Advanced Ceramics Market Research Report Information By Material (Alumina ceramics, Titanate Ceramics, Zirconate Ceramics, and Ferrite Ceramics), By Product (Monolithic, Matrix, and Coatings), By End-Use (Electronics & electronics, Automotive and Machinery), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Global Advanced Ceramics Market Overview

Advanced Ceramics Market Size was valued at USD 72.9 billion in 2022. The Advanced Ceramics market industry is projected to grow from USD 75.59 Billion in 2023 to USD 101.09 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.70% during the forecast period (2023 - 2032). The rising demand from the end-use industry and increasing demand from the clean technology industry are the key market drivers contributing to the market growth.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Advanced Ceramics Market Trends

• Demand for advanced ceramics in the automotive industry is driving the market growth.

The rising industry demand drives Market CAGR for Advanced Ceramics. Advanced ceramics are used in the automotive industry for various applications, including engine components, brakes, and exhaust systems. These ceramics are known for their high-temperature resistance, wear resistance, and durability, which makes them an attractive option for manufacturers looking to improve the performance of their products. With the growing demand for electric vehicles, the use of advanced ceramics in batteries and other components is also expected to increase.

Additionally, advanced ceramics are increasingly used in healthcare for various applications such as dental implants, joint replacements, and prosthetics. These ceramics' biocompatibility and ability to mimic the properties of natural bone make them an attractive option for medical device manufacturers. As the population ages, the demand for these devices is expected to increase, which will drive the growth of the advanced ceramics market.

The electronics industry is one of the primary end-users of advanced ceramics. The demand for advanced ceramics in the electronics industry is increasing due to the growing demand for electronic products such as smartphones, tablets, and laptops. Advanced ceramics are used to manufacture various electronic components such as capacitors, sensors, and insulators. They provide high electrical conductivity, low dielectric loss, and thermal stability, making them ideal for use in the electronics industry. The increasing demand for advanced ceramics from the electronics industry is expected to drive the growth of the advanced ceramics market in the coming years.

For instance, the advanced ceramics market is experiencing significant growth due to the increasing demand from various end-use industries such as electronics, healthcare, and automotive. The increasing demand for advanced ceramics in these industries is expected to drive the Advanced Ceramics market revenue in the coming years.

Advanced Ceramics Market Segment Insights

Advanced Ceramics Material Insights

The Advanced Ceramics market segmentation, based on material, includes alumina, titanate, zirconate, and ferrite. The alumina ceramics generated the most income. Alumina ceramics are a type of advanced ceramic made from aluminum oxide. They have excellent mechanical properties, high wear resistance, and good electrical insulation. Alumina ceramics are used in various applications, including electrical insulators, medical implants, and cutting tools.

Advanced Ceramics End-Use Insights

The Advanced Ceramics market segmentation, based on end-use, includes electronics & electronics, automotive, and machinery. The electronics & electronics segment dominated the market. Advanced ceramics are used in various electronic applications, including insulators, capacitors, and sensors. They are used in electronic devices such as smartphones, computers, and televisions.

Advanced Ceramics Product Insights

The Advanced Ceramics market segmentation, based on product, includes monolithic, matrix, and coatings. The monolithic dominated the market due to their excellent durability, reliability, and protection from high temperatures, which increases the component life. These are used in various industries, such as aerospace, transportation, military, and defense.

Figure 1:  Advanced Ceramics Market, by Product, 2022 & 2032 (USD billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Advanced Ceramics Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Advanced Ceramics market area will dominate this market due to the increasing demand for advanced ceramics in the aerospace and defense industries. The region is also expected to see growth in the medical device industry, which will drive the demand for advanced ceramics for dental and orthopedic implants. The country's increasing investments in the aerospace and defense sectors and the growing demand for advanced ceramics for medical applications are expected to boost the market's growth in the region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2:  ADVANCED CERAMICS MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe's Advanced Ceramics market accounts for the second-largest market share owing to the increasing demand for advanced ceramics in the automotive industry. The growing adoption of renewable energy is expected to drive the market's growth in the region. The region's stringent environmental regulations are also expected to boost the demand for advanced ceramics in various industries, such as chemical processing and power generation. Further, the German Advanced Ceramics market held the largest market share, and the UK Advanced Ceramics market was the fastest-growing market in the European region.

