Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, the Global Advanced Ceramics Market Size is Expected to Grow from USD 108.83 Billion in 2023 to USD 166.79 Billion by 2033, at a CAGR of 4.36% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Advanced Ceramics Market Size, Share, and COVID-19 Impact Analysis, By Raw Material (Titanate, Zirconia, Silicon Carbide, Aluminum Nitride, Alumina, Silicon Nitride, Magnesium Silicate, Pyrolytic Boron Nitride, Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings, and Others), By Class Type (Monolithic Ceramics, Ceramic Matrix Composites, and Ceramic Coatings), By End-User (Electronics & Electrical, Transportation, Medical, Industrial, Defense & Security, Chemical Industries, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Advanced ceramics offer superior strength, higher operating temperatures, toughness, and tailorable properties compared to conventional ceramics like brick and porcelain. They can replace metals in applications with reduced density and higher melting points, offering increased efficiency, productivity, and speed. Advanced ceramics also have stability, resistance, chemical inertness, and good electrical properties, and are more suitable for mass production than metals and plastics. Implants, medical sensors, hip and knee joints, pacemakers, heart pumps, and drug delivery systems are just a few of the medical equipment that use advanced ceramics. Their main applications include artificial hip, shoulder, and knee replacements, as well as joint implantation and dentistry operations. Sophisticated ceramics are becoming more and more in demand, which is helping the worldwide medical business expand because of their chemical stability and tolerance to high temperatures. For instance, India's Advanced Research Centre for Powder Metallurgy and New Materials (ARCI) is home to the Centre for Advanced Ceramic Materials (CACM). To create novel processing methods and products, the CACM focuses on research and technological development in advanced ceramics and glass ceramics. However, the brittle nature of advanced ceramics such as silicon carbide, zirconia, and alumina makes them difficult to use in high-impact resistant applications or mechanical stress scenarios.
The alumina segment is predicted to hold the highest market share through the forecast period.
Based on the raw material, the advanced ceramics market is classified into titanate, zirconia, silicon carbide, aluminum nitride, alumina, silicon nitride, magnesium silicate, pyrolytic boron nitride, monolithic ceramics, ceramic matrix composites, ceramic coatings, and others. Among these, the alumina segment is predicted to hold the highest market share through the forecast period. Raw materials for sophisticated ceramics and industrial machine parts, such as alumina, which is extracted from bauxite ore, are produced chemically. Alumina is inexpensively produced all over the world and is appropriate for electrical devices due to its strong dielectric qualities, strength, and resistance to corrosion and wear.
The monolith ceramics segment is anticipated to hold the largest market share during the projected timeframe.
Based on the class type, the advanced ceramics market is divided into monolithic ceramics, ceramic matrix composites, and ceramic coatings. Among these, the monolith ceramics segment is anticipated to hold the largest market share during the projected timeframe. Miniaturization in electronics, new surface technologies, healthcare, neo-ecology, mobility, and communications technology are all projected to drive growth in advanced ceramics. Their electrical, chemical, biocompatible, heat-resistant, rigid, and stable qualities make them adaptable and create new design opportunities.
The electrical and electronics segment is anticipated to hold the fastest market share during the projected timeframe.
Based on the end-user, the advanced ceramics market is divided into electronics & electrical, transportation, medical, industrial, defense & security, chemical industries, and others. Among these, the electrical and electronics segment is anticipated to hold the fastest market share during the projected timeframe. Advanced ceramics are essential to many technologies, such as communication, life sciences, transportation, and energy. They increase the bargaining power of purchasers by competing with engineering materials that have lower upfront costs. Ceramics make essential components more economical and efficient.
North America is estimated to hold the largest share of the advanced ceramics market over the forecast period.
North America is estimated to hold the largest share of the advanced ceramics market over the forecast period. Rising demand in the defence and aerospace sectors, as well as expansion in the medical device sector, especially for orthopaedic and dental implants, are anticipated to fuel growth in the North American advanced ceramics market. The market is anticipated to increase as a result of the nation's spending in these fields and the rising need for sophisticated ceramics for medical applications.
Asia Pacific is predicted to have the fastest CAGR growth in the advanced ceramics market over the forecast period. This is due to the growing demand for advanced ceramics in electronics, electrical equipment, and medical devices. China holds the largest market share, while the Indian market is the fastest-growing in the region. This growth is expected to drive demand for dental and orthopedic implants.
Competitive Analysis
Major key players in the advanced ceramics market include 3M, AGC Inc., Applied Ceramics, Blasch Precision Ceramics, CeramTec GmbH, COIC International, Inc, CoorsTek Inc., Corning Incorporated, International Ceramic Engineering, Inc., and KYOCERA Corporation. Other players include MARUWA Co., Ltd., MATERION CORPORATION, McDanel Advanced Ceramic Technologies, Morgan Advanced Materials, and Murata Manufacturing Co. Ltd., and Others.
Recent Development
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the advanced ceramics market based on the below-mentioned segments:
Global Advanced Ceramics Market, By Raw Material
Global Advanced Ceramics Market, By Class Type
Global Advanced Ceramics Market, By End-User
Global Advanced Ceramics Market, By Regional Analysis
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