Advanced ceramics continue to spark a notable interest in the high-performance engineering applications, with a foreseen phenomenal growth potential in defense and aerospace. Advanced ceramics sales surpassed 40,500 MT in 2018,according to a recent Fact.MR study. Advanced ceramics have already sought extensive demand in electronics & power, and industrial & metallurgical applications, collectively accounting for approximately 60% of overall sales in 2018.
As the shift toward low-carbon economy becomes pervasive, key players in the advanced ceramics market are eyeing potential gains from the piezoelectric space. Government and private equity investments in the energy-harvesting technologies have significantly advocated developments in piezoelectric sensors and transducers, in turn alluding bright prospects for advanced ceramics in the electronics and power applications.
Advanced ceramics consumption in industrial and metallurgical applications can be attributed to remarkable advances in alloy and metal manufacturing, which have paved ground for modern-day revolution in material technologies. The rise of smart factories is another demand determinant of advanced ceramics, as technologies such as artificial intelligence, IoT, robotics and automation gain momentous palpability.
Request a report sample to gain comprehensive market insights at
Advanced Ceramics Market – Segmentation
Monolithic Ceramics at the Forefront, Despite Remarkable Sales Prospects of Ceramic Coatings and CMCs
Monolithic ceramics prevail as the preferred class of advanced ceramics, with significant evolution in their development patterns. Enhanced performance attributes of monolithic ceramics, including stability, flexibility, toughness, and resilience, continue to underpin their supremacy over other advanced ceramic variants. According to the study, despite remarkable sales prospects foreseen for the ceramic coatings and ceramic matrix composites (CMCs), monolithic ceramics will continue to spearhead the advanced ceramics market, with over 80% of overall volume sales.
Get Customization on this Research Report for specific research solutions
Ceramic coatings and CMC sales are likely to record a relatively faster growth in sales, as these have been deemed to hold higher specific strength over larger temperature range, along with greater damage tolerance, than monolithic ceramics. However, the affordable nature of monolithic ceramics compared to other variants, and higher fracture toughness, will continue to underpin their reign in the advanced ceramics market.
Alumina ceramics will continue to clasp a significant share of the advanced ceramics market, backed by the fact that alumina-based composites are integral requirements for fabrication of monolithic specimens. Popularity of alumina ceramics as a desirable material is undergird by its ability to form convolute shapes, while facilitating transparency and precision at both large and small dimensions, at reduced cost.
Silicon nitride-based composites have also been a vital component of monolithic ceramics, which in turn has added to their popularity in the advanced ceramics market. Currently, alumina ceramics and silicon nitride collectively account for nearly 6 in 10 MT of advanced ceramics sold worldwide.
APEJ Reigns Supreme in Advanced Ceramics Consumption
Sovereignty of Asia-Pacific excluding Japan in the advanced ceramics market shows no signs of abating, underpinned by key aspects that include competitive manufacturing prices, significant economic growth, and rapid momentum of end-use verticals in the region. With the aim of region’s developing economics such as China and India to become global leaders in automobile manufacturing in terms of cutting edge vehicle electrification technologies, demand for advanced ceramics will continue to remain robust in the region. Apart from demand for electroceramics, resurgent growth in the residential construction, coupled with various infrastructure development projects, is a significant growth determinant for the advanced ceramics market in APEJ.
Full Access of this Report Is Available at
Recent developments in the ceramic science have meant that costly fabrication techniques are near redundancy. Producing robust transparent ceramic items, while retaining the translucency, is gaining momentous focus among key players in the advanced ceramics market, abreast efforts to address structural heterogeneities. This will further pave ground for developments in advanced ceramics in the upcoming years.
This report of Fact.MR also offers a detailed forecast of the advanced ceramics market for the period, 2018 to 2027. The advanced ceramics market is envisaged to record an impressive CAGR of nearly 7% through 2027.
Additional Questions Answered
The report also offers answers to other important queries associated with the advanced ceramics market, such as
- What will be the advanced ceramics market size in 2019?
- Which region is most lucrative for advanced ceramics market?
- What is the application scope of advanced ceramics in aerospace & defense?
- What is the volume share of alumina ceramics and silicon nitride in advanced ceramics market?
Advanced Ceramics Market
Morgan Advanced Materials, plc
McDanel Advanced Ceramic Technologies
Rauschert Steinbach GmbH
The 3M Company
Carborundum Universal Limited (CUMI)
Nishimura Advanced Ceramics
For More Insights
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-1583
The post Demand for Monolithic Ceramics Is Envisaged to Record an Impressive CAGR of Nearly 7% through 2027 appeared first on The Tribune City.
Why pay for news and opinions when you can get them for free?
Subscribe for free now!
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
FINANCE4 days ago
Backpack Raises $17 Million Strategic Series A Round Led by Placeholder VC
NEWS4 days ago
Record year for wind farms raises hope for EU green energy goals
NEWS1 day ago
M&A may breathe new life into Europe’s neglected telecoms
NEWS4 days ago
Russia diamond producer Alrosa’s annual net profit drops 15.2%