Rising demand from electrical and electronics, medical, and automotive industries and government regulations are the major factors influencing market growth.
Market Size – USD 72.79 Billion in 2018, Market Growth - CAGR of 8.6%, Market Trends –
High performing capability of the product and increased demand from various industries are responsible for the growth opportunities of the global market.
The global Advanced Ceramics Market is estimated to reach USD 146.12 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the increasing use of advanced ceramics in several end-user industries such as electronic and electrical, medical, and machinery industries. The market for advanced ceramics are adopted at a rapid rate as an alternative to plastics and metals, due to the increasing awareness regarding the eco-friendly advantages such as durability, biodegradability, and extensive tensile strength. The growth in various end-use products’ demand & industrial development are vital factors promoting the need for advanced ceramics, which is, propelling the overall growth of the market globally.
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The rapid use of coated machinery components has shifted the inclination of the consumers to advanced coatings, and the technological improvements in deposition processes are anticipated to bring new market opportunities.
APAC accounts for the largest market share of 33.70% in 2018 and is anticipated to grow at a CAGR of 8.5% over the forecast period owing to accelerated industrialization in these regions. The growth of the main end-use industries such as the infrastructure/construction sectors mainly in Asian countries such as India and China are expected to encourage the advanced ceramics market. Moreover, higher adoption and improved technological innovations for the use of advanced ceramics in nanotechnologies, in wind turbines and other pollution control purposes is anticipated to increase the market for advanced ceramics in the region.
Further key findings from the report suggest
• Advanced ceramics are primarily used in the manufacturing of electronic and electrical equipment owing to their substantial electrical conductivity and high acid resistance. Increasing demand for consumer electronics, particularly in APAC countries such as China and India, is presumed to impact positively on industry growth over the forecast period.
• Titanite market of the material segment is valued at USD 21.32 billion in 2018 and is estimated to reach USD 42.81 billion by 2026, at a CAGR of 8.6%. Titanite or aluminum titanite possesses the most active thermal shock resistance in the material segment. Product made of this material tends to endure under high temperatures of various hundred degrees.
• The bioceramics market of the application segment is valued at USD 13.10 billion in 2018 and is estimated to reach USD 26.30 billion by 2026 at a CAGR of 8.6% during the forecast period. They are inert materials and possess exceptional strength and wear resistance. Therefore, they are widely utilized in surgical implants like dental and bone. Commonly used materials in this section include aluminum oxide and zirconia oxide. These are mainly used in the manufacturing of dental and orthopedic implants.
• The environmental market of the End-use segment is projected to grow at the highest CAGR of 8.7% during the forecast period. Advanced ceramics have high resistance capability even at temperatures over 1000°C. Therefore, they are suitable for use in solar energy conversion, photovoltaics, and other power plant engine systems. Furthermore, they have excellent resistance to acid thermal shocks, attacks, and wear. Therefore, they are widely used in environmental technologies like water treatment and processing.
• Key participants include Saint-Gobain Ceramic Materials , Asahi Glass Co., Corning Inc., Advanced Ceramic Manufacturing, LLC., Kyocera Corporation., Coorstek Inc., Ceramtec GmbH, Morgan Advanced Materials PLC, Morimura Group, Rauschert Steinbach GmbH
Make an inquiry before buying this report at: https://www.reportsanddata.com/make-enquiry-form/1263
For the purpose of this report, Reports and Data have segmented global Advanced Ceramics Market on the basis of Type, Material, End Users, Application and region:
Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• Monolithic ceramics
• Ceramic coatings
• Ceramic matrix composites
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• Electrical equipment
• Electronic devices
• Wear parts
• Bioceramics
• Others
Material Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• Alumina
• Titanate
• Zirconate
• Aluminum nitride
• Silicon carbide
• Others
End User Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• Electrical & electronics
• Automotive
• Environmental
• Medical
• Others
Regional Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• North America
o U.S.
• Europe
o Germany
o UK
• Asia Pacific
o China
o India
o South-east Asia
• Latin America
o Brazil
• MEA
To identify the key trends in the industry, click on the link below:https://www.reportsanddata.com/report-detail/advanced-ceramics-market
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Reports and Data | Web: www.reportsanddata.com
News: www.reportsanddata.com/market-news
Market Size – USD 72.79 Billion in 2018, Market Growth - CAGR of 8.6%, Market Trends –
High performing capability of the product and increased demand from various industries are responsible for the growth opportunities of the global market.
