Advanced Ceramics Market Overview: Essential Insights for Investors and Stakeholders

 The global advanced ceramics market size was estimated at USD 107.00 billion in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030. Increasing demand for advanced ceramics in various industries, coupled with growth in the medical and telecom sectors, is expected to drive market expansion. Advanced ceramics, also known as technical ceramics, possess improved magnetic, optical, thermal, and electrical conductivity. End-users can reduce their production and energy costs by utilizing advanced ceramics that provide high efficiency to end products.  Asia Pacific is a leading market for advanced ceramics in the world in terms of their consumption.

 

The rise in demand for advanced ceramics in the U.S. can be attributed to an increasing preference for lightweight materials across various industries. The production and consumption of these materials and components for the electrical and electronics sectors have been on the rise due to the growing need for uninterrupted connectivity. Furthermore, flourishing electric vehicle (EVs) and defense sectors have also contributed to market growth.

 

For instance, in 2023, under the National Defense Authorization Act of the U.S., the country authorized USD 32.6 billion for Navy shipbuilding, an increase of USD 4.70 billion. Also, in April 2023, the EPA announced new and stricter environmental rules for light- and medium-duty vehicles. The rules are expected to apply to vehicles manufactured from 2027 to 2032, covering greenhouse gases (GHG) and other pollutants, including ozone, nitrogen oxides, particulate matter, and carbon monoxide.

 

Gather more insights about the market drivers, restrains and growth of the Global Advanced Ceramics Market

 

Material Insights

The alumina material segment held the largest revenue share of over 34.0% in 2023 and this trend is anticipated to continue over the forecast period. Alumina-based advanced ceramics are used for harsh applications that need characteristics, such as thermal stability and wear resistance. Some of the applications include high-voltage semiconductor parts, mechanical seals, insulators, and ballistic armor.

 

Application Insights

The electronic devices segment held the largest revenue share of over 47.0% in 2023 and this trend is expected to continue over the forecast period. The product is extensively used in computers, television sets, smartphones, and consumer appliances. Rising investments in the electronics sector are expected to drive growth in the segment over the forecast period.

 

Product Insights

Monolithic held the largest revenue share of over 78.0% in 2023 and is expected to dominate the market throughout the forecast period. The product's high-temperature resistance, reliability, and durability make it a vital component in both electronic devices and vehicles. Its exceptional characteristics ensure the best performance and longevity, thereby enhancing the overall quality of end products.

 

End-use Insights

The electrical and electronics end-use segment held the largest revenue share of over 56.0% in 2023 and is anticipated to dominate the market over the forecast period. Advanced ceramics possess superconducting, semiconducting, piezoelectric, and magnetic properties. They have various applications in the electrical and electronics industry, including spark capacitors, plugs, inductors, resistors, and circuit protection devices.

 

Regional Insights

The advanced ceramics market in North America held a revenue share of over 28.0% in 2023 of the global market. Flourishing electronics, medical, and EV industries in the region are expected to stimulate market growth. Growing requirements for high-quality semiconductors that carry out ultra-high frequency signal transmission to ensure improved connectivity are further expected to boost the market growth.

 

Browse through Grand View Research's Advanced Materials Industry Research Reports.

 

·         White Cement Market: The global white cement market size was estimated at USD 9.43 billion in 2024 and is projected to grow at a CAGR of 4.7% from 2025 to 2030.

 

·         Cable Management System Market: The global cable management system market size was valued at USD 23.5 billion in 2024 and is projected to grow at a CAGR of 8.2% from 2025 to 2030.

 

 

Key Advanced Ceramics Company Insights

Some of the key players operating in the market include Kyocera Corp. and CoorsTek.

