Advanced Ceramics Market Rising Growth, Emerging Scope, Estimated Forecast to 2027
Advanced Ceramics Market to
Reach USD 146.12 Billion By
2026 | Saint-Gobain Ceramic
Materials , Asahi Glass Co.,
Corning
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Market Summary
Rising demand from electrical and electronics,
medical, and automotive industries and government
regulations are the major factors influencing market
growth.
Market Size – USD 72.79 Billion in 2018, Market
Growth - CAGR of 8.6%, Market Trends –
High performing capability of the product and
increased demand from various industries are
responsible for the growth opportunities of the
global market.
M a Orkuetr S Aumpmparroyach
The global Advanced Ceramics Market is estimated to reach USD 146.12 Billion by 2026, according to a new report
by Reports and Data. This can be mainly associated with the increasing use of advanced ceramics in several end-
user industries such as electronic and electrical, medical, and machinery industries. The market for advanced
ceramics are adopted at a rapid rate as an alternative to plastics and metals, due to the increasing awareness
regarding the eco-friendly advantages such as durability, biodegradability, and extensive tensile strength. The
growth in various end-use products’ demand & industrial development are vital factors promoting the need for
advanced ceramics, which is, propelling the overall growth of the market globally.
The rapid use of coated machinery components has shifted the inclination of the consumers to advanced coatings,
and the technological improvements in deposition processes are anticipated to bring new market opportunities.
APAC accounts for the largest market share of 33.70% in 2018 and is anticipated to grow at a CAGR of 8.5% over the
forecast period owing to accelerated industrialization in these regions. The growth of the main end-use industries
such as the infrastructure/construction sectors mainly in Asian countries such as India and China are expected to
encourage the advanced ceramics market.
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M a r kOeut Sru Ampmparyoach
Further key findings from the report suggest
• Advanced ceramics are primarily used in the manufacturing of electronic and electrical equipment
owing to their substantial electrical conductivity and high acid resistance. Increasing demand for
consumer electronics, particularly in APAC countries such as China and India, is presumed to impact
positively on industry growth over the forecast period.
• Titanite market of the material segment is valued at USD 21.32 billion in 2018 and is estimated to
reach USD 42.81 billion by 2026, at a CAGR of 8.6%. Titanite or aluminum titanite possesses the
most active thermal shock resistance in the material segment. Product made of this material tends
to endure under high temperatures of various hundred degrees.
• The bioceramics market of the application segment is valued at USD 13.10 billion in 2018 and is
estimated to reach USD 26.30 billion by 2026 at a CAGR of 8.6% during the forecast period. They are
inert materials and possess exceptional strength and wear resistance. Therefore, they are widely
utilized in surgical implants like dental and bone. Commonly used materials in this section include
aluminum oxide and zirconia oxide. These are mainly used in the manufacturing of dental and
orthopedic implants.
To identify the key trends in the industry, click on the link below @
https://www.reportsanddata.com/report-detail/advanced-ceramics-market
M a r kOeut Sru Ampmparyoach
Key participants : Saint-Gobain Ceramic Materials , Asahi Glass Co., Corning Inc., Advanced Ceramic
Manufacturing, LLC., Kyocera Corporation., Coorstek Inc., Ceramtec GmbH, Morgan Advanced Materials
PLC, Morimura Group, Rauschert Steinbach GmbH
For the purpose of this report, Reports and Data have segmented global Advanced Ceramics Market on
the basis of Type, Material, End Users, Application and region:
Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
Monolithic ceramics
Ceramic coatings
Ceramic matrix composites
M a rOkeut rSu Ampmparyoach
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
Electrical equipment
Electronic devices
Wear parts
Bioceramics
Others
Material Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
Alumina
Titanate
Zirconate
Aluminum nitride
Silicon carbide
Others
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A b oOuutr U Aspproach
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