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The technical ceramics market is witnessing several notable trends that are shaping its growth trajectory and industry dynamics.
Growing Demand from Electronics and Semiconductor Industry: There is a rising demand for technical ceramics in the electronics and semiconductor industry, driven by the need for high-performance materials in electronic components, substrates, and packaging. Technical ceramics offer properties such as high thermal conductivity, electrical insulation, and resistance to corrosion and wear, making them ideal for applications in semiconductor manufacturing, microelectronics, LED lighting, and electronic devices. As the demand for advanced electronic products increases, the technical ceramics market is expected to grow significantly.
Expanding Applications in Automotive Sector: The automotive industry represents a significant market for technical ceramics, with applications in engine components, sensors, catalytic converters, and exhaust systems. Technical ceramics offer advantages such as high temperature resistance, thermal shock resistance, and mechanical strength, making them suitable for demanding automotive applications. With the growing trend towards lightweighting, fuel efficiency, and emission reduction in the automotive sector, the demand for technical ceramics is on the rise.
Focus on Energy Efficiency and Sustainability: There is an increasing focus on energy efficiency and sustainability in various industries, driving the demand for technical ceramics in energy-related applications. Technical ceramics are used in energy storage systems, fuel cells, catalytic converters, and renewable energy technologies such as solar cells and wind turbines. The unique properties of technical ceramics, such as chemical stability, thermal insulation, and electrical conductivity, contribute to improving energy efficiency and reducing environmental impact in energy production and storage.
Advancements in Additive Manufacturing: Additive manufacturing technologies, such as 3D printing, are driving innovation in the production of complex-shaped technical ceramics with customized properties and functionalities. Additive manufacturing enables the rapid prototyping, customization, and cost-effective production of technical ceramics components for various industries, including aerospace, healthcare, and electronics. As additive manufacturing processes evolve and become more accessible, the adoption of technical ceramics in additive manufacturing applications is expected to increase.
Emerging Applications in Medical and Healthcare Sector: Technical ceramics are finding increasing applications in the medical and healthcare sector for implantable devices, dental prosthetics, surgical instruments, and medical sensors. Technical ceramics offer biocompatibility, corrosion resistance, and wear resistance, making them suitable for use in medical implants and devices. With the growing aging population and advancements in medical technology, the demand for technical ceramics in the medical and healthcare sector is projected to grow.
Demand for High-Performance Wear and Corrosion-resistant Materials: Industries such as aerospace, defense, oil and gas, and machinery manufacturing require high-performance materials that can withstand extreme conditions, including wear, corrosion, and high temperatures. Technical ceramics, such as alumina, silicon carbide, and zirconia, offer superior mechanical properties, chemical resistance, and thermal stability, making them ideal for demanding applications in harsh environments. The demand for technical ceramics as wear and corrosion-resistant materials is driven by the need for durable and reliable components in critical industrial applications.
Focus on Miniaturization and Microelectronics: There is a growing trend towards miniaturization and microelectronics in various industries, including electronics, telecommunications, and medical devices. Technical ceramics play a crucial role in miniaturized electronic components, microchips, sensors, and MEMS (Micro-Electro-Mechanical Systems) devices. With advancements in nanotechnology and microfabrication techniques, technical ceramics are increasingly used in the production of high-precision components for miniaturized and portable electronic devices.
Market Expansion in Asia Pacific Region: The Asia Pacific region is witnessing rapid industrialization, urbanization, and infrastructure development, driving the demand for technical ceramics in various end-use industries. Countries such as China, Japan, South Korea, and India are major contributors to the growth of the technical ceramics market in the Asia Pacific region. The increasing demand for consumer electronics, automotive vehicles, and industrial machinery in Asia Pacific countries is fueling the market expansion of technical ceramics in the region.
Focus on Research and Development: Manufacturers and industry players are investing in research and development initiatives to innovate new technical ceramics materials, formulations, and processing technologies. Research efforts focus on improving the performance, reliability, and cost-effectiveness of technical ceramics for diverse applications. Advances in material science, manufacturing processes, and surface engineering contribute to the development of next-generation technical ceramics with enhanced properties and functionalities.
