Ceramic Core Market is Forecasted to Reach US$ 710.7 Million in 2032, Says Stratview Research

The global ceramic core market size was valued at US$ 553.5 million in 2024 and is projected to reach US$ 710.7 million by 2032, witnessing a market growth CAGR of 2.8% from 2025 to 2032, according to an analysis by Stratview Research.

Stratview Research, a global market research firm, has launched a report on the global ceramic core market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Market Statistics:
Market Size in 2024: US$ 553.5 million
Market Size in 2032: US$ 710.7 million
Growth (CAGR): 2.8% during 2025-2032
Cumulative Sales Opportunity 2025 to 2032: US$ 5348.48 million
Leading Product Type: SiO2-Al2O3
Leading Sourcing Type: Outsourcing
Leading Application Type: Airfoils
Leading Industry Type: Aerospace & Defense
Leading Region: North America
Forecast Period: 2025-2032
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Ceramic Core Market:
The global ceramic core market is segmented based on product type, sourcing type, application type, industry type, and region.

Based on product type -
· The ceramic core market is segmented into SiO2-ZrSiO4, SiO2-Al2O3, and others.
· Among these product types, SiO2-Al2O3 is expected to remain the biggest product category in the coming years owing to its excellent resistance to high temperatures and stresses, which makes it suitable for applications, particularly where ceramic cores are exposed to extreme heat during the investment casting process.
· Concurrently, SiO2-ZrSiO4 is preferred for high-performance applications, such as creating internal cavities and passageways within the cast components during the production of complex and high-precision components such as turbine blades and vanes. As a result, it is anticipated to witness the fastest growth in the market during the forecast period.

Based on sourcing type -
· The market is segmented into in-house and outsourcing.
· Outsourcing dominates the market during the forecast period. Outsourcing can offer several advantages, such as cost savings, reduced capital investment in equipment and facilities, and access to expert knowledge and technology. This allows the company to focus on its core competencies while relying on the expertise of the outsourcing partner to provide high-quality ceramic cores.
· As a result, outsourcing is predicted to remain the larger and faster growing in the market over the next five years. On the other hand, major companies in the investment casting business, such as Howmet Aerospace Inc. and PCC Airfoils LLC, have in-house ceramic core manufacturing capabilities.

Based on industry type -
· The ceramic core market is segmented into aerospace & defense, industrial gas turbines, and others.
· Among these industry types, aerospace & defense is likely to remain the largest as well as the fastest-growing market category during the forecast period. In aerospace & defense, these cores are crucial and are commonly used in investment casting processes for manufacturing complex and high-temperature-resistant components, such as turbine blades, vanes, and other critical components. The ceramic core is used to create intricate internal geometries in these parts.

Which region shows the most promising growth forecast and opportunity?
The analysis suggests that North America is expected to remain the largest market for ceramic cores during the forecast period. This growth outlook is mainly attributed to the following:
- With the USA offering lucrative growth opportunities. The country boasts a robust aerospace & defense industry, where ceramic cores are extensively used in the manufacturing of critical components like turbine blades and vanes.
- In addition, the country is home to a large number of industry stakeholders, including leading market players, such as Morgan Advanced Materials, CoorsTek, Inc., Howmet Aerospace, Inc., and PCC Airfoils, LLC. The region is also the preferred manufacturing base of aerospace and industrial gas turbine manufacturers and their tier players, including raw material suppliers.
On the contrary, Asia-Pacific is likely to be the fastest-growing region during 2023-2028, with China, Japan, and India being the major contributors. China, in particular, is likely to maintain its growth momentum in the coming years, owing to the flourishing local aerospace supply chain and the evolving presence of local players in the country.

Ceramic Core Market Drivers:
Some of the key drivers listed in the report are given below.
- An increase in the manufacturing of aircraft engines, an expected growth in the production rate of key programs (A320neo, B737 Max, A220, B787, and A350XWB), and the introduction of new aircraft programs (C919, MC-21, B777x, etc.).

Competitive Landscape: Top Companies in the Ceramic Core Market:
The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:
- Avignon Ceramic SAS
- Capital Injection Ceramics Limited
- CeramTech GmbH
- CoorsTek, Inc.
- Howmet Aerospace, Inc.
- Lanik s.r.o
- Morgan Advanced Materials
- Noritake Co. Ltd.
- PCC Airfoils, LLC
- Ross Ceramics Limited.

What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the ceramic core market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
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