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Advanced Ceramics Market Rugged Expansion Foreseen by 2015 - 2021
Majority of the advanced ceramics manufactured are consumed for electronic applications and they are called as electroceramics. Electroceramics accounted for more than three fourth of the total advanced ceramics manufactured. Growing electronics market has lead to the use of alternative materials, one of which is advanced ceramics.
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Thus, the developing electronic market is expected to boost the growth of the overall advanced ceramic market. Medical products are significant consumers of advanced ceramics due to its increasing use in manufacturing joint implants and in-dental procedures. Medical products market is expected to be the fastest growing consumer of advanced ceramics over the next few years. The growing demand for high pressure and high temperature environment has further augmented the growth of this market as advanced ceramics are known to offer greater wear resistance and compressive strength just as the metals can provide.
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