Global Advanced Ceramics Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 11.46 Billion |
 Market Size (Forecast Year) |
USD 15.80 Billion |
 CAGR |
% |
| Major Markets Players |
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Global Advanced Ceramics Market Segmentation, By Material (Alumina Ceramics, Titanate Ceramics, Zirconia ceramics, Silicon Carbide Ceramics and Others), End User (Electrical and Electronics, Transportation, Medical, Defence and Security, Environmental, Chemical and Others), Class (Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings, Others) - Industry Trends and Forecast to 2031.
Advanced Ceramics Market Analysis
Consistent advancements in the research and development framework are expanding the application possibilities for advanced ceramics, favouring the top advanced ceramics manufacturers. Improved fracture toughness, mainly for structural ceramics, is one such notable advancement.
Advanced Ceramics Market Size
Global advanced ceramics market size was valued at USD 11.46 billion in 2023 and is projected to reach USD 17.59 billion by 2031, with a CAGR of 5.5% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes |
Advanced Ceramics Key Market Insights |
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Segmentation |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America |
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Key Market Players |
Kyocera Corporation (Japan), CeramTec GmbH (Germany), Coors Tek Inc. (US), Saint-Gobain Ceramic Materials (US), Morgan Advanced Materials Plc (UK), McDanel Advanced Ceramic Technologies (US), Ceradyne, Inc. (US), Rauschert Steinbach GmbH (Germany), Murata Manufacturing Co., Ltd. (Japan), Mantec Technical Ceramics Ltd. (UK), ENrG Inc. (US), Maruwa Co.Ltd. (Japan), Central Electronics Limited (India), PI Ceramics (Germany), Sensor Technology Ltd (UK), Sparkler Ceramics Pvt. Ltd. (India), APC International Ltd. (US). |
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Market Opportunities |
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Advanced Ceramics Market Definition
Advanced ceramics are inorganic and nonmetallic solids with a wide range of properties. When compared to its traditional counterparts, ceramics have a low coefficient of thermal expansion, high strength and corrosion resistance, and are lightweight. These properties, as well as the fact that they are highly versatile, make ceramics a favoured choice in a variety of industries.
Advanced Ceramics Market Dynamics
Drivers
- Rise in the Development of End Use Industries
In comparison to other materials, advanced ceramics offer a higher corrosion resistance. As a result, these ceramics are suitable for a wide range of applications, including aerospace, energy and power, automotive, electronics, and military and defence which is further anticipated to propel the growth of the market.
- Growing Performance Properties of Advanced Ceramics
Advanced ceramics outperform traditional materials such as aluminium and steel in terms of corrosion resistance, resulting in lower maintenance and other costs for aircraft, vehicles, and armour will further accelerate the market growth.
- Increase in the Demand from Medical and Electronics Sectors
Manufacturers in the advanced ceramics industry will be forced to add creative features to their offerings as demand for new consumer electronics gadgets grows which is further contributing the growth of the market.
Opportunities
In addition, the rise in the nanotechnology and growing use in aerospace and defense industries is further estimated to provide potential opportunities for the growth of the advanced ceramics market in the coming years.
Restraints/Challenges Global Advanced Ceramics Market
On the other hand, the increased cost than their metal and alloy counterparts is further projected to impede the growth of the advanced ceramics market in the targeted period. However, the reduced acceptance in newer applications might further challenge the growth of the advanced ceramics market in the near future.
This advanced ceramics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the advanced ceramics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Advanced Ceramics Market
The pandemic of COVID-19 has had a huge impact on the advanced ceramics market. The COVID-19 outbreak has had a major influence on most manufacturing industries, and advanced ceramics is no exception. Even after the shutdowns, all supply chain enterprises were regarded as necessary and operational. During the shutdowns, the majority of market participants were forced to keep their production facilities closed, producing substantial supply chain disruptions. However, in the post-COVID scenario, advanced ceramics market is projected to be significantly impacted due to the advanced ceramics have emerged as a promising material for carriers that contain and transmit blood probes in diagnostic equipment due to their biocompatibility.
Advanced Ceramics Market Scope
The advanced ceramics market is segmented on the basis of material, class and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Alumina Ceramics
- Titanate Ceramics
- Zirconia ceramics
- Silicon Carbide Ceramics
- Others
On the basis of material, the advanced ceramics market is segmented into alumina ceramics, titanate ceramics, zirconia ceramics, silicon carbide ceramics and others.
Class
- Monolithic Ceramics
- Ceramic Matrix Composites
- Ceramic Coatings
- Others
On the basis of class, the advanced ceramics market is segmented into monolithic ceramics, ceramic matrix composites, ceramic coatings, others.
End User
- Electrical and Electronics
- Transportation
- Medical
- Defence and Security
- Environmental
- Chemical
- Others
On the basis of end user, the advanced ceramics market is segmented into electrical and electronics, transportation, medical, defence and security, environmental, chemical and others.
Advanced Ceramics Market Regional Analysis
The advanced ceramics market is analysed and market size insights and trends are provided by country, material, class and end user as referenced above.
The countries covered in the advanced ceramics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the advanced ceramics market due to the rise in the demand of advanced ceramics. Furthermore, the growing adoption of advanced ceramics will further boost the growth of the advanced ceramics market in the region during the forecast period.
Asia-Pacific is projected to observe significant amount of growth in the advanced ceramics market during the forecast period of 2024 to 2031 due to the rise in the demand for advanced ceramics from various end use industries. Moreover, the occurrence of major key players is further anticipated to propel the growth of the advanced ceramics market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Advanced Ceramics Market Share
The advanced ceramics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to advanced ceramics market.
Advanced Ceramics Market Leaders Operating in the Market Are:
- Kyocera Corporation (Japan)
- CeramTec GmbH (Germany)
- Coors Tek Inc. (US)
- Saint-Gobain Ceramic Materials (US)
- Morgan Advanced Materials Plc (UK)
- McDanel Advanced Ceramic Technologies (US)
- Ceradyne, Inc. (US)
- Rauschert Steinbach GmbH (Germany)
- Murata Manufacturing Co., Ltd. (Japan)
- Mantec Technical Ceramics Ltd. (UK)
- ENrG Inc. (US)
- Maruwa Co.Ltd. (Japan)
- Central Electronics Limited (India)
- PI Ceramics (Germany)
- Sensor Technology Ltd (UK)
- Sparkler Ceramics Pvt. Ltd. (India)
- APC International Ltd. (US)
Latest Developments in Advanced Ceramics Market
- In March 2021, Ceramtec has vertically integrated its sophisticated piezoceramics manufacturing with ultrasonic sensor and transducer assembly. With this combination, the company is now able to provide end-to-end service for specific high-power langevin transducers, as well as a full-service solution that includes transducer design, development, and manufacturing for a variety of medical applications.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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