The global ceramic matrix composites (CMC) market was valued at USD 7.83 billion in 2024 and is forecasted to expand significantly to reach USD 15.83 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.5% between 2025 and 2030. This robust market growth is primarily attributed to the surging demand for lightweight, high-strength, and temperature-resistant materials across a...

The global ceramic matrix composites (CMC) market was valued at USD 3.40 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.8% from 2023 to 2030. The increasing demand for high-temperature stability, reduced weight, and high strength materials is a primary factor driving this market growth. CMCs are emerging as an attractive alternative to conventional...