwide sales of SiC fiber would be worth around US$ 1,710 Mn by the year 2032 by registering a CAGR of 9.5% during this period.



Market Size Value (2022)

US$ 690 Mn

Market Size Value (2032)

US$ 1,710 Mn

Market Growth Rate (2022-2032)


SiC fibres have grown in popularity over the last few years which can be attributed to their high strength-to-weight ratio, better stiffness and oxidation resistance, as well as wettability. The demand for SiC fibres is becoming stronger, particularly in high-temperature and high-pressure structural construction applications. Aviation and military, automotive & transportation, power generation, and electronics industries are some of the rapidly expanding end-use sectors that have increased the sales of SiC fibres these days.

Until the year 2021, the United States led the global SiC fiber market and is also projected to continue in this position over the greater part of the forecast years. The US dominance can be attributed to an increase in aviation engine manufacturing and a rise in the volume of defense aircraft exports to many countries. However, China is emerging as a strong competitor for the US and is anticipated to overtake the US in the later part of the forecast years.

By the virtue of the presence of major electronics manufacturing firms in the country, as well as considerable investment in R&D and technical advances, China is projected to boost the emergence of new SiC fibres market players that could compete on a global level. These prominent market players are extending their footprints across multiple new sectors and are reaching new developing regions to strengthen their consumer base and enhance their market presence.

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Discovery of Many New Areas of Application for Silicon Carbide Fibre

The very recent boom in the global SiC fibres market has occurred due to its increased use in the manufacturing of gas turbine engines, which is a stronger requirement to create fuel-efficient airplanes. Moreover, its rising demand for aerospace engineering materials has emerged as a major source of income for many Silican Carbide fibres market key players recently.

SiC fibre is also a very crucial element in nuclear power plant component production and increased R&D investments in this sector, and some of the other technical developments are the new avenues that are likely to provide immense growth prospects for the project during the projection period. Other than that, its increased utilization in fighter aircraft production for dynamic operating conditions and difficulties in combat situations is also driving market trends.

SiC fiber is primarily composed of SiC crystallites and anamorphous blend of carbon, silicon and oxygen. SiC fiber excellent mechanical properties such high strength, modulus and chemical properties such as resistance to chemical attack and oxidation.

Its high strength properties makes SiC an exceptional material for reinforcing composites such as polymer, ceramic, titanium and metal. Ceramic matrix composites widely uses SiC as reinforcing fibres for high temperature applications such as the components required gas turbine engines handling up to 2700°F.

The SiC are available in continuous fiber type also called as tow and whiskers which are called short fibres. Also, available in various SiC grades which differ in electrical properties, surface treated SiC grades are also widely used depending on the required properties to be adopted in the final product.

Poly-vinyl acetate, poly-vinyl alcohol, epoxy are used in surface treatment of SiC fiber. The global SiC fiber market is expected to grow significantly at a higher rate with the increasing adoption of SiC fibres in the various composites used in aerospace, nuclear, chemical manufacturing and other applications. 

Global SiC Fiber Market: Drivers and Restraints

The exceptional SiC fiber properties such as high tensile strength, toughness, high stiffness, high temperature resistance, resistance under chemical attacks makes SiC the material ideal for industrial uses.   The global SiC fiber market is primarily driven by the increasing composite matrix manufacturers. The growth in the prepreg industries fuels the global SiC fiber market since they are widely used in ceramic composites.

Nikhil Kaitwade
Nikhil Kaitwade
Principal Consultant
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Global SiC Fiber Market: Region Wise Outlook

The global SiC fiber market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). In terms of value Europe and North America holds majority of the share in global SiC fiber market and are anticipated to record stable growth during the forecast period.

Next in line is APEJ, especially China, Taiwan, South Korea and India, to account for major share in Asian region. The SiC fiber market is expected to grow in Japan, Latin America followed by MEA in terms of consumption. Overall the global market for SiC fiber is projected to record significantly higher growth during the forecast period. 

Global SiC Fiber Market: Key Players

  • Some of the key players identified in the global SiC fiber market includes:
  • UBE Industries Ltd
  • NGS Advanced Fibers Co., Ltd.
  • Saint-Gobain
  • COI Ceramics, Incorporated
  • Volzhsky Abrasive Works
  • SGL Group – The Carbon Company
  • Washington Mills

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications. 

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The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (Canada, The U.S.)
  • Latin America (Mexico, Brazil, Rest Of Latin America )
  • Western Europe (Germany, Italy, France, U.K, Spain, Netherlands, BENELUX, Nordic countries )
  • Eastern Europe ( Russia, Rest Of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, S. Africa, N. Africa and Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global SiC Fiber Market: Segmentation

On the basis of fiber type, SiC fiber market is segmented into:-

  • Continuous fiber
  • Whiskers

On the basis of commercial availability of product form, SiC fiber market is segmented into:-

  • Tow form
  • Woven form

On the basis of matrix composite type, SiC fiber market is segmented into:-

  • Polymer Matrix Composite (PMC)
  • Ceramic Matrix Composite (CMC)
  • Metal Matric Composite (MMC)

  On the basis of application, SiC fiber market is segmented into:-

  • Power Generation
  • Nuclear
  • Aerospace
  • Defense
  • Others

Frequently Asked Questions

The market is likely to register a CAGR of 9.5% through 2032.

The market is currently valued at US$ 690 Mn in 2022.

The market is likely to grow to a valuation of US$ 1710 Mn by 2032.

North America is likely to be a leading market during the forecast period.

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Nikhil Kaitwade
Principal Consultant
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