Ceramic Matrix Composites Market Set to Surge at 8.1% CAGR, to Reach USD 8.5 billion by 2031
The global ceramic matrix composites market was projected to attain US$ 4.3 billion in 2022. It is anticipated to garner an 8.1% CAGR from 2023 to 2031 and by 2031; the market is likely to attain US$ 8.5 billion by 2031. Ceramic matrix composites of SiC and SiC are frequently used in gas turbines. South Africa is home to over 33 wind farms in various phases of construction. The nation...
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