Ceramic Matrix Composites Market Set to reach USD 22.31 billion by 2030

According to the study by Next Move Strategy Consulting, the Ceramic Matrix Composites Market size is expected to reach USD 22.31 billion with a CAGR of 12.2% till 2030.

The demand for ceramic matrix composites market is increasing due to the high adoption of CMC in the defense, aerospace, and energy power industries.

North America region holds the lion share of ceramic matrix composites market at present and is expected to continue dominating the market during the forecast period.

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