Japan ceramic matrix composites (CMCs) market is expected to grow at a CAGR of 9.8% during the forecast period. The CMC market in Japan is growing significantly owing to the increasing R&D activities in the aerospace sector. The CMC’s have various benefits in aerospace, in propulsion and exhaust, thermal protection, and hot primary structure applications among others. Additionally, investments by the government coupled with the projects undertaken by the Japanese Aerospace Industry affect market growth.

The aerospace industry in Japan expanded steadily to satisfy its defense requirements, in recent years’ participation in the international joint development of civil aircraft has increased. In space operations, the development of transportation and satellite systems has been promoted and increased. Thus, the Japanese aerospace industry is being continually advanced to stand alongside those in the US and EU, which are projected to boosts the growth to the CMC’s as it offers benefits in aerospace for thermal protection, propulsion and exhaust, and hot primary structure applications.

The CMC market in Japan is growing significantly owing to the regional presence of the key players such as General Electric Co., UBE Industries, Ltd., Nippon Carbon Co. Ltd., and among others. The CMC manufacturers are adopting various strategies such as new product launches, mergers and acquisitions, partnerships and collaborations, and many others to thrive in a competitive environment. For instance, in June 2015, Nippon Carbon Co. Ltd. in joint venture with NGS Advanced Fibres, GE and Safran had established the second manufacturing plant for approximately $55 million for its silicon carbide continuous fiber “Nicalon” production for CMC at its second manufacturing plant. These are being significantly utilized in manufacturing of jet engines and aircraft, owing to its lightweight, durable, and heat resistant properties and contributes significantly to the improved fuel efficiency of aircraft.

Research Methodology

The market study of the Japan CMC market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Japan CMC Market Research and Analysis, By Product Type
2. Japan CMC Market Research and Analysis, By End-Use Industry

The Report covers:

• Comprehensive research methodology of the Japan CMC market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Japan CMC market.
• Insights about market determinants which are stimulating the Japan CMC market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.