Advanced Ceramics Market
Research Report - Global Forecast
Advanced Ceramics are used in a wide range of end-user industry applications owing to their
excellent chemical & heat resistance and mechanical stresses properties. It is extensively used
in applications such as medical devices, transport equipment, armor material, semiconductors,
insulators, and others. The rising growth of the pharmaceutical and automotive industry across
the globe is substantially affecting the growth of the advanced ceramics market.
The global advanced ceramics market is being driven by a range of applications in the various
end-use industries such as automotive, electrical and electronics, pharmaceuticals, military &
defense, and others. Moreover, it is estimated that the electrical and electronics industry is set to
witness the highest growth due to the growing consumption in insulators, conductors,
piezoelectric, and magnetic applications over the forecast period, 2017-2023.
The global advanced ceramics market is segmented into product type, material, and end-user.
On the basis of the product type, the market is segregated into monolithic ceramics, ceramic
matrix composites, ceramic coatings, and others. The market by the material is segmented into
alumina advanced ceramics, titanate advanced ceramics, zirconate advanced ceramics, ferrite
advanced ceramics, and others. The market by the end-user is further categorized into electrical
& electronics, automotive, machinery, pharmaceuticals, military & defense, and others.
The electrical and electronic segment followed by the automotive end-user segment is anticipated
to observe a higher CAGR during the forecast period 201. The properties such as corrosion
resistance, heat resistance makes the use of advanced ceramics in applications such as other
Some of the prominent players operating in the global advanced ceramics market Kyocera
Corporation (Japan), C