Global Ceramic Matrix Composites Market Size Growing at a CAGR of 9.1% from 2019-2026

The Global Ceramic Matrix Composites Market was valued at USD 8.1 billion in 2018 and is expected to reach USD 20.7 billion in 2026, growing at a CAGR of 9.1% from 2019 to 2026.According to the European Automobile Manufacturers Association (EAMA), in 2018, automobile manufacturers allocated a major share of the resources on developing lightweight automotive components.

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