This report also researches and evaluates the impact of Covid-19 outbreak on the Advanced Ceramics industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Advanced Ceramics and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).
Global Advanced Ceramics Market Overview:
Fact.MR has evaluated the global Advanced Ceramics market in its latest research report. The research report, titled [Global Advanced Ceramics Market 2020 by Key Countries, Companies, Type and Application], presents a detailed analysis of the drivers and restraints impacting the overall market. Analysts have studied the key trends defining the trajectory of the market. The research report also includes an assessment of the achievements made by the players in the global Advanced Ceramics market so far. It also notes the key trends in the market that are likely to be lucrative. The research report aims to provide an unbiased and a comprehensive outlook of the global Advanced Ceramics market to the readers.
Global Advanced Ceramics Market: Segmentation
For clearer understanding of the global Advanced Ceramics market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Advanced Ceramics market, which is essential to make sound investments.
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Electromobility Emerges as a Key Application Area
Leading players in the advanced ceramics market are introducing advanced high-performance ceramic components, specifically for electromobility applications. E-mobility components such as fuel cell, system for storing, transmitting, generating and distributing energy, temperature control and power electronics components. In the field of electromobility, traditional materials such as metals and plastics have reached their limits, in terms of demand for distinguished characteristics. Advanced ceramics deliver mechanical strength, unique tribological properties, excellent thermal conductivity and electrical insulation. Additionally, advanced ceramics are being developed for cooling management solutions, an imperative requirement in power electronics wherein advanced ceramics deliver low thermal resistance and electrical insulation during the function of cooling. Versatility combined with unique characteristics of advanced ceramics provide excellent properties suitable for the electric vehicles.
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High-Performance Engineering Applications Create Demand for Ceramic Matrix Composites
Reinforced with fibers such as silicon carbide, ceramic matrix composites (CMCs) offer end users important properties, such as low density, excellent thermal and chemical resistance, and higher strength. That, combined with CMCs’ intrinsic property to be tailored as composites, make the material suitable for high-performance engineering applications, especially in aerospace and defense industries. Advanced ceramics such as ceramic matrix composites have huge potential in 3D printing whether the material is oxide-oxide, C/C or SiC/SiC as it has combination of properties required in the industry space. The advanced ceramics landscape is witnessing new developments of highly efficient next generation of CMCs that are highly adopted in critical applications such as military, industrial turbines and commercial jet engines.
Opportunities Abound for Advanced Ceramics Manufacturers as Sensors become Integral to ‘IOT Revolution’
As clamor for highly-advanced and sophisticated technologies is on the rise, multiple appliances are being outfitted with different types of sensors for efficient communication and detection. End-users show continued preferences for efficient sensors that don’t interfere with core purpose of the respective device, while reinvigorating the connectivity and reliability aspects. In response to the aforementioned, technical ceramics or advanced ceramics is rapidly stepping in and putting metal and polymer variants in the shade. Durability, acute thermal management and electrical insulation drives the large-scale penetration of advanced ceramics in sensor components, offering repeatable and reliable performance amid demanding ecosystems.
Intensifying Competition between Players to Augur Well for Sales
The competition in advanced ceramics market have been observed to intensify in the recent years. The manufacturers of advanced ceramics are investing in improving their product offering, as well as expanding their production capacities, to cater to the rising demand. For instance, General Electric acquired the business of Advanced Ceramics Corporation. The 3M Company, acquired the advanced ceramics business of Ceradyne Inc. in 2012. With this acquisition the company further strengthened its position and product offerings in North America. As the shift towards low carbon economy gains widespread momentum, the market players are eyeing to take a significant slice of piezoelectric ceramics space. Government and private equity investments in energy-harvesting technologies continue to promote the development of piezoelectric sensors and transducers, alluding to a bright future application scope for advanced ceramics. Additionally, advanced ceramics sales will be driven by their vitality in sensors that seek extensive adoption in smart factories, wherein automation, robotics, IoT, and AI technologies are gaining fast momentum.
Notable Advances in Advanced Ceramics R&D Complementing Adoption
Persistent advances in research and development framework are expanding the application possibilities for advanced ceramics, thereby working in favor of the manufacturers. One such significant advances includes improvements in the fracture toughness, primarily for structural ceramics. Unlike the conventional ceramics with low strength, the new-age advanced ceramics are making headway with unparalleled strength and robustness. Several new technologies have been introduced to the fore over the recent years that are aimed at ameliorating efficiency of advanced ceramics, such as fiber reinforcement and incorporation of extra duct binders, influencing year-on-year growth of the global market. Several research studies point that advanced ceramics have demonstrated exceptional consistency amid severe conditions, including transport, energy and environment, wear-related applications, and electronic applications. However, several other studies also quote that advanced ceramics are yet to gain broader market penetration, which can be enabled by persistent efforts in research and development.
Advanced Ceramics Market – Definition
Advanced ceramics differ from ceramics wherein the materials and processes used in the manufacturing of ceramics have special properties. These special properties provide advanced ceramics with an advanced strength in the form of resistance to heat, corrosion and wear. Advanced ceramics are designed to overcome limitations of traditional ceramics while retaining the original properties of ceramic material.
Advanced Ceramics Market – About the Report
Fact.MR has recently published a market research analysis on the advanced ceramics market. The advanced ceramics market report tracks the market performance for the historical period of 2013-2017 and forecast period 2018-2027. The report provides an extensive analysis of advanced ceramics market drivers, challenges, trends and opportunities. Inclusion of associated industry analysis, market attractiveness and regional analysis aids in delivering the most credible forecast of the advanced ceramics market.
Advanced Ceramics Market – Segmentation
The advanced ceramics market is thoroughly studied for the demand trends and other forecast factors impacting the market growth. The advanced ceramics market segmented based on application, by ceramic class and ceramic types. Study of individual segments carries exhaustive analysis of all the sub-segments. The advanced ceramics market analysis also includes regional analysis of North America, Latin America, Europe, Japan, APEJ and MEA.
Additional Questions Answered
The report also offers answers to other important queries associated with the advanced ceramics market, such as
- What will be the advanced ceramics market size in 2019?
- Which region is most lucrative for advanced ceramics market?
- What is the application scope of advanced ceramics in aerospace & defense?
- What is the volume share of alumina ceramics and silicon nitride in advanced ceramics market?
Advanced Ceramics Market – Research Methodology
In the section of research methodology, a robust methodology of research followed during the course of advanced ceramics market study is mentioned in detail. The research methodology used during advanced ceramics market analysis includes primary and secondary research approaches. The research methodology section also talks about resources used to carry out primary and secondary research approaches. Information of resources enables users to thoroughly fathom the credibility of the market research data provided in advanced ceramics market report.
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Global Advanced Ceramics Market: Regional Segmentation
To understand the changing political scenario, analysts have regionally segmented the market. This gives an overview of the political and socio-economic status of the regions that is expected to impact the market dynamic.
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Global Advanced Ceramics Market: Research Methodology
Fact.MR uses a unique investigative approach to make an accurate assessment of the global Advanced Ceramics market. To begin with, the analysis has been put together using primary and secondary research methodologies. The information has been authenticated by market expert through valuable commentary. Research analysts have also conducted exhaustive interviews with market-relevant questions to collate this research report.
Global Advanced Ceramics Market: Competitive Rivalry
The research report also studied the key players operating in the global Advanced Ceramics market. It has evaluated and elucidated the research and development statuses of these companies, their financial outlooks, and their expansion plans for the forecast period. In addition, the research report also includes the list of strategic initiatives that clearly explain the achievements of the companies in the recent past.
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