Product Code: 978-1-68038-914-2
Advanced Ceramics Market Growth & Trends:
The global advanced ceramics market size is expected to reach USD 147.34 billion by 2030, registering a CAGR of 4.0% according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.0% from 2023 to 2030. Increasing demand for high-performing lightweight materials in industries such as telecom, automotive, aerospace, and medical is propelling the market growth.
Advanced ceramics, also referred to as engineered or technical ceramics, are developed to withstand harsh environments. They are manufactured from high-purity and inorganic compounds. They can be differentiated from traditional ceramics based on their raw materials, structures, manufacturing processes, and functionalities.
The global demand for advanced ceramics is increasing owing to their enhanced characteristics. These are used for developing specialized components with improved mechanical and physical properties for use in different industries based on their requirements. They are used for manufacturing 3D printed components, solid oxide fuel cells, piezoelectric ceramics, multi-component ceramic slurries, ceramic tapes, and ceramic fiber composites.
After the decline in 2020 owing to COVID-19, the market picked up pace in 2021 and is expected to witness steady growth over the forecast period. Advanced ceramic materials exhibit a very high degree of industrial efficiency. This results in their rising demand for use in heavy machinery, automotive, energy, cutting tools, and defense applications. The rise in defense budgets in countries such as the U.S. and China has played a key role in propelling product demand in the last few years and this trend is expected to continue over the forecast period.
The market is competitive on account of rising product demand and the presence of established players, which are integrated across different stages of the value chain to sustain their market share. Market players are adopting strategies like acquisition and new product development to cater to the growing product demand in different applications and expand their consumer reach and presence.
For instance, in February 2022, Tata Steel Advanced Materials Limited (TSAML) executed an agreement to acquire a 90% equity stake in Ceramat Private Limited (CPL). Advanced ceramics has been identified as a material with immense growth potential by Tata Steel, especially in the medical sector, which compelled it to acquire CPL through its subsidiary. Tata Steel aims to set up a production facility for medical materials through CPL. Such investments indicate a steady growth trajectory for the market over the coming years.
Advanced Ceramics Market Report Highlights:
- Asia Pacific is expected to expand at the highest CAGR over the forecast period. Rising investments in electronics, EVs, and medical industry-related production facilities in the region are propelling the segment growth
- Based on material, zirconate is expected to witness considerable growth over the forecast period. Its increasing demand, especially in the medical industry, is anticipated to boost product demand over the coming years
- By application, electronic devices held the largest share of more than 47.0% in 2022 and this trend is expected to continue over the forecast period. Growing investments in the semiconductor technology and the telecom industry, coupled with the rising demand for gadgets such as laptops and smartphones, are fueling the segment growth
- On the basis of end-use, the medical segment is expected to grow at a significant rate across the forecast period. Growing R&D in the medical sector, especially after the pandemic, increasing penetration of advanced ceramic in medical equipment owing to its properties, and rising dental and orthopedic patients worldwide are anticipated to augment segment growth
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Data Analysis Models
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Ceramics Market
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.3. Manufacturing Trends & Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Advanced Ceramics Market: Material Estimates & Trend Analysis
- 4.1. Advanced Ceramics Market: Material Movement Analysis, 2022 & 2030
- 4.2. Alumina
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Titanate
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Zirconate
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5. Aluminum Nitride
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.6. Silicon Carbide
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.7. Silicon Nitride
- 4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Advanced Ceramics Market: Product Estimates & Trend Analysis
- 5.1. Advanced Ceramics Market: Product Movement Analysis, 2022 & 2030
- 5.2. Monolithic
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Ceramic Coatings
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Ceramic Matrix Composites
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Advanced Ceramics Market: Application Estimates & Trend Analysis
- 6.1. Advanced Ceramics Market: Application Movement Analysis, 2022 & 2030
- 6.2. Electrical Equipment
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3. Catalyst Supports
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4. Electronic Devices
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5. Wear Parts
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6. Engine Parts
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7. Filters
- 6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.8. Bioceramics
- 6.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.9. Others
- 6.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Advanced Ceramics Market: End-Use Estimates & Trend Analysis
- 7.1. Advanced Ceramics Market: End-Use Movement Analysis, 2022 & 2030
- 7.2. Electrical & Electronics
- 7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3. Automotive
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4. Machinery
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5. Environmental
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6. Medical
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7. Others
- 7.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8. Advanced Ceramics Market: Regional Estimates & Trend Analysis
- 8.1. Regional Analysis, 2022 & 2030
- 8.2. North America
- 8.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.2.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.2.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.2.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.2.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.2.6. U.S.
- 8.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.2.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.2.6.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.2.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.2.6.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.3.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.3.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.3.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.3.6. Germany
- 8.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.3.6.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.3.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.3.6.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.3.7. U.K.
- 8.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.7.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.3.7.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.3.7.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.3.7.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.4.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.4.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.4.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.4.6. China
- 8.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.4.6.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.4.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.4.6.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.4.7. India
- 8.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.7.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.4.7.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.4.7.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.4.7.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.5. Central & South America
- 8.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.5.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.5.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.5.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.5.6. Brazil
- 8.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.5.6.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.5.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.5.6.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.6.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.6.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 8.6.6. Saudi Arabia
- 8.6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.6.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 8.6.6.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 8.6.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 8.6.6.5. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Ranking
- 9.4. Heat Map Analysis
- 9.5. Vendor Landscape
- 9.5.1. List of raw material supplier, key manufacturers, and distributors
- 9.5.2. List of prospective end-users
- 9.6. Strategy Mapping
- 9.7. Company Profiles/Listing
- 9.7.1. 3M
- 9.7.1.1. Company overview
- 9.7.1.2. Financial performance
- 9.7.1.3. Product benchmarking
- 9.7.2. AGC Ceramics Co., Ltd.
- 9.7.2.1. Company overview
- 9.7.2.2. Financial performance
- 9.7.2.3. Product benchmarking
- 9.7.3. CeramTec GmbH
- 9.7.3.1. Company overview
- 9.7.3.2. Financial performance
- 9.7.3.3. Product benchmarking
- 9.7.4. CoorsTek Inc.
- 9.7.4.1. Company overview
- 9.7.4.2. Product benchmarking
- 9.7.5. Elan Technology
- 9.7.5.1. Company overview
- 9.7.5.2. Product benchmarking
- 9.7.6. KYOCERA Corporation
- 9.7.6.1. Company overview
- 9.7.6.2. Product benchmarking
- 9.7.7. Morgan Advanced Materials
- 9.7.7.1. Company overview
- 9.7.7.2. Product benchmarking
- 9.7.8. Murata Manufacturing Co., Ltd.
- 9.7.8.1. Company overview
- 9.7.8.2. Product benchmarking
- 9.7.9. Nishimura Advanced Ceramics Co., Ltd
- 9.7.9.1. Company overview
- 9.7.9.2. Product benchmarking
- 9.7.10. Ortech Advanced Ceramics
- 9.7.10.1. Company overview
- 9.7.10.2. Financial performance
- 9.7.10.3. Product benchmarking