Global Automotive Ceramics Market Size, Share, and COVID-19 Impact Analysis, By Material (Alumina Oxide, Titanate Oxide, Zirconia Oxide, and Others), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), By Application (Engine Parts, Exhaust Systems, Automotive Electronics, Braking Systems, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Chemicals & Materials

RELEASE DATE Jun 2024
REPORT ID SI4840
PAGES 245
REPORT FORMAT PathSoft

Global Automotive Ceramics Market Insights Forecasts to 2033

  • The Global Automotive Ceramics Market Size was Valued at USD 2.39 Billion in 2023
  • The Market Size is Growing at a CAGR of 5.62% from 2023 to 2033
  • The Worldwide Automotive Ceramics Market Size is Expected to Reach USD 4.13 Billion by 2033
  • North America is Expected to Grow the fastest during the forecast period.

Global Automotive Ceramics Market

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The Automotive Ceramics Market Size is Anticipated to Exceed USD 4.13 Billion by 2033, Growing at a CAGR of 5.62% from 2023 to 2033.

 

Market Overview

Automotive ceramics are cutting-edge structural materials that are widely used in the production of different auto spare parts. Ceramics, which are hard, porous, and brittle, are preferred for creating lightweight parts that are essential for automotive applications. Every component of a car has unique technical needs and acceptable reliability qualities, energy efficiency, and cost-effectiveness that are taken into consideration while selecting materials. These are integrated into the design of automobiles to fulfill the high standards put forward by the durable and dependable material. The growing acceptance of electric vehicles and strict environmental laws highlight the vital role ceramics play in automobile electronics, exhaust systems, and engine parts. Strict government regulations intended to lower greenhouse gas emissions are another element propelling the market's revenue growth. Automotive ceramics, such as catalytic converters, can significantly reduce the amount of harmful pollutants that cars emit. Ceramic materials are also used in diesel particulate filters (DPF), which reduce particulate matter emissions from diesel engines. Furthermore, ceramic products are becoming more widely used in automotive applications due to their strong resistance to chemical corrosion, excellent thermal conductivity, and electrical insulation at a range of temperatures. Ceramics are utilized in parts including heat sensors, emission control devices, and spark plug insulators. The growing need for lightweight automobiles and the expanding automotive sector are anticipated to support market expansion.

 

Report Coverage

This research report categorizes the market for the automotive ceramics market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the automotive ceramics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the automotive ceramics market.

 

Automotive Ceramics Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023 :USD 2.39 Billion
Forecast Period:2023 – 2033
Forecast Period CAGR 2023 – 2033 :5.62%
023 – 2033 Value Projection:USD 4.13 Billion
Historical Data for:2019-2022
No. of Pages:245
Tables, Charts & Figures:110
Segments covered:By Material, By Vehicle Type, By Application, By Region
Companies covered:: IBIDEN, Elan Technology, 3M, Ceramtec GmbH, Ferrotec Corporation, Applied Ceramics, Inc., Kyocera Corporation, Coorstek Inc., Almatis GmbH, SaintGobain Ceramic, Ceradyne Inc., Corning Incorporated, Morgan Advanced Materials, Niterra, Others
Pitfalls & Challenges:Covid-19 Impact, Challenge, Future,Growth and Analysis

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Driving Factors

The increasing requirement for automotive ceramics is mainly caused by the growing automotive sector, which is fueled by an increase in the demand for passenger and commercial cars worldwide. Compared to metals, automotive ceramics provide superior chemical stability, wear resistance, and strength at high temperatures. As ceramics are more affordable and offer better thermal and insulating qualities, they can meet consumer demand for lightweight vehicles. These characteristics, along with cutting-edge research and production techniques and structures, are crucial in lowering the overall weight of motors and other vehicle components including heat sensors.

 

Restraining Factors

Ceramics have a higher material cost than metal and other materials. This could restrict the use of ceramics in the production of automobiles. The strong demand for reasonably priced cars serves as a barrier to the market's expansion.

 

Market Segmentation

The automotive ceramics market share is classified into material, vehicle type, and application.

 

  • The zirconia oxide segment accounted for the largest revenue share through the forecast period.

Based on the material, the automotive ceramics market is categorized into alumina oxide, titanate oxide, zirconia oxide, and others. Among these, the zirconia oxide segment accounted for the largest revenue share through the forecast period. High strength, toughness, and wear resistance are a handful of the exceptional mechanical characteristics of zirconia oxide. It is suitable for demanding automotive applications including sensors, bearings, and engine components because of these qualities. Due to its exceptional thermal stability, it can tolerate high temperatures without deforming or degrading.

