Advanced Ceramics Market

Advanced ceramics are defined as inorganic solid materials, which are nonmetallic and possess qualities such as low thermal expansion and corrosion resistance. These are powdered materials, which are fabricated into products through the application of heat. Moreover, advanced ceramics are ecofriendly and possess electrical properties ranging from non-conductive to highly conductive.
Advanced ceramics are different from conventional ceramics as these have special properties such as resistance to heat, corrosion, and wear. Moreover, advanced ceramics minimize limitations and drawbacks associated with traditional ceramics. However, these continue to provide original properties of ceramic material.

The global advanced ceramics market is driven by the advantages provided by advanced ceramics over conventional ceramics such as strength, lightweight, corrosion-resistance, high-temperature stability, and low thermal expansion. Moreover, these ceramics also act as insulators and semiconductors, which further boost the growth of the market. The ecofriendly properties of these materials and easy availability of raw materials further fuel the growth of the advanced ceramics market.

Furthermore, surge in use and production of gaming systems, portable computing devices, cellular phones, and other personal electronic devices leads to rise in demand for capacitors, semiconductors, and other advanced ceramics-containing electronic components. This contributes to the growth of the market. However, the high cost of raw materials is expected to hamper the market growth. Conversely, discovery of new applications of advanced ceramics products in various industries and rise in R&D activity associated with advanced ceramics are the factors expected to provide lucrative opportunities during the forecast period.
The global advanced ceramics market is segmented into material type, class, application, end user, and region. Based on material type, it is divided into alumina, zirconia, magnesium silicate, silicon carbide, silicon nitride, aluminum nitride, pyrolytic boron nitride, titanate, and other. Based on class, it is classified into ceramic matrix composites, monolithic ceramics, ceramic coatings, and other. On the basis of product, the market is categorized into electrical & electronic parts, filters, catalyst support, wear parts, engine parts, bio ceramics, armor, and others. Based on end-use industry, advanced ceramics market is fragmented into chemical, defense & security, medical, electrical & electronics, transportation and others. Others include the textile, mining, and marine industries.

Based on region, global advanced ceramics market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

The major companies operating in the global advanced ceramics market include Saint-Gobain Advanced Ceramics LLC, Corning Inc, AGC Group, Murata Manufacturing Co. Ltd, The NSG Group, Kyocera Corp., Schott Ag, Vesuvius plc, CoorsTek, Inc., and RHI AG.

KEY BENEFITS FOR STAKEHOLDERS:

• The market size has been analyzed across all regions.
• Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
• The report outlines the current market trends and future scenario of the market size to understand the prevailing opportunities and potential investment pockets. The market is forecasted.
• Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
• The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
• The market analysis covers in-depth information of major industry participants.

 Advanced Ceramics Market Report Highlights