Press release
North American Automotive Ceramics Market Growth, Size, Share, Industry Report and Forecast 2020-2026
North American automotive ceramics market is estimated to grow at a CAGR of 5.2% during the forecast period. The growing automotive industry is the major factor contributing to the growth of the market. As per the International Trade Administration, the US has one of the largest automotive markets across the globe. Overall, in 2018, the US was the second-largest market globally for vehicle sales and production. In addition, several automakers have US-based engine and transmission plants. These automakers perform R&D, design, and testing in the US.?In 2018, total foreign direct investment in the US automotive industry reached $114.6 billion.To Request a Sample of our Report on North American Automotive Ceramics Market: https://www.omrglobal.com/request-sample/north-american-automotive-ceramics-market
General Motors, FCA US, and Ford produce a large number of their vehicles, purchase more of their parts, and perform a large amount of their R&D in the US compared to their competitors. Therefore, they operate three out of five American auto assembly plants. This leads to the adoption of ceramics in exhaust systems, brake systems, and other automotive components. Ceramic filters keep costs low, provide fine filtration of particles, easy to mass-produce, and are extremely durable. Therefore, it is being significantly used in diesel exhaust systems.
Additionally, rising electric vehicle (EV) production is encouraging the demand for ceramic materials. The ceramic electrolyte in lithium-ion batteries (used in electric vehicles) provides superior performance and prevents the formation of the dendrite. Ceramic materials are also used in EV electronics and subsystems coupled with their easy surface mount form, tiny size, and high-temperature rating factor.
Scope of the North American Automotive Ceramics Market
Market Coverage
· The market number available for 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segment Covered- By Material and Application
· Countries Covered- US and Canada
· Competitive Landscape- Kyocera Corp., Ortech, Inc., 3M Co., CoorsTek Inc., and Morgan Advanced Materials plc
Key Development in the North American Automotive Ceramics Market
· In November 2019, 3M introduced the new Automotive Window Film Ceramic IR Series. Nano-ceramic technology was used to develop this series that offers an extreme level of infrared heat rejection and restrict interference with electronics. It is designed to offer style and comfort with an attractive neutral color. Apart from comfort and visibility benefits, the series blocks up to 99.9% of ultraviolet (UV) light and offers a total sun protection factor (SPF) up to 1000+. The Ceramic IR Series is developed with a metal-free design to eliminate the risk of interference with electronics, including satellite radio, GPS, or mobile devices, including 5G.
Key questions addressed by the report
· What is the market growth rate?
· Which segment dominates the market in the base year?
· Which segment will project the fastest growth in the market?
· How COVID-19 impacted the market?
· Recovery Timeline
· Deviation from the pre-COVID forecast
· Most affected country/segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
(Get 15% Discount on Buying this Report)
A full Report of North American Automotive Ceramics Market is Available at: https://www.omrglobal.com/industry-reports/north-american-automotive-ceramics-market
North American Automotive Ceramics Market-Segmentation
By Material
· Alumina Oxide Ceramics
· Zirconia Oxide Ceramics
· Others
By Application
· Automotive Engine Parts
· Automotive Electronics
· Automotive Exhaust Systems
· Others
North American Automotive Ceramics Market– Segment by Country
· US
· Canada
Company Profiles
· 3M Co.
· Applied Ceramics, Inc.
· Blasch Precision Ceramics, Inc.
· CoorsTek, Inc.
· Corning, Inc.
· Dorman Products
· Elan Technology, Inc. (ET)
· Kyocera Corp.
· McDanel Advanced Ceramic Technologies, LLC
· Morgan Advanced Materials plc
· Ortech, Inc.
Reasons to buy from us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-automotive-ceramics-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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