News

News

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

Date: 2019-07-16
Views: 170

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 - 10 - 17
A new glass ceramic material could become a better alternative to use in construction. Miguel Hernández University (UMH) professor Manuel Jordán has contributed to the creation of a new glass ceramic material from sludge contaminated with toxic chromium. This new material has high resistance to bending compared to others of the same class, and once processed, is nontoxic and environmenta...
2019 - 09 - 27
SHANGHAI, Sep 25  – All aluminium processing mills in Jiaozuo of Henan province have been closed as of September 24 and aluminium processors in Tianjin are imposed with a 50% output cut from September 25, as cities close to Beijing strengthened environmental curbs before the National Day on October 1. It's assessed that controls on aluminium processing in Jiaozuo of Henan are the st...
2019 - 09 - 18
The steamiest summer day would be no sweat for this potential superconductor.Scientists have calculated that a hydrogen-rich compound could conduct electricity without resistance at temperatures up to about 200° Celsius — well above the 100° C boiling point of water. If that prediction is confirmed experimentally, the material would stand in stark contrast to all other known su...
2019 - 09 - 11
Engineers at the University of California, San Diego have developed a process for welding ceramics that could have wide-ranging implications for the hardiness and construction of electronics.According to a paper published in Science on August 23rd,, UC-San Diego researchers have used a sub-50-watt, rapidly-pulsing laser to melt and fuse ceramics, upending traditional ceramics welding met...
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