The global market value of aerospace ceramics is projected to increase from 4.9 billion U.S. dollars in 2021 to 8.8 billion dollars by 2026. Due to their high thermal resistance, hardness, and resistance to vibration, ceramics have a wide variety of applications in the aerospace sector.
Market value of aerospace ceramics worldwide in 2021, with a forecast for 2026
(in billion U.S. dollars)
*Forecast based on a compound annual growth rate (CAGR) of 12.2 percent over the forecast period 2021-2026. The figure for 2021 is estimated as of October 2021.
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BCC Research. (October 1, 2021). Market value of aerospace ceramics worldwide in 2021, with a forecast for 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1276559/global-market-value-aerospace-ceramics/
BCC Research. "Market value of aerospace ceramics worldwide in 2021, with a forecast for 2026 (in billion U.S. dollars)." Chart. October 1, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1276559/global-market-value-aerospace-ceramics/
BCC Research. (2021). Market value of aerospace ceramics worldwide in 2021, with a forecast for 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1276559/global-market-value-aerospace-ceramics/
BCC Research. "Market Value of Aerospace Ceramics Worldwide in 2021, with a Forecast for 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Oct 2021, https://www.statista.com/statistics/1276559/global-market-value-aerospace-ceramics/
BCC Research, Market value of aerospace ceramics worldwide in 2021, with a forecast for 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1276559/global-market-value-aerospace-ceramics/ (last visited August 24, 2024)
Market value of aerospace ceramics worldwide in 2021, with a forecast for 2026 (in billion U.S. dollars) [Graph], BCC Research, October 1, 2021. [Online]. Available: https://www.statista.com/statistics/1276559/global-market-value-aerospace-ceramics/