Advanced Ceramics Market Research Report - Forecast to 2030

Advanced Ceramics Market Research Report: by Material (Alumina Ceramics, Titanate Ceramics, Zirconate Ceramics, Ferrite Ceramics), Product (Monolithic, Matrix, Coatings), End-User Industry (Electronics & Electronics, Automotive, Machinery) and Region Forecast Till 2030

ID: MRFR/CnM/1073-HCR | October 2022 | Region: Global | 139 Pages         

Advanced Ceramics Market

In 2019, the advanced ceramics market size is registered as USD 97.0 billion and is expected to grow at a significant rate of 3.7% CAGR in the forecast period 2021-2030.

Segmentation

By Material Alumina Ceramics Titanate Ceramics Zirconate Ceramics Ferrite Ceramics
By Product Monolithic Matrix Coatings
By End-User Industry Electronics & Electronics Automotive Machinery

Key Players

  • 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)

Drivers

  • The end user industries
  • The growing automotive and electrical & electronic industry
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Advanced Ceramics Overview


In 2019, the advanced ceramics market size is registered as USD 97.0 billion and is expected to grow at a significant rate of 3.7% CAGR in the forecast period 2021-2030.


Advanced ceramics are also named Technical ceramics or Engineered ceramics and are specially designed to overcome the disadvantages of normal ceramics and also to exhibit enhanced properties. These ceramics can provide the requirements needed for the various end-use industries. These ceramics can provide superior properties  like thermal stability,


COVID-19 Analysis:


Due to the COVID-19 outbreak, the advanced ceramics market is drastically impacted in the first two quarters of 2020. Advanced ceramics are generally used in the manufacturing of electrical and electronic components like capacitors, transistor dielectrics, etc. To control the spread of the virus, the government implemented lockdowns and few stringent regulations which led to the halt in production in most industries. Similarly, in the electronics and electrical industry, the manufacturing of electronic components was delayed due to a lack of raw materials, shortage of manpower, and logistics slowdown.


China is the largest exporter and producer of electronic components which are used in the production of finished electronic goods. But due to lockdown, the production of components is stopped in China which leads to a halt of the finished goods in all other countries. Thus the demand and supply of electronic goods is affected and results in the decline in sales in electronic components. Hence the advanced ceramics are declined in the pandemic situation in this way.


On the other hand, ceramics used in medical devices like ventilators, patient care systems, thermal scanners, and related equipment are highly demandable in the pandemic situation which increases the demand for the market. According to the report of the World Trade Organization, world trade will decline from 13 to 32% in the year 2020 due to the COVID-19 pandemic.


Market Dynamics:


Drivers:


Growing demand from the end-use industries with renewable energy and medical are predicted to accelerate the growth of the market in the review period. Increasing demand from the clean technology industry also propels market growth. Moreover, rising the adoption of ceramics in the transportation industry and the factors related to the growth of defense manufacturing are predicted to boost the global advanced ceramics market in the coming years.


Restraint:


The manufacturing process and use of ceramics are very expensive which is restricting the market growth.


Opportunities:


The advanced ceramics are lightweight which are highly dependable in aircraft. Growing the adoption of advanced ceramics in aircraft and also in defense is creating an opportunity to bolster the growth of the global market.


Challenges:


Stringent environmental regulations may limit the widespread use of few modern ceramics is a challenge to the market growth.


Study Objectives -



  • To provide the factors that are limiting the growth of the advanced ceramics market value.

  • To examine the advanced ceramics market industry analysis based on factors-price analysis, supply chain analysis, growth analysis, and provide them.

  • To provide history and forecast revenue segments and sub-segments of the advanced ceramics market revenue for the five major geographies.

  • To provide the country-level analysis of the present ceramics market size and future prospective.

  • To track and analyze new product launches, strategic alliances, and global ceramics market research.


Segment Overview:


Globally, the advanced ceramics market has been divided into four major segments based on material, product type, end-user, and region.


Based on Product Type


The advanced ceramic market based on product type is classified into few types such as ceramic matrix composites, monolithic ceramics, ceramic coatings, and others. Among them, monolithic ceramics are predicted to dominate the largest market share due to their excellent benefits like durability, reliability, and protection from the high temperature that increases the component’s life. So, these are mostly preferred in high temperatures required operations and are also used in various end-use industries like transportation, aerospace, power generation, military & defense, electrical & electronics components, and medical.


Based on Material


The advanced ceramics market materials are categorized into few types as titanate advanced ceramics, advanced alumina ceramics, zirconate advanced ceramics, advanced ferrite ceramics, and others. Out of these materials, advanced alumina ceramics are accounting the largest market share owing to its increasing usage of the product in various end-users like machinery, automobile, and electrical & electronics industry. Moreover, these ceramics have more benefits like weather and corrosion resistance which favors segment growth.


Based on End-user


The advanced ceramics market by end-user is analyzed into various types as military & defense, machinery, electrical & electronics, pharmaceuticals, automotive, and others. Out of these, the electrical & electronics segment is dominating the largest market share and is projected to continue its dominance in the review period owing to the rising product applications in magnetic, insulating, semiconducting & superconducting, and piezoelectric.


Based on Region


The advanced ceramics market region-wise is divided into five main geographies such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. Due to the growing population and increasing per capita disposable income, Asia-Pacific is expected to be the fastest-growing segment with the highest CAGR.


