Advanced Ceramics Market by Material (Alumina, Zirconia, Titanate, Silicon Carbide, and Others), Application (Monolithic Ceramics, Ceramic Coatings, Ceramic Composites, Ceramic Filters, and Others), End-Use Industry (Electrical and Electronics, Transportation, Medical, Defense and Security, and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026214 | Pages: 100 | Industry: Chemicals and Materials | Date: Sep 2022 | Type: Global

The market crossed US$ 91.5 billion mark in 2022 and is expected to hit US$ 150.0 billion by 2030, recording a CAGR of 6.5% during the forecast period.

Increasing demand in manufacturing electronic circuit components to drive market growth.

Increasing advanced ceramics demand in the manufacturing of the ceramic substrates, circuit barriers, and core component materials is expected to drive the market growth. Increasing power electronic circuit manufacturers’ demand for the ceramic material-based vacuum switching tubes, diodes, and thyristors is likely to increase the materials’ demand globally. Furthermore, continual utilization of the ceramic-based electronic sensors for producing downstream electronic component assemblies is anticipated to accelerate the global advanced ceramics market growth.

Within the report, the market is segmented into material, application, end-use industry, and geography. By material, the market is further segmented into alumina, zirconia, titanate, silicon carbide, and others. By Application, the market is segregated into monolithic ceramics, ceramic coatings, ceramic composites, ceramic filters, and others. On the basis of end-use industry, the market is bifurcated into electrical and electronics, transportation, medical, defense and security, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Rising demand for electro ceramics to offer futuristic market growth opportunities

Electro ceramics are extensively used in a wide variety of electrical, optical, and magnetic applications. These materials are also used in the manufacturing of the electrotechnical component assemblies and in the constructional work. Advancement in the electronic technologies requiring the usage of advanced ceramic materials is expected to offer newer market growth opportunities.  Furthermore, increasing electronic manufacturers’ focus toward developing electroceramics-based electronic products is likely to favor the market growth globally.

Increasing usage in various manufacturing industries to drive market growth.

Advanced ceramics are used in various manufacturing industries such as electrical and electronics, transportation, medical, defense and security, and others. Increasing advanced ceramic material’s demand in the manufacturing of the circuit components is mainly driving the market growth. In addition, governmental focus of building transportation infrastructural facilities is likely to increase the advanced ceramic-based insulation material’s demand and favor the market growth. Increasing development of the other industries such as medical, defense, security, and others is also supporting the market growth during the forecast period of 2022-2030.

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Recent strategic developments in advanced ceramics market

The advanced ceramics market has undergone several significant developments, and a few of these have been mentioned below:

  • In September 2019, Ube Industries, Ltd. established a joint venturing agreement with Kyocera Corp., a Japanese ceramic and electronic manufacturer to start manufacturing ceramic filters for the 5G base stations.
  • In June 2019, Kyocera Corp. acquired Friatec GmbH, a German advanced ceramic manufacturing business to expand its manufacturing base in the Germany.

The advanced ceramics market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Kyocera Corporation, Coorstek Inc., Saint-Gobain Advanced Ceramics LLC., Ceradyne, Inc., Advanced Ceramics Manufacturing are among the prominent players operating in the market.

Target audience for the report:

  • Advanced ceramic manufacturer
  • Composite material manufacturer
  • Advanced ceramic suppliers
  • Advanced ceramic distributor and exporter
  • Chemical industry-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • End users of advanced ceramic
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Material:
    • Alumina
    • Zirconia
    • Titanate
    • Silicon Carbide
    • Others  
  • Application:
    • Monolithic Ceramics
    • Ceramic Coatings
    • Ceramic Composites
    • Ceramic Filters
    • Others
  • End-Use Industry:
    • Electrical and Electronics
    • Transportation
    • Medical
    • Defense and Security
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
  • Kyocera Corporation
  • Coorstek Inc.
  • Saint-Gobain Advanced Ceramics LLC.
  • Ceradyne, Inc.
  • Advanced Ceramics Manufacturing

Companies profiled

- Kyocera Corporation
- Coorstek Inc.
- Saint-Gobain Advanced Ceramics LLC.
- Ceradyne, Inc.
- Advanced Ceramics Manufacturing 

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