Press release
High-Temperature Composite Materials Market by Range, Matrix system, Global Trends, Recent Advancement, Share Estimation and Leading Players (Renegade Materials Corporation, Royal Tencate N.V., Lonza Group) | Forecast by 2029
Based on previous market performance, the High-Temperature Composite Materials market is expected to reach USD 138.60 million in size by 2029. With a 7.38% CAGR.High-Temperature Composite Materials Market Overview:
High-temperature composites are lightweight composites that can withstand temperatures of up to 1000°C. The materials used in lightweight composites have outstanding thermo-mechanical performance and dimensional consistency at high temperatures. Incombustibility, the absence of smoke when exposed to heat or fire, and vibration resistance are all advantages of high-temperature composite materials.
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Applications in space exploration, manufacturing, defence, electronics, transportation, telecommunications, and medicine are driving up demand for high-temperature ceramic materials. High-temperature ceramics, which include metal carbides, nitrides, and oxides, are designed for extremely specific uses.
The aviation industry has made great achievements as a result of falling fuel prices and increased air traffic levels, complementing the need for commercial aircraft. The market will be aided by the increasing amount of government investments in defence equipment.
Based on our expert's analysis the players that are leading the market includes: Renegade Materials Corporation (United States), Royal Tencate N.V. (Netherlands), Lonza Group (United States), 3M Co, General Electric Co, CeramTec GmbH, SGL Carbon SE, Ube Industries Ltd., Vesuvius PLC, UBE Industries Ltd, Lancer Systems LP, Ultramet Inc, Starfire Systems Inc, Kyocera Chemical Corporation (Japan), Applied Thin Films Inc, Coors Tek Inc, and CO and Others.
The whole market is segmented as follows:
High Temperature Composite Material Market By Range, 2022-2029, (USD Million), (Kilotons)
Ultra High Temperature
High Temperature
High Temperature Composite Material Market By Matrix System, 2022-2029, (USD Million), (Kilotons)
CMC (Ceramic Matrix Composite)
MMC (Metal Matrix Composite)
PMC (Polymer Matrix Composite)
High Temperature Composite Material Market By Application, 2022-2029, (USD Million)
Aerospace And Defense
Transportation
Energy And Power
Electronics And Electrical
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High-Temperature Composite Materials Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of High-Temperature Composite Materials Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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