The global advanced ceramics market size was valued at USD 72.74 billion in 2018 and is expected to exhibit a CAGR of 9.1% during the forecast period. Rising demand from various industries such as heavy machinery, electronics, energy, automotive, cutting tools, and defense is a key factor influencing the market growth.
Industry growth is highly dependent on the dynamics of the electronic components and electrical equipment industries, which together accounted for over 70.0% of total demand in 2018. Products made from advanced ceramics, such as electrical conductive elastomers, find increasing applications in wire insulation, lamps, lighting, cell phones, inter-connectors, and power distribution on account of superior dielectric properties and good thermal stability.
The market is increasingly driven by the growing use of the product in healthcare applications, including biomedical plants as well as bone implants. Besides, they are used in dental applications where ceramic teeth can be matched to a patient’s natural teeth. Numerous researchers have been striving to increase the application scope of the market in the healthcare industry, particularly in gene therapy and tissue engineering.
Increasing demand from the automotive industry is expected to have a positive impact on market growth over the forecast period. Car manufacturers, particularly in the U.S., employ ceramic filters to remove particulates from molten metal, which in turn is used to form automotive bodies and components. Manufacturers in the Asia Pacific largely utilize the product in the manufacturing of spark and glow plugs, oxygen sensors, knocking sensors, parking distance control systems, PTC heaters, and fuel injection systems.
Alumina was the largest segment in 2018, accounting for 35.2% of the global revenue. Alumina or aluminum oxide is an advanced engineering material with excellent wear resistance. Moreover, the high-cost effectiveness of alumina plays a major role in its extensive utilization in various end-use industries. The Asia Pacific leads the segment, wherein the product is utilized in automotive, energy, electrical, medical, and other industries.
Titanate is projected to expand at the fastest pace over the forecast period, at a CAGR of 11.0%. Titanate or aluminum titanate possesses the most vibrant thermal shock resistance in the material world. Components made out of this material tend to withstand extremely high temperatures of several hundred degrees. This segment is led by U.S. and demand is projected to increase at a significant rate across North America. The Asia Pacific is also estimated to emerge as a key region in this segment due to increasing demand in the manufacturing and electrical sectors.
Zirconate is utilized across an extensive range of electrical applications. This material is known to endure great mechanical stress as well as a high electrical voltage. It is generally used in applications where high voltage energy is required. It finds applications in ultrasound transducers, actuators, capacitors, and FRAM chips. The major factor that acts as a restraint to its growth is the emergence of lead-free piezoelectric materials, which exhibit similar properties as that of Zirconate.
Monolithics was the largest segment in 2018, accounting for a share of 78.9% that year. Rising utilization in the electronics and electrical sector, particularly in developing countries in the Asia Pacific, is expected to propel its demand over the next few years. Some of the major product types are silicon nitride, silicon carbide zirconium, and zirconium carbide. These materials offer properties like reliability, durability, and wear, and high-temperature resistance, which is specifically favorable for industrial use.
Ceramic matrix composites are expected to form the fastest-growing segment at a CAGR of 11.5% over the forecast period. They are utilized in applications such as chemical, mechanical, defense, aerospace, environment, and energy owing to their superior properties such as high strength and excellent heat and wear resistance. Extensive research and development processes are carried out in this segment to develop advanced products that can act as effective alternatives to metal alloys in hot zone structures.
Ceramic coatings are inorganic materials that possess high temperatures. It is usually a composition based on alumina, chromium, hafnia, silica, alumina-magnesia, silicon carbide, silicon nitride, titania, and zirconia. Major industries that use this product are medical, automotive, aerospace, environmental protection, and fiber optics communications.
Electronic devices formed the largest application segment in the advanced ceramics market in 2018, accounting for 47.0% of the global revenue that year. The increasing global need for cost-effective and high-performance electronic gadgets, particularly in the Asia Pacific, will fuel demand over the forecast period. Advanced ceramics are employed in a wide range of applications in the electronic device market for superconducting, insulating, magnetic, semiconducting, and piezoelectric applications.
Bioceramics are predicted to emerge as the fastest-growing segment over the forecast period with a CAGR of 11.4%. They are inert substances and possess excellent strength and wear resistance. Therefore, they are extensively utilized in surgical implants like bone and dental implants. Commonly used materials in this segment include aluminum oxide and zirconia oxide. These are commonly utilized in the manufacturing of orthopedic and dental implants.
Engine parts also form a key segment in the market and will witness significant growth over the forecast period. A ceramic engine can resist high temperatures. This enables the combustion of fuel to be more complete as compared to metal alloys, resulting in increased combustion efficiency. Among the various engineering materials, silicon nitride is most suitable for use in internal combustion engines and turbines.