Stringent Regulatory Standards and Compliance: Compliance with regulatory standards and environmental regulations is critical for manufacturers and suppliers in the technical ceramics industry. Technical ceramics used in medical devices, food processing equipment, and aerospace applications are subject to stringent quality control and safety standards. Adherence to industry certifications, such as ISO standards and FDA regulations, ensures product reliability, traceability, and compliance with customer requirements.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Opportunities | The developing areas' rising automotive and electrical and electronic industries are predicted to significantly contribute to growth. |
| Market Dynamics | The rising demand for technical ceramics in end-user industries is the primary driver of market expansion. |
Technical ceramics Market Highlights:
Global Technical Ceramics Market Overview
Technical Ceramics Market Size was valued at USD 7.6 Billion in 2023. The Technical Ceramics Market industry is projected to grow from USD 8.12 Billion in 2024 to USD 13.0 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.06% during the forecast period (2024 - 2032). Increase in semiconductor sales and steel production volumes are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Technical Ceramics Market Trends
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Growing Demand For Technical Ceramics In The Aerospace And Defence Industries Drives Market Growth
Market CAGR for technical ceramics is being driven by the increasing demand in the aerospace and defence industries. Because of their superior mechanical, thermal, and electrical qualities, technical ceramics are employed in aerospace and defence applications. They are suited for use in applications such as gas turbine engines, armour systems, and missile guidance systems due to their high strength, wear resistance, and high-temperature stability. The growing demand for lightweight, high-performance materials in the aerospace and defence industries is likely to stimulate demand for technical ceramics in these industries. Furthermore, the expanding trend of additive manufacturing in the aerospace and defence sectors is likely to drive technical ceramics demand in the approaching years.
Non-oxide ceramics such as silicon carbide, when dissolved in a basic oxygen furnace, are utilized as a fuel in the production of steel and have reduced emissions due to trace element levels. The rise in steel production volume as a result of rising demand from key steel end users such as construction and automotive has boosted the use of technical ceramics as raw materials in steel production. According to the World Steel Association, crude steel output for the 64 nations in June 2021 was 167.9 million tones (Mt), an 11.6% increase over June 2020. Increased steel production will result in increased use of non-oxide ceramics as fuel in the steel manufacturing process. This will help the technical ceramics industry develop.
Aluminium oxide technical ceramics have a wide range of electrical qualities, including excellent thermal shock resistance, the ability to work at high temperatures, and exceptional chemical inertness. Semiconductors built of technical ceramics, such as oxide ceramics and non-oxide ceramics, process electricity more efficiently, and as a result, they are employed in e-vehicles and electronic equipment such as computers. The growing consumption of semiconductors by such end customers has resulted in an increase in sales volume. According to the World Semiconductor Trade Statistics Organization, worldwide semiconductor sector sales will hit US$555.9 billion in 2021, a 26.2% rise over the $440.4 billion total in 2020. Increased semiconductor usage will necessitate an increase in production in order to satisfy rising demand. This will have a favourable impact on the use of technical ceramics in semiconductor manufacture, which will stimulate the expansion of the technical ceramics sector.
Technical Ceramics Market Segment Insights
Technical Ceramics Product Insights
The Technical Ceramics Market segmentation, based on Product includes Monolithic Ceramics, Ceramic Matrix Composites, and Ceramic Coatings. Over the forecast period, the monolithic segment is predicted to have the highest revenue growth rate in the worldwide advanced ceramics market. As a major component of the electronics sector, monolithic capacitors are increasingly used in various electronic product manufacturing processes and electronic machinery, which is driving revenue growth in this category. In integrated hybrid and thick-film circuits, small monolithic ceramic capacitor chips are increasingly being used.
Technical Ceramics Material Insights
The Technical Ceramics Market segmentation, based on Material, includes Oxide, Non-oxide. In 2022, non-oxide ceramics represented a considerable part of the technical ceramics market. Non-oxide ceramics have a high covalence bonding content, which gives them excellent mechanical qualities even at high temperatures. As a result of their unique features, non-oxide ceramics such as silicon carbide have a wide range of applications in the automotive and technology industries. Rapid development in these industries as a result of technological breakthroughs has enhanced their productivity.
Figure1: Technical Ceramics Market, by Material, 2022 & 2032(USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Technical Ceramics End-User Insights
The Technical Ceramics Market segmentation, based on end-user, includes Electronics & Semiconductor, Automotive, Energy & Power, and Medical. Over the forecast period, the automotive category is predicted to grow at a moderately rapid rate in the worldwide advanced ceramics market. By adding a chemical polymer solution to the covered surface, a ceramic coating is formed. This substance is often applied by hand and is intended to blend in with existing paint to improve visual appeal while also improving protection. These are widely used to protect a car's hard surfaces from dirt, filth, scratches, and other markings, including the outer paint, wheels, and callipers.
