Japan ceramic matrix composites (CMCs) market is expected to grow at a CAGR of 9.8% during the forecast period. The CMC market in Japan is growing significantly owing to the increasing R&D activities in the aerospace sector. The CMC’s have various benefits in aerospace, in propulsion and exhaust, thermal protection, and hot primary structure applications among others. Additionally, investments by the government coupled with the projects undertaken by the Japanese Aerospace Industry affect market growth.

A full Report of Japan Ceramic Matric Composites (CMC) Market Available at https://www.omrglobal.com/industry-reports/japan-ceramic-matric-composites-cmc-market

The aerospace industry in Japan expanded steadily to satisfy its defense requirements, in recent years’ participation in the international joint development of civil aircraft has increased. In space operations, the development of transportation and satellite systems has been promoted and increased. Thus, the Japanese aerospace industry is being continually advanced to stand alongside those in the US and EU, which are projected to boosts the growth to the CMC’s as it offers benefits in aerospace for thermal protection, propulsion and exhaust, and hot primary structure applications.

Request a Free Report on Sample of Japan Ceramic Matric Composites (CMC) Market @ https://www.omrglobal.com/request-sample/japan-ceramic-matric-composites-cmc-market

The CMC market in Japan is growing significantly owing to the regional presence of the key players such as General Electric Co., UBE Industries, Ltd., Nippon Carbon Co. Ltd., and among others. The CMC manufacturers are adopting various strategies such as new product launches, mergers and acquisitions, partnerships and collaborations, and many others to thrive in a competitive environment. For instance, in June 2015, Nippon Carbon Co. Ltd. in joint venture with NGS Advanced Fibres, GE and Safran had established the second manufacturing plant for approximately $55 million for its silicon carbide continuous fiber “Nicalon” production for CMC at its second manufacturing plant. These are being significantly utilized in manufacturing of jet engines and aircraft, owing to its lightweight, durable, and heat resistant properties and contributes significantly to the improved fuel efficiency of aircraft.

Japan CMC Market Segmentation

By Product Type

• Silicon Carbide Reinforced Silicon Carbide
• Oxides/Oxides
• Carbon/Carbon Composites
• Others (SIC/C)

By End-Use Industry

• Automotive
• Aerospace & Defense
• Energy & Power
• Electrical & Electronics

Company Profiles

• 3M Co.
• CeramTec GmbH
• General Electric Co.
• Rolls-Royce plc
• Safran Group
• SGL Carbon SE

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/japan-ceramic-matric-composites-cmc-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. AnuragTiwari
Email: [email protected]
Contact no: +1 646-755-7667, +91 780-304-0404