A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global High-temperature
Composite Materials
Market. The
study, titled “High-temperature
Composite Materials Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
High-temperature
composites materials are lightweight composites with a resistance up
to 1000°C. With lightweight composites, the materials exhibit
excellent thermo-mechanical performance and dimensional constancy at
high temperatures. High-temperature composite materials possess a
variety of useful features, including incombustibility, absence of
smoke when exposed to heat or fire, and resistance to vibrations.
Some
of their major applications are in the manufacturing of exhaust
ducts, heat shields, fire barriers, pipes for hot fluids or gases,
and other structural components. High-temperature composites
materials are also employed as thermal and acoustic insulators for
the fuel tanks of rocket propulsion systems, cryogenic tanks, nuclear
power plants, vehicle engines, and aircraft fuselage heat insulation
material.
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Report Preview:
The
high-temperature composite materials market has been segmented by
range, matrix system, application, and region. Its range-based
categories include ultra-high temperature and high temperature. Based
on matrix system, the market has been divided into the following
groups: ceramic matrix composite materials, metal matrix composite
materials, and polymer matrix composite materials. In terms of
application, the divisions are transportation, energy & power,
aerospace and defense, electronics & electrical, building &
construction, and marine. Finally, based on region, the market is
distributed over North America, Europe, Asia Pacific, Latin America,
and Middle East and Africa.
Ceramic
matrix composite materials hold the major market share due to the
growing demand for them from the aerospace & defense industries.
High-temperature ceramic is mainly used in piston recess walls
bearings, brake disks, and cylinder sleeves in engines. The need for
ceramic matrix composite materials is also increasing due to their
rising applications in petrochemical and nuclear fission and fusion
reactors. High-temperature composite materials have been driven by
the aerospace and defense industries due to properties such as low
weight, less fuel burn, reduced nitride oxide emission, and reduced
noise.
The
consumption of polymer matrix composite materials is growing in the
automotive industry due to their fire, smoke, and toxicity (FST)
compliance and weight reduction. The high-temperature polymer matrix
composite materials market is also expanding due to the growing
popularity of modern light passenger rails. Health, safety, and
environmental (HSE) regulations for toxic smoke emission standards
are the major factors adding to their requirement in the
transportation industry, mainly in North America and Europe.
Stringent safety norms in public transport and rising demand for
lighter weight and high-performance composite materials in aerospace
and defense, transportation, and energy & power industries drive
the high-temperature composite materials market.
North
America holds a prominent share in the high-temperature composite
materials market which is only poised to expand in this region during
the forecast period owing to the regulatory norms on the usage of
eco-friendly materials and growing demand from the aerospace and
defense industries. Less pollution, the advent of new manufacturing
techniques, and significant performance also drive the global
high-temperature composite materials market .
Key
players include Renegade Materials Corporation (U.S.), Royal Tencate
N.V. (Netherlands), Lonza Group (U.S.), 3M Co, General Electric Co,
CeramTec GmbH, SGL Carbon SE, Ube Industries Ltd., Vesuvius PLC, UBE
Industries Ltd, Lancer Systems LP, Ultramet Inc, Starfire Systems
Inc, Kyocera Chemical Corporation (Japan), Applied Thin Films Inc,
Coors Tek Inc, and COI Ceramics Inc.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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