SiC Fibers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Form (Continuous, Woven Cloth, Others), By End User (Aerospace, Energy & Power, Industrial, Others), By Region and Competition, 2020-2030

Market Overview

SiC Fibers Market or Silicon Carbide Fibers Market was valued at USD 497.05 Million in 2024 and is expected to reach USD 779.03 Million by 2030 with a CAGR of 7.93%. SiC (silicon carbide) fibers are predominantly composed of silicon carbide molecules, imparting them with remarkable properties such as high stiffness, exceptional tensile strength, superior chemical resistance, and low thermal expansion. These fibers are manufactured using various techniques including the Yajima process, chemical vapor deposition (CVD), and laser-driven chemical vapor deposition (LCVD). Continuous research and development efforts are being undertaken to expand the application areas of these fibers. For instance, silicon carbide fibers are often reinforced with SiC composite matrices, making them ideal for high-temperature structural applications such as in gas turbine engines. These fibers exhibit remarkable resilience and durability under the influence of extreme temperature conditions, with the ability to withstand temperatures up to 2700 degrees Fahrenheit. Their capacity to be engineered to meet specific stress levels and operate across a wide temperature range makes them a preferred choice over other materials such as metallic superalloys, monolithic ceramics, carbon fiber composites, and oxide/oxide ceramic composites. Electricity is a key component of modern economies, with its share of final energy consumption expected to rise from 20% today to over 50% by 2050, according to the Net Zero Emissions by 2050 Scenario. This increase is driven by the need to decarbonize end-use sectors. Currently, more than 60% of global electricity generation relies on unabated fossil fuels, a share that must rapidly decrease to below 30% by 2030 to align with the Net Zero goal. Achieving this requires a significant acceleration in the deployment of low- and zero-emission energy sources.

The global silicon carbide (SiC) fiber market is experiencing notable growth, driven primarily by the rising demand for SiC fibers in the aerospace, defense, and energy sectors. SiC fibers are highly valued for their exceptional properties, including outstanding heat resistance, chemical stability, high modulus, lightweight characteristics, and superior durability. These attributes make them particularly suitable for a variety of high-performance applications, including heat engine insulation, nanotubes in turbines, ceramic matrix composites (CMC), and as alternatives to traditional metallic alloys. In the aerospace sector, the adoption of SiC fibers contributes to significant weight reduction in engine components, leading to improved fuel efficiency, reduced emissions, and lowered operational costs, all of which are essential for the ongoing push towards more sustainable aviation technologies.

The utilization of SiC fibers also extends to the energy and power industries, where their durability and resistance to high temperatures make them ideal for use in advanced power generation systems and energy storage applications. These fibers are critical in enhancing the performance and longevity of turbines, reactors, and other high-stress components.

However, the SiC fiber market has faced challenges due to the COVID-19 pandemic, which disrupted global supply chains and decreased demand across several industries. Travel restrictions, trade limitations, and reduced manufacturing capacities have all contributed to market contraction. Additionally, the financial downturn and lockdown measures in key aerospace and defense markets such as the U.S., France, China, India, and Germany have further hindered the growth of the SiC fiber market.

Key Market Drivers

Growing Demand of SiC Fibers in Construction Industry

Silicon carbide fibers are synthetic fibers known for their exceptional mechanical, chemical, and thermal properties. They exhibit remarkable stability even in the most extreme conditions, making them highly sought after in various industries. These fibers find their main applications as reinforcement materials for polymers, metals, and ceramics, as well as heat-resistant materials for furnaces and brake components for airplanes.

In recent years, the construction industry has experienced a significant surge in the use of silicon carbide fibers. The unparalleled properties of SiC fibers, such as their exceptional strength, lightweight nature, and resistance to high temperatures and harsh environments, make them an ideal choice for a wide range of construction applications. These fibers are increasingly being integrated into building and infrastructure projects, including bridges, tunnels, and high-rise buildings, to enhance their structural integrity and longevity. The construction industry is projected to experience substantial growth, with global spending expected to rise from USD 13 trillion in 2023 to USD 22 trillion by 2040. In 2020, the construction sector accounted for approximately 13% of global GDP, a share anticipated to exceed 13.5% by 2030. This rapid expansion reflects the increasing demand for infrastructure development across various regions, driving the need for advanced materials. As industries such as aerospace and energy continue to adopt high-performance materials, the demand for SiC fibers, with their superior strength and heat resistance, is expected to rise alongside the construction sector's growth.

The growing demand for lightweight, durable, and heat-resistant materials in the construction industry is of a key driver behind the increasing adoption of SiC fibers. By incorporating these fibers, structures become more resilient to environmental factors and natural disasters, ensuring their long-term durability. As the construction industry continues to prioritize sustainability and resilience in building solutions, the role of SiC fibers is expected to become even more significant, fueling the growth of the global SiC fibers market.

With their exceptional properties and increasing demand in the construction industry, silicon carbide fibers are poised to revolutionize the way structures are built, offering enhanced performance and longevity while contributing to a more sustainable future.

