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Silicon Carbide Fibers Market Size, Share, Covid-19 impact Analysis and Forecasts to 2031
Silicon Carbide Fibers Market Size, Share, Covid-19 impact Analysis and Forecasts to 2031
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

Silicon carbide (SiC) fiber is a type of high-performance ceramic material composed mainly of silicon carbide molecules. The demand for SiC fiber is on the rise due to high-performance properties such as low density, light weight, high stiffness, high chemical resistance, high tensile strength, and high temperature tolerance. SiC fiber also helps in attaining environmental sustainability by enhancing fuel efficiency in terms of reducing COx and NOx emissions generated from aerospace, energy, and power industries. Aircraft components such as turbine engines, nozzles, propulsion units, and combustor liners are highly adopting SiC fibers as a replacement for conventional metals.

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Aircraft engine components operate under extreme temperature conditions that require material such as silicon carbide fibers, which possess properties such as heat resistance, low thermal expansion, low electrical conductivity, and corrosion resistance. SiC fiber is an enduring solution for high performance of engine components, which helps in extending the product’s lifespan. Rising demands from energy, power, industrial, and chemical industries are driving the SiC fibers market.

SiC fiber is a sustainable material for energy and power industries. As the power industry is transitioning toward clean electricity generation, renewable energy, nuclear power plants, natural gas-based power plants, and the solar industry are expected to grow in the upcoming years. A nuclear power plant operates under high radiation and temperature activities, where SiC fiber can withstand heat and radiation due to properties such as high tensile strength and low thermal expansion. SiC fiber has a potential application in nuclear fission and fusion reactors. Other industrial applications of SiC fiber fall in electronics and industrial segments, which require high strength and modulus. SiC fibers are suitable for high voltage functions, making them suitable for use in the semiconductor industry.

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Apart from these driving factors, some restraining factors are impacting the growth of the market, such as the high production cost of SiC fiber and longer production time. Catering to the growing demand for SiC fiber, many research and development activities are going on to lower the production cost. In addition to this, the downfall in aircraft production due to COVID-19 is hampering the growth of the market.

SiC fiber is one of the emerging lightweight materials, which is progressively expediting in aerospace, energy, and power industries. The SiC fiber surpasses the performance of conventional materials driven by factors such as high heat performance, lesser energy loss, high rupture strength, low emission, and increased fuel efficiency. SiC fibers are extensively used in producing ceramic matrix composites (CMCs), polymer matrix composites (PMCs), and metal matrix composites (MMCs).