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2021

Automotive Ceramics Market

Automotive Ceramics Market Size, Share, Competitive Landscape and Trend Analysis Report by Material, Component and Vehicle type : Opportunity Analysis and Industry Forecast, 2020-2027

MC : Advanced Materials

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Author's: Anil Choudhary| Ashwin Ponnappan | Eswara Prasad
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Automotive Ceramics Market Outlook - 2027

The global automotive ceramics market was valued at $1.9 billion in 2019, and is projected to reach $3.1 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.

Automotive ceramics consist of components made from advanced ceramic materials such as zirconia and alumina. Ceramic components are used in engine parts that include knock sensor, valve systems, and super chargers. They are used in various sensors and actuators, such as fuel level sensor, fluid level sensors, and oxygen sensors, for vehicle exhaust gas purification. Ceramic materials are lighter in weight than conventional materials, such as metal, and are durable than plastic. They also offer excellent performance at higher temperatures. 

Infographics_Automotive Ceramics Market-2020-2027

Changing vehicle emission control regulations, increasing consumer demand for fuel-efficient vehicles, and growing electric vehicles are the key drivers of the global automotive ceramics market. 

In an effort to reduce greenhouses gases, emission control regulations are changed to force car makers to improve their vehicle performance. For instance, the European Union is actively engaged in the reduction of greenhouse gases and pollutant emissions. In 2014, Euro 6 emission standard, successor of Euro 5, was brought into force. This led to modifications in the vehicle’s exhaust systems. Therefore, stringent regulations across the globe resulted in the production of new ceramic products. Improvements in the engine block to achieve higher fuel efficiency are expected to utilize ceramics to reduce the weight of the engine. Further, engine technologies, such as turbocharged engines and direct fuel injection systems, allow for more efficient engine design and operation. This is expected to increase the demand for sensors made from ceramic materials. Increasing global motor vehicle production as a response to increased demand for passenger as well as commercial vehicles boosts the automotive ceramics market growth. In 2019, 92.8 million motor vehicles were produced, which is expected to increase during the forecast period. However, a decline in automotive production is estimated as a result of the COVID-19 pandemic. Another key trend in the automotive industry that diversifies the industry is the level of automation. Automating vehicle operations is expected to use more sensors and electronic components. In 2019, CoorsTek, a global manufacturer of ceramics, showcased its portfolio of automotive ceramics for electric & hybrid vehicle technology. 

However, the development of ceramic components for the automotive industry is capital intensive for design and development. Each application requires customized component design, which increases the final cost. This factor is anticipated to hamper the growth of the automotive ceramics market during the forecast period. On the contrary, development of low-cost manufacturing technologies to manufacture ceramic-based components is expected to offer lucrative opportunities for the automotive ceramics market growth.

The global automotive ceramics market is segmented into material, component, application, and region. Based on material, the global automotive ceramics market is divided into alumina oxide, titanate oxide, zirconia oxide, and others. 

On the basis of component, the global automotive ceramics market is classified into automotive engine parts, automotive exhaust systems, automotive electronics, and others.

Based on application, it is bifurcated into passenger vehicle and commercial vehicle. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The global automotive ceramics market is consolidated as the development of ceramic components from raw materials is capital-intensive. Major players offering automotive ceramics include Almatis GmbH, Compagnie de Saint-Gobain S.A., CoorsTek Inc., Elan Technology, Ferrotec Corporation, Hoganas AB, International Syalons (Newcastle) Limited, Noritake Co. Ltd., Stanford Advanced Materials and Venator Materials Plc.

Automotive ceramics market, by region 

Asia-Pacific held the largest market share in 2019, and is estimated to register the highest CAGR of 7.3%. Countries in Asia-Pacific, such as India, China, and Japan, have a well-established automotive industry, which is growing in terms of volume as well as revenue. These countries are major players in the supply chain of automotive manufacturing.

Automotive Ceramics Market
By Region
2027
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific would exhibit the highest CAGR of 7.3% during 2019-2027.

Automotive ceramics market, by material

Alumina held the largest market share in 2019, alumina is mainly used for automotive electronic components and thermal barrier coating for engine parts. 

Automotive Ceramics Market
By Material
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Zirconia oxide segment segment is projected as the most lucrative segment.

Automotive ceramics market, by component

The engine parts segment held the largest market share in 2019. Ceramic-based engine parts include spark plug insulators, glow plugs, valves, pump seals, seal, and nozzles. These parts are indispensable for the proper functioning of every motor vehicle. 