Growing Demand of SiC Fibers in Automotive Industry

Silicon carbide fibers, known for their exceptional mechanical, chemical, and thermal properties, have garnered significant attention in various industries. These synthetic fibers exhibit remarkable stability even in the most extreme conditions, making them highly sought after. Typically used as reinforcement materials for polymers, metals, and ceramics, as well as heat-resistant materials for furnaces and brake applications in aircraft, SiC fibers have recently witnessed a notable surge in demand within the automotive industry. In 2023, global motor vehicle production reached approximately 94 million units, marking an 11% increase from the previous year. China continues to lead as the top car manufacturing country, producing over 25 million cars and capturing more than 35% of the global market share. This surge in production is driving demand for advanced materials in the automotive sector. As manufacturers seek to enhance vehicle performance, reduce weight, and improve fuel efficiency, the adoption of high-performance materials like SiC fibers is expected to rise, particularly for automotive applications such as lightweight components and heat-resistant parts.

The automotive sector has recognized the unparalleled advantages of SiC fibers, including their high strength, lightweight nature, and resistance to elevated temperatures and harsh environments. These unique properties position SiC fibers as an ideal choice for a wide range of automotive applications. From enhancing the durability of engine components to optimizing the performance of electric vehicle batteries, SiC fibers contribute to revolutionizing the automotive landscape. The growing need for lightweight, durable, and heat-resistant materials in the automotive industry has driven the rapid adoption of SiC fibers. By leveraging these fibers, not only can vehicle performance be enhanced, but fuel efficiency can also be improved, leading to a reduction in carbon emissions. As the automotive industry continues its pursuit of sustainable and efficient solutions, the role of SiC fibers becomes increasingly crucial, fueling the growth of the global SiC fibers market.

With their exceptional properties and versatility, SiC fibers are poised to play a pivotal role in shaping the future of various industries, including automotive, aerospace, and manufacturing. As research and technological advancements continue to unfold, the potential applications and benefits of SiC fibers are expected to expand, propelling innovation and progress in the global market.

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Key Market Challenges

Volatility in Supply of Raw Materials

Silicon carbide fibers are highly regarded synthetic fibers due to their exceptional properties such as high strength, lightweight nature, and remarkable thermal stability even under extreme conditions. These fibers find extensive use as reinforcement materials in a wide range of applications, including polymers, metals, ceramics, and other areas where heat resistance is crucial. The production of SiC fibers involves intricate processes and necessitates specific raw materials, such as silica, which plays a vital role in their manufacturing. The SiC fibers market is susceptible to volatility in the supply of raw materials, which can have significant implications. For instance, any disruption in the supply of silica can adversely impact the production of SiC fibers. This volatility can stem from various factors, including geopolitical issues, trade restrictions, logistical challenges, and fluctuations in demand and supply dynamics.

By understanding and addressing these challenges, industries can strive to mitigate the impact of raw material supply volatility and ensure a more stable and sustainable supply chain for essential materials like SiC fibers.

Key Market Trends

Development of SiC/SiC Composites

Silicon carbide fibers are synthetic fibers known for their exceptional mechanical, chemical, and thermal properties. These fibers exhibit high stability even in the most extreme conditions, making them highly desirable for a wide range of applications. They are primarily used as reinforcement materials for polymers, metals, ceramics, and other materials that require exceptional heat resistance.

On the other hand, SiC/SiC composites are a type of ceramic matrix composite (CMC) that are predominantly composed of SiC fibers embedded within a SiC matrix. This unique combination results in a material that not only retains the advantageous properties of SiC fibers but also enhances them further. The SiC fibers provide excellent strength and high-temperature stability, while the SiC matrix ensures exceptional resistance to oxidation.

The development and increasing utilization of SiC/SiC composites have had a significant impact on the SiC fibers market. These composites are being increasingly adopted in various industries due to their superior properties, making them particularly valuable in sectors such as aerospace, nuclear energy, and automotive. In these industries, SiC/SiC composites are employed in components that need to withstand high temperatures and harsh environments. The growing demand for efficient, durable, and lightweight materials across different industries is expected to further drive the use of SiC/SiC composites, thereby propelling the SiC fibers market to new heights.

Segmental Insights

Form Insights

Based on the category of form, the continuous segment emerged as the fatsest growing segment in the global market for SiC Fibers in 2024. These advanced fibers have proven to deliver exceptional performance even in high-radiation environments, making them highly sought after by the nuclear power generation industry. The majority of ceramic matrix composites that are reinforced with continuous filaments not only offer superior weight savings, but also exhibit remarkable toughness. As a result, these products are extensively utilized in the production of large critical components within the aerospace and defense industry.  The ease of handling fiber tows allows for the production of complex-shaped composites, further expanding their range of applications.

