What Happened
Aerospace and Hypersonic Demand Drive Growth in Key Materials Sector
The global silicon carbide composite materials market is expected to grow at a compound annual growth rate of 12-15% from 2026 to 2035, driven by demand from the aerospace and defense sectors. The market is forecast to reach a market index of approximately 320 by 2035, with premium aerospace-grade formulations commanding a significant share of market value. Supply constraints in silicon carbide fibers may limit industry scale-up, according to the latest report from IndexBox.