Technical Ceramics Market Overview :
Global Technical Ceramics Market is estimated to reach $10.61 billion by 2025; growing at a CAGR of 6.3% from 2017 to 2025. Technical ceramics means ceramic products made for technical application. Technical ceramics cover many dissimilar and in part highly focused ceramic materials with unique electrical, mechanical, thermal and biochemical properties and property combinations. They are also called as advanced ceramics or engineered ceramics. These materials exhibit greater corrosion resistance, as opposed to other products such as aluminum and steel and hence, are being widely employed in the medical and automotive sectors.
Technical ceramics find widespread application in medical devices, such as ultrasonic cleaners and lithotripters. Additionally, it’s another major application is in bio-ceramics used in artificial organ implants, specifically in hip joints. The global technical ceramics market is mainly driven by growing demand for technical ceramics in medical industry. Factors such as high-temperature stability, low thermal expansion, and robustness have surged the usage of technical ceramics in numerous end-use industries. Moreover, incorporation of low-cost production technologies is expected to generate lucrative growth opportunities for the market in the forthcoming years.
Material type, product type, end-use industry, and geography are the segmentation of the global technical ceramics market. The material type segment is bifurcated into oxide ceramics (alumina, zirconia, titanate, and others), and non-oxide ceramics (aluminum nitride, silicon carbide, silicon nitride, and others). On the basis of product type the segmentation includes monolithic ceramics, ceramics coatings, ceramic matrix composites, and other product types. Medical, automotive, electronics & semiconductor, industrial, energy & power, military & defense, and other end-use industries are the segmentation of end-use industry.
Based on geography, the global technical ceramics market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
Prominent players operating in the market include Kyocera Corporation, CoorsTek, Inc., CeramTec GmbH, Morgan Advanced Materials, Saint-Gobain Ceramic Materials, McDanel Advanced Ceramic Technologies, 3M Advanced Materials, Superior Technical Ceramics, Rauschert GmbH, and NGK Spark Plug, Inc. among others.
The key takeaways from the report
- The report will provide detailed analysis of Global Technical Ceramics Market with respect to major segments such as material type, product type, and end-use industry
- The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Global Technical Ceramics Market has been included in the report
- Profile of the key players in the Global Technical Ceramics Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Global Technical Ceramics Market
Material Type Segments
- Oxide Ceramics
- Non-Oxide Ceramics
- Aluminum Nitride
- Silicon Carbide
- Silicon Nitride
Product Type Segments
- Monolithic Ceramics
- Ceramic Coatings
- Ceramic Matrix Composites
- Other Product Types
End-Use Industry Segments
- Electronics & Semiconductor
- Energy & Power
- Military & Defense
- Other End-Use Industries
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Middle East