Press release
Automotive Ceramics Worldwide Research Report 2020: Market Share, Trends, Forecast to 2027
According to AMR study, the industry is projected to generate a revenue of $3.1 billion by 2027 at a CAGR of 6.5% from 2020 to 2027. The market was valued at $1.9 billion in 2019. The industry has observed prominent growth due to stringent vehicle emission control regulations and the surge in demand for fuel-efficient vehicles & EVs. Furthermore, rapid advancements in engine technologies such as turbocharged engines and direct fuel injection systems have increased the demand for sensors made from ceramic materials. In addition, rise in demand for passenger and commercial vehicles is expected to create huge opportunities for the sector in the forthcoming years.
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/9011
Key questions covered in the report
What are the main growth drivers of the automotive ceramics market?
Which region is expected to have the fastest growth rate in the sector?
Which are the top companies operating in the industry?
What are the upcoming trends in the sector?
Latest advancements in the industry
The industry has experienced significant advancements in the last few years, emphasizing performance, durability, and application of ceramic materials used in the automotive industry. Some of the key developments in this field are as follows:
Enhanced Material Properties
Innovations in ceramic composites have led to the development of materials that combine high strength, toughness, and wear resistance. For instance, zirconia oxide ceramics are increasingly favored for demanding applications such as sensors and engine components due to their exceptional mechanical characteristics and thermal stability.
New ceramic coatings offer improved heat management capabilities. These coatings help reduce the temperature of exhaust system surface, enhancing overall vehicle performance and safety.
Get Detailed Impact Analysis on the Automotive Ceramics Market @ https://www.alliedmarketresearch.com/request-for-customization/9011
Manufacturing innovations
The adoption of advanced sintering processes has improved the efficiency of ceramic production. These techniques allow creation of lighter and stronger components while reducing manufacturing costs, making ceramics more accessible for various automotive applications.
The integration of additive manufacturing into ceramic production enables the fabrication of complex geometries that were previously difficult to achieve. This innovation allows customization and minimizes material waste, aligning with sustainability goals in automotive manufacturing.
Sustainability initiatives
Surge in emphasis on using sustainable materials in automotive ceramics has been witnessed, driven by regulatory pressures and consumer preferences. Many manufacturers explore ceramics derived from renewable sources or recycled materials to enhance eco-friendliness while maintaining performance standards.
Moreover, automotive ceramics play a key role in reducing harmful emissions through applications such as catalytic converters and diesel particulate filters. These components significantly lower pollutants emitted by vehicles, aligning with stringent environmental regulations.
Industrial snapshots
In May 2023, Ceramtec GmbH, a manufacturer and supplier of technical ceramics, introduced products such as Rubalit ZTA, which offers remarkable flexural strength and thermal conductivity, catering to the evolving needs of the automotive sector. Rubalit ZTA is a high-performance ceramic material that combines zirconia and alumina. It is mainly designed to meet the demanding requirements of the automotive sector, particularly in applications related to power production and electromobility.
Competitive Landscape
The AMR report delivers a comprehensive analysis of the market's competitive landscape utilizing scientific analytical tools, such as Porter's Five Forces framework. This study profiles key companies through primary research methodologies to provide an in-depth understanding of their market positions.
The major players highlighted in the report include:
STANFORD ADVANCED MATERIALS
COORSTEK INC.,
FERROTEC HOLDINGS CORPORATION,
VENATOR MATERIALS PLC
NORITAKE CO. LTD.,
ALMATIS GmbH,
COMPAGNIE DE SAINT-GOBAIN S.A.,
INTERNATIONAL SYALONS (NEWCASTLE) LIMITED
HOGANAS AB,
ELAN TECHNOLOGY
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/automotive-ceramics-market/purchase-options
In conclusion, the automotive ceramics industry report offers a thorough market analysis, equipping businesses with valuable insights to enhance their competitive advantage. The report empowers organizations to develop more effective strategies for success by emphasizing current trends and recent developments.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Ceramics Worldwide Research Report 2020: Market Share, Trends, Forecast to 2027 here
News-ID: 3948379 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for AMR
The 73rd AMR China International Auto Parts Exhibition
Exhibition Introduction
With the further recovery of the economy, consumer confidence has been boosted and gradually restored. China's automobile industry has shown strong resilience in the ever-changing market environment and ushered in an important period of opportunity for transformation, upgrading and high-quality development.
As a highly influential automotive aftermarket industry event in northern China, especially in the Beijing-Tianjin-Hebei region, the AMR China International Automotive Maintenance, Inspection and Diagnosis Equipment, Parts and Beauty…
Yeast Ingredients Market Booming $6.6Bn by 2032 | AMR
According to a new report published by Allied Market Research, titled, "Yeast Ingredients Market," The yeast ingredients market was valued at $2.9 billion in 2022, and is estimated to reach $6.6 billion by 2032, growing at a CAGR of 8.8% from 2023 to 2032.
𝐀𝐜𝐜𝐞𝐬𝐬 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/A323211
Yeast ingredients find extensive applications across diverse sectors including food & beverage, pharmaceuticals, and animal feed owing to their multifaceted properties. Despite…
Sustainability LIVE Dubai: Amr Kandil, Schneider Electric
Amr Kandil, MEA Director of Real Estate segment and New Energy Landscape at Schneider Electric to speak at Sustainability LIVE Dubai - 15 May 2024
Connecting the world's sustainability leaders, Sustainability LIVE will be returning in 2024 to bring the biggest global businesses together to deliver insightful keynotes, fireside chats, and panel discussions sharing valuable knowledge and real-world experiences.
The ultimate virtual event for sustainability and ESG leaders in the Middle East…
AGV & AMR in Logistics Market Automated Guided Vehicles (AGV) and Autonomous Mob …
The Report on "AGV & AMR in Logistics Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Growth of AGV & AMR in Logistics Market: The AGV & AMR in Logistics market is experiencing robust growth driven by the increasing need for automated and efficient material handling in logistics and warehousing. Market…
The Growing Importance of the Cephalosporin Market | By AMR
Allied Market Research recently said Cephalosporins are a group of antibiotics that have been widely used in the medical industry for over 50 years. They were first discovered in 1945 by Dr. Giuseppe Brotzu, an Italian scientist, and were initially used to treat staphylococcal infections. Today, cephalosporins are used to treat a wide range of bacterial infections and are considered one of the most important classes of antibiotics.
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞…
UGV Adoptions boost Global Autonomous Mobile Robots (AMR) Market
Inkwood Research expects the Global Autonomous Mobile Robots (AMR) Market to surge with a 21.31% CAGR during the forecast years between 2022 and 2030, generating $14473.73 million in revenue by 2030.
Browse 45 market Data Tables and 43 Figures spread over 224 Pages, along with an in-depth analysis of the Global Autonomous Mobile Robots (AMR) Market by Robot Type, End-User, & Geography.
This insightful market research report by Inkwood Research focuses on…
