GVR Report cover Porous Ceramic Market Size, Share & Trends Report

Porous Ceramic Market Size, Share & Trends Analysis Report By Raw Material (Alumina, Titanate), By Product (Filtration, Insulation), By Application (Medical, Automotive), By Region, And Segment Forecasts, 2021 - 2028

  • Published Date: Dec 2021
  • Report ID: GVR-3-68038-933-3
  • Number of Pages: 170
  • Format: Electronic (PDF)
  • Historical Data: 2017 - 2019

Report Overview

The global porous ceramic market size was valued at USD 5.98 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10.4% from 2021 to 2028. The growing demand for filtration products coupled with the increasing penetration of products in medical devices and equipment is driving the market growth. The rising demand for high-quality and functional safety in medical devices and equipment to meet stringent approval standards and withstand challenges in healthcare practices has augmented the need for reliable materials, such as porous ceramics. Thus, wide product usage in the medical devices industry is anticipated to augment the market growth over the forecast period. The U.S. is a prominent producer and consumer of the market.

U.S. porous ceramic market size, by product, 2018 - 2028 (USD Billion)

High-purity porous ceramics find a broad spectrum of applications in microelectronics including piezoelectric devices, custom electronic components, and substrates. The growing demand for electronic devices coupled with the ongoing technological advancements in the U.S. is projected to propel market growth over the forecast period.

The U.S. offers an advanced network of electronics and semiconductors manufacturing clusters. Factors, such as a strong business & technical environment, stringent intellectual property rights regime to protect patents & trademarks, and favorable programs, are augmenting investments in the U.S. electronics and semiconductor industry, thus benefitting market growth.

For instance, in March 2021, the U.S. Department of Energy (DOE) announced a funding of USD 54 million for microelectronics research to power next-generation technologies. According to DOE, the COVID-19 pandemic pointed out the vulnerable & unsecured supply chains and the lack of domestic semiconductor manufacturing in the U.S. This investment is expected to propel semiconductor manufacturing in the country and positively influence the market growth over the forecast period.

The upward growth trajectory, however, faces the restraint of high product costs. The cost involved in the manufacturing process is high owing to the high material & processing costs coupled with high initial investments, which further add to the product cost. Rising prices of alumina restrict their use and impact market growth.

Product Insights

The filtration segment held the largest revenue share of more than 34.0% in 2020. Porous ceramic-based filters help filter particles from air and liquids under normal as well as extreme temperature and pressure conditions. They find use in various industries, such as automotive, chemical, pharmaceuticals, and food. Thus, the growing requirement of filtration is anticipated to augment product demand over the coming years.

Insulation is anticipated to register the second-fastest CAGR, in terms of revenue, over the forecast period. Technological advancements in the ceramic production process have led to the development of highly porous ceramic foams, which are increasingly being used for thermal insulation in blast furnaces and refractories. The rising need for refractories is thus, expected to augment the segment growth over the forecast period.

High-purity materials are anticipated to register the highest CAGR over the forecast period. Components manufactured using high-purity materials exhibit superior surface finish owing to fine average grain size. They provide several advantages over low-purity materials, such as excellent hardness, flexural strength, and dielectric strength. In addition, these materials impart high thermal shock resistance to the components made from them.

Raw Material Insights

The alumina raw material segment held the largest revenue share of more than 43% in 2020. Alumina or aluminum oxide exhibits superior electrical insulation properties and is increasingly being used as an advanced ceramic material. In addition, alumina is resistant to wear and corrosion, which makes it highly preferable for use in applications including pump components, automotive sensors, and electronics.

Alumina-based products are highly preferred across the semiconductor, electrical, and medical industries owing to their excellent properties, such as low specific heat, low bulk density, and low thermal conductivity. The rising need for the product, coupled with superior properties of alumina is compelling market players to invest in R&D activities for product innovations, thereby promoting the demand for alumina-based products.

Titanate ceramics is projected to grow owing to its deployment in producing porous piezoceramic ceramics. It is also used in a capacitor as a dielectric material. It is increasingly being used in microphones and transducers as a piezoelectric material. In addition, the pyroelectric and ferroelectric properties of barium titanate are used to manufacture un-cooled sensors that find applications in thermal cameras.