 

·         Kyocera Corp. is a multinational electronics and ceramics manufacturer based in Japan. Its advanced ceramics division offers a wide range of products, including cutting tools, industrial components, and electronic devices. Kyocera's advanced ceramics are known for their high quality, durability, and performance, making them a preferred choice in industries, such as automotive, aerospace, and medical

 

·         CoorsTek is a privately owned manufacturer of technical ceramics based in the U.S. It produces a diverse range of advanced ceramic products, including components for semiconductor manufacturing, medical devices, and industrial equipment

 

Nexceris and Admatec are some of the emerging market participants in the advanced ceramics market.

 

·         Nexceris is an advanced materials company dedicated to developing innovative ceramic technologies for energy, environmental, and industrial applications. Headquartered in the U.S., Nexceris specializes in the design and manufacture of ceramic-based products including solid oxide fuel cells, gas sensors, and catalysts. Leveraging its expertise in materials science and engineering, Nexceris aims to address critical challenges in clean energy and environmental sustainability

 

Key Advanced Ceramics Companies:

The following are the leading companies in the advanced ceramics market. These companies collectively hold the largest market share and dictate industry trends.

 

·         3M

·         AGC Ceramics Co., Ltd.

·         CeramTec GmbH

·         CoorsTek Inc.

·         Elan Technology

·         KYOCERA Corporation

·         Morgan Advanced Materials

·         Murata Manufacturing Co., Ltd.

·         Nishimura Advanced Ceramics Co., Ltd.

·         Ortech Advanced Ceramics

·         Saint-Gobain

 

Order a free sample PDF of the Advanced Ceramics Market Intelligence Study, published by Grand View Research.

 

Comments

Post a Comment

Popular posts from this blog

Global Dimethyl Sulfoxide (DMSO) Industry Growth, Top Players, Regions, Application and Forecast 2019-2023

Dimethyl sulfoxide (DMSO) is a highly polar and water miscible organic liquid. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Dimethyl Sulfoxide (DMSO) Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China). In this report, the global Dimethyl Sulfoxide (DMSO) market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2023, growing at a CAGR of XX% during the period 2019 to 2023. Download Free Sample Report @ https://www.radiantinsights.com/research/global-dimethyl-sulfoxide-dmso-market-research-report-2019-2023/request-sample The report firstly introduced the Dimethyl Sulfoxid
Read more

Micronized PTFE Market Overview, Industry Value Chain, Competitive Landscape, Segmentation by Type and Application 2013-2028

Image
The global Micronized PTFE market was valued at $XX million in 2017, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028. This report provides detailed historical analysis of global market for Micronized PTFE from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Micronized PTFE market. Leading players of Micronized PTFE including: • 3M • Shamrock Technologies • Micro Powder (MPI) • Solvay • AGC • Daikin • Gujarat Fluorochemicals • Chemours (DuPont) • ECO U.S.A • Dreyplas • Reprolon Texas • MAFLON • Fluorez Technology • Tianyuxiang • Norshine • Nanjin Tianshi • Sichuan Chenguang • 3F • Yanggi • Zhejiang Juhua • Shanghai Joule Download Free Sample Report @ https://www.radiantinsights.com/research/2013-2028-report-on-global-m
Read more

Law Enforcement Personal Protective Equipment Market Players: Armorsource LLC, Lakeland Industries, Inc., Avon Rubber PLC, And COFRA SRL

  Law Enforcement Personal Protective Equipment Industry Overview The global  law enforcement personal protective equipment market  size is expected to reach USD 5.24 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.3% from 2019 to 2028. Rising awareness pertaining to officer safety in tactical and riot control situations is anticipated to have a positive impact on the market growth. Growing government procurement globally to produce lightweight advanced protective equipment for law enforcement agencies is expected to boost the market demand over the forecast period. Furthermore, rising government subsidies and donations to law enforcement agencies are likely to boost the demand for personal protective equipment by the officers. The COVID-19 pandemic outbreak has increased the demand for  PPE  in law enforcement agencies as they have to constantly be in touch with the public to perform their duties and also implement soc
Read more