The electrical and electronics segment dominated the market with a share of 56.8% in 2018 owing to its booming industry. Advanced ceramics are used to manufacture electrical equipment like insulators, conductors, outlet boxes, insulted wires, connectors, circuit boards, battery cases, terminal strips, and membrane switches. Lightweight features, fire resistance, easy formability, high-temperature stability, and high electrical properties of the product make it suitable for electrical and electronic applications.
The environmental segment is projected to emerge as the fastest-growing end-use segment over the forecast period with a CAGR of 11.6%. Advanced ceramics can resist temperatures over 1000°C. As a result, they are suitable for use in photovoltaics, solar energy conversion, and other power plant engine systems. Moreover, they have high resistance to corrosive attacks, thermal shocks, and wear. Therefore, they are widely utilized in environmental technologies like water treatment and processing.
Advanced ceramics are widely employed in the medical sector. Extensive utilization in cardiovascular implants, dental implants, orthopedic implants, and medical imaging equipment is one of the major factors driving this market. Moreover, rising incidence rates of dental, cardiovascular, and orthopedic diseases, along with expanding the global base of the elderly population is predicted to spur product demand.
The automotive end-use segment is projected to witness strong growth owing to rising automotive production around the globe. The product is used in various applications such as in glass windows and spark plug insulators. According to the International Organization of Motor Vehicle Manufacturers (OICA), the global automotive production in 2017 increased by 2.4% from 2016, due to increase in global deposable income. This is estimated to have a positive impact on product demand.
The Asia Pacific was the largest regional market in 2018, accounting for a share of 40.1% that year. The region is expected to continue its dominance over the forecast period due to the growing automotive and electrical and electronics industries, particularly in China and India. The Asia Pacific has been a prominent contributor in the electronics industry due to the significant consumption of consumer electronic devices, especially in emerging markets of China, India, and Thailand. Also, growing automotive production in the region owing to rising disposable income and the fast-paced lifestyle of consumers is expected to spur the market.
North America is expected to witness significant growth in the industry on account of rising healthcare awareness and the growing electronics industry in the region. Although the electronics sector in North America is relatively mature, product adoption for various electronics applications is set to increase owing to rising penetration of smart offices and smart homes in the region.
Europe is expected to lose market share over the forecast period to the developing economies of Asia Pacific, Central, and South America, and the Middle East and Africa. Declining growth of the manufacturing sector in France, Germany, and Italy on account of shifting manufacturing bases to Asian countries with low manufacturing cost is expected to negatively affect market growth.
Central and South America are anticipated to witness moderate market growth over the forecast period. The growing automobile industry, particularly in Brazil, Chile, and Argentina, is expected to have a positive impact on the industry over the next few years. Besides, increasing health awareness among consumers is expected to boost demand for bioceramics in the region.
The global market is dominated by top multinational companies that have successfully expanded their geographical footprint across the globe as part of their growth strategy. Some of the major market players are Corning Inc.; Morgan Advanced Materials; Kyocera Corporation; CeramTec; CoorsTek, Inc.; McDanel; and Momentive Performance Materials, Inc.
Most manufacturers are integrated across several stages of the value chain in intermediate as well as the final end-use product. Technological innovations aimed at the development of cost-effective manufacturing processes are expected to remain critical success factors for market growth over the forecast period.
The base year for estimation
Actual estimates/Historical data
2014 - 2017
2019 - 2025
Revenue in USD Million and CAGR from 2019 to 2025
North America, Europe, Asia Pacific, Central & South America, Middle East & Africa
U.S., Germany, U.K., China, India, Brazil, and Saudi Arabia
Revenue forecast, company share, competitive landscape, growth factors and trends
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This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For this study, Grand View Research has segmented the global advanced ceramics market report based on material, product, application, end-use, and region:
Material Outlook (Revenue, USD Million, 2014 - 2025)
Product Outlook (Revenue, USD Million, 2014 - 2025)
Ceramic matrix composites
Application Outlook (Revenue, USD Million, 2014 - 2025)
End-use Outlook (Revenue, USD Million, 2014 - 2025)
Electrical & electronics
Regional Outlook (Revenue, USD Million, 2014 - 2025)
South & Central America
The Middle East and Africa
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The shortage in supply of raw materials from Chinese manufacturers has resulted in a severe demand-supply gap. The manufacturers are further expected to be stranded on raw material orders owing to the logistics industry being significantly impacted due to lockdown amid COVID-19. However, the producers are expected to move away from China aiming to reduce the future risks that would affect the business and to reduce the manufacturers' cluster in a single country in order to smoothen the supply chain. The report will account for Covid19 as a key market contributor.