South America Ceramic Matrix Composites Market By End-Use Industry Forecast (2016-2024)
The above chart is Global Ceramic Matrix Composites market [2016-2024] South America by End-Use Industry
mexico accounted for the largest market share in 2018 in the south america ceramic matrix composites market, and is expected to reach usd 377.50 million in 2024 from usd 198.10 million in 2018.this market is projected to grow at a cagr of 11.44% during the forecast period from 2019 - 2024. silicon carbide/ silicon carbide sic/sic segment accounted for the largest market share in 2018, this market is expected to reach usd 258.10 million in 2024 from usd 140.00 million in 2018. this market is projected to grow at a cagr of 10.84% during the forecast period from 2019 - 2024. however, carbon/silicon carbide c/sic segment is the fastest growing market, which is expected to grow at a cagr of 11.29% during the forecast period 2019 - 2024. aerospace segment accounted for the largest market share in 2018, this market is expected to reach usd 325.70 million in 2024 from usd 174.60 million in 2018. this market is projected to grow at a cagr of 11.04% during the forecast period from 2019 - 2024. however, automotive segment is the fastest growing market, which is expected to grow at a cagr of 11.17% during the forecast period 2019 - 2024. gaseous infiltration / chemical vapor infiltration cvi process segment accounted for the largest market share in 2018, this market is expected to reach usd 303.50 million in 2024 from usd 162.50 million in 2018. this market is projected to grow at a cagr of 11.08% during the forecast period from 2019 - 2024. however, gaseous infiltration / chemical vapor infiltration cvi process segment is the fastest growing market, which is expected to grow at a cagr of 11.08% during the forecast period 2019 - 2024. short fiber segment accounted for the largest market share in 2018, this market is expected to reach usd 358.90 million in 2024 from usd 191.50 million in 2018. this market is projected to grow at a cagr of 11.13% during the forecast period from 2019 - 2024. however, short fiber segment is the fastest growing market, which is expected to grow at a cagr of 11.13% during the forecast period 2019 - 2024.