What is Fine Ceramic Market?
Ceramics are defined as a class of inorganic, nonmetallic solids that are exposed to high temperature during manufacture and/or use and the resulting materials are heat resistant or refractory. The composed of oxides, carbides, and nitrides are the most common ceramics. Silicides, tellurides, borides, phosphides and selenides also are used to produce ceramics. Fine Ceramics (also known as "advanced ceramics") are a high-performance subset of the overall family of ceramic materials which are used in a range of advanced-technology industries, including electronics.
The market study is being classified by Type (Oxide Ceramics [Alumina, Zirconia], Non-Oxide Ceramics [Carbides, Borides, Nitrides, Silicides] and Ceramic-Based Composites), by Application (Electrical and Electronics, Automotive, Machinery, Medical and Others) and major geographies with country level break-up.
Kyocera (Japan), Toray (Japan), KFCC (South Korea), JAPAN FINE CERAMICS (Japan), CeramTec (Germany), Ceradyne (3M Company) (United States), CoorsTek (United States), Morgan Advanced Materials (United Kingdom), McDanel Advanced Ceramic Technologies (United States), Saint-Gobain (France) and Blasch Ceramics (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Momentive Performance Materials Inc. (Ireland) and Rauschert Steinbach GmbH (Germany).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Japanese and United States Vendors will contribute to the maximum growth of Global Fine Ceramic market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Fine Ceramic market by Type, Application and Region.
On the basis of geography, the market of Fine Ceramic 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Surging Adoption of Substitute to Glass, Metals, and Plastics
- Increasing Defense Expenditure on Advanced Materials and Technologies
Market Trend
- Increasing in Expenditure for New Innovations
- Cost Reduction in Production Lines by Using High Purity Ceramics in High-Temperature Applications
Restraints
- Low Adoption Rate in Newer Applications
Opportunities
- Increasing Demand in ICT Industries
- Rising Demand in Medical Industry and Growth of Nanotechnology
Challenges
- Recyclability and Reparability Pertaining Issues
Key Target Audience
Manufacturers of Fine Ceramic, Suppliers of Fine Ceramic, Wholesalers, Distributors and Retailers of Fine Ceramic, Electrical & Electronics Industry, Automobile Industry, Raw Material Suppliers and Governmental Bodies