Report Highlights
The global market for advanced materials for extreme environments reached $3.2 billion in 2023. This market is expected to grow from $3.4 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2029.
Report Includes
- 130 data tables and 45 additional tables
- An analysis of the global market for advanced ceramic materials for extreme environments
- Analyses of global market trends, with market revenue data for 2023, estimates for 2024, forecast for 2028, and projected CAGRs through 2029
- Estimates of the market size and revenue growth prospects of the global market, along with a market share analysis by material type, composition, form, application, end-use industry, and region
- Facts and figures pertaining to the market dynamics, technical advances, regulations, innovations, and the impact of macroeconomic factors
- Identification of the ceramic composite materials under development, their current status, and increased investments in the aerospace and defense and energy sectors driving the growth
- An analysis of patents, emerging trends and new developments in the industry
- Analysis of the industry structure, including companies’ market shares and global rankings, strategic alliances, M&A activity and a venture funding outlook
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
- Profiles of the leading companies, including General Electric Co., Saint-Gobain, 3M, Kyocera Corp., and Denka Company Ltd.
Report Scope
This report covers the global market for advanced materials for extreme environments. The key properties of advanced materials, namely, hardness, lightweight, neutron shielding, wear-resistance, corrosion-resistance, thermal conductivity, electrical insulation and dimensional stability at high temperatures, make them desirable for use in extreme environments. Because they deliver performance, safety and durability, various industry and government standards require the use of advanced materials.
For this analysis, the global advanced materials for extreme environments market is segmented by the following metrics:
- Material type (MAX phase ceramics, ultra high-temperature ceramics, high-entropy material).
- Composition (nitrides, borides, carbides).
- Form (monoliths and composites).
- Application (components and coating).
- End-use industries (aerospace & defense, industrial, energy, others).
- Region (North America, Asia-Pacific, Europe and Rest of the World).
Estimated values are based on manufacturers’ total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. The report also contains comprehensive profiles of companies in the advanced materials’ market.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $3.2 Billion | ||||||||||||||||
| Market size forecast | $4.5 Billion | ||||||||||||||||
| Growth rate | CAGR of 5.8% from 2024 to 2029 | ||||||||||||||||
| Units considered | $ Thousands | ||||||||||||||||
| Segments covered | By Material Type, Composition, Form, Application, End-Use Industry, and Region | ||||||||||||||||
| Regions covered | North America, Asia-Pacific, Europe and Rest of the World (RoW) | ||||||||||||||||
| Countries covered | The U.S., Canada, Mexico, Germany, France, the U.K., Japan, China, and India | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Growing government investment in defense.
- Increased demand in aerospace.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for advanced ceramic materials for extreme environments should grow from $2.9 billion in 2020 to $3.8 billion by 2025 with a compound annual growth rate (CAGR) of 5.7% for the period of 2020-2025.
Report Includes
- 45 data tables and 24 additional tables
- Comprehensive overview of the global markets for advanced materials for extreme environments (AMEEs)
- Analyses of global market trends with data from 2018, 2019, estimates for 2020 and projections of compound annual growth rates (CAGRs) through 2025
- Emphasis on the ceramic fabrication technology regarding AMEEs, major manufacturing issues, and reliance upon the use of state-of-the-art equipment and innovative processes
- Coverage of the current status of these ceramic composite materials and identification of new materials under development for use in different applications, such as jet propulsion, energy conversion, hypersonic and space vehicles, and nuclear reactors
- Detailed analysis of the current market trends, market size, market forecast, and discussion of technological, and regulatory elements that are affecting the future marketplace
- A relevant patent analysis
- Detailed profiles of the key industry players and their competitive landscape, including 3M, GE Aviation, Siemens, Sandvik, Morgan Advanced Materials and Shanghai Kessen Ceramics
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