Europe 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)
- THE3479182
- 160 Pages
- January 2020
- Materials and Chemicals
The Europe SiC fibers market is accounted to US$ 86.2 Mn in 2018 and is expected to grow at a CAGR of 18.3% during the forecast period 2019 – 2027, to account to US$ 529.9 Mn by 2027. Tough, lightweight silicon carbide (SiC) fibres are indispensable for manufacturing components such as aircraft engine parts which require high heat resistance. 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 Airbus, Dassault Aviation SA, Leonardo S.p.A., and Tupolev in Europe have spurred the demand for SiC fibers. Capacity expansion owing to the rise in production of airplane engines, increase in demand for fuel-efficient aircraft, 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 Europe 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 Europe, 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.
Europe SiC fibers market is segmented on the country as Germany, France, Italy, United Kingdom, and Rest of Europe. Germany holds a significantly large share of the Europe SiC fibers market. The large industrial and manufacturing base in Germany is anticipated to generate considerable demand for SiC fibers. Factors such as rapid industrialization, influx of immigrants, and the expansion of the aviation sector is expected to create significant demand for SiC fibers in the forecast period.
Some of the players present in Europe SiC fibers market are American Elements, BJS Ceramics GmbH, General Electric Company, Haydale Technologies Inc., NGS Advanced Fibers Co., Ltd., Ube Industries, Ltd, TISICS Ltd, Microcertec S.A.S, Ceramdis GmbH, and International Syalons (Newcastle) Limited.
The overall Europe 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 Europe 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 Europe SiC fibers market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe SiC Fibers Market – By Form
1.3.2 Europe SiC Fibers Market – By Usage
1.3.3 Europe SiC Fibers Market – By End–Use Industry
1.3.4 Europe 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: Europe SiC Fibers Market
4.2 Expert Opinions
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 – Europe Market Analysis
6.1 Europe SiC Fibers Market Overview
6.2 Europe SiC Fibers Market Forecast and Analysis
7. Europe SiC Fibers Market Analysis – By Form
7.1 Overview
7.2 Europe SiC Fibers Market Breakdown, By Form, 2018 & 2027
7.3 Continuous
7.3.1 Overview
7.3.2 Europe Continuous SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
7.4 Woven Cloth
7.4.1 Overview
7.4.2 Europe Woven Cloth SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Europe Others Market Revenue Forecasts To 2027 (US$ Mn)
8. Europe SiC Fibers Market Analysis – By Usage
8.1 Overview
8.2 Europe SiC Fibers Market Breakdown, By Usage, 2018 & 2027
8.3 Composites
8.3.1 Overview
8.3.2 Europe Composites SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
8.4 Non–Composites
8.4.1 Overview
8.4.2 Europe Non–Composites SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
9. Europe SiC Fibers Market Analysis – By End–Use Industry
9.1 Overview
9.2 Europe SiC Fibers Market Breakdown, By End–Use Industry, 2018 & 2027
9.3 Aerospace and Defense
9.3.1 Overview
9.3.2 Europe Aerospace and Defense Market Revenue Forecasts To 2027 (US$ Mn)
9.4 Energy and Power
9.4.1 Overview
9.4.2 Europe Energy and Power Market Revenue Forecasts To 2027 (US$ Mn)
9.5 Industrial
9.5.1 Overview
9.5.2 Europe Industrial Market Revenue Forecasts To 2027 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Europe Others Market Revenue Forecasts To 2027 (US$ Mn)
10. SiC Fibers Market – Country Analysis
10.1 Overview
10.1.1 Europe SiC Fibers Market Breakdown, by Country
10.1.1.1 Germany SiC Fibers Market Revenue Forecasts To 2027 (US$ Mn)
10.1.1.1.1 Germany SiC Fibers Market Breakdown By Form
10.1.1.1.2 Germany SiC Fibers Market Breakdown by Usage
10.1.1.1.3 Germany SiC Fibers Market Breakdown By End–Use Industry
10.1.1.2 France SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.2.1 France SiC Fibers Market Breakdown by Form
10.1.1.2.2 France SiC Fibers Market Breakdown by Usage
10.1.1.2.3 France SiC Fibers Market Breakdown by End Use Industry
10.1.1.3 Italy SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.3.1 Italy SiC Fibers Market Breakdown by Form
10.1.1.3.2 Italy SiC Fibers Market Breakdown by Usage
10.1.1.3.3 Italy SiC Fibers Market Breakdown by End Use Industry
10.1.1.4 United Kingdom SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.4.1 United Kingdom SiC Fibers Market Breakdown by Form
10.1.1.4.2 United Kingdom SiC Fibers Market Breakdown by Usage
10.1.1.4.3 United Kingdom SiC Fibers Market Breakdown by End Use Industry
10.1.1.5 Rest of Europe SiC Fibers Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.5.1 Rest of Europe SiC Fibers Market Breakdown by Form
10.1.1.5.2 Rest of Europe SiC Fibers Market Breakdown by Usage
10.1.1.5.3 Rest of Europe SiC Fibers Market Breakdown by End Use Industry
11. Industry Landscape
11.1 Overview
11.2 Merger And Acquisition
11.3 Investment Scenario
11.4 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 BJS Ceramics GmbH
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 General Electric Company
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 Haydale Technologies Inc.
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 NGS Advanced Fibers Co., 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
12.5.6 Key Developments
12.6 Ube Industries, Ltd.
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 TISICS 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 Microcertec S.A.S
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 Ceramdis GmbH
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 International Syalons (Newcastle) Limited.
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
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