Request for Covid-19 Impact Assessment of this Report

Materials and Chemicals

Asia Pacific SiC Fibers Market to 2027 - Regional Analysis and Forecasts By Form (Continuous, Woven Cloth, Others); Usages (Composites, Non-Composites); End-Use Industry (Aerospace and Defense, Energy and Power, Industrial, Others)

  • THE3479179
  • 142 Pages
  • January 2020
  • Materials and Chemicals
Download Sample    Get Discount   
 
The Asia Pacific SiC fibers market is accounted to US$ 55.6 Mn in 2018 and is expected to grow at a CAGR of 34.9% during the forecast period 2019 - 2027, to account to US$ 854.8 Mn by 2027. Tough, lightweight, and heat resistant silicon carbide (SiC) fibres are indispensable for manufacturing components such as aircraft engine parts. They are employed as light-weight materials in airplane construction and to improve the fuel efficiency of aircrafts. The SiC fiber manufacturers are increasingly investing in the production of low cost fibers to fulfil the rising demands of the end use industry. SiC fibers are used in reformers, nuclear reactors, heat exchangers, reusable rocket nozzles, turbine shrouds, furnace components, and gas turbines for jet engines, among others. The presence of several international aerospace corporations such as Commercial Aircraft Corporation of China, Ltd., Xi'an Aircraft Industrial Corporation, Hindustan Aeronautics Limited, and Kawasaki Aerospace Company in Asia Pacific have spurred the demand for SiC fibers. Capacity expansion of SiC fiber plants, increase in demand for fuel-efficient aircrafts, and increased investments in manufacturing SiC fiber-based CMCs (ceramic matrix composite) for land-based gas turbine engines are some factors that are likely to promote the growth of SiC fibers in Asia Pacific during the forecast period.

SiC fibers are finding novel uses in the nuclear industry. Silicon carbide-based fibers are increasingly being used in various nuclear applications as they are resistant to nuclear radiations. Their ability to withstand high temperatures coupled with lightweight and high tensile strength, has made it an indispensable technical ceramic used in making nuclear reactors. Moreover, these fibers are known to offer resistance to corrosion and oxidation and hence are used in producing radiation blankets, and fuel claddings for the nuclear fission and fusion reactors in the nuclear industry. Its superior chemical properties and stability over very high temperature along with heat resistance and irradiation stability makes them perfect for use and has been considered as an attractive option for advanced nuclear energy systems. Companies are looking forward to new improvements such as reinforcing SiC fibers and its composites in the process called NITE (Nano-powder Infiltration and Transient Eutectoid (NITE)). Further, the growing use of the SiC fibers in nuclear power plants for producing channel boxes and fuel cladding is fuelling the growth of the SiC fibers market.

With the rise in industrialization and expansion of aerospace, power generation, industrial, and chemical industry across Asia Pacific, the demand for silicon carbide fiber is increasing. Although, the growth of the silicon carbide fiber is largely affected by the high cost of raw material and technology challenges. To meet out the restraint of the market, manufacturers are looking forward to a better and improved form of silicon carbide fiber. Silicon carbide fiber is popularly available in two forms: beta and alpha. The beta form of silicon carbide fiber was developed in 1990 and was made commercially available at high prices. However, they are increasingly replaced by the new alpha forms of SiC fibers. They are known for their chemical, mechanical, and thermal properties along with attractive degradation-resistant and high-temperature reinforcing ceramic, which makes them an ideal material to be used in energy, transportation, aerospace, defense, industrial and nuclear applications. They are used in products such as armor, rockets, high-temperature semiconductors, abrasives, wear components, turbine engines plus metal and ceramic matrix composites. The demand for alpha-SiC fibers ceramic material is rising in comparison to βbeta-SiC fibers as they offer high tensile strength and durability, lightweight, higher thermal conductivity, better resistance to corrosion, and oxidation amongst others.

Asia Pacific SiC fibers market is segmented on the basis of country as Japan, China, and Rest of Asia Pacific. Japan holds a significantly large share of the Asia Pacific SiC fibers market in 2018. Japan has presence of some world leading SiC fiber manufacturing companies such as Nippon Carbon Co. Ltd., Ube Industries,Ltd., and NGS Advanced Fibers Co., Ltd. which are major exporter of SiC fibers to the markets in Europe, and North America. Nuclear power plants in Japan generate significant electric energy. Silicon carbide fibers are used in the construction of nuclear reactors as they are resistant to radiations. The nuclear power industry generates significant demand for SiC fibers. Japan is a highly industrialized nation and has large presence of manufacturing plants and facilities which depend on SiC fibers and other technical ceramics.

Some of the players present in Asia Pacific SiC fibers market are American Elements, General Electric Company, Haydale Technologies Inc., NGS Advanced Fibers Co., Ltd., Suzhou Saifei Group Co., Ltd, Ube Industries, Ltd, Ceramdis GmbH, Nippon Carbon Co Ltd., Hongwu International Group Ltd, and SNAM Group of Companies

The overall Asia Pacific SiC fibers market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia Pacific SiC fibers market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific SiC fibers market.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Asia Pacific SiC Fibers Market - By Form

1.3.2 Asia Pacific SiC Fibers Market - By Usage

1.3.3 Asia Pacific SiC Fibers Market - By End-Use Industry

1.3.4 Asia Pacific SiC Fibers Market - By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SiC Fibers Market Landscape

