Technical Ceramics Market Size, Share & Industry Analysis, By Material (Oxide, Non-Oxide), By Product (Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings, Others), By Application (Electronics & Semiconductors, Automotive, Energy & Power, Medical, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104604 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Technical Ceramics also called as engineering ceramics or high performance ceramics are inorganic ceramics with exceptional thermal and physical properties. These are one of the most advanced and efficient types of material used in recent times. These ceramics are highly specialized ceramic materials with unique biochemical, mechanical, thermal and electrical properties which can also be further optimized according to the requirements.

High demand for technical ceramics from electronic and electrical sector shall drive the market. superior properties like semi conductivity, non-linear resistance, temperature stability, stiffness are the factors influencing the adoption of technical ceramics in various end-sectors. Additionally, increasing demand from other end-use sectors like construction, automotive, power & energy and other.

However, technical ceramics are difficult to repair and recycle. Issues regarding the recyclability and reparability is expected to limit the market growth.

Key Market Driver -

Increasing demand due to superior properties.

Key Market Restraint -

Reparability and recyclability of technical ceramics

Market Segmentation:

Based on material, the global technical ceramics market is segmented oxide and non-oxide. Based on product, the market is segmented into monolithic ceramics, composite ceramic matrix, ceramic coatings and others. Based on application, market is segmented into electronics & semiconductors, automotive, energy & power, medical, and other applications.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global technical ceramics market consists of global & regional players operating. Some of the key players in the market include CoorsTek, Inc., Kyocera Corporation, Saint-Gobain Ceramic Materials, CeramTec GmbH, Morgan Advanced Materials, and others.

Key Insights

New Advancements in Production Technologies

Key Trends in the Technical Ceramics Market

New Product Launches, Expansions, Key Players

Ranking of Key Players in the Market

Regional Analysis:

The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia pacific is estimated to hold the largest share in market due to the increasing population and their per capita disposable income. Moreover, growing construction and industrial sector shall drive the regional market. North America is expected to show significant growth attributed to increasing demand from automotive and electronic sector. High demand from pharmaceutical and healthcare sector for ultrasonic cleaners, lithotripters and orthopedics shall boost the regional growth of European market. Latin America & Middle East & Africa shall exhibit sluggish growth by the end of forecast period.

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Segmentation

ATTRIBUTE	DETAILS
By Material	Oxide Non-Oxide
By Product	Monolithic Ceramics Ceramic Matrix Composites Ceramic Coatings Others
By Application	Electronics & Semiconductors Automotive Energy & Power Medical Others
By Geography	North America (U.S., and Canada) Europe (Germany, UK, France, Italy, and Rest of Europe) Asia Pacific (China, India, Japan, and Rest of Asia Pacific) Latin America (Mexico, Brazil, and Rest of Latin America) Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)

Technical Ceramics Industry Developments

In May 2019, Kyocera Corporation announced the acquisition with Friatec GmbH, a Germany based ceramics company. Kyocera acquired the advanced ceramics business of Friatec to expand its reach in European market

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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