Press release
Automotive Ceramics Market Set for Rapid Growth During 2020-2025
Stratview Research has announced a new report on the Automotive Ceramics Market. According to the report, the market size is likely to witness an impressive CAGR of 5.5% during the forecast period. Automotive ceramic products are lighter in weight, more durable, and offer better corrosion-resistance properties in comparison with traditional materials such as metals and plastics. This factor is serving as a catalyst towards the wide adoption of ceramic materials in a wide array of applications in the automotive industry.Market Segmentation
The Automotive Ceramics Market is segmented by Material Type (Alumina Oxide Ceramics, Titanate Oxide Ceramics, Zirconia Oxide Ceramics, and Others), by Application Type (Automotive Engine Parts, Automotive Exhaust Systems, Automotive Electronics, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
According to the report, the market is segmented as alumina oxide ceramics, titanate oxide ceramics, zirconia oxide ceramics, and others. The zirconia oxide ceramics segment is estimated to register the highest growth during the forecast period. In automotive applications where superior properties are required, there, zirconia oxide ceramics are considered as they bear very high resistance to propagation. Zirconia oxide ceramics are known for their properties such as high density, high fracture toughness, high flexural strength, and high chemical resistance owing to which they are extensively employed in the automotive applications.
Based on the application type, the market is segmented as automotive engine parts, automotive exhaust systems, automotive electronics, and others. It is estimated that the automotive engine parts segment will lead the market during the forecast period. Extensive use of automotive ceramics in the manufacturing of spark plugs, glow plugs, high pressure pumps, electronic fuel pumps, valves, sealing & insulation rings, and other automotive applications is the major factor behind the dominance of automotive engine parts.
In terms of regions, Asia-Pacific dominated the automotive ceramics market and is also expected to witness the highest growth during the forecast period. Asia-Pacific is the largest automotive market owing to significant economic development in the region, huge consumer base, increasing disposable income of consumers, and presence of key automotive OEMs, tier players, and ceramic material suppliers. China, South Korea, and Japan are the growth engines of the automotive ceramics market in the region.
How stakeholders can benefit from this report –
This report covers a thorough analysis of the following segments:
- Automotive Ceramics Market Dynamics.
- Market Size and forecast from 2020 till 2025.
- Supply & Demand Value Chain.
- Automotive Ceramics Market Current Trends/Issues/Challenges.
- Competition & Companies involved.
- Effecting Technology.
- Automotive Ceramics Market Drivers and Restraints.
Research Methodology
The report provides a thorough analysis that reflects today’s Automotive Ceramics Market realities and future market possibilities. The information provided in the report can play a crucial role for the users as well as investors, or those who are planning to step into the industry, in formulating the growth strategies to expedite their growth process.
Experts at Stratview have compiled this report after following a detailed research methodology comprising secondary research, and primary interviews with industry stakeholders. Several authenticated sources such as company annual reports, fact books, press releases, white papers, and articles have been leveraged to gather the data.
Key Players
The following are the key players in the Automotive Ceramics Market.
• Kyocera CorporationCeramTec
• NGK Spark Plug Co., Ltd.
• CoorsTek, Inc.
• Saint-Gobain Ceramics Materials
• Ceradyne Inc.
• Mcdanel Advanced Ceramic Technologies LLC
• Dyson Technical Ceramics Ltd.
• International Syalons (Newcastle) Limited
• Inmatec Technologies GmbH
• Blasch Precision Ceramics, Inc.
• Applied Ceramics, Inc.
• Ortech Advanced Ceramics
• Vinayak Techno Ceramics
Read More : https://www.stratviewresearch.com/636/automotive-ceramics-market.html
Report Customization Options
With this detailed report, Stratview Research also offers one of the following (complementary) customization options to our valued clients:
- Company Profiling -Detailed profiling of additional market players (up to three players)
- Competitive Benchmarking - Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
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Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement or any further query related to the report, please send your inquiries to sales@stratviewresearch.com. You may also connect with our market experts at +1-313-307-4176.
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