European Ceramic Matric Composites (CMC) Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

European ceramic matrix composites (CMCs) market is expected to grow at a CAGR of 9.2% during the forecast period. CMC finds various applications in automotive, aviation, defense, and gas turbine owing to high operating temperature and lightweight properties. UK, Germany, Spain, Italy, France, and the Netherlands are the major countries contributing to market growth as these countries are among the leading aerospace and automobile manufacturers across the globe. Some of the major companies operating in the region includes Rolls-Royce Holdings PLC (UK), Safran Group (France), SGL Carbon SE (Germany), SST Technology (UK). 

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The major aviation companies that operate in the region include Airbus, Dassault Aviation and among others. The major automobile companies with headquarters in Europe, such as Volkswagen, Daimler, BMW, Robert Bosch, Peugeot, Renault, Volvo, Continental and so on. This, in turn, contributes to the adoption of advanced materials, including carbon fibers to boost the fuel economy of modern automobiles while maintaining safety and performance. As a result, Lamborghini, BMW, Mercedes-Benz, and other automakers have been focusing on the increasing use of carbon fiber in their vehicles for weight reduction. Therefore, due to the stringent environmental concerns, the demand for such CMC materials in automotive applications is estimated to grow significantly, which in turn, will drive the growth of the market.
A full Report of European Ceramic Matric Composites (CMC) Market is Available at: https://www.omrglobal.com/industry-reports/european-ceramic-matric-composites-cmc-market

European Ceramic Matric Composites (CMC) Market Segmentation

By Product Type 
  •          Silicon Carbide Reinforced Silicon Carbide
  •          Oxides/Oxides
  •          Carbon/Carbon Composites
  •          Others (SIC/C)
By End-Use Industry
  •          Automotive
  •          Aerospace & Defense
  •          Energy & Power
  •          Electrical & Electronics
Regional Analysis
  •          UK
  •          Germany
  •          Italy
  •          Spain
  •          France
  •          Rest of Europe
Company Profiles
  •          3M Co.
  •          Baikowski SA
  •          BJS Ceramics GmbH
  •          CeramTec GmbH
  •          General Electric Co.
  •          Rolls-Royce Holdings plc
  •          Safran Group
  •          SGL Carbon SE
  •          SST Technology
  •          WPX Faserkeramik GmbH
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