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Electroceramics Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2025 | Key players are Coorstek Inc., Hitachi Metals America Ltd., Piezo technologies, Materion Corporation

12-05-2019 09:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

Electroceramics Market

Electroceramics Market

Based on application, electroceramics market is broadly classified into electronics, energy and power, automobile and others. The other applications include environment monitoring, aerospace & defense, etc. Piezoelectric ceramics are used to generate signals by the application of mechanical stress and this property makes them ideal to be used as sensors, actuators, sonar wave detectors, etc.

The product is also used in inkjet printers to control the flow of inks, in loudspeakers to convert voltage into mechanical movement as fuel injectors in diesel engines and in thermal imaging equipments. Electroceramics are also used as detectors for IR radiations through gas samples. Stringent environmental norms make the usage of pollution control devices in industries mandatory and this will drive the industry size subsequently by 2025.

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Global Electroceramics Market size is witnessing a decent growth from the past few years and is expected to follow the similar trend over the forecast spell. These products are also called as advanced ceramic materials which find major applications in electrical, optical and electromagnetic applications.

Increase in demand of automobiles and consumer electronic products in the Asia Pacific region due to increase in disposable income coupled with population growth will drive the electroceramics market demand in forecast timeframe. This is all owing to significant usage of the product in automotive and electronic items as a key part of sensors, capacitors, etc. as it holds excellent thermal and electrical resistant features.

Reasons to Buy This Report:

1. Electroceramics Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Key Electroceramics Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles

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The prominent players in electroceramics market are Coorstek Inc., Hitachi Metals America Ltd., Piezo technologies, Materion Corporation, Annon Piezo Technology Co. Limited, Harris Corporation, Morgan Advanced Materials, Ceradyne Inc., Dexter Magnetic Technologies Inc., Accuratus Corporation, Keltron Electro Ceramics Ltd., Rubicon Technology, APC International Ltd., Advanced Abrasives, Kyocera Corporation, Maruwa Co. Ltd.

Most of the companies are engaged in the expansion of product range and line as well as expansion in emerging markets through acquisitions, associations and mergers. For instance, in 2014, CoorsTek Inc. started its new subsidiary CoorsTek Medical LLC exclusively to cater the medical industry need which will provide high-performance engineered ceramic products and components to medical industry utilizing its prior experience in this field.

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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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