End User Insights

The aerospace segment is projected to experience rapid growth during the forecast period. The rising application scope of silicon carbide fibers in aircraft manufacturing can be attributed to several factors. Silicon carbide fiber composites are increasingly being used in the manufacturing of components for the turbine and combustion section of aero-propulsion engines. This trend is expected to drive the demand for silicon carbide fibers, as these composites offer high performance and durability.

One of the key advantages of silicon carbide fibers reinforced composites is their ability to replace metal parts in aircraft. This substitution is primarily driven by the lightweight nature and excellent heat resistance of silicon carbide fibers. By utilizing these composites, aircraft manufacturers can enhance the fuel efficiency of aircraft engines, resulting in cost savings and environmental benefits. Also, the increasing use of ceramic matrix composites, which are manufactured using silicon carbide fibers, in high-pressure turbine shrouds is expected to further drive the growth of the silicon carbide fibers market in the forecast period.

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Regional Insights

North America emerged as the largest market in the Global SiC Fibers Market in 2024, holding the largest market share in terms of value. The aerospace and defense industry in the U.S. has experienced remarkable growth in production output. This growth can be attributed to increased shipments of general aviation aircraft, civil space systems, and commercial aircraft. Looking ahead, the aerospace and defense industry in the region is expected to witness rapid growth driven by rising manufacturing output. This surge in output is primarily fueled by high domestic and international demand for commercial aircraft.  The region's defense expenditure is on the rise, further contributing to the industry's expansion. Moreover, the increasing investments for NASA are expected to propel the demand for silicon carbide fibers, creating additional opportunities in this dynamic sector.

Recent Developments

• In 2024, Stanford Research Institute (SRI) is advancing ceramic matrix composites (CMCs) reinforced with silicon carbide (SiC) fibers for high-temperature applications like concentrated solar power (CSP) plants. Their novel process chemically links ceramic particles within the matrix, improving crack resistance and eliminating the need for expensive infiltration techniques. This innovation reduces production costs by up to 50% and enhances durability. The resulting SiC fiber-based CMCs are ideal for use in CSP systems, thermal protection in hypersonic vehicles, heat exchangers, and nuclear fusion reactors, promoting efficient, cost-effective, and sustainable energy solutions.
• In 2024, Oak Ridge National Laboratory (ORNL) and Sierra Space have developed a silicon carbide (SiC)-based thermal protection system (TPS) for the Dream Chaser spaceplane. The TPS combines SiC and carbon fiber, offering high strength, heat resistance, and lightweight properties essential for multiple re-entries and reusable space missions. This innovation, based on lessons from NASA’s Space Shuttle program, enables faster flight turnaround and greater payload capacity. The partnership has completed initial development and filed a patent, with the next phase focused on scalable manufacturing—boosting SiC fiber demand in aerospace applications.
• On 12 October 2021, LiqTech International Inc., a leading clean technology company specializing in the manufacturing and marketing of highly specialized filtration technologies, proudly announced the receipt of its first major Middle East Oil and Gas order. Valued at approximately USD 4 million in sales, this significant order is destined for the joint venture, in which LiqTech owns a 49% stake. The joint venture is dedicated to delivering LiqTech's proprietary silicon carbide ceramic filtration technology to address the pressing water shortages faced by Middle East oil and gas operators. This milestone not only highlights LiqTech's commitment to providing innovative solutions but also emphasizes the increasing global recognition of their cutting-edge filtration technologies.
• On 26 April 2021, Mersen, a renowned global expert in electrical power and advanced materials, made an exciting announcement regarding its participation in Airbus Defence and Space's prestigious Pléiades Neo satellite constellation project. Pléiades Neo is an extraordinary constellation of four Very High-Resolution (VHR) earth observation satellites, revolutionizing the realm of earth imaging. Each satellite is equipped with a state-of-the-art silicon carbide imaging system, boasting an impressive resolution of 30 cm and an incredible daily coverage of 2 million square kilometers. Mersen plays a pivotal role in this groundbreaking project by providing the essential silicon carbide optical instrument components for each of the four observation satellites. These components include meticulously crafted structures, mirrors, and detector supports, ensuring the unparalleled performance and accuracy of the satellite imaging system. This collaboration between Mersen and Airbus Defence and Space represents a remarkable advancement in satellite technology, enabling enhanced earth observation capabilities and unlocking new possibilities for scientific research, environmental monitoring, and various other applications across the globe.

Key Market Players

• American Elements Corp
• BJS Ceramics GmbH
• Free Form Fibers LLC
• GE Aviation LLC
• Haydale Technologies Inc.
• NGS Advanced Fibers Co., Ltd
• Nippon Carbon Co., Ltd
• Saint-Gobain Ltd
• SGL Carbon SE
• UBE Industries Ltd.

Report Scope:

In this report, the Global SiC Fibers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• SiC Fibers Market, By Form:

o   Continuous

o   Woven Cloth

o   Others

• SiC Fibers Market, By End User:

o   Aerospace

o   Energy & Power

o   Industrial

o   Others

• SiC Fibers Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global SiC Fibers Market.

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Company Information

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