Ceramics are being used for an extended period of time for medical applications. Their primary uses have been in dentistry and orthopedics. This is because certain ceramic materials and tissues such as bone and teeth have similar chemical compositions. Furthermore, the use of ceramics in medical applications is quite vast. For instance, in applications such as joint replacement, alumina and zirconia are used, in dental implants, alumina and hydroxyapatite are employed, and in bone filler applications alumina is utilized. Apart from the aforementioned applications, ceramics are also used as biomaterials in various medical applications. A wide variety of composites, polymers, ceramics, and metals are used as biomaterials in surgeries. Ceramics (specifically bio ceramics) have drawn high demand recently among other materials. This is due to their compatibility with physiological settings. Moreover, certain ceramic materials are biocompatible because they include ions that are naturally present in the body. Calcium, potassium, magnesium, sodium, phosphorus, and additional ions, such as aluminum and titanium also exhibit biocompatibility.
For aviation, vehicles, and armor, advanced ceramic materials are more preferred when compared to other materials (such as steel and aluminum), in terms of corrosion resistance. Because of this, these ceramics appeal to a variety of end-use industries, such as military and defense, electronics, automotive, energy, and aerospace. Furthermore, owing to high temperatures and evolving surroundings, faults normally occur owing to thermal expansion in a selection of energy and power, aerospace, defense, and automotive components, resulting in component failure. Advanced ceramics exhibit significantly lower thermal expansion under the same environmental conditions as other standard alloys and metals. This aspect has impacted how these ceramics are utilized across a range of end-use industries. In addition, the market for ceramics will experience high growth due to rapid economic expansion and urbanization. Rising infrastructure spending will also spur the market value. The market is anticipated to expand due to expansion of automotive and other end-use industries. Such factors are expected to drive the growth of advanced ceramics in various end uses.
The cost of ceramics, especially advanced ceramics, is relatively higher. As a result, possess barriers to the overall growth of the market. The price evaluation of these ceramics is mostly based upon the cost expenditures of the ceramic fibers. Several end-use industries, including aerospace, medical, military, and marine, largely utilize these fibers as composites. Moreover, the advanced ceramics market is largely restrained by high silicon carbide prices as a result of declined manufacturing of ceramic fibers. According to National Academies Press, ceramic fibers for advanced composites are difficult to commercialize on the account of their higher associated cost of manufacturing. On the other hand, multiple manufacturers have been looking into the ways to reduce the manufacturing costs of ceramics. Reduction in drying time, reducing the breaks and cracks, optimal sourcing and clay formulation, and selection of right conditioner are some of the strategies that the manufacturers adopt in order to control the higher cost associated with the production of ceramics.
This section will provide insights into the contents included in this ceramics market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Market drivers and restraints
Key market opportunities prioritized
Latest strategic developments
Market size, estimates, and forecast from 2017 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance
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