Advanced Ceramics Market by End-user and Geography - Forecast and Analysis 2022-2026

The predicted growth for the advanced ceramics market share from 2021 to 2026 is USD 3.29 billion at a progressing CAGR of 5.56%.

This advanced ceramics market forecast report extensively covers segmentation by:

• End-user - Housing and construction, aerospace, medical, electrical, and others
• Geography - APAC, Europe, South America, Middle East and Africa, and North America

The advanced ceramics market report offers information on several market vendors, including 3M Co., BCE Special Ceramics GmbH, Blasch Precision Ceramics Inc., CeramTec GmbH, Compagnie de Saint Gobain SA, CoorsTek Inc., Corning Inc., Dyson Technical Ceramics Ltd., Elan Technology, Ferrotec Holdings Corp., International Syalons (Newcastle) Ltd., Kyocera Corp., Materion Corp., McDanel Advanced Ceramic Technologies LLC, Momentive Performance Materials Inc., Morgan Advanced Materials Plc, Nishimura Advanced Ceramics Co. Ltd., Ortech Advanced Ceramics, Superior Technical Ceramics Corp., and Techno Cera Industries among others. Furthermore, our analysts have provided valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches for the coming years.

What will the Advanced Ceramics Market Size be During the Forecast Period?

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"The use of advanced ceramics in medical implants and devices is notably driving the Europe advanced ceramics market growth."

Advanced Ceramics Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post-COVID-19 era. The increasing use in electronic components and circuits is notably driving the advanced ceramics market growth, although factors such as stringent regulations may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the advanced ceramics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Advanced Ceramics Market Driver

• The increasing use in electronic components and circuits is one of the key drivers supporting the advanced ceramics market growth.
• Ceramic materials are used in electronic components as ferrites, ferroelectrics, and a few transition metal oxides, which is due to their glass-forming habit.
• Advanced ceramics are used in the manufacturing of transistors. For instance, Intel combines new high dielectric ceramic materials and metals to construct the insulating walls and switching gates of its 45-nanometer transistors.
• Ceramics help substitute the conventional dielectric material with a thicker hafnium-based oxide material, thereby reducing the transistor gate leakage by more than ten times.
• Transistors can be made much smaller, and the transistor density can be increased by approximately two times. Thus, the use of ceramic in the transistors and other electronic components will fuel the growth of the global advanced ceramics market during the forecast period. 

Key Advanced Ceramics Market Trend

• The development of advanced ceramic coatings is one of the key advanced ceramics market trends fueling the market growth.
• Glass-ceramic non-stick coatings are extensively used in many applications due to their superior hardness and abrasion resistance. Medical device manufacturers are now using these coatings for the production of medical components, devices, and orthopedic and spinal implants.
• Aluminum oxide, titanium oxide, and zirconium oxide are commonly used as ceramic coatings and produce ceramic-on-metal medical components.
• Many manufacturers have shifted toward advanced glass-ceramic coatings based on silicon dioxide. The use of ceramics in these applications is likely to increase due to the emergence of newer ceramic coating techniques, such as titanium, among medical component manufacturers. Thus, the adoption of advanced ceramic coatings in medical and other end-user industries will boost the growth of the global advanced ceramics market during the forecast period. 

Key Advanced Ceramics Market Challenge

• Stringent regulations is one of the factors impeding the advanced ceramics market growth. 
• In the US, which is the major global consumer of medical ceramics, the imposition of trade and non-trade tariffs on the medical sector, changing government policies, and stringent FDA regulations for medical equipment manufacturers have created a harsh business environment for the advanced ceramics market. 
• For instance, according to the Affordable Care Act, companies have to pay an excise tax of 2.3% on Classes I, II, and III medical devices
• As part of cost containment, the new Medicare Competitive Bidding Program sets the pricing of devices on the basis of the best possible cost. This reduces the cost of implants and favors low-cost bidders.
• The high cost of ceramic medical products and implants in comparison to their metallic counterparts makes it difficult for players to expand their businesses. Therefore, such stringent regulations associated with using advanced ceramics in medical devices will hamper the growth of the global advanced ceramics market during the forecast period. 

This advanced ceramics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global advanced ceramics market as a part of the global commodity chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the advanced ceramics market during the forecast period.

