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Advanced Ceramics Market Share, Size & Trends 2031
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Advanced Ceramics Market Share, Size & Trends 2031

Segments - Advanced Ceramic Market by Material Types [Titanate, Alumina, Silicon Carbide, Zirconia, Silicon Nitride, Aluminum Nitride, Pyrolytic Boron Nitride, Magnesium silicate, and Other Material Types], Class Types [Ceramic Matrix Composites, Monolithic Ceramics, and Other Coatings], End-user Industry [Medical, Electronics and Electrical, Industrial, Transportation, Chemical, Defense and Security, and Other End-user Industries], and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-822 | 4.5 Rating | 73 Reviews | 168 Pages | Format : PDF Excel PPT

Report Description


Advanced Ceramic Market Outlook 2031

The advanced ceramics market size was valued at USD 100.67 Billion in 2022 and is anticipated to reach USD 241.29 by 2031, expanding at a CAGR of 10.2% during the forecast period, 2023 – 2031. The growth of the market is attributed to the growing demand for modern consumer electronic, use of advanced ceramics in electronic circuit and components, and dielectric and ferroelectric properties of product.

The advanced ceramics are generally described as nonmetallic and inorganic solids that are made up from powdered materials and manufactured into products over the application of heat and show characteristic properties such as strength, hardness, brittleness, and low electrical conductivity.

Global Advanced Ceramic Market Outlook

The Covid-19 pandemic affected the demand and supply of advanced ceramics market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

  • High demand for electronic sensor and power electronic is the major factors fueling the market.
  • Strict regulations on ceramic market are anticipated to restrict market growth during the forecast period.
  • High price of advanced ceramics is projected to hamper the market expansion in the coming years.
  • R&D investment and technological advancement in advanced ceramics is projected to create lucrative opportunities for the market players.

Scope of The Advanced Ceramic Market Report

The report on the advanced ceramics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Advanced Ceramics Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016-2021

Forecast Period

2023-2031

Segmentation

Material Types [Titanate, Alumina, Silicon Carbide, Zirconia, Silicon Nitride, Aluminum Nitride, Pyrolytic Boron Nitride, Magnesium silicate, and Other Material Types], Class Types [Ceramic Matrix Composites, Monolithic Ceramics, and Other Coatings], End-user Industry [Medical, Electronics and Electrical, Industrial, Transportation, Chemical, Defense and Security, and Other End-user Industries]

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

SandS Advance Ceramics, Morgan Advanced Materials Plc, Kyocera Corp., 3M Co., CeramTec GmbH, Advanced Ceramics Manufacturing, CoorsTek Inc., SCHOTT AG, McDanel Advanced Ceramic Technologies LLC, and Corning Inc.

Advanced Ceramic Market Segment Insights

The electronics and electrical segment is projected to hold a major market share

Based on end-users, the advanced ceramics market is fragmented into medical, electronics and electrical, industrial, transportation, chemical, defense and security, and other end-user industries. The electronics and electrical segment is estimated to expand at a high CAGR during the forecast period. Growth of the market is attributed to growing demand for modern consumer electronic and high demand for electronic components.

However, the medical segment is anticipated to expand at rapid peace during the forecast period due to factors such as rising awareness about advanced ceramics, ferroelectric properties of advanced ceramics product, and increased uses in wind turbines.

Global Advanced Ceramic Market End User Industry

The alumina segment accounts for key share of the market and expected to grow at a rapid pace

On the basis of material types, the advanced ceramics market is divided into titanate, alumina, silicon carbide, zirconia, silicon nitride, aluminum nitride, pyrolytic boron nitride, magnesium silicate, and other material types. The alumina segment accounts for a key share of the market. Growth of the market is attributed to increased uses in photovoltaic modules and use of advanced ceramics in electronic circuit.

However, the zirconia is anticipated to expand at rapid peace during the forecast period due to factors such as increasing demand for advanced ceramics electronic sensors, rapid development in electronic technology, and growing demand for advanced ceramics in medical industry.

Advanced Ceramic Market Material Types

The ceramic matrix composites segment is projected to expand at a high CAGR during the forecast period

Based on class types, the advanced ceramics market is categorized into ceramic matrix composites, monolithic ceramics, and ceramic coatings. The ceramic matrix composite is sub-segment of advanced ceramics; they consist of ceramic fibers placed in a ceramic matrix. The matrix and the fibers both are made up from ceramic material, through which carbon fibers and carbon can also be considered as a ceramic material.

The monolithic ceramics are divided by their special features, such as durability, resistance to high temperatures, and reliability, which makes them essential for more demanding applications. The ceramic coating is a chemical solution that is applied on the exterior part to protect the vehicle from external paint damage.

The market in Asia Pacific is estimated to hold major market share

On the basis of regions, the advanced ceramics market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to expand at a high CAGR during the forecast period due to growing demand from medical industry, increased uses in photovoltaic modules, and high demand for electronic sensors.

