The global advanced ceramics market is expected to drive the demand for advanced technology along with its applications in a variety of industrial segments across the globe during the forecast period 2021-2026

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Expert Market Research’s new report titled Global Advanced Ceramic Market Report and Forecast 2021-2026 provides an in-depth analysis of the global Advanced Ceramic market and evaluates the market based on its segments such as source, product, industry and major regions. The report tracks the latest trends in the industry and examines their impact on the overall market. It also assesses the market dynamics, covers the main demand and price indicators and analyzes the market based on the SWOT and Porter Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026): 7%

Absorbed ceramic products are gaining popularity due to their increased strength, temperature resistance, toughness, and relatively long service life with customizable properties. The eco-friendly properties of these materials and the rise of advanced ceramics to replace traditional metals are key factors driving the advanced ceramics market. Due to the increasing demand for ceramics in the medical industry, an increasing demand for high-performance ceramics is expected. Improvements in ceramics encourage companies to expand production of advanced ceramics. Furthermore, the ready availability of raw materials is expected to boost the demand for advanced ceramics over the forecast period. Increasing demand from end-use industries such as medical and renewable energy and growing demand from the clean-tech industry are expected to drive the advanced ceramics market in the forecast years.

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Industry definition and main segments

High-performance ceramics, substances and processes are used in the development and manufacture of ceramic materials because they have unique properties. Advanced ceramics differ from traditional ceramics such as bricks and porcelain by their greater strength, higher service temperatures, improved toughness, and customizable properties. The type of bonding between ceramic particles helps distinguish ceramics from traditional ceramics in engineering. Consequently, ceramic products are now available that are as tough and electrically conductive as some metals.

Based on Type, the market is segmented into:

  • Monolithic ceramics
  • ceramic coatings
  • Ceramic matrix composites
  • Other

Based on the material, the industry can be divided into:

  • clay
  • titanate
  • zirconia
  • silicon carbide
  • aluminum nitride
  • silicon nitride
  • Other

According to end-use markets, the industry is categorized into:

  • Industrial
  • transport
  • electrics and electronics
  • defense and security
  • Medical
  • chemical
  • Other

By region, the industry is categorized into:

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East and Africa

market trends

The demand for advanced ceramics is evolving rapidly as new technologies create new opportunities for industrial players across a variety of industry segments. However, it is expected that the brittleness of advanced ceramics would slightly affect the overall demand in the market. The high cost of these materials compared to other materials such as metals is also expected to hamper the global advanced ceramics market. Advanced ceramic properties such as corrosion resistance, high temperature stability, light weight and low thermal expansion are expected to boost the market in the coming years. The high-performance ceramics industry is experiencing technical developments worldwide. Companies are actively working to create modern and more complex ceramics. It is estimated that the production of new manufacturing processes and applications of advanced ceramics is driving the advanced ceramics industry. Increasing demand from end-user industries, including clean energy and medical industries, is expected to drive market growth over the projected period. The industry development is also supported by the increasing product demand from the renewable technology sectors. Items such as solid oxide fuel cells are made entirely of high performance ceramics. Their benefits are expected to further expand their use in industry, replacing individual essential components such as insulating materials.

During the historical period, Asia-Pacific dominated the global market. Increasing investment in manufacturing from emerging economies such as China, Japan, India and Southeast Asia are driving development in the region. Significant growth is expected in the region’s electronics industry as well-known companies wait to set up factories in these countries due to the ready availability of inexpensive raw materials and labor. North America occupies a significant market share. The growth of the market was mainly attributed to advances in the transportation and electronics industries in Europe and North America. Increasing demand for environmentally friendly products coupled with technological advances is expected to fuel demand for high-performance ceramics worldwide in the years to come.

Important market participants

The major players in the market include 3M CO., KYOCERA Corporation, Corning Incorporated, Materion Corporation, Coors Tech Inc, International Ceramics Inc. The report covers the market shares, capacities, asset turnovers, expansions, investments, as well as mergers, among other latest developments of these market players and takeovers.

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