Advanced Ceramics Market

Introduction of the Global Advanced Ceramics Market Report

Ceramics refers to the inorganic non-metallic solids that are prepared using powdered materials and are fabricated into products through the application of heat. They offer benefits such as hardness, strength, low electrical conductivity, and brittleness. Advanced ceramics are different from traditional ceramics which include brick and porcelain as they have more strength, higher operating temperatures, enhanced toughness, and other features. The global advanced ceramics market covers a range of materials such as alumina ceramics, titanate ceramics, silicon carbide, zirconia ceramics, among others.

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Market Dynamic

Key Drivers and Emerging Trends

One of the biggest factors that is propelling the growth of the global advanced ceramics industry include the strong demand from end-use sectors including renewable energy, medical, among others. The advanced ceramics is considered as an ideal material to play the role of the carrier that holds and transports blood in diagnostic equipment due to its biocompatibility. Moreover, the rising demand for clean technology is further surging the market growth. For instance, solid oxide fuel cells are made from advanced ceramics. In the U.S., the advanced ceramics market is driven by the strong demand from the electronics sector, where advanced ceramics is used in different applications such as in-circuit carriers, substrates, and other materials.

Ongoing advancements in electronic industry and the rising demand for modern consumer electronics appliances is further surging the demand for advanced ceramics. For example, greater wear resistance, high pressure and temperature resistance, and compressive strength are some of the resistance features of advanced ceramics, which are encouraging the users to opt for this type of ceramics. Furthermore, the growing usage in photovoltaic modules wind turbines, and pollution control applications, along with the rising use of silicon carbide (SiC) and gallium nitride (GaN) are further surging the growth of the advanced ceramics market size over the coming years.

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Material – Segment Analysis

Based on the material, the alumina ceramics is projected to grow at a higher CAGR during the forecast period. The excellent properties of this material including high heat resistance, high thermal conductivity, high corrosion resistance, and other features, are encouraging the end-users to opt for this material. In addition to this, its increasing applications in semiconductor equipment, wafer transfer parts, and heat resistance & electrical insulation parts is further surging the growth of the market. On the other hand, zirconia ceramics is projected to dominate the market during the forecast period. The dielectric and ferroelectric features of this material is contributing to the growth. Furthermore, its ability to bear mechanical strength and high electrical voltage in actuators, FRAM chips, and capacitors is further driving the segment growth.

End-Use Industry – Segment Analysis

Based on the end-use industry, the electrical & electronics is predicted to grow at a higher CAGR during the forecast period. This is mainly attributed to its increasing application, such as in power electronics, electronic sensors, and wafer production. Moreover, the increasing demand for electrical equipment and electronic devices is further driving the segment growth. On the other hand, the environment is projected to dominate the market during the forecast period. Various features of advanced ceramics including its environment-friendly nature, is boosting the growth of the market during the forecast period. For instance, its ability to resist high-temperature range has surged the demand for solar energy conversion, Photovoltaic (PV), and other power plants’ engine systems.

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Regional – Segment Analysis:

Based on the region, Asia-Pacific is expected to grow at a higher CAGR during the forecast period. The rising investments in the manufacturing industry, especially in developing countries such as China, India, and Japan, is increasing the growth of the regional market. As per IBEF, India’s manufacturing sector has emerged as one of the high growth sectors, with the gross value added (GVA)of the sector is predicted to be USD 397.1 billion for FY 2020. Moreover, Japan is a leading country for the production of video cameras, compact discs, photocopies, fax machines, cell phones, and various other computer components. The government of Japan has approved the growth strategy, known as “Rebirth Strategy for Japan”, which focuses on the expansion of the manufacturing industry. Additionally, the growing emphasis on the medical sector will surge the demand for medical devices, thus boosting the requirement for advanced ceramics and boosting the market’s growth.

Top Market Players

Some of the leading players operating in the market include KYOCERA Corporation, CeramTec GmbH, CoorsTek Inc., Saint-Gobain, Morgan Advanced Materials plc, Ceradyne Manufacturing, Advanced Ceramic Manufacturing, Blasch Precision Ceramics Inc., McDanel Advanced Ceramic Technologies, and Rauschert GmbH, among others.

Segments covered in the Report:

The global advanced ceramics market has been segmented on the basis of material, end-use industry, and regions. Based on Material, the market is segmented into alumina ceramics, titanate ceramics, zirconia ceramics, silicon carbide, and others. Based on End-Use Industry, the market is segmented into electrical & electronics, transportation, medical, defense & security, environmental, chemical, and others. 

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Key questions answered in this research report:

• • At what pace is the global advanced ceramics market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global advanced ceramics market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global advanced ceramics market?
  • Which material generated maximum revenues in 2019 and identify the most promising material during the forecast period?
  • What are the various end-use industry areas of the global advanced ceramics market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Material, By End-Use Industry, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	KYOCERA Corporation, CeramTec GmbH, CoorsTek Inc., Saint-Gobain, Morgan Advanced Materials plc, Ceradyne Manufacturing, Advanced Ceramic Manufacturing, Blasch Precision Ceramics Inc., McDanel Advanced Ceramic Technologies, and Rauschert GmbH, among others; a total of 10 companies covered
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Advanced Ceramics Market by Material

• • Alumina Ceramics
  • Titanate Ceramics
  • Zirconia Ceramics
  • Silicon Carbide
  • Others

Global Advanced Ceramics Market by End-Use Industry

• • Electrical & Electronics
  • Transportation
  • Medical
  • Defense & Security
  • Environmental
  • Chemical
  • Others

Global Advanced Ceramics Market by Region

• • North America Advanced Ceramics Market (Option 1: As a part of the free 25% customization)
    • North America Advanced Ceramics Market by Material
    • North America Advanced Ceramics Market by End-Use Industry
    • US Advanced Ceramics Market All-Up
    • Canada Advanced Ceramics Market All-Up
  • Europe Advanced Ceramics Market (Option 2: As a part of the free 25% customization)
    • Europe Advanced Ceramics Market by Material
    • Europe Advanced Ceramics Market by End-Use Industry
    • UK Advanced Ceramics Market All-Up
    • Germany Advanced Ceramics Market All-Up
    • France Advanced Ceramics Market All-Up
    • Spain Advanced Ceramics Market All-Up
    • Rest of Europe Advanced Ceramics Market All-Up
  • Asia-Pacific Advanced Ceramics Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Advanced Ceramics Market by Material
    • Asia-Pacific Advanced Ceramics Market by End-Use Industry
    • China Advanced Ceramics Market All-Up
    • India Advanced Ceramics Market All-Up
    • Japan Advanced Ceramics Market All-Up
    • Rest of APAC Advanced Ceramics Market All-Up
  • RoW Advanced Ceramics Market (Option 4: As a part of the free 25% customization)
    • RoW Advanced Ceramics Market by Material
    • RoW Advanced Ceramics Market by End-Use Industry
    • Brazil Advanced Ceramics Market All-Up
    • South Africa Advanced Ceramics Market All-Up
    • Saudi Arabia Advanced Ceramics Market All-Up
    • UAE Advanced Ceramics Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Advanced Ceramics Market All-Up

Major Players Operating in the Global Advanced Ceramics Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • KYOCERA Corporation
  • CeramTec GmbH
  • CoorsTek Inc.
  • Saint-Gobain
  • Morgan Advanced Materials plc
  • Ceradyne Manufacturing
  • Advanced Ceramic Manufacturing
  • Blasch Precision Ceramics Inc.
  • McDanel Advanced Ceramic Technologies
  • Rauschert GmbH