 

  • The commercial vehicle segment is expected to grow at the highest CAGR during the forecast period.

Based on the vehicle type, the automotive ceramics market is categorized into passenger vehicle and commercial vehicle. Among these, the commercial vehicle segment is expected to grow at the highest CAGR during the forecast period. Commercial vehicles demand high-performance and long-lasting materials, like ceramics, for critical equipment including brake systems, exhaust systems, and engine parts. Commercial vehicles are exposed to regular and intense use; thus, the industry values materials that can withstand adverse conditions, minimize deterioration and improve reliability.

 

  • The exhaust systems segment dominated the market with the highest market share through the forecast period.

Based on the application, the automotive ceramics market is categorized into engine parts, exhaust systems, automotive electronics, braking systems, and others. Among these, the exhaust systems segment dominated the market with the highest market share through the forecast period. They are essential for complying with strict emission requirements and optimizing engine performance. Automotive ceramics, in particular, zirconia oxide are widely used in exhaust system catalytic converters and diesel particle filters.

 

Regional Segment Analysis of the Automotive Ceramics Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia Pacific is anticipated to hold the largest share of the automotive ceramics market over the forecast period.

 

Global Automotive Ceramics Market

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Asia Pacific is projected to hold the largest share of the automotive ceramics market over the forecast period. In the Asia Pacific region, the number of vehicles owned has increased due to rising earnings, urbanization, and improved living conditions. The need for automotive ceramics, which are crucial parts used in the production of cars, has increased as more individuals acquire vehicles for both personal and business use. The integration of electronic components in automobiles has rapidly expanded, with the Asia Pacific area leading the way in technical innovation. The need for automotive ceramics in the area is fueled by their critical function in electronic systems such as circuit boards, LED substrates, and sensors.

 

North America is expected to grow at the fastest CAGR growth in the automotive ceramics market during the forecast period. In North America, the use of electric vehicles (EVs) is growing rapidly due to several causes including government incentives, awareness of the environment, and EV technological advances. Automotive ceramics are vital parts for producers of electric vehicles since they are used in electric motors, batteries, and power electronics. Ceramic materials are expected to become more in demand as the electric vehicle (EV) market grows in North America. Due to ceramic materials being far lighter than traditional metals, they are desirable in applications where weight reduction is essential.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the automotive ceramics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • IBIDEN
  • Elan Technology
  • 3M
  • Ceramtec GmbH
  • Ferrotec Corporation
  • Applied Ceramics, Inc.
  • Kyocera Corporation
  • Coorstek Inc.
  • Almatis GmbH
  • SaintGobain Ceramic
  • Ceradyne Inc. 
  • Corning Incorporated
  • Morgan Advanced Materials 
  • Niterra
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In March 2023, Ceramtec GmbH launched a new product Rubalit ZTA, which is a high-performance substrate that offers remarkable flexural strength superior dielectric strength, superior electrical insulation, and efficient thermal conductivity.

 

  • In March 2023, Zircotec started a brand-new heat management ceramic coating finalize the Primary Gunmetal Grey. It is specifically made to be a cost-effective all-arounder, making it ideal for reducing exhaust system surface temperatures.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the automotive ceramics market based on the below-mentioned segments: 

 

Global Automotive Ceramics Market, By Material

  • Alumina Oxide
  • Titanate Oxide
  • Zirconia Oxide
  • Others

 

Global Automotive Ceramics Market, By Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

 

Global Automotive Ceramics Market, By Application

  • Engine Parts
  • Exhaust Systems
  • Automotive Electronics
  • Braking Systems
  • Others

 

Global Automotive Ceramics Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the global automotive ceramics market over the forecast period?
    The global automotive ceramics market is to expand at 5.62% during the forecast period.
  • 2. Which region is expected to hold the highest share in the global automotive ceramics market?
    The Asia Pacific region is expected to hold the largest share of the global automotive ceramics market.
  • 3. Who are the top key players in the automotive ceramics market?
    The key players in the global automotive ceramics market are IBIDEN, Elan Technology, 3M, Ceramtec GmbH, Ferrotec Corporation, Applied Ceramics Inc., Kyocera Corporation, Coorstek Inc, Almatis GmbH, SaintGobain Ceramic, Ceradyne, Inc., Corning Incorporated, Morgan Advanced Materials, Niterra.

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