Europe Ceramic Matrix Composites Market By End-Use Industry Forecast (2016-2024)

Year AUSTRIA BELGIUM GERMANY SPAIN FRANCE UNITED KINGDOM ITALY NETHERLANDS RUSSIAN FEDERATION REST OF EUROPE
2016 $ 30.1 $ 46.4 $ 234.5 $ 87.5 $ 158.7 $ 111.7 $ 109.5 $ 59.0 $ 99.8 $ 39.7
2017 $ 32.5 $ 50.8 $ 262.8 $ 97.4 $ 175.2 $ 125.5 $ 121.1 $ 64.9 $ 108.2 $ 43.3
2018 $ 35.0 $ 55.7 $ 294.6 $ 108.3 $ 193.5 $ 141.0 $ 134.1 $ 71.4 $ 117.2 $ 47.1
2019 $ 37.8 $ 61.1 $ 330.7 $ 120.8 $ 214.2 $ 158.8 $ 148.8 $ 78.8 $ 127.3 $ 51.4
2020 $ 40.9 $ 67.2 $ 371.7 $ 135.0 $ 237.5 $ 179.2 $ 165.5 $ 87.1 $ 138.6 $ 56.3
2021 $ 44.3 $ 74.0 $ 417.9 $ 151.0 $ 263.7 $ 202.4 $ 184.1 $ 96.4 $ 150.9 $ 61.6
2022 $ 48.2 $ 81.8 $ 471.7 $ 169.6 $ 293.9 $ 229.6 $ 205.8 $ 107.1 $ 165.1 $ 67.7
2023 $ 52.5 $ 90.4 $ 532.2 $ 190.6 $ 327.7 $ 260.5 $ 230.0 $ 119.0 $ 180.7 $ 74.5
2024 $ 57.1 $ 100.0 $ 600.3 $ 214.1 $ 365.5 $ 295.7 $ 257.2 $ 132.3 $ 197.7 $ 81.9
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Europe Ceramic Matrix Composites Market By End-Use Industry Forecast (2016-2024)

Synopsis
The above chart is Global Ceramic Matrix Composites market [2016-2024] Europe by End-Use Industry

Market Dynamics

germany accounted for the largest market share in 2018 in the europe ceramic matrix composites market, and is expected to reach usd 600.30 million in 2024 from usd 294.60 million in 2018. however, united kingdom is the fastest growing market, which is expected to grow at a cagr of 13.24% during the forecast period 2019 - 2024. silicon carbide/ silicon carbide sic/sic segment accounted for the largest market share in 2018, this market is expected to reach usd 664.10 million in 2024 from usd 344.20 million in 2018. this market is projected to grow at a cagr of 11.67% during the forecast period from 2019 - 2024. however, carbon/silicon carbide c/sic segment is the fastest growing market, which is expected to grow at a cagr of 12.22% during the forecast period 2019 - 2024. aerospace segment accounted for the largest market share in 2018, this market is expected to reach usd 816.40 million in 2024 from usd 417.10 million in 2018. this market is projected to grow at a cagr of 11.94% during the forecast period from 2019 - 2024. however, automotive segment is the fastest growing market, which is expected to grow at a cagr of 12.11% during the forecast period 2019 - 2024. short fiber segment accounted for the largest market share in 2018, this market is expected to reach usd 948.40 million in 2024 from usd 481.30 million in 2018. this market is projected to grow at a cagr of 12.07% during the forecast period from 2019 - 2024. however, short fiber segment is the fastest growing market, which is expected to grow at a cagr of 12.07% during the forecast period 2019 - 2024. gaseous infiltration / chemical vapor infiltration cvi process segment accounted for the largest market share in 2018, this market is expected to reach usd 783.40 million in 2024 from usd 399.20 million in 2018. this market is projected to grow at a cagr of 11.99% during the forecast period from 2019 - 2024. however, gaseous infiltration / chemical vapor infiltration cvi process segment is the fastest growing market, which is expected to grow at a cagr of 11.99% during the forecast period 2019 - 2024.

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