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Base Year
Historical Year
Forecast Year
The global advanced ceramic market is expected to grow at a CAGR of 6.7% in the forecast period of 2024-2032.
Global Advanced Ceramic Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | XX |
Market Size 2032 | USD Billion | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 6.7% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 7.7% |
CAGR 2024-2032 - Market by Country | India | 8.9% |
CAGR 2024-2032 - Market by Country | China | 7.4% |
CAGR 2024-2032 - Market by Class Type | Ceramic Matrix Composites | 7.5% |
CAGR 2024-2032 - Market by End Use | Transportation | 7.6% |
Market Share by Country 2023 | France | 3.0% |
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Based on material, the alumina segment accounts for a significant share in the advanced ceramic industry. This can be attributed to the highly favourable chemical and physical properties of alumina, which make it suitable for use in corrosive and structural environments. Moreover, alumina is widely used for manufacturing equipments in the rapidly growing semiconductor industry, thus, significantly contributing to the overall industry growth. Additionally, alumina has application in the production of electrical insulation parts owing to its physical properties. All these factors combined are responsible for the growth of the advanced ceramic industry as a whole.
Region-wise, the Asia Pacific is expected to witness a robust growth over the forecast period owing to the increasing investments in the manufacturing sector, particularly in countries like India, Japan, and China. Also, the electronics sector will play a key role in driving the growth of the market as major firms are planning on setting up their production units in the region. Moreover, with the outbreak of the coronavirus pandemic, there has been a rise in demand for medical equipment, which is expected to further accelerate the production activities for the same in the region.
Advanced ceramics are an upgraded form of traditional ceramics as they offer more favourable properties like increased toughness, resistance to higher operating temperatures, and greater strength. These materials are rapidly substituting conventional materials in applications where greater speed and efficiency of operation is required.
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By material, the market is divided into:
Based on class type, the industry can be segmented into:
The market is divided based on end use into:
CAGR 2024-2032 - Market by | Country |
India | 8.9% |
China | 7.4% |
Canada | 6.2% |
Germany | 5.5% |
Italy | 4.7% |
USA | XX% |
UK | XX% |
France | XX% |
Japan | 4.6% |
Australia | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Advanced ceramics have a wide spectrum of applications in the electrical and electronics industry owing to their electrical properties like superconducting, semiconducting, and insulating, among others. A major reason for the success of advanced ceramics in the electrical and electronics industry is the increasing focus on reducing the size of electrical components like resistors, capacitors, antennas, sensors, and others. Moreover, the meteoric rise in the demand for consumer electronic devices is expected to cause a surge in the usage of ceramic-based electronic components, which, in turn, is expected to drive the growth of the advanced ceramic industry.
Over the forecast period, the rapid technological advancements in the industry are expected to favour the industry growth.
The report gives a detailed analysis of the following key players in the global advanced ceramic market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Material |
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Breakup by Class Type |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global advanced ceramic market is projected to grow at a CAGR of 6.7% between 2024 and 2032.
The major drivers of the market include the growing electrical and electronics market, increasing investments in the manufacturing sector, and rapid urbanisation.
The key trends guiding the growth of the market include the growing technological advancements, and the rising use in defence and aerospace industries.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading materials in the market are alumina, titanate, zirconia, silicon carbide, aluminium nitride, and silicon nitride, among others.
The major class types in the market are monolithic ceramics, ceramic coatings, and ceramic matrix composites, among others.
The significant end uses in the market are industrial, transportation, electrical and electronics, defence and security, medical, and chemical, among others.
The key players in the global advanced ceramic market are 3M Co., KYOCERA Corporation, Corning Incorporated, Materion Corporation, CoorsTek Inc., and International Ceramics Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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