Advanced Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
- Transparency Market Research
- July 2034
- 0 pages
Advanced ceramics are defined as nonmetallic inorganic solid materials that possess qualities such as corrosion resistance, low thermal expansion, high-temperature stability, and lightness of weight. They also possess electrical properties ranging from non-conductive to highly conductive. These highly diverse properties make advanced ceramics a preferred choice of materials for various applications in industries such as electrical & electronics, transportation, medical, defense & security, environmental, and chemical. The electrical & electronics segment accounted for significant share of the advanced ceramics market in 2016 owing to the high demand for advanced ceramics in the electronics industry across the globe
Key factors driving the advanced ceramics market include ecofriendly properties of these materials and rise in usage of advanced ceramics to replace conventional metals. Demand for advanced ceramics is expected to increase due to the rise in the demand for ceramics in the medical industry. This is encouraging companies to expand the production of advanced ceramics. Additionally, easy availability of raw materials is anticipated to boost the demand for advanced ceramics in the near future.
The global advanced ceramics market is witnessing technological advancements. Companies are constantly striving to develop new and better advanced ceramics. Development of new manufacturing processes and applications of advanced ceramics is estimated to propel the advanced ceramics market. However, high cost of these materials vis-à-vis other materials such as metals is expected to hamper the global advanced ceramics market.
Based on material, the advanced ceramics market can be classified into alumina ceramics, titanate ceramics, zirconia ceramics, silicon carbide, and others (including aluminum nitride, silicon nitride, pyrolytic boron nitride, and magnesium silicate). Alumina ceramic is a commonly used advanced ceramic material due to its excellent physical properties. These ceramics are employed in end-use industries such as transportation, chemical, electrical & electronics, and medical.
Based on class, the advanced ceramics market can be classified into ceramic matrix composites, ceramic coatings, monolithic ceramics, and others which includes advanced coatings and multilayer ceramics. Monolithic ceramics are commonly used class of advanced ceramic materials owing to their excellent thermal resistance. Thus, these ceramics are preferred in applications where high temperatures are involved.
In terms of geography, the advanced ceramics market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is anticipated to constitute key share of the market during the forecast period. It is estimated to be a rapidly growing region of the advanced ceramics market, owing to the increase in demand from the electrical & electronics industry in the region. Middle East & Africa is likely to be an attractive region of the advanced ceramics market during the forecast period, led by the increase in demand for these ceramics in the automotive industry in the region.
Prominent players operating in the global advanced ceramics market include Kyocera Corporation, CeramTec GmbH, CoorsTek, Inc., Saint-Gobain Ceramic & Plastics, Inc., and Morgan Advanced Materials Plc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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