Report Explores the Global Advanced Ceramics Market Size, Demand, Growth, Analysis and Forecast to 2023

The latest report on Advanced Ceramics Market by Infinium Global Research gives complete coverage of the Advanced Ceramics Market by application (bioceramics, catalyst supports, electronic devices, engine parts, filters, wear parts), product type (ceramic coatings, monolithic ceramics and ceramic matrix composites), material(Alumina, Silicon, Titanate, Zirconia), and end-use(Chemical, Medical, Electrical, Transportation, Environmental) in terms of key trends, market size, forecast and CAGR growth over the period of 2017 to 2023. In addition, the study covers deep dive into key product and applications trends in the regional markets of Advanced Ceramics such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.

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The report defines an advanced ceramics market as the substances or processes used to develop and manufacture the ceramic materials that exhibit distinct properties. These ceramics have special properties, which offer a high-performance, economical alternative to conventional materials such as glass, metals and plastics. Alumina, zirconia, aluminium nitride, silicon nitride, silicon carbide, and titania-based materials are most commonly used advanced ceramics used in several applications. These applications include Bio-ceramics, Catalyst supports, Electronic devices, Engine parts, Filters, Wear parts and others.

The growing use of advanced ceramics in electronic devices is driving the growth of this market worldwide. The advanced ceramics are used to provide reliable operation in the electronics devices. In the electronics circuits, the traditional ceramics products are only used as electrical insulator. On the other hand, in the case of advanced ceramics, they exhibit semiconducting, superconducting, piezoelectric, and magnetic properties of the products. They also offer a cost-effective and high-performance alternative to traditional materials such as metals, plastics, and glass. Furthermore, growing usage of advanced ceramics in the medical, transportation, environmental, electrical & electronics, chemical, defense & security, and others are projected to create several growth opportunities in this market.

Market Segments

The global advanced ceramics market is segmented on the basis of application, product type, material, and end-use. By product type, the market is further divided into ceramic coatings, monolithic ceramics, and ceramic matrix composites. On the basis of material, the market categorized into ceramic coatings, monolithic ceramics, and ceramic matrix composites. Among these materials, the adoption of ceramic matrix composites is rising rapidly in the commercial and military applications owing to its lightweight, toughness, and ability to bear heavy loads. Thus this expected to boost the growth of advanced ceramics market in near future.

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Regional Analysis

The report of the global advanced ceramics market provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Among these geographies, Asia Pacific is the largest and fastest growing region in this market. Various factors contributing to the growth of Asia Pacific advanced ceramics market including rising consumer spending on electronics, viable manufacturing cost, and rapidly growing end-use industries. Furthermore, high economic growth in India and China is anticipated to serve several opportunities in this market.

Market Key Players

The report provides profiles of the companies in the global advanced ceramics market such as Ceradyne Inc.(3M), Elan Technology, Ortech Incorporated, Morgan Advanced Materials PLC, CoorsTek, DuPont, Honeywell, Saint Gobain, and Pall Corporation. The Mergers and Acquisitions to remain the key expansion strategies of the leading players in the advanced ceramics market.

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