Global Technical Ceramics Market Overview:
The adoption of the technical ceramics mostly in the emerging nations along with the expansion of the automobile industry in the region owing to the recent economic growth is increasing the market demand for the technical ceramics industry over the forecast period. Technical ceramics are a class of ceramics that owns improved strength than normal ceramics. They exhibit semiconductivity, nonlinear resistance, high stiffness, high-temperature stability, and low thermal expansion properties among others. These properties help to increase demand in the end-user industry such as electrical & electronics, energy & power, automotive, pharmaceuticals, and others. Furthermore, the increasing automotive and electrical & electronic industry in the emerging areas are anticipated to considerably contribute to the development of the technical ceramics market. Some of the key players profiled in the study are CoorsTek, Inc. (United States), CeramTec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials (United Kingdom), Saint-Gobain Ceramic Materials (United States), 3M (United States), NGK Spark Plug Co., Ltd. (Japan), Imerys Ceramics (France), Superior Technical Ceramics (United States) and McDanel Advanced Ceramic Technologies (United States).
On the basis of geography, the market of Technical Ceramics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Material, the sub-segment i.e. Oxide Ceramics [Alumina Ceramics will boost the Technical Ceramics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Demand for Technical Ceramics Due to Its Superior Properties
- Decrease in Production Cost in End-Use Industries By Deploying Technical Ceramics in High-Temperature Applications
- High Adoption in Medical Industry
- Growing Demand due to Environment-Friendly Nature
- Very Expensive than Other Metals
- High Customization Requirement of End-User Industries
- Developing Nano Technology
- Incorporation on Low-Cost Production Technology
- Rising Concern about Recyclability
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies.
Target Audience:Manufacturers of Technical Ceramics, Traders, Distributors, and Suppliers of Technical Ceramics, Regional Manufacturers’ Associations and General Technical Ceramic Associations, Investment Research Firms, Government and Private Research Organization, Government Regulatory Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Technical Ceramics market on the basis of product [Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings and Others] , application [Electrical Equipment, Catalyst Supports, Electronic Devices, Wear Parts, Engine Parts, Filters, Bioceramics and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Technical Ceramics market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Technical Ceramics industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Dyson Technical Ceramics (United Kingdom), Materion Corporation (United States), H.C. Starck GmbH (Germany) and Corning Incorporated (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Technical Ceramics market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.