The Asia-Pacific Advanced Ceramics Market is expected to grow at a significant CAGR from 2023 to 2032 due to the increasing demand for advanced ceramics in the electronics and electrical equipment industry. The region is also expected to see growth in the medical device industry, which will drive the demand for advanced ceramics for dental and orthopedic implants. Moreover, China’s Advanced Ceramics market held the largest market share, and the Indian Advanced Ceramics market was the fastest-growing market in the Asia-Pacific region.

For instance, the Advanced Ceramics market is expected to witness significant growth in the coming years due to the growing population and increasing urbanization in various applications.

Advanced Ceramics Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Advanced Ceramics market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Advanced Ceramics industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Advanced Ceramics industry to benefit clients and increase the market sector. The Advanced Ceramics industry has offered some of the most significant medical advantages in recent years. Major players in the Advanced Ceramics market, including Kyocera Corporation (Japan), CeramTec GmbH (Germany), CoorsTek Inc. (U.S.), Saint-Gobain Ceramic Materials (U.S.), Morgan Advanced Materials Plc (U.K.), 3M Company (U.S.), Rauschert Steinbach GmbH (Germany), Dyson Advanced Ceramics Ltd (U.K.), Superior Advanced Ceramics (U.S.), NGK Spark Plug Co. Ltd. (Japan), and others, are attempting to increase market demand by investing in research and development operations.

CeramTec, founded in 1903 and located in Plochingen, Baden-Wuttemberg, Germany, manufactures and develops advanced ceramics components. The products are used in many applications, especially in medical technologies, automotive manufacturing, electronics, equipment and machine construction, defense technologies, and chemical industries. In March 2021, Ceramtec vertically integrated its sophisticated piezoceramics manufacturing with ultrasonic sensor and transducer assembly. With this combination, the company can now provide end-to-end service for specific high-power Langevin transducers, as well as a full-service solution that includes transducer design, development, and manufacturing for various medical applications.

CoorsTek, Inc., founded in 1910 in Golden, Colorado, US, is a privately owned manufacturer of technical ceramics for aerospace, automotive, chemical, electronics, medical, metallurgical, oil and gas, semiconductor, and many other industries. In February 2021, CoorsTek announced the expansion of its manufacturing facility in Southeast Asia. The construction for the first phase of the 400,000 sq. feet facility in Rayong, Thailand, began in February 2021. The opening of our facility in Thailand provides a critical production hub for the continued supply of CoorsTek high-quality engineered ceramics in Southeast Asia.

Key Companies in the Advanced Ceramics market include

• Kyocera Corporation (Japan)


• CeramTec GmbH (Germany)


• CoorsTek Inc. (U.S.)


• Saint-Gobain Ceramic Materials (U.S.)


• Morgan Advanced Materials Plc (U.K.)


• 3M Company (U.S.)


• Rauschert Steinbach GmbH (Germany)


• Dyson Advanced Ceramics Ltd (U.K.)


• Superior Advanced Ceramics (U.S.)


• NGK Spark Plug Co. Ltd. (Japan)

Advanced Ceramics Industry Developments

In May 2021: Fralock Holdings, LLC conquered Ceramic Tech Incorporated, which engaged in pre-fired machining, pressing, sintering, developing specialized formulations, and grinding for leading OEMs. Stratamet Advanced Materials, a company developing high-purity semiconductor-grade ceramic materials, was also a part of the acquisition.

In July 2021: Morgan Advanced Materials joined The Midlands Industrial, awarded USD 18.27 Mn in funding support through the UK Research and Innovation's signature Strength in Places Fund (SIPF) to establish Midlands, England, as a center for the industry

Advanced Ceramics Market Segmentation

Advanced Ceramics Material Outlook

• Alumina Ceramics


• Titanate Ceramics


• Zirconate Ceramics


• Ferrite Ceramics

Advanced Ceramics Product Outlook

• Monolithic


• Matrix


• Coatings

Advanced Ceramics End-Use Outlook

• Electronics & electronics


• Automotive


• Machinery

Advanced Ceramics Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America