Press release
Advanced Ceramics Market to Reach USD 15.56 Bn by 2029, emerging at a CAGR of 5.2 percent and forecast 2023-2029
Advanced Ceramics Market Report Scope:The advanced ceramics market is poised for significant growth, primarily driven by surging demand from the automotive and medical industries. In the automotive sector, these ceramics find substantial use in battery components due to their remarkable thermal and electrical properties. Zirconia ceramics, renowned for their beneficial biological, physical, and aesthetic features, are extensively used in the medical sector. The increased demand for implant abutments, artificial bones, and endosseous implants is expected to further boost the advanced ceramics market. Recent developments, such as CeramTec's ceramic power module for e-mobility systems, CoorsTek's new production facility in Southeast Asia, and ongoing advancements in research and development, are broadening the application possibilities for advanced ceramics and benefiting leading manufacturers.
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Advanced Ceramics Market Research Methodology:
Maximize's report is meticulously crafted using a comprehensive research methodology that leverages both primary and secondary data sources. Primary sources entail interviews with industry experts, CEOs, vice presidents, marketing directors, technology and innovation directors, and executives from major organizations actively participating in the advanced ceramics market. These primary interviews encompass insights from both the supply and demand sides. The data collection process utilizes secondary sources such as annual reports, press releases, investor presentations, white papers, articles authored by industry experts, websites, directories, and databases. The report employs various analytical tools, including value chain analysis, PESTLE analysis, and the PORTER'S Five Forces model, to provide an in-depth understanding of market dynamics.
What are Advanced Ceramics Market Dynamics:
The report highlights the growing need for advanced ceramics in a digital age characterized by the proliferation of data and social media content. The adoption of account-based marketing (ABM) has brought innovation to the B2B marketing landscape, enabling businesses to harness innovative strategies for strategic client engagement. The role of advanced ceramics in increasing the long-term value of customers, particularly in scenarios involving modest initial sales, is a pivotal driver. ABM is credited with reducing the acquisition of irrelevant leads, thereby optimizing return on investment. This is considered a significant global driver of the advanced ceramics market. The seamless integration of advanced ceramics technology, including fiber reinforcement and additional duct binders, has a profound impact on the year-on-year growth of the global market.
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What is Advanced Ceramics Market Segmentation:
by Material
1. Alumina
2. Titanate
3. Zirconate
4. Ferrite
5. Aluminum Nitride
6. Silicon Carbide
7. Silicon Nitride
by Product
1. Monolithic
2. Ceramic Coatings
3. Ceramic Matrix Composites (CMCs)
by Application
1. Electric Equipment
2. Catalyst Supports
3. Electronic Devices
4. Wear Parts
5. Engine Parts
6. Filters
7. Bioceramic
8. Others
by End-Use
1. Electric & Electronics
2. Automotive
3. Machinery
4. Environmental
5. Medical
6. Others
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Who are Advanced Ceramics Market Key Players:
1. Morgan Advanced Materials (UK)
2. International Syalons(UK)
3. 3M (US)
4. Nishimura Advanced Ceramics Co., Ltd.(US)
5. Ortech Advanced Ceramics(US)
6. COI Ceramics, Inc.(US)
7. Elan Technology(US)
8. CoorsTek Inc.(US)
9. Advanced Ceramics Manufacturing(US)
10.Saint-Gobain Ceramic Materials(US)
11. S&S Advance Ceramics(US)
12. Momentive Technologies(US)
13. STC Superior Technical Ceramics(US)
14. Technocera(India)
15. Murata Manufacturing Co., Ltd.(Japan)
16. AGC Ceramics Co., Ltd(Japan)
17. Maruwa(Japan)
18. KYOCERA Corporation(Japan)
19. Paul Rauschert GmbH & Co. Kg.(Germany)
20. CeramTec GmbH (Germany)
21. BCE Special Ceramics GmbH(Germany)
22. Bakony Technical Ceramics(Hungary)
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Table of content for the Advanced Ceramics Market includes:
Advanced Ceramics Market: Research Methodology
Advanced Ceramics Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Advanced Ceramics Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Advanced Ceramics Market Regional Insights:
Asia Pacific: Dominated the advanced ceramics market in 2022, holding over 36.5% of the market share. The region is expected to maintain its leadership during the forecast period. Growing investments in the electric vehicle (EV), medical, and electronics sectors are anticipated to drive the growth of the advanced ceramics market in Asia Pacific. The region is witnessing substantial developments, such as the construction of seven factories at the Medical Devices Park in Telangana, India, with an investment of INR 265 crore (approximately USD 34.6 million). Japan, known for its advanced electrical and electronics sector, is a key player in the global aerospace and automobile industries.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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