Silicon Carbide Fibre 17.4 CAGR Growth Outlook 2025-2033

Key Insights

The global silicon carbide fibre market is anticipated to exhibit a robust growth trajectory over the forecast period (2025-2033). In 2025, the market stood at a value of USD 383 million and is projected to expand at a CAGR of 17.4%, reaching a value of USD 1,467 million by 2033. The increasing demand from various end-use industries, including aerospace, military weapons and equipment, nuclear, and others, is a prominent growth driver for the market. Moreover, the superior properties of silicon carbide fibres, such as high-temperature resistance, chemical inertness, and mechanical strength, contribute to their wide-ranging applications.

The market is segmented based on type (continuous fibre, whisker) and application (aerospace, military weapons and equipment, nuclear, others). The continuous fibre segment holds a dominant market share due to its enhanced mechanical properties and ability to withstand extreme temperatures. The aerospace segment is expected to witness substantial growth owing to the increasing production of advanced aircraft and spacecraft. Key players in the market include Nippon Carbon, UBE Corporation, Specialty Materials (Global Materials LLC), Suzhou Saifei Group, Hunan Zerafiber New Materials, and Ningbo Zhongxingxincai, among others. They prioritize research and development to introduce innovative products and expand their market presence. Regional analysis reveals that the Asia Pacific region currently dominates the market, followed by North America and Europe.

Silicon Carbide Fibre Trends

The global silicon carbide fibre market size was valued at USD 340 million in 2022 and is projected to grow to USD 1,494 million by 2030, exhibiting a CAGR of 18.2% during the forecast period. The rising demand for lightweight and high-performance materials in aerospace and military applications is driving the growth of the market.

The increasing adoption of silicon carbide fibres in nuclear reactors for neutron absorption and radiation shielding is another factor contributing to the market's expansion. Additionally, the growing use of these fibres in the automotive industry for brake rotors and clutch plates is expected to boost market growth in the coming years.

Driving Forces: What's Propelling the Silicon Carbide Fibre

The primary driving force behind the growth of the silicon carbide fibre market is the increasing demand for lightweight and high-performance materials in aerospace and military applications. These fibres offer exceptional strength, stiffness, and thermal conductivity, making them ideal for use in aircraft and spacecraft components, such as wings, fuselages, and jet engines.

Moreover, the growing demand for nuclear energy is fueling the adoption of silicon carbide fibres in nuclear reactors. These fibres possess excellent neutron absorption and radiation shielding properties, making them suitable for use in reactor core components and shielding materials.

Challenges and Restraints in Silicon Carbide Fibre

One of the major challenges faced by the silicon carbide fibre market is the high cost of production. These fibres are produced using complex and energy-intensive processes, making them expensive compared to other types of fibres.

Another challenge is the limited availability of raw materials, such as high-purity silicon and carbon. This can lead to supply constraints and price volatility, which can impact the growth of the market.

Key Region or Country & Segment to Dominate the Market

North America is expected to dominate the global silicon carbide fibre market throughout the forecast period. The region is home to major aerospace and military industries, which are significant consumers of these fibres. Additionally, the growing demand for nuclear energy in the region is expected to drive market growth in the coming years.

In terms of segments, the continuous fiber segment is anticipated to account for the largest share of the market over the forecast period. Continuous fibers are used in a wide range of applications, including aerospace components, nuclear reactor components, and brake rotors. The whisker segment is also expected to witness significant growth due to its increasing use in electronic packaging and high-temperature applications.

Growth Catalysts in Silicon Carbide Fibre Industry

• The growing demand for lightweight and high-performance materials in aerospace and military applications
• The increasing adoption of silicon carbide fibres in nuclear reactors for neutron absorption and radiation shielding
• The rising demand for these fibres in the automotive industry for brake rotors and clutch plates
• Government initiatives to promote the development and adoption of advanced materials
• The emergence of new applications for silicon carbide fibres in industries such as electronics and healthcare

Leading Players in the Silicon Carbide Fibre

• Nippon Carbon
• UBE Corporation
• Specialty Materials (Global Materials LLC)
• Suzhou Saifei Group
• Hunan Zerafiber New Materials
• Ningbo Zhongxingxincai

Significant Developments in Silicon Carbide Fibre Sector

• In January 2023, Specialty Materials announced the expansion of its silicon carbide fibre production capacity at its facility in Mesa, Arizona. This expansion is expected to meet the growing demand for these fibres in aerospace, military, and nuclear applications.
• In June 2022, Nippon Carbon launched a new high-performance silicon carbide fibre called "SECCAS-3." This fiber offers superior strength, stiffness, and oxidation resistance compared to conventional fibres, making it suitable for use in demanding applications.
• In October 2021, the U.S. Department of Defense awarded a contract to UBE Corporation for the development of advanced silicon carbide fibres for next-generation aerospace and defense systems. This contract is expected to accelerate the development and adoption of these fibres in military applications.

Comprehensive Coverage Silicon Carbide Fibre Report

The comprehensive research report on the silicon carbide fibre market provides a detailed analysis of the market trends, driving forces, challenges, and restraints. The report also includes segmentation of the market by type, application, and region, as well as profiles of leading players in the industry. This report is an essential resource for anyone looking to gain insights into the silicon carbide fibre market and its potential growth opportunities.

Silicon Carbide Fibre Segmentation

• 1. Type
  • 1.1. Overview: Global Silicon Carbide Fibre Consumption Value
  • 1.2. Continuous Fiber
  • 1.3. Whisker
• 2. Application
  • 2.1. Overview: Global Silicon Carbide Fibre Consumption Value
  • 2.2. Aerospace
  • 2.3. Military Weapons and Equipment
  • 2.4. Nuclear
  • 2.5. Others

Silicon Carbide Fibre Segmentation By Geography

• 1. North America
  • 1.1. United States
  • 1.2. Canada
  • 1.3. Mexico
• 2. South America
  • 2.1. Brazil
  • 2.2. Argentina
  • 2.3. Rest of South America
• 3. Europe
  • 3.1. United Kingdom
  • 3.2. Germany
  • 3.3. France
  • 3.4. Italy
  • 3.5. Spain
  • 3.6. Russia
  • 3.7. Benelux
  • 3.8. Nordics
  • 3.9. Rest of Europe
• 4. Middle East & Africa
  • 4.1. Turkey
  • 4.2. Israel
  • 4.3. GCC
  • 4.4. North Africa
  • 4.5. South Africa
  • 4.6. Rest of Middle East & Africa
• 5. Asia Pacific
  • 5.1. China
  • 5.2. India
  • 5.3. Japan
  • 5.4. South Korea
  • 5.5. ASEAN
  • 5.6. Oceania
  • 5.7. Rest of Asia Pacific