Japan Ceramic Matric Composites (CMC) Market Growth, Size, Share, Industry Report and Forecast to 2019-2025

Japan ceramic matrix composites (CMCs) market is expected to grow at a CAGR of 9.8% during the forecast period. The CMC market in Japan is growing significantly owing to the increasing R&D activities in the aerospace sector. The CMC’s have various benefits in aerospace, in propulsion and exhaust, thermal protection, and hot primary structure applications among others. Additionally, investments by the government coupled with the projects undertaken by the Japanese Aerospace Industry affect market growth.

A full Report of Japan Ceramic Matric Composites (CMC) Market Available at https://www.omrglobal.com/industry-reports/japan-ceramic-matric-composites-cmc-market

The aerospace industry in Japan expanded steadily to satisfy its defense requirements, in recent years’ participation in the international joint development of civil aircraft has increased. In space operations, the development of transportation and satellite systems has been promoted and increased. Thus, the Japanese aerospace industry is being continually advanced to stand alongside those in the US and EU, which are projected to boosts the growth to the CMC’s as it offers benefits in aerospace for thermal protection, propulsion and exhaust, and hot primary structure applications. 

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The CMC market in Japan is growing significantly owing to the regional presence of the key players such as General Electric Co., UBE Industries, Ltd., Nippon Carbon Co. Ltd., and among others. The CMC manufacturers are adopting various strategies such as new product launches, mergers and acquisitions, partnerships and collaborations, and many others to thrive in a competitive environment. For instance, in June 2015, Nippon Carbon Co. Ltd. in joint venture with NGS Advanced Fibres, GE and Safran had established the second manufacturing plant for approximately $55 million for its silicon carbide continuous fiber “Nicalon” production for CMC at its second manufacturing plant. These are being significantly utilized in manufacturing of jet engines and aircraft, owing to its lightweight, durable, and heat resistant properties and contributes significantly to the improved fuel efficiency of aircraft. 

Japan 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 
Company Profiles 
  • 3M Co.
  • CeramTec GmbH
  • General Electric Co.
  • Rolls-Royce plc
  • Safran Group
  • SGL Carbon SE
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