Press release
Global Automotive Ceramic Market is forecasted to grow at a CAGR of 8.52% during 2017 to 2022
Automotive ceramics are advanced structural ceramic materials that are used for manufacturing components for automobiles. Components made by using automotive ceramics include spark plug insulators, sensors of various kinds, and supports for catalytic converters. Ceramics possess excellent properties; therefore, they are favored by most manufacturers of automobile components. Major properties include high melting point, low electrical and thermal conductivity, high durability, and hardness and strength. In the field of automotive, ceramic materials support various important tasks to meet the new challenges faced by the automotive industry.
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Among the segments, the market is expected to be driven by ceramic engine accessories on account of increasing government regulations concerning vehicle emission. Ceramic sensors are also anticipated to witness ample growth, owing to the technological advancements leading to higher adoption rates.
While developed regions will continue to dominate the market in terms of revenue, emerging nations are expected to respond to the market optimistically due to increasing number of vehicle production in the region coupled with increasing government norms concerning air pollution.
Global Automotive Ceramic Market is forecasted to grow at a CAGR of 8.52% during 2017 2022F, on account of rising environmental awareness among the population.
North America region remains the major market among all the regions. In the forecast period, APAC region will witness strong growth driven by the countries such as Japan, India and China.
According to Azoth Analytics research report, Global Automotive Ceramics Market Sizing, Growth, Application (Ceramic Sensors, Engine Accessories, Ceramic Coatings): Analysis and Outlook (2017-2022), Global Automotive Ceramics market is projected to exhibit a CAGR of over ~8.52% during 2017 - 2022. On the basis of market segment, Global Automotive Ceramics Market has been segmented By Applications (Ceramic Sensors, Ceramic Engine Accessories, Ceramic Coatings and Others); By Region (North America, Europe, APAC, and ROW) and By Country (U.S., Canada, UK, Germany, China, Japan, India)
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Scope of the Report
Global Market (Actual Period: 2012-2016, Forecast Period: 2017-2022)
Automotive Ceramics Market
Ceramic Sensors
Ceramic Engine Accessories
Ceramic Coatings
Regional Markets N. America, Europe, APAC, RoW (Actual Period: 2012-2016, Forecast Period: 2017-2022)
Automotive Ceramics Market
Ceramic Sensors
Ceramic Engine Accessories
Ceramic Coatings
Other Report Highlights:
Market Dynamics Trends, Drivers, Challenges
Policy and Regulation
Company Analysis - Morgan Advanced Materials, Kyocera, CeramTec, IBIDEN CO., Ltd., Corning Inc., CoorsTek Solutions, Ceradyne Inc., Saint Gobain Ceramic Materials, McDanel Advanced Ceramic Technologies, Dyson Technical Ceramic Ltd., Elan Technology
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