Advanced Ceramics for Semiconductor, Display & Solar PV Market Size, Revenue Share, Insights & Future Outlook

Advanced Ceramics for Semiconductor, Display & Solar PV Market Size

The global market for Advanced Ceramics for Semiconductor, Display & Solar PV was valued at US$ 3265 million in the year 2024 and is projected to reach a revised size of US$ 5331 million by 2031, growing at a CAGR of 7.4% during the forecast period.

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Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.20% year-on-year.

This report aims to provide a comprehensive presentation of the global market for Advanced Ceramics for Semiconductor, Display & Solar PV, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Advanced Ceramics for Semiconductor, Display & Solar PV.

The Advanced Ceramics for Semiconductor, Display & Solar PV market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Advanced Ceramics for Semiconductor, Display & Solar PV market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

By Type
• Aluminas (Al2O3)
• Aluminum Nitride (AlN)
• Silicon Carbide (SiC)
• Silicon Nitride (Si3N4)

By Application
• Semiconductor
• Display Panel
• LED
• PV

Key Companies
Coorstek, Kyocera, Ferrotec, TOTO Advanced Ceramics, GBC Advanced Materials, NGK Insulators, MiCo Ceramics Co., Ltd., ASUZAC Fine Ceramics, NGK Spark Plug (NTK Ceratec), 3M Ceramics, Japan Fine Ceramics Co., Ltd. (JFC), Maruwa, Bullen Ultrasonics, Saint-Gobain, Schunk Xycarb Technology, Superior Technical Ceramics (STC), Precision Ferrites & Ceramics (PFC), Nishimura Advanced Ceramics, Ortech Ceramics, St.Cera Co., Ltd, Fountyl, CeramTec, Suzhou KemaTek, Inc., Shanghai Companion, Sanzer (Shanghai) New Materials Technology, Chaozhou Three-circle (Group)

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