Application Insights

Automotive was the largest application segment and accounted for a revenue share of more than 30.0% in 2020. Automotive is a key application wherein porous ceramics are extensively used owing to their superior properties, such as high mechanical strength, abrasion resistance, chemical stability, and thermal stability. Investments in the automotive industry, especially for developing Electric Vehicles (EVs) are anticipated to fuel the market growth over the forecast period.

Medical is another key application segment of the market. The increasing penetration of additive manufacturing for producing complex parts of medical devices and equipment is expected to prove beneficial for market growth. For instance, in November 2020, Scientists from the Skoltech Center for Design, Manufacturing, and Materials developed a method using additive manufacturing for designing and manufacturing complex ceramic bone implants.

Global porous ceramic market share, by application, 2020 (%)

The growth of the electronics & semiconductors segment is attributable to the increasing demand for spark plugs, capacitors, resistors, inductors, sensors, chips, substrates, etc., in smartphones, television sets, computers, and consumer appliances. With advancements in technology, the electronics & semiconductors sector is anticipated to grow rapidly, thus driving the market over the forecast period.

Regional Insights

Asia Pacific accounted for the maximum revenue share of more than 40.0% share of the global revenue in 2020. The region is a global manufacturing hub for electronics and semiconductors owing to the presence of several manufacturers. In addition, the governments of different countries in the region are witnessing increased foreign investments in the electronics and semiconductors industry, which is expected to propel market growth.

China accounted for a significant share in the Asia Pacific market in 2020. The imposition of excessive industrial pollution discharge fees on various industries is expected to promote the installation of air and water filtration systems in China. This, in turn, is expected to boost the demand for porous ceramics used for manufacturing filtration products.

North America is anticipated to witness steady growth over the forecast period. The demand for automotive filters in the region is expected to witness significant growth on account of an emerging trend of lightweight components replacing automotive metal components with ceramic-based components, such as braking pads and spark plugs. The aforementioned factors are expected to promote market growth in the region.

Key Companies & Market Share Insights

The global market is characterized by strong competition owing to the presence of prominent manufacturers serving major geographies across the globe. These prominent manufacturers compete based on product quality and price to increase the application scope of the product in industries including healthcare, aerospace, oil & gas, and mining among others. Technical innovations and improvements in the production process have resulted in the manufacturing of products with superior durability and an extended lifespan. The market players, such as Kyocera Corp. and Selee Corp., are increasingly investing in mergers & acquisitions to achieve a stronghold in the competition by offering advanced ceramic products at competitive prices. For instance, in May 2019, Kyocera Corp. announced the acquisition of advanced ceramics business operations of Friatec GmbH by Kyocera Fineceramics GmbH. The acquisition is projected to help Kyocera Corp. to provide better services to its customers through local production and sales. Some prominent players in the global porous ceramic market include:

  • Applied Materials, Inc.

  • CoorsTek, Inc.

  • Innovacera

  • KeraNor AS

  • Kyocera Corp.

  • Morgan Advanced Materials

  • NGK Spark Plug Co., Ltd.

  • Nishimura Advanced Ceramics Co., Ltd.

  • Porvair plc

  • STC Superior Technical Ceramics

  • Toto Ltd.

Porous Ceramic Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 6.43 billion

Revenue forecast in 2028

USD 13.24 billion

Growth rate

CAGR of 10.4% from 2021 to 2028

Base year for estimation

2020

Historical data

2017 - 2019

Forecast period

2021 - 2028

Quantitative units

Revenue in USD million/billion, volume in kilotons, and CAGR from 2021 to 2028

Report coverage

Revenue forecast, volume forecast, competitive landscape, growth factors, and trends

Segments covered

Raw material, product, application, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; China; India; Japan; Brazil

Key companies profiled

Applied Materials, Inc.; CoorsTek, Inc.; Innovacera; KeraNor AS; Kyocera Corp.; Nishimura Advanced Ceramics Co., Ltd.; STC Superior Technical Ceramics; NGK Spark Plug Co., Ltd.

Customization scope

Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global porous ceramic market report on the basis of raw material, product, application, and region:

  • Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

    • Alumina Ceramics

    • Titanate Ceramics

    • Zirconate Ceramics

    • Ferrite Ceramics

    • Aluminum Nitride

    • Others

  • Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

    • Filtration

    • Insulation

    • High Purity Materials

    • Structural Components

    • Others

  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

    • Automotive

    • Medical

    • Electronics & Semiconductors

    • Energy & Power

    • Industrial

    • Aerospace & Defense

    • Others

  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

      • Brazil

    • Middle East & Africa

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