The global ceramic matrix composites (CMC) market was valued at an estimated USD 3.40 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.8% from 2023 to 2030. The market's growth is largely driven by the unique properties of CMCs, such as high stability at elevated temperatures, reduced weight, and exceptional strength, making them highly attractive for...
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