UK ceramic matrix composites (CMCs) market is expected to grow at a CAGR of 10.6% during the forecast period. UK is the 3rd largest developed economy in Europe after Germany and France. SST Technology is one of the major companies headquartered in the country working in CMC market. The company manufactures advanced precision fabrications and thermal management systems which can sustain the harsh environment for high tech industries. The company is investing significantly in advanced technologies for applications across industries. For instance, in August 2019, the company has invested in aircraft engine pipe manufacturing and welding capabilities. Manufacturing processes undertaken in-house include precision 5 axis machining, fully controlled CNC pipe bending, automated orbital and manual TIG welding, sheet metal forming and non-destructive testing techniques. 

The newly expanded capability ensures the company can offer a complete end-to-end service. Aviation sector finds a significant market for CMC in the country. As per the World Bank, the country is the third-largest aviation market globally and largest in Europe. Moreover, the country has been witnessing a growth rate in the last decade. As per the World Bank, air passengers in the UK reached to 272 million in 2018. This results in the demand for aircraft which thereby creates a significant opportunity for the CMC components.

The players operating in the market include SGL Carbon SE, 3M Co., Safran Group, SST Technology, and Rolls Royce Holdings plc. These players are focusing on product launches, mergers and acquisitions, and partnerships and collaborations, to expand market share and gain a competitive advantage over their competitors. For instance, in August 2019, SST Technology invested in aircraft engine pipe manufacturing and welding capabilities. Manufacturing processes are undertaken inhouse include precision 5 axis machining, fully controlled CNC pipe bending, automated orbital and manual TIG welding, sheet metal forming and non-destructive testing techniques including geometric and dye penetrant. The newly expanded capability ensures the company can offer a complete end-to-end service. 

Research Methodology

The market study of the UK 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. UK CMC Market Research and Analysis, By Product Type
2. UK CMC Market Research and Analysis, By End-Use Industry

The Report covers:

• Comprehensive research methodology of the UK 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 UK CMC market.
• Insights about market determinants which are stimulating the UK CMC market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.