Global Technical Ceramic Market, By Material (Oxide Ceramics, Non-Oxide Ceramics), Product (Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings, Others), Application (Electrical Equipment, Catalyst Supports, Electronic Devices, Wear Parts, Engine parts, Filters, Bioceramics, Others), End-User (Electrical and Electronics, Automotive, Machinery, Environmental, Medical, Others)– Industry Trends and Forecast to 2029
Market Analysis and Size
The use of Technical ceramic has not only been considered the keystone of revolutionary developments, but also the most efficient material and cost-effective to ever exist in respected industrial developments. Technical ceramic has divided into many segments but the growth in the Monolithic Ceramics segment is driven by improving demand from major end-user industries such as defence, automotive, power and electronics and electrical. These ceramics are used in making security systems, sensors, and engine components in the transportation segment due to the properties such as high temperature resistance.
Data Bridge Market Research analyses that the technical ceramic market was valued at USD 10.01 billion in 2021 and is expected to reach USD 18.04 billion by 2029, registering a CAGR of 7.64 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Material (Oxide Ceramics, Non-Oxide Ceramics), Product (Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings, Others), Application (Electrical Equipment, Catalyst Supports, Electronic Devices, Wear Parts, Engine parts, Filters, Bioceramics, Others), End-User (Electrical and Electronics, Automotive, Machinery, Environmental, Medical, Others)
|
|
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, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
CoorsTek, Inc. (U.S.), CeramTec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials (U.K.), Saint-Gobain (France), NGK SPARK PLUG CO.,LTD (Japan), 3M (US), McDanel Advanced Ceramic Technologies (US), Rauschert GmbH (Germany)., STC Superior Technical Ceramics (US), Elan Technology (US), OC Oerlikon Management AG (Switzerland), Mingrui Ceramic(China), DuPont (US), HOPE Microelectronics CO Ltd (Japan), HONEYWELL INTERNATIONAL INC (US), Shin-Etsu Chemical Co., Ltd. (China), Albemarle Corporation (US), Advanced Ceramics Association (US), Applied Ceramics (US), Materion Corporation (US)
|
|
Market Opportunities
|
|
Market Definition
Technical Ceramics are those ceramic products which has made for technical application. Technical ceramics, also known as engineering or high-performance. The material of these ceramics are inorganic which are formed by the combination of thermal and physical properties which makes them the right choice for applications where other materials fail. The technical ceramics has various application areas which has justified by the diversity of properties offered by materials used for parts manufacturing
Technical Ceramic Market Dynamics
Drivers
- Rise in demand due to alumina ceramics
The alumina ceramics which is the sub-segment of the oxide ceramic is expected to remain very beneficial during the forecast period, due to its better properties compared to other materials. Its properties include, high strength & hardness, and high wear resistance & corrosion resistance, temperature stability at high temperature.
- Rise in aging population and increasing chronic disease
The rapid increase of aging population and rising prevalence of chronic diseases globally are anticipated to rise the demand for medical implants, due to this increase the demand for technical ceramics from medical industry which will expected to increase the growth of the market.
- Increase the demand of dental ceramics in dentistry
Technical ceramics are used in a wide range of medical devices, such as lithotripters and ultrasonic cleaners and in dental ceramics in the field of dentistry. Furthermore, development in bio-ceramics, increasing use in dental applications are anticipated to propel the market growth.
Opportunities
- Rise in new technical processes
The wide use of coated machinery components, together with changing preference among customers to breakthroughs in deposition processes and technical coatings processes are anticipated to create new market opportunities for the products during forecast period
- Technological development
The replacement of chemotherapy with radioactive glass microspheres for liver biocompatible coatings, cancer patients, ceramic-based orthodontic braces, and advanced drug delivery systems for cardiovascular stents, composite layers for gene therapy and other implantable medical devices are some other rising applications of technical ceramics, which will act as market drivers and further increase useful opportunities for the market's growth rate.
Restraints/ Challenges
The technical ceramics market faces lots of challenges, one of which is the high machining price. The machining method in the pre-sintered stage is tough but essential to the manufacture of technical ceramics because it has high commercial value. Due to high machining prices the manufacturers will suffered with many problems in the technical ceramics industry and could also impact the future of the technical ceramics market. Theseare the major market restrains that will obstruct the market's growth rate.
This technical ceramic 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 technical ceramic 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 Technical Ceramic Market
Covid-19 pandemic has put severe pressures on supply chain dynamics and raw material sourcing. The market was negatively impacted by COVID-19 pandemic. However, in current months, policy makers have geared toward decreasing the impact on industry players which is looking for smart industrial technologies to attain agility. Companies are projected to give more attention towards ecological impacts of such formulations apart from their use in demanding applications. However, the market has now been projected to have reached pre-pandemic levels and is anticipated to raise steadily in the upcoming future.
Global Technical ceramic Market Scope
The technical ceramic market is segmented on the basis of material, products, application and end-user. The growth amongst these segments will help you analyze meagre 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
- Oxide Ceramics
- Alumina ceramics
- Titanate ceramics
- Zirconia ceramics
- Others
- Non-Oxide Ceramics
- Aluminum nitride
- Silicon nitride
- Silicon carbide
- Others
Product
- Monolithic Ceramics
- Ceramic Matrix Composites
- Ceramic Coatings
- Others
Application
- Electrical Equipment
- Catalyst Supports
- Electronic Devices
- Wear Parts
- Engine parts
- Filters
- Bioceramics
- Others
End-User
- Electrical and Electronics
- Automotive
- Machinery
- Environmental
- Medical
- Others
Technical Ceramic Market Regional Analysis/Insights
The technical ceramic market is analysed and market size insights and trends are provided by country, material, products, application and end-user as referenced above.
The countries covered in the technical ceramic 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, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the technical ceramic market in terms of revenue and market share during the forecast period. This is due to the growing demand for technical ceramic in this region. The Asia-Pacific region leads the technical ceramic market, with China leading the way in terms of the growth of the end-use industries along with growing expenditure of the customer and progress of the economy. China is leading the Asia-Pacific market.
During the projected period, North America is projected to be the fastest developing region due to the growing number of research activities along with expansion of new products in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact 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.
Competitive Landscape and Technical ceramic Market Share Analysis
The technical ceramic 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 technical ceramic market.
Some of the major players operating in the technical ceramic market are:
- CoorsTek, Inc. (U.S.)
- CeramTec GmbH (Germany)
- Kyocera Corporation (Japan)
- Morgan Advanced Materials (U.K.)
- Saint-Gobain (France)
- NGK SPARK PLUG CO., LTD (Japan)
- 3M (US)
- McDanel Advanced Ceramic Technologies (US)
- Rauschert GmbH (Germany)
- STC Superior Technical Ceramics (US)
- Elan Technology (US)]
- OC Oerlikon Management AG (Switzerland)
- Mingrui Ceramic (China)
- DuPont (US)
- HOPE Microelectronics CO Ltd. (Japan)
- HONEYWELL INTERNATIONAL INC (US)
- Shin-Etsu Chemical Co., Ltd. (China)
- Albemarle Corporation (US)
- Advanced Ceramics Association (US)
- Applied Ceramics (US)
- Materion Corporation (US)
SKU-