The market of Asia Pacific is expected to hold major market share due to ongoing advancement in electronic technology, use of advanced ceramics in electronic components, and dielectric and ferroelectric properties of product.

 

Global Advanced Ceramic Market Regions

Segments


The advanced ceramics market has been segmented on the basis of

Material Types

  • Titanate
  • Alumina
  • Silicon Carbide
  • Zirconia
  • Silicon Nitride
  • Aluminum Nitride
  • Pyrolytic Boron Nitride
  • Magnesium silicate
  • Other Material Types

Class Types

  • Ceramic Matrix Composites
  • Monolithic Ceramics
  • Other Coatings

End-User Industry

  • Medical
  • Electronics and Electrical
  • Industrial
  • Transportation
  • Chemical
  • Defense and Security
  • Other End-user Industries

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • SandS Advance Ceramics
  • Morgan Advanced Materials Plc
  • Kyocera Corp.
  • 3M Co.
  • CeramTec GmbH
  • Advanced Ceramics Manufacturing
  • CoorsTek Inc.
  • SCHOTT AG
  • McDanel Advanced Ceramic Technologies LLC
  • Corning Inc.

Competitive Landscape

Key players competing in the advanced ceramics market includes SandS Advance Ceramics, Morgan Advanced Materials Plc, Kyocera Corp., 3M Co., CeramTec GmbH, Advanced Ceramics Manufacturing, CoorsTek Inc., SCHOTT AG, McDanel Advanced Ceramic Technologies LLC, and Corning Inc.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

 Global Advanced Ceramic Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Advanced Ceramics Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Advanced Ceramics Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Advanced Ceramics Market - Supply Chain
  4.5. Global Advanced Ceramics Market Forecast
     4.5.1. Advanced Ceramics Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Advanced Ceramics Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Advanced Ceramics Market Absolute $ Opportunity
5. Global Advanced Ceramics Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Advanced Ceramics Market Size and Volume Forecast by End Users
     5.3.1. Medical
     5.3.2. Electronics and Electrical
     5.3.3. Industrial
     5.3.4. Transportation
     5.3.5. Chemical
     5.3.6. Defense and Security
     5.3.7. Other End-user Industries
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Advanced Ceramics Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Advanced Ceramics Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Advanced Ceramics Demand Share Forecast, 2019-2026
7. North America Advanced Ceramics Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Advanced Ceramics Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Advanced Ceramics Market Size and Volume Forecast by End Users
     7.4.1. Medical
     7.4.2. Electronics and Electrical
     7.4.3. Industrial
     7.4.4. Transportation
     7.4.5. Chemical
     7.4.6. Defense and Security
     7.4.7. Other End-user Industries
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Advanced Ceramics Demand Share Forecast, 2019-2026
8. Latin America Advanced Ceramics Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Advanced Ceramics Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Advanced Ceramics Market Size and Volume Forecast by End Users
     8.4.1. Medical
     8.4.2. Electronics and Electrical
     8.4.3. Industrial
     8.4.4. Transportation
     8.4.5. Chemical
     8.4.6. Defense and Security
     8.4.7. Other End-user Industries
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Advanced Ceramics Demand Share Forecast, 2019-2026
9. Europe Advanced Ceramics Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Advanced Ceramics Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Advanced Ceramics Market Size and Volume Forecast by End Users
     9.4.1. Medical
     9.4.2. Electronics and Electrical
     9.4.3. Industrial
     9.4.4. Transportation
     9.4.5. Chemical
     9.4.6. Defense and Security
     9.4.7. Other End-user Industries
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Advanced Ceramics Demand Share Forecast, 2019-2026
10. Asia Pacific Advanced Ceramics Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Advanced Ceramics Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Advanced Ceramics Market Size and Volume Forecast by End Users
     10.4.1. Medical
     10.4.2. Electronics and Electrical
     10.4.3. Industrial
     10.4.4. Transportation
     10.4.5. Chemical
     10.4.6. Defense and Security
     10.4.7. Other End-user Industries
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Advanced Ceramics Demand Share Forecast, 2019-2026
11. Middle East & Africa Advanced Ceramics Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Advanced Ceramics Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Advanced Ceramics Market Size and Volume Forecast by End Users
     11.4.1. Medical
     11.4.2. Electronics and Electrical
     11.4.3. Industrial
     11.4.4. Transportation
     11.4.5. Chemical
     11.4.6. Defense and Security
     11.4.7. Other End-user Industries
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Advanced Ceramics Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Advanced Ceramics Market: Market Share Analysis
  12.2. Advanced Ceramics Distributors and Customers
  12.3. Advanced Ceramics Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. SandS Advance Ceramics
     12.4.2. Morgan Advanced Materials Plc
     12.4.3. Kyocera Corp.
     12.4.4. 3M Co.
     12.4.5. CeramTec GmbH
     12.4.6. Advanced Ceramics Manufacturing
     12.4.7. CoorsTek Inc.
     12.4.8. SCHOTT AG
     12.4.9. McDanel Advanced Ceramic Technologies LLC
     12.4.10. Corning Inc.

Methodology

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