The global Advanced Ceramics Market is estimated to reach USD 146.12 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the increasing use of advanced ceramics in several end-user industries such as electronic and electrical, medical, and machinery industries. The market for advanced ceramics are adopted at a rapid rate as an alternative to plastics and metals, due to the increasing awareness regarding the eco-friendly advantages such as durability, biodegradability, and extensive tensile strength. The growth in various end-use products’ demand & industrial development are vital factors promoting the need for advanced ceramics, which is, propelling the overall growth of the market globally.
Request for FREE sample copy of this report at: https://www.reportsanddata.com/sample-enquiry-form/1263
The rapid use of coated machinery components has shifted the inclination of the consumers to advanced coatings, and the technological improvements in deposition processes are anticipated to bring new market opportunities.
APAC accounts for the largest market share of 33.70% in 2018 and is anticipated to grow at a CAGR of 8.5% over the forecast period owing to accelerated industrialization in these regions. The growth of the main end-use industries such as the infrastructure/construction sectors mainly in Asian countries such as India and China are expected to encourage the advanced ceramics market. Moreover, higher adoption and improved technological innovations for the use of advanced ceramics in nanotechnologies, in wind turbines and other pollution control purposes is anticipated to increase the market for advanced ceramics in the region.
Further key findings from the report suggest
• Advanced ceramics are primarily used in the manufacturing of electronic and electrical equipment owing to their substantial electrical conductivity and high acid resistance. Increasing demand for consumer electronics, particularly in APAC countries such as China and India, is presumed to impact positively on industry growth over the forecast period.
• Titanite market of the material segment is valued at USD 21.32 billion in 2018 and is estimated to reach USD 42.81 billion by 2026, at a CAGR of 8.6%. Titanite or aluminum titanite possesses the most active thermal shock resistance in the material segment. Product made of this material tends to endure under high temperatures of various hundred degrees.
• The bioceramics market of the application segment is valued at USD 13.10 billion in 2018 and is estimated to reach USD 26.30 billion by 2026 at a CAGR of 8.6% during the forecast period. They are inert materials and possess exceptional strength and wear resistance. Therefore, they are widely utilized in surgical implants like dental and bone. Commonly used materials in this section include aluminum oxide and zirconia oxide. These are mainly used in the manufacturing of dental and orthopedic implants.
• The environmental market of the End-use segment is projected to grow at the highest CAGR of 8.7% during the forecast period. Advanced ceramics have high resistance capability even at temperatures over 1000°C. Therefore, they are suitable for use in solar energy conversion, photovoltaics, and other power plant engine systems. Furthermore, they have excellent resistance to acid thermal shocks, attacks, and wear. Therefore, they are widely used in environmental technologies like water treatment and processing.
• Key participants include Saint-Gobain Ceramic Materials , Asahi Glass Co., Corning Inc., Advanced Ceramic Manufacturing, LLC., Kyocera Corporation., Coorstek Inc., Ceramtec GmbH, Morgan Advanced Materials PLC, Morimura Group, Rauschert Steinbach GmbH
Make an inquiry before buying this report at: https://www.reportsanddata.com/make-enquiry-form/1263
For the purpose of this report, Reports and Data have segmented global Advanced Ceramics Market on the basis of Type, Material, End Users, Application and region:
Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• Monolithic ceramics
• Ceramic coatings
• Ceramic matrix composites
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• Electrical equipment
• Electronic devices
• Wear parts
• Bioceramics
• Others
Material Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• Alumina
• Titanate
• Zirconate
• Aluminum nitride
• Silicon carbide
• Others
End User Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• Electrical & electronics
• Automotive
• Environmental
• Medical
• Others
Regional Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
• North America
o U.S.
• Europe
o Germany
o UK
• Asia Pacific
o China
o India
o South-east Asia
• Latin America
o Brazil
• MEA
To identify the key trends in the industry, click on the link below:https://www.reportsanddata.com/report-detail/advanced-ceramics-market
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Reports and Data | Web: www.reportsanddata.com
News: www.reportsanddata.com/market-news
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