Ceramic Substrates Market Size - By Product Type, By End Use, By Form and Forecast, 2025 - 2034

Major players in the industry include Applied Thin Films, Inc., CeramTec GmbH, COI Ceramics, Inc., CoorsTek, Inc., General Electric Company, Kyocera Corporation, Lancer Systems, Morgan Advanced Materials, Reinhold Industries, Inc., Renegade Materials Corporation, and Rolls-Royce plc.

The U.S. market was valued at USD 4.3 billion in 2024 and is expected to grow significantly, driven by advanced aerospace and defense industries and substantial R&D investments.

The global market size for ceramic matrix composites was valued at approximately USD 14.4 billion in 2024 and is expected to reach around USD 37.3 billion by 2034, driven by a CAGR of over 10% during the forecast period due to increasing demand in aerospace and defense sectors.

Continuous fiber accounted for a 74.1% market share in 2024, driven by its exceptional mechanical strength, thermal stability, and damage tolerance, making it ideal for high-performance applications in aerospace and automotive industries.