Silicon carbide (SiC) fiber is a high-performance ceramic material composed mainly of silicon carbide molecules. SiC fiber is one of the emerging lightweight materials, which is progressively expediting in aerospace, energy, and power industries. It has high-performance properties such as low density, lightweight, high stiffness, high chemical resistance, high tensile strength, and high-temperature tolerance.
Silicon Carbide Fibers Industry is expected to reach $2,519.2 million by 2031, with a CAGR of 19.3% during the forecast period of 2021-2031. The growth in the market is expected to be driven by increasing demand for lightweight fibers in the aerospace, chemical, energy, and power industries. |