Ceramic Matrix Composites Market to Reach USD 8.5 Bn by 2031,...

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2025-06-04 17:26:54 -

Ceramic Matrix Composites Market to Reach USD 8.5 Bn by 2031, Growing at 8.1% CAGR

The global ceramic matrix composites market was valued at USD 4.3 billion in 2022 and is projected to reach USD 8.5 billion by the end of 2031. The market is expected to expand at a robust CAGR of 8.1% from 2023 to 2031, driven by increasing demand for high-performance materials in aerospace, automotive, and energy sectors due to their superior thermal stability, lightweight nature, and...

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