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Advanced Ceramics Market in the US
Taiyou Research, Sep 2011, Pages: 110
An advanced ceramic is a value-added technical ceramic, which is a type of ceramic exhibiting a high degree of industrial efficiency. Currently, the industry worth is about $10.5 billion. The demand for advanced ceramics in the United States is expected to grow by almost 4% on a yearly basis through 2012. Growth in the electronic component market will be based on materials substitution, as ceramics gain use over alternatives. The medical product market will grow the fastest, benefiting from the increasing use of ceramics in joint implants and dental procedures.
Advanced ceramics can be used in personnel protection, E/O packaging, aeropropulsion, power generation, and industrial processing equipment to name a few. Examples of specific uses for advanced ceramics include gas turbine airfoils, rotors, combustors, and exhaust, E/O laser positioning mirrors and packaging, armor, furnace radiant heaters and fans hot gas filtration etc. Benefits reported from these applications include improvements in productivity, operating cost, performance, and quality.
Although the recession canceled out the heady growth patterns and overly optimistic expectations of many industries, the advanced ceramics market has successfully ridden the worst-ever downturn without recording erosions in market value. This is because of the sheer magnitude of current and potential applications that make advanced ceramics lesser prone to windfall erosions in market net worth.
Given the robust long-term opportunities in this industry, manufacturers are expected to look beyond the current weakness in market demand, and focus on resources and increase investments in research and development, optimization of ceramic fabrication processes, installation of technologically superior processing and quality control equipment, along with tailoring targeted marketing strategies.
Technology improvements, especially in the fracture properties of ceramics, and evolution of new high-temperature fibers based ceramic composites, will also offer ample opportunities for growth.
In this industry scenario, Taiyou Research analyzes the Advanced Ceramics Market in the US. The report covers the following:
- A statistical analysis of the US market for advanced ceramics.
- Analysis of the demand for Advanced Ceramics segmented according to products. Segments analyzed include ceramic coatings, ceramic matrix composites, monolithic ceramics that are further segmented into catalyst supports, electrical and electronic parts and other monolithic ceramics. The industry is further segmented into an analysis of the demand for advanced ceramics by materials.
- Industry trends, regulatory framework and the industry structure are analyzed.
- Markets analyzed in this research report include the market for electronic components, market for electrical equipments, market for industrial machinery, the market for transportation equipments, and other markets.
- Major players are analyzed in this report through a company overview, analysis of business segments, presence in the market, and a SWOT analysis.
- Industry forecast for the Advanced Ceramics Market in the US includes a forecast for all the products as well as each market that utilizes advanced ceramics.
Taiyou Research’s report on the Advanced Ceramics Market in the US is a comprehensive research offering on the industry.
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