Automotive Ceramics Market
By Component
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Automotive electronics segment is projected as the most lucrative segment.

Automotive ceramics market, by application

Based on vehicle type, the passenger segment held the largest automotive ceramics market share in 2019. 

Automotive Ceramics Market
By Application
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Passenger vehicle segment is projected as the most lucrative segment.

Increasing population and rise in disposable income have surged the sales of passenger vehicles. In addition, passenger electric vehicles are expected to increase the demand for automotive electronic systems.

Key benefits for stakeholders

  • Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the automotive ceramics industry for strategy building.
  • The report outlines the current automotive ceramics market trends and future estimations from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
  • The major countries in each region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, & opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Impact Of Covid-19 On The Global Automotive Ceramics Market

  • The automotive industry was one of the worst affected industries due to the COVID-19 pandemic as it disrupted the entire supply chain, starting from material sourcing to the end-use consumer.
  • On the supply side of automotive ceramics, the closure of operations in China deeply impacted the supply of ceramic materials. China is a key region for the supply of ceramic raw materials such as zirconia and alumina. 
  • On the demand side, there was a change in consumer spending patterns as consumers delayed purchasing new vehicle to minimize the spending. This decline in automotive sales led to loss of revenue of all the automobile manufacturing companies. The decline in consumer demand was evident in their quarterly sales. 
  • Major car companies, such as Toyota, have temporarily suspended or intend to temporarily suspend production of automobiles and components at selected plants in Japan and overseas. 
  • In the U.S., passenger car sales went down 21.1% at 8 million units. Japanese car sales in the first 9 months contracted by 18.1%. Car registrations in China are now down 13.2% to 13 million units. 
  • Between January and August 2020, both imports and exports of commercial vehicles fell significantly. Registrations of vans in the EU fell by 22.8% to 1 million units from January 2020 to September 2020.
  • However, the global automotive industry has showed positive signs of recovery in early 2021, a major part of sales being held by the passenger vehicle segment 

Automotive Ceramics Market Report Highlights

Aspects Details
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By Material
  • Alumina Oxide
  • Titanate Oxide
  • Zirconia Oxide
  • Others
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By Component
  • Automotive Engine Parts
  • Automotive Exhaust Systems
  • Automotive Electronics
  • Other
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By Application
  • Passenger Vehicle
  • Commercial Vehicle
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Spain, Italy, Rest Of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Argentina, Saudi Arabia, Rest of LAMEA)
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Key Market Players

COORSTEK INC., INTERNATIONAL SYALONS (NEWCASTLE) LIMITED, STANFORD ADVANCED MATERIALS, ELAN TECHNOLOGY, FERROTEC HOLDINGS CORPORATION, ALMATIS GmbH, HOGANAS AB, VENATOR MATERIALS PLC, NORITAKE CO. LTD., COMPAGNIE DE SAINT-GOBAIN S.A.

Analyst Review

The automotive ceramics market is anticipated to grow at a steady rate during the forecast period. Changing vehicle emission control regulations and increasing consumer demand for fuel-efficient vehicles are expected to drive the demand for ceramics in the automotive industry. Commercial deployment of electric and hybrid vehicles will make use of ceramics for improving performance, safety, and range. The global automotive industry is undergoing a massive upgrade from fossil-fuel based engines toward electric mobility. In addition, automotive ceramic components help to reduce operating temperatures in battery modules.  

Author Name(s) : Anil Choudhary| Ashwin Ponnappan | Eswara Prasad
Frequently Asked Questions?

Developing new ceramic technology for automotive applications will offer new opportunities for the global automotive ceramics market

The automotive ceramics market is projected to reach $3.1 billion by 2027 registering a CAGR of 6.5% from 2020 to 2027.

Compagnie de Saint-Gobain S.A., CoorsTek Inc., Ferrotec Corporation, Hoganas AB, and Noritake Co. Ltd. are some of the major players in the automotive ceramics market

The automotive industry that includes internal combustion (IC) vehicles and electric vehicles will drive the demand for automotive ceramics.

Based on the application, the passenger vehicle segment accounted for the largest market share in 2019

Changing fuel emission control regulations and rising demand for fuel efficiency are the main drivers of the automotive ceramics market

The use of ceramic materials in the automotive electronics segment is expected to drive the adoption of automotive ceramics

The COVID-19 disrupted the global automotive industry in the form of reduced production and a major dip in annual sales

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Automotive Ceramics Market

Opportunity Analysis and Industry Forecast, 2020-2027