4.1 Market Overview

4.1.1 PEST Analysis: APAC SiC Fibers Market

5. SiC Fibers Market - Key Industry Dynamics

5.1 Market Drivers

5.1.1 Growing Demand from Various End-Use Industries

5.1.2 Higher Temperature Stability in Comparison to Substitutes

5.2 Key Market Restraints

5.2.1 High Cost Associated With SiC Fibers

5.3 Key Market Opportunities

5.3.1 Growing Demand of SiC Fibers from Nuclear Industry

5.4 Future Trends

5.4.1 Rising Application of Cost Efficient Alpha Silicon Carbide Fiber

5.5 Impact Analysis of Drivers and Restraints

6. SiC Fibers - Asia Pacific Market Analysis

6.1 Asia Pacific SiC Fibers Market Overview

6.2 Asia Pacific SiC Fibers Market Forecast and Analysis

7. Asia Pacific SiC Fibers Market Analysis - By Form

7.1 Overview

7.2 Asia Pacific SiC Fibers Market Breakdown, By Form, 2018 & 2027

7.3 Continuous

7.3.1 Overview

7.3.2 Asia Pacific Continuous SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)

7.4 Woven Cloth

7.4.1 Overview

7.4.2 Asia Pacific Woven Cloth SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)

7.5 Others

7.5.1 Overview

7.5.2 Asia Pacific Others Market Revenue Forecasts To 2027 (US$ Mn)

8. Asia Pacific SiC Fibers Market Analysis - By Usage

8.1 Overview

8.2 Asia Pacific SiC Fibers Market Breakdown, By Usage, 2018 & 2027

8.3 Composites

8.3.1 Overview

8.3.2 Asia Pacific Composites SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)

8.4 Non-Composites

8.4.1 Overview

8.4.2 Asia Pacific Non-Composites SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)

9. Asia Pacific SiC Fibers Market Analysis - By End-Use Industry

9.1 Overview

9.2 Asia Pacific SiC Fibers Market Breakdown, By End-Use Industry, 2018 & 2027

9.3 Aerospace and Defense

9.3.1 Overview

9.3.2 Asia Pacific Aerospace and Defense Market Revenue Forecasts To 2027 (US$ Mn)

9.4 Energy and Power

9.4.1 Overview

9.4.2 Asia Pacific Energy and Power Market Revenue Forecasts To 2027 (US$ Mn)

9.5 Industrial

9.5.1 Overview

9.5.2 Asia Pacific Industrial Market Revenue Forecasts To 2027 (US$ Mn)

9.6 Others

9.6.1 Overview

9.6.2 Asia Pacific Others Market Revenue Forecasts To 2027 (US$ Mn)

10. SiC Fibers Market - Country Analysis

10.1 Overview

10.1.1 Asia Pacific SiC Fibers Market Breakdown, by Country

10.1.1.1 Japan SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)

10.1.1.1.1 Japan SiC Fibers Market Breakdown By Form

10.1.1.1.2 Japan SiC Fibers Market Breakdown by Usage

10.1.1.1.3 Japan SiC Fibers Market Breakdown By End-Use Industry

10.1.1.2 China SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)

10.1.1.2.1 China SiC Fibers Market Breakdown by Form

10.1.1.2.2 China SiC Fibers Market Breakdown by Usage

10.1.1.2.3 China SiC Fibers Market Breakdown by End Use Industry

10.1.1.3 Rest of APAC SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)

10.1.1.3.1 Rest of Asia Pacific SiC Fibers Market Breakdown by Form

10.1.1.3.2 Rest of Asia Pacific SiC Fibers Market Breakdown by Usage

10.1.1.3.3 Rest of Asia Pacific SiC Fibers Market Breakdown by End Use Industry

11. Industry Landscape

11.1 Overview

11.2 Strategy And Business Planning

11.3 Market Initiatives

12. Company Profiles

12.1 American Elements

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.2 General Electric Company

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Haydale Technologies Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 NGS Advanced Fibers Co., Ltd.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Ube Industries, Ltd.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.6 Ceramdis GmbH

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.7 Suzhou Saifei Group Co., Ltd

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.8 Nippon Carbon Co Ltd

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Hongwu International Group Ltd

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.10 SNAM Group

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

13. Appendix

13.1 About The Insight Partners

13.2 Glossary

 
Purchase Options

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Need More Information

Contact Us

+ 1-888-961-4454

Drop Us an email at

help@bigmarketresearch.com

Similar Reports

Global Photonic Crystals Market (Construction Strategies, Geography , Applications) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

Photonic Crystals are attractive optical materials for controlling and manipulating the flow of light. The global market for components and modules using Photonic Crystals indicates a CAGR of 33.1% and is estimated to reach $20.4 billion in 2017.

  • Publish Date: February 8, 2017
  • $5370
Molded Plastics Market by Product (Polyvinyl Chloride, Polypropylene, Polystyrene, Low Density Polyethylene, High Density Polyethylene, Polyethylene Terephthalate, and Engineering Plastics), Technology (Injection Molding, Blow Molding, Extrusion, and Others), and Application (Building & Construction, Electrical & Electronics, Automotive and Packaging) - Global Opportunity Analysis and Industry Forecast, 2017-2023

Global molded plastics market was valued at $529,845 million in 2016, and is expected to garner $690,158 million by 2023, registering a CAGR of 3.9% from 2017 to 2023. Molded plastics are synthetically produced non-metallic compounds, which can be molded ...

  • Publish Date: July 4, 2017
  • $5370