Demand for technical ceramics market is increasing due to its increased usage in manufacturing of medical devices and implants that are used for bone and tooth replacements. With growing electronics & semiconductor industry, increased demand for high temperature stability, low thermal expansion, and robust products drives market for technical ceramics.
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Technical ceramics are used in various end-use industries such as electronics & semiconductor, automotive, energy & power, industrial, medical, military & defense, and others. In 2015, the electronics & semiconductor segment accounted for the largest market share among all the applications, in terms of value as well as volume, followed by automotive, energy & power, and industrial industries.
1 Significant Market Opportunities in the Global Technical Ceramics Market
2 Largest and Fastest-Growing End-Use Industries of Technical Ceramics
3 Technical Ceramics Market in Asia-Pacific, 2015
4 Technical Ceramics Market Share, By Region
5 Technical Ceramics Market, By Product Type
6 Lifecycle Analysis, By Region
Asia-Pacific is estimated to account for the largest market share, in terms of value as well as volume, and is estimated to remain the market leader during the forecast period.
High industrial growth resulted in an increased demand for technical ceramics in different applications such as in the electronics & semiconductor and medical industries.
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Technical Ceramics Market growth is further supported by the growing military & defense industry in Asia-Pacific due to the increased governmental investments in the defense sector. This study has been validated through primary interviews with various industry experts globally.
The break-up profile of primary discussion participants is given here Tier 1 (33%); Tier 2 (60%) and other (7%) companies were contacted for interviews. The interviews were conducted with various key people such as C level (56%), Director Level (33%) and others (11%) from various key organizations.
The primary interviews were conducted worldwide covering regions such as North America (13%), Asia-Pacific (20%), Europe (47%), the Middle East & Africa (13%) and South America (7%).
Technical Ceramics Market by Material (Oxide, Non-oxide), Product (Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings), End-Use Industry (Electronics & Semiconductor, Automotive, Energy & Power, Medical, Others), and by Region - Global Forecast to 2021 at www.rnrmarketresearch.com/contacts/?rname=271531 .
The key companies profiled in this market research report are CeramTec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials (U.K.), Saint-Gobain Ceramic Materials (U.S.), McDanel Advanced Ceramic Technologies (U.S.), Ceradyne, Inc. (3M Company) (U.S.), Rauschert Steinbach GmbH (Germany), Dyson Technical Ceramics Limited (U.K.), Superior Technical Ceramics (U.S.), NGK Spark Plug Co., Ltd.
(Japan), and other local players.
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