About Advanced Ceramics
Advanced Ceramics, which show very specific properties and cannot be replaced by other materials, play an important role in the performance of numerous types of equipment and devices. Advanced ceramics have a wide-range of electrical properties, including insulating, superconducting, piezoelectric, magnetic, and semi-conducting properties. Progressively, these electrical components, such as sensors, antennas, and resistors, and capacitors, are getting smaller and more capable. Therefore, that is projected the growth of the advanced ceramics market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is quite fragmented and comprises various market players operating at global and regional levels. The report highlights every activity of each market player such as global standing, license agreement, revenue share, and product base. In addition, the report offers details about different strategies such as mergers and acquisitions, collaborations, joint ventures, and partnerships to retain their market position and enhance their product portfolio. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Advanced Ceramics market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M (United States), Applied Ceramics (Georgia), Blasch Precision Ceramics, Inc. (United States), CeramTec (Germany), COI Ceramics Inc. (United States), CoorsTek, Inc.(United States), Saint-Gobain (France), H.C. Starck GmbH (United States), International Ceramic Engineering (ICE) (United States) and Kyocera Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Materion Corporation (United States), McDanel Advanced Ceramic Technologies (United States) and Morgan Advanced Materials PLC (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Advanced Ceramics market by Type (Monolithic Ceramics, Ceramic Coatings, Ceramic Matrix Composites and Multilayer Ceramics) and Region.
On the basis of geography, the market of Advanced Ceramics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Alumina will boost the Advanced Ceramics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Aerospace will boost the Advanced Ceramics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Usage in Photovoltaic Modules, Wind Turbines, and Pollution Control Application
Market Growth Drivers:
Increasing demand for Consumer Electronics and Rising in Use as an Alternative to Metals and Plastics and the Growing Demand in the Medical Industry
Challenges:
Competition from Alternative Materials like Polymers and Composites
Restraints:
Lack of Standardized Production and Testing Methods and High Production Cost
Opportunities:
Increasing Demand from Aerospace and Defense due to its Lightweight and High-Strength Materials
Market Leaders and their expansionary development strategies
In October 2023, CoorsTek, a leading manufacturer of high-performance technical ceramics, announced the acquisition of Westfall Ceramics, a specialist in engineered ceramic components for the aerospace and defense industries. This acquisition will allow CoorsTek to expand its product offerings and customer base in the aerospace and defense markets.
In November 2023, CeramTec acquired CeramTec-Hermsdorf GmbH, a leading manufacturer of advanced ceramic components for various industrial applications. This acquisition strengthens CeramTec's position in the market and expands its product portfolio.
Key Target Audience
Advanced Ceramic Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.