The corrosion behaviors of SiC/SiC composite constituent materials in pure water at operating conditions, such as 300 °C and 8.5 MPa, were studied for potential application in accident-tolerant light water reactor (LWR) fuel cladding and core structures. Five kinds of SiC fibers, four kinds of SiC matrices, and three kinds of fiber/matrix interphase materials were examined in autoclaves. The potential constituent materials for future use in SiC/SiC composites were selected by considering corrosion rates and residual strength characteristics. The mass changes and the residual strength of each specimen were measured. SEM images of the surface layers were also inspected. The SiC fibers, regardless of their purity, crystallinity or stoichiometric ratio, decreased in strength due to the hydrothermal corrosion. For its part, the hydrothermal corrosion resistance of CVD-SiC, as a SiC matrix, was found to be affected by manufacturing conditions such as raw material gas type and synthesis temperature, as well as post-machining morphology. The CVD-carbon (CVD-C), as a fiber/matrix interphase material, showed good hydrothermal corrosion resistance. In order to protect the SiC fibers and the SiC matrices from hydrothermal corrosion, it would appear to be necessary to apply a dense CVD-C coating to both every fiber and the entire surface of the SiC matrices.