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global technical ceramics market Report 2017: Qualitative analysis of the leading players and competitive industry scenario | Forecast Till 2023


global technical cer

iCrowdNewswire   Jan 7, 2021  3:30 AM ET

Market Overview:

The global technical ceramics market is being driven by a range of application in various end-use industries such as automotive, energy & power, pharmaceuticals, military & defense and other. Moreover, it is estimated that the electrical and electronics industry is set to witness the highest growth due to the growing consumption in applications such as core materials, circuit carriers, and ceramic substrates in the forecast period, 2017-2023.

 It is extensively used in applications such as medical devices, transport equipments, sports equipments, armour material, circuit carriers and others.

Market Scenario:

The properties such as corrosion resistance, heat resistance makes the use of technical ceramics in applications such as sensors in cars, circuit carries and other electronics components.

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Regional Analysis:

North America is another dominant region in the global market, exhibiting an expanding CAGR. The presence of three big automobile companies namely General Motors, Ford, and Fiat Chrysler has augmented the overall demand for technical ceramics from the automobile industry.

Furthermore, developed end user industries such as electrical and electronics and pharmaceutical coupled with the increasing adoption rate are other factors adding to the growth of the market. The U.S. and Canada are the major countries attributing to the growth of the market. North America is another dominant region in the global market, exhibiting an expanding CAGR. The presence of three big automobile companies namely General Motors, Ford, and Fiat Chrysler has augmented the overall demand for technical ceramics from the automobile industry.

Furthermore, developed end user industries such as electrical and electronics and pharmaceutical coupled with the increasing adoption rate are other factors adding to the growth of the market. The U.S. and Canada are the major countries attributing to the growth of the market.

Market Segmentation:

The global technical ceramics market is segmented into product type, material, and end-user. On the basis of the product type, the market is segregated into monolithic ceramics, ceramic matrix composites, ceramic coatings and others. The market by material is segmented into oxide and non-oxide. The market by end user industry is further categorized into electronics & semiconductor, automotive, energy & power, pharmaceuticals, military & defense and others.

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Competitive Analysis:

Some of the prominent players operating in the global technical ceramics market CeramTec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials (U.K), Saint-Gobain Ceramic Materials (U.S.), McDanel Advanced Ceramic Technologies (U.S.), 3M Company (U.S.), Rauschert Steinbach GmbH (Germany), Dyson Technical Ceramics Limited (U.K), Superior Technical Ceramics (U.S.),  and NGK Spark Plug Co., Ltd. (Japan) among others.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.



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