Regional Analysis -


Geographically, advanced ceramics is segmented into North America, Latin America, Asia-Pacific, Europe, and the Middle East & Africa. Out of these regions, Asia-Pacific is projected to be the fastest-growing segment with a significant CAGR for the rising population and growing per capita disposable income. Moreover, the growing demand for advanced ceramics in the electronics and automobile industry majorly in emerging nations like India, Japan, and China is accelerating the market growth in this region.


North America is holding the maximum advanced ceramics market share due to the presence of the automobiles companies such as General Motors, Fiat Chrysler, Ford that are growing the demand for advanced ceramics in the automobile industry. Apart, developed end-use industries like pharmaceutical and electronics & electrical coupled with a growing adoption rate are boosting the market growth. Owing to the well-developed electrical & electronic and automobile industries, Europe is expected to hold the lucrative growth in the market. Apart, growing advanced ceramics applications in medical equipment like implanted devices, radiation therapy equipment, and ultrasonic cleaners are propelling the market growth.


Competitive Landscape


The prominent key players in the advanced ceramics market outlook are the following:



  • 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 Limited (U.K.)

  • Superior Advanced Ceramics (U.S.)

  • NGK Spark Plug Co., Ltd. (Japan)


Recent Developments


September 2021-Boston Micro Fabrication introduces the new Projection Micro Stereolithography 3D printing system called microArch S230. The system produces ‘ultra-high-resolution’ of around 2μm at high speeds and accuracies. It has been launched coupled with three more materials with applications in the medical ad electronic industry.
These systems can be developed in BMF’s MT (Magnesium Titanate) Ceramic, AL (Alumina) Ceramic, and HT 200 resin. The AL Ceramic is chemical-resistant, and biocompatible, with applications in medical device and tooling segments due to its stiffness, strength, and high temperature capabilities.

November 2021-SINTX Technologies Inc., an original equipment manufacturer (OEM) of advanced ceramics, has launched its latest subsidiary called SINTX Armor.
SINTX has entered a ten-year lease on a unit near Salt Lake City, UT for house development & manufacturing operations for SINTX Armor. All of the machines related to the advanced ceramic armor business that were earlier based in Dayton, OH will now be shifted to the new unit.

In January 2021, one of the leading key players, Kyocera opened a new research and development center at the Kokubu campus, in Kirishima city, Kagoshima in Japan. To develop the new R & D center mainly focussing on innovations in various fields like smart energy, environmental preservation, and information & communication, Kyocera signed an agreement with the mayor of Kirishima city.
In September 2019, the two popular enterprises named Kyocera Corporation and Ube Industries Ltd partnered and signed a venture agreement to design advanced innovation ceramic filters for 5G base stations. By combining these two industries as the Ube Industries Filter Technology and Kyocera global ceramic components manufacturers expertise and a sales network. To enable the expansion of 5G technology, the venture helped these two countries.


The COVID-19 impact on the advanced ceramics market is expected to play a crucial role in changing the revenue-incoming pattern of the market. Several end user industries like automobiles and others have started suffering due to the lockdowns that got imposed in several countries and this inspired a cutting in production, implementation of the limited workforce, lack of demand, and others. Due to these, the intake graph changed significantly. However, countries have also started lifting bans, which may change the market scenario and help the market regain the lost ground to some extent.


Report Overview:


Globally, the advanced ceramics market research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. The market scenario includes four dynamics of the advanced ceramics market drivers, restraints, challenges, and opportunities. The advanced ceramics market forecast segments are four types as product type, material, end-user, and region.


Segmentation Table


The advanced ceramics market trends have been segmented globally into four types based on the product type, material, end-user, and region.


By Product type


Ceramic matrix composites, monolithic ceramics, ceramic coatings, and others are the few product types of the market.


By Material


Titanate advanced ceramics, advanced alumina ceramics, zirconate advanced ceramics, advanced ferrite ceramics, and others are the few materials of the ceramics market.


By End-user


Military & defense, machinery, electrical & electronics, pharmaceuticals, automotive, and others are the few industries of the global ceramics market.


By Region


Asia-Pacific, Europe, North America, and the rest of the world are the four main geographies included in the ceramics market.



Report Scope:

Report Attribute/Metric Details
  Market Size

  • 2019: 96.8 Billion
  • 2030: Significant value
  •   CAGR   3.5% (2021-2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Material, Product, End-User Industry and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   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 Limited (U.K), Superior Advanced Ceramics (U.S.), and NGK Spark Plug Co., Ltd. (Japan)
      Key Market Opportunities

  • Corrosion resistance
  • Toughness
  • High tensile strength
  • Thermal stability
  • Ballistic protection
  •   Key Market Drivers

  • The end user industries
  • The growing automotive and electrical & electronic industry


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    Frequently Asked Questions (FAQ) :

    Saint-Gobain Ceramic Materials (U.S.), 3M Company (U.S.), Superior Advanced Ceramics (U.S.), NGK Spark Plug Co., Ltd. (Japan), Dyson Advanced Ceramics Limited (U.K.), CoorsTek Inc. (U.S.), Kyocera Corporation (Germany), CeramTec GmbH (Germany), Rauschert Steinbach GmbH (Germany), and Morgan Advanced Materials Plc (U.K.),

    Electrical & electronics, automotive, machinery, pharmaceuticals, military & defense, and others are the major industries contributing to the market.

    Favorable regulations, growing intake of the component in the healthcare and defense industries play a major role in market growth.

    Toughness, corrosion resistance, thermal stability, high tensile strength, and ballistic protection are the few properties that play a major role in the market growth.