Who are the Major Advanced Ceramics Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• 3M Co.
• BCE Special Ceramics GmbH
• Blasch Precision Ceramics Inc.
• CeramTec GmbH
• Compagnie de Saint Gobain SA
• CoorsTek Inc.
• Corning Inc.
• Dyson Technical Ceramics Ltd.
• Elan Technology
• Ferrotec Holdings Corp.
• International Syalons (Newcastle) Ltd.
• Kyocera Corp.
• Materion Corp.
• McDanel Advanced Ceramic Technologies LLC
• Momentive Performance Materials Inc.
• Morgan Advanced Materials Plc
• Nishimura Advanced Ceramics Co. Ltd.
• Ortech Advanced Ceramics
• Superior Technical Ceramics Corp.
• Techno Cera Industries

 

This statistical study of the advanced ceramics market encompasses successful business strategies deployed by the key vendors. The advanced ceramics market is fragmented and the vendors are deploying growth strategies such as price, quality, innovation, service, reputation, and distribution to compete in the market.

Product Insights and News

• 3M.com - The company offers advanced ceramic materials which resist heat, chemicals, wear and corrosion and are much better than metals and plastics, thus withstanding extreme conditions where other materials fail and help industrial facilities to reduce maintenance downtime by improving equipment reliability.
• Ceramtec-group.com - The company offers advanced ceramics material which provides reliable solutions in all types of industrial production and high-tech applications.
• Saint-gobain.com - The company offers ceramic materials solutions such as specialty grains and powders which enable clients to meet the toughest application requirements in a broad range of markets such as abrasives, aerospace, automotive, energy and semiconductors.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The advanced ceramics market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the leading companies' production, sustainability, and prospects.

Advanced Ceramics Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the advanced ceramics market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Advanced Ceramics Market?

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72% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for advanced ceramics market in APAC. Market growth in this region will be slower than the growth of the market in Middle East and Africa.

The rising elderly population will facilitate the advanced ceramics market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 adversely affected the growth of several industries in the region, including the construction industry, as several construction projects were either delayed or canceled in 2020. However, the recovery of economies from the COVID-19 crisis and the adoption of vaccination drives by governments across the region helped the market gain momentum in the first half of 2021. Furthermore, the rising application of advanced ceramics in the healthcare sector and increased R&D activities will propel the growth of the advanced ceramics market in the region during the forecast period.

What are the Revenue-generating End-user Segments in the Advanced Ceramics Market?

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The advanced ceramics market share growth by the housing and construction segment will be significant during the forecast period. Several construction projects were put on hold, primarily during the first half of 2020, and have been operating with a restricted workforce due to COVID-19 restrictions, disrupted supply chains, and revenue losses. Thus, all these factors hindered the growth of the housing and construction segment in the first half of 2020. However, the gradual recovery of the construction industry from the COVID-19 crisis, owing to the recovery of economies from the recession incurred during the pandemic, is expected to propel the growth of the segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the advanced ceramics market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Advanced Ceramics Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.56%
Market growth 2022-2026	$3.29 billion
Market structure	Fragmented
YoY growth (%)	4.78
Regional analysis	APAC, Europe, South America, Middle East and Africa, and North America
Performing market contribution	APAC at 72%
Key consumer countries	China, India, Germany, UK, and Brazil
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	3M Co., BCE Special Ceramics GmbH, Blasch Precision Ceramics Inc., CeramTec GmbH, Compagnie de Saint Gobain SA, CoorsTek Inc., Corning Inc., Dyson Technical Ceramics Ltd., Elan Technology, Ferrotec Holdings Corp., International Syalons (Newcastle) Ltd., Kyocera Corp., Materion Corp., McDanel Advanced Ceramic Technologies LLC, Momentive Performance Materials Inc., Morgan Advanced Materials Plc, Nishimura Advanced Ceramics Co. Ltd., Ortech Advanced Ceramics, Superior Technical Ceramics Corp., and Techno Cera Industries
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Advanced Ceramics Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive advanced ceramics market growth during the next five years
• Precise estimation of the advanced ceramics market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the advanced ceramics industry across APAC, Europe, South America, Middle East and Africa, and North America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of advanced ceramics market vendors

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