News

News

Advanced Ceramics Market Worth $133.9 Billion By 2025 | CAGR: 9.1%

Date: 2019-07-16
Views: 166

The global advanced ceramics market size is expected to reach USD 133.9 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 9.1% during the forecast period. High performing capabilities of the product, such as enhanced magnetic, optical, thermal, and electrical conductivity, and chemical inertness, is a major factor responsible for their adoption in various end-use industries, including electrical and electronics, automotive, and healthcare.

 

Materials such as silicon carbide, aluminum nitride, alumina, zirconia, and titania are some of the key materials used in the manufacturing of the product. The most significant products include coatings, monolithics, and ceramic matrix composites.

 

Advanced ceramics are mainly used in the manufacturing of electronic and electrical equipment owing to their strong electrical conductivity and high corrosive resistance. Increasing demand for consumer electronics, particularly in Asia Pacific countries such as India and China, is expected to have a positive impact on industry growth over the forecast period.

 

It is also utilized in applications such as armor, wear components, cutting tools, and engines. Performance and high quality are vital advantages of advanced ceramics that drive their use in numerous applications. Growth in the market has resulted from both traditional applications, such as engine parts, as well as new applications like bioceramics, which are used in body implants. Widespread utilization of the product in automotive heat engines, such as gas turbines and diesel engines, industrial heat exchangers, medical devices and implants, and electrochemical devices, is estimated to drive the industry over the forecast period.

 

The market is characterized by integration through raw material manufacturing, production, and distribution to various end-use industries. Integration through several stages of the value chain results in continuous supply of raw materials as well as it lowers the manufacturing cost.

 

Companies such as TAM Ceramics, 3M, Honeywell, and International General Electric Company are integrated market participants who are engaged in manufacturing raw material, advanced ceramics products, and distribution to various end-use industries.

 

Via: https://www.grandviewresearch.com/press-release/global-advanced-ceramics-market


News / Recommended news More
2019 - 08 - 21
Samples of the new ceramic aerogel, which is incredibly lightweight and can withstand intense heat fluctuations(Credit: Oszie Tarula/UCLA)Ceramic aerogels have been protecting industrial equipment and space-bound scientific instruments for decades, thanks to their incredible lightness and ability to withstand intense heat. The problem is they can be pretty brittle. Now, a team led by research...
2019 - 08 - 15
RESEARCH TRIANGLE PARK, N.C. A U.S. Army project discovery upends previous notions about how metals deform and could help guide the creation of stronger, more durable materials for military vehicles.                                    Photo courtesy of the U.S. Army.Researchers at the University of Wisco...
2019 - 08 - 08
USC researchers are drawing inspiration from mollusks to build lightweight, strong materials for wearable technology and more.The silvery shine of mother-of-pearl has long been prized for jewelry and decorative arts. But the interior of mollusk shells, also known as nacre, is more than just a pretty face. It is actually one of the most robust materials in the natural world. You can drive over nacr...
2019 - 08 - 01
Dive Brief:Recent heatwaves affecting much of the U.S. and Europe this summer are only the beginning of what is predicted to be continued above-record temperatures for decades to come, wrote by a magazine. To address this problem in the built environment, architects, builders and developers are increasingly turning to cool-roof technologies that reflect more sunlight and absorb...
Share:
Uniris Exhibition Shanghai Co., Ltd.
Shanghai Branch
Tel: 4000 778 909 
E-mail:irisexpo@163.com

Guangzhou Branch
Tel: 020-8327 6389
E-mail:iacechina@unifair.com

IACE CHINA Official Website
犀牛云提供企业云服务
犀牛云提供云计算服务
Scan