SiC fiber market seen tripling by 2028 as aerospace demand leads

Allied Market Research says the global silicon carbide fiber market will rise from $0.38 billion in 2020 to $1.47 billion by 2028, driven by aerospace, defense, and energy applications. North America held the biggest share in 2020, while Asia-Pacific is projected to grow fastest through 2028.

Why it matters: - Silicon carbide fibers are gaining traction because they can handle high heat, mechanical stress, and harsh chemical environments. - The market forecast points to strong demand in aerospace, defense, and energy systems, where lighter and more durable materials can improve performance. - The projected jump from $0.38 billion in 2020 to $1.47 billion by 2028 signals a fast-growing niche in advanced materials.

What happened: - Allied Market Research published a forecast for the global SiC fiber market covering crystalline and amorphous fiber types and applications including aerospace and defense, energy and power, industrial, and others. - The report valued the market at $0.38 billion in 2020 and projected it will reach $1.47 billion by 2028, implying an 18.6% compound annual growth rate from 2021 to 2028. - The report was released July 2, 2026. - The company also posted a sample page for the research overview and a purchase page for statistical data and graphs.

The details: - The aerospace and defense segment led the market in 2020 with more than two-fifths of global revenue. - The aerospace and defense segment is projected to post the fastest growth through 2028, with a 19.2% CAGR. - Crystalline SiC fiber held nearly three-fifths of the market in 2020 and is expected to keep the lead through 2028. - Crystalline fiber is favored for high thermal resistance, superior mechanical strength, chemical stability, and high modulus. - The amorphous segment is expected to grow fastest at a 19.3% CAGR, supported by use in aerospace, aviation, power generation, and metallurgical industries. - SiC fibers are used in aircraft engine insulation, turbine components, ceramic matrix composites, and other high-temperature aerospace applications. - Growth drivers include rising aerospace and defense demand and broader use in energy and power systems because of thermal and mechanical performance. - Market headwinds during the pandemic included weaker demand for non-essential products, supply chain disruptions, and trade restrictions that limited raw materials and finished goods. - The report flags advanced non-oxide SiC fibers as an emerging opportunity, especially for high-performance industrial uses.

Between the lines: - The forecast suggests the market is moving from a specialized materials category toward a more strategic input for defense and industrial manufacturing. - North America’s lead reflects concentrated aerospace and defense investment, especially in the United States. - Asia-Pacific’s faster growth rate points to expanding industrial capacity and defense spending, with China singled out as a key driver. - The competitive field remains fragmented, with a mix of specialty fiber makers and larger industrial materials companies. - Major companies named in the report include BJS Ceramics GmbH, Free Form Fibers LLC, Haydale Technologies Inc., NGS Advanced Fibers Co., Ltd., UBE Industries Ltd., American Elements, Nippon Carbon Co., Ltd., GE Aviation, Saint-Gobain, and SGL Carbon SE.

What's next: - North America is expected to keep the largest share through the forecast period. - Asia-Pacific is projected to expand at a 21.5% CAGR between 2021 and 2028. - Continued investment in advanced materials and defense manufacturing should keep demand centered on high-performance aerospace and industrial uses. - The market’s next growth phase will likely depend on how quickly manufacturers scale advanced non-oxide SiC fiber production.