Technical Ceramics Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. In 2022, the North American market accounted for the biggest revenue share of the worldwide advanced ceramics market. This is owing to increased demand for advanced ceramics in various end-use industries such as infrastructure and construction in nations such as the United States and Canada.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: TECHNICAL CERAMICS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Technical Ceramics Market accounts for the second-largest market share because of increased usage and enhanced technological advances for the use of sophisticated ceramics in nanotechnologies in wind turbines and other pollution control applications. Further, the German Technical Ceramics Market held the largest market share, and the UK Technical Ceramics Market was the fastest growing market in the European region.
The Asia-Pacific Technical Ceramics Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to rising healthcare awareness and the usage of sophisticated ceramics in the electronics industry in nations like as India, Japan, and China, as smart offices and smart homes become more prevalent. Moreover, China’s Technical Ceramics Market held the largest market share, and the Indian Technical Ceramics Market was the fastest growing market in the Asia-Pacific region.
Technical Ceramics Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Technical Ceramics Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Technical Ceramics industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Technical Ceramics industry to benefit clients and increase the market sector. In recent years, the Technical Ceramics industry has offered some of the most significant advantages to medicine. Major players in the Technical Ceramics Market, including McDanel Advanced Ceramic Technologies (U.S.), 3M Company (U.S.), Rauschert Steinbach GmbH (Germany) , Dyson Technical Ceramics Limited (U.K), Superior Technical Ceramics (U.S.) and others, are attempting to increase market demand by investing in research and development operations.
CoorsTek, Inc. is a privately held maker of specialized ceramics for a variety of industries including aerospace, automotive, chemical, electronics, medical, metallurgical, oil and gas, semiconductor, and many more. CoorsTek's headquarters and principal plants are in Golden, Colorado, in the United States. Keystone Holdings LLC, a Coors family trust, owns the whole firm. After 22 years as president and chairman, John K. Coors, a great-grandson of founder and brewing mogul Adolph Coors Sr. and the fifth and youngest son of longtime chairman and president Joseph Coors, retired. In 2021, CoorsTek, a major technical ceramics company, announced the purchase of Dynamic-Ceramic Limited, a UK-based manufacturer of sophisticated ceramic solutions. The acquisition is anticipated to boost CoorsTek's position in the European market and broaden its product offering.
Kyocera Corporation is a Japanese ceramics and electronics company located in Kyoto, Japan. Kazuo Inamori created the Kyoto Ceramic Company, Limited in 1959, and it was renamed in 1982. Industrial ceramics, solar power producing systems, telecommunications equipment, and office document imaging equipment, electronic components, semiconductor packages, cutting tools, and components for medical and dental implant systems are all manufactured by the company. In 2019, Kyocera Fineceramics GmbH has finalized the acquisition of Friatec's advanced ceramics business activities, which will help Kyocera's fine ceramics sector in Europe grow even further.
Key Companies in the Technical Ceramics market include
- akony Ipari Kerámia Kft
- Superior Technical Ceramics
- Dyson Technical Ceramics
- Ortech Advanced Ceramics
- CoorsTek Inc.
- Mantec Technical Ceramics Ltd
- Morgan Advanced Materials
- KYOCERA Corporation
- NGK SPARK PLUG CO. LTD
Technical Ceramics Industry Developments
August 2021 XJet Ltd., a manufacturer of cutting-edge metal and ceramic additive manufacturing technology and solutions, has announced the commercial availability of alumina technical ceramic, which has been added to its additive manufacturing material inventory. Alumina was chosen for research due to its widespread use as a technical ceramic and the obvious market demand for parts manufactured using the benefits of XJet Nano Particle JettingTM (NPJ).
December 2022 Kyocera Corporation has announced plans to build a new production plant in Isahaya City, Nagasaki Prefecture, as part of its corporate expansion strategy. The corporation has made an offer to buy around 150,000 square meters (approximately 37 acres) of land in the Minami Isahaya Industrial Park.
November 2022, Momentive Technologies purchased CoorsTek's crucible business. This acquisition enables Momentive Technologies to provide customers in the semiconductor wafer and fabrication industries with a diverse range of crucible sizes to meet their advanced material requirements.
Technical Ceramics Market Segmentation
Technical Ceramics Market By Product Outlook
- Monolithic Ceramics
- Ceramic Matrix Composites
- Ceramic Coatings
Technical Ceramics Market By Material Outlook
- Oxide
- Non-oxide
Technical Ceramics Market By End-User Outlook
- Electronics & Semiconductor
- Automotive
- Energy & Power
- Medical
Technical Ceramics Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
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