Technical ceramics are finding increasing acceptance in various applications, such as electronics & semiconductors, automotive, medical, energy & power, and so on. They possess the properties such as high-temperature stability, hardness, and low thermal expansion, and are used in various electronics & semiconductor applications.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139808305
This report estimates the market size for technical ceramics by material type, by product type, end-use industry, and region, in terms of value & volume. The global technical ceramics market was projected to grow with a CAGR of 6.44% between 2016 and 2021, in terms of value. Improved environmental resistances are the major driver for the technical ceramics market. The trend of using technical ceramics applications in various end-use industries, due to its high-temperature stability and low thermal expansion properties, is projected to increase the global technical ceramics market.
Asia-Pacific dominated the technical ceramics market in 2015, in terms of value & volume, followed by North America and Europe. The developed regions, such as Europe and North America, are relatively mature markets compared with Asia-Pacific and RoW. Asia-Pacific is projected to witness the highest growth rate between 2016 and 2021. The market in this region is experiencing increase in the demand for technical ceramics from electronics & semiconductor, energy & power, medical, automotive, industrial, military & defense, and other end-use industries. In Asia-Pacific, India is projected to be the market with the highest CAGR during the forecast period. China has been an export-oriented country; however, the growing domestic demand is expected to increase the domestic consumption of technical ceramics.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=139808305
In the end-use industry segment, the medical industry is projected to witness the highest growth rate between 2016 and 2021. The demand is driven by the increasing use of technical ceramics in medical devices and implants that are used for bone and tooth replacement.
The non-oxide segment of the market is estimated to register the highest CAGR between 2016 and 2021. The demand for non-oxide technical ceramics is growing due to their physical properties such as high-temperature stability, hardness, low thermal expansion, and electrical insulation. These are the major factors driving the non-oxide ceramics market.
The key players in the technical ceramics market are CeramTec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials (U.K.), Saint-Gobain Ceramic Materials (U.S.), McDanel Advanced Ceramic Technologies (U.S.), Ceradyne, Inc. (3M Company) (U.S.), Rauschert Steinbach GmbH (Germany), Dyson Technical Ceramics Limited (U.K.), Superior Technical Ceramics (U.S.), NGK Spark Plug Co., Ltd. (Japan), and other local players.
Buy this Premium Research Report at https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=139808305
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Address:630 Dundee Road Suite 430
State: IL 60062
Country: United States