The global market for aerospace ceramics was valued at $5.3 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.0% to reach $8.2 billion by the end of 2029.

According to the International Energy Agency, the aviation industry was responsible for 2.5% of global carbon emissions in 2023. To achieve net-zero emissions, this sector must undergo transformation driven by the push for greener aviation materials and technologies, sustainability mandates, and environmental regulations.