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Advanced Ceramics - Global Strategic Business Report

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    Report

  • 778 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2832314

Global Advanced Ceramics Market to Reach $96.4 Billion by 2030

The global market for Advanced Ceramics estimated at US$68.8 Billion in the year 2023, is projected to reach a revised size of US$96.4 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2023-2030. Monolithic Ceramics, one of the segments analyzed in the report, is projected to record 4.1% CAGR and reach US$73.2 Billion by the end of the analysis period. Growth in the Coatings segment is estimated at 4.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $15.5 Billion, While China is Forecast to Grow at 5.1% CAGR

The Advanced Ceramics market in the U.S. is estimated at US$15.5 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$31 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 3.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 211 Featured)

  • 3M Company
  • Applied Ceramics, Inc.
  • Blasch Precision Ceramics, Inc.
  • CeramTec GmbH
  • CoorsTek, Inc.
  • Corning, Inc.
  • International Ceramics, Inc.
  • Japan Fine Ceramics Co. Ltd.
  • Kyocera Corporation
  • Materion Corporation
  • Momentive Technologies, Inc.
  • Morgan Advanced Materials Plc
  • Murata Manufacturing Co. Ltd.
  • NGK Insulators Ltd.
  • Paul Rauschert GmbH & Co. KG
  • Small Precision Tools Inc.
  • Wonik QnC Corporation

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Global Economic Update
  • Although Declining for the First Time Since the Russia-Ukraine War, Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn Will Take Inflation Longer Than Expected to Fall: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 through 2024
  • Global Economy Slowly Limps Towards Recovery, Resiliently Navigating the War & Decades-High Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Ceramic Manufacturers Report a Rebound After a Challenging Year
  • Manufacturing Growth Skews Upside amid Rising Prices & Supply Chain Hiccups
  • Global PMI Index Points: Jan 2020 to Jul 2023
  • Competitive Scenario
  • Players Bet on Product Innovation to Fortify Position on Advanced Ceramics Market
  • Advanced Ceramics - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Advanced Ceramics: An Introduction
  • Tailor-Made Advanced Ceramics in Perfect Elements with Exciting Niche Properties
  • Types of Advanced Ceramics
  • Advanced Ceramics Open New Frontiers in Material Science
  • Two-in-One Benefit Zooms Popularity of Advanced Ceramics in Various Application Industries
  • Global Market Prospects & Outlook
  • Key Drivers, Opportunities, Challenges and Restraints Impacting the Market
  • Market Recuperates Losses Following COVID-19 Setback
  • Crests & Toughs with Interesting Dynamics in the Advanced Ceramics Market
  • Challenges Restraining Market Growth
  • Geographic Market Analysis
  • World Advanced Ceramics Market: Percentage Breakdown of Sales for Developed and Developing Regions for the Years 2023 & 2030
  • Monolithic Ceramics Dominates the Market
  • World Advanced Ceramics Market by Segment (2023 & 2030): Percentage Breakdown of Sales for Monolithic Ceramics, Coatings, and Matrix Composites
  • Demand for Ceramic Coatings on Rise
  • Ceramic Matrix Composites (CMCs): The Fastest Growing Segment
  • Advanced Ceramics as Compelling Answer to Wear Phenomena
  • Electrical & Electronics: Major End-Use market
  • World Advanced Ceramics Market by End-Use (2023 & 2030): Percentage Breakdown of Sales for Electrical & Electronics, Transportation, Machinery, Medical, and Other End-Uses
  • Recent Market Activity
  • Select Global Brands
  • Influencer Market Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Advanced Ceramics: A Tantalizing & Welcome Development in New Materials Domain
  • Future of Advanced Ceramics Market Looks Bright with Palpable Interest in Advanced Materials across Industries
  • Accelerating Pace of Digital Transformation Drives Opportunities
  • Global Digital Transformation Spending (Spending in $ Billion) for Years 2017-2023
  • Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022E & 2025F
  • Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2023E
  • 3D Printing to Experience Increased Adoption in Advanced Ceramics
  • 3D Printing Facilitates Production of Advanced Ceramics for Energy Applications
  • Advanced Ceramics Evolve to Align with Changing Requirement of Applications
  • Superior Attributes of Advanced Ceramics Make Them an Inherent Part of Semiconductor Industry
  • Global Semiconductor Industry (2023E): Percentage Breakdown of Revenues by Application
  • World Semiconductor Industry % YoY Revenue Growth: 2015-2022
  • Prevailing Trends in Industrial Automation Favor Growth
  • Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
  • Global Industrial Automation Market (in US$ Billion) for the Years 2023E, 2025F, 2027F. 2029F and 2032F
  • Technical Ceramics Bring Unique Properties to Table to Unwind Amazing Future for Manufacturing
  • Advanced Ceramics & Industrial Robotics and Automation: The Power of Two to Rewrite Future of Manufacturing
  • Industry Focus on Sustainability to Drive Growth
  • Advanced Ceramic Materials to Enable Sustainable AI
  • Material Technology Advancements Drive Adoption of Electronic Ceramics
  • Industry Focus Grows on Innovative Material Manufacturing and Processing
  • Additive Manufacturing Advantageous for Advanced Ceramics Production
  • Technical Ceramics Garner Attention in Space Programs
  • Advanced Ceramic Tiling & Plates for Military & Astronautics
  • The Space Ahead with Ion Propulsion
  • Advanced Ceramics Enables Development of Future-Forward Technological Devices
  • Advanced Ceramics Witness Increasing Consumption in Armor Manufacturing for Military and Defense Applications
  • Defense Spending Levels Influence Growth Opportunities
  • Defense Budget (In US$ Billion) for the Years 2019, 2021 and 2023E
  • Global Military Expenditure by Key Regions in US$ Million (2011-2019)
  • Military Expenditure as a % of GDP in Select Countries
  • Large Scale Rollout of 5G Technology to Boost Market Prospects
  • 5G Smartphone Sales in Million Units: 2019-2024E
  • Global 5G Chipset Market (In US$ Billion) for the Years 2019, 2021, 2023E, 2025F & 2026F
  • Innovations and Technology Advancements Drive Momentum
  • Piezo Ceramic Components Drive Opportunities
  • Use of Ceramics in Rechargeable Storage
  • Revival in Automobile Production and Tightening of Regulations to Drive Consumption in Automobile Industry
  • Recap of COVID-19 Impact on the Automotive Industry in 2020
  • Global Automobile Production (In Million Units) for the Years 2011 - 2022E
  • Outlook Remains Positive
  • Semiconductor Chip Shortages & Its Induced Production Woes, a Downside Risk Aggravating Market Nervousness
  • Rise in Automotive Electronics Share in Vehicles top Drive Consumption of Advanced Ceramics
  • Automotive Electronics as a Percentage (%) of Vehicle Production Cost for the Years 2010, 2020 & 2030F
  • Growing Demand for Electric Vehicles (EVs) and Hybrid Vehicles to Drive Momentum
  • Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
  • Aerospace Technology: Sky is the Limit with Advanced Ceramics
  • Aerospace Applications of Advanced Ceramics
  • Commercial Aviation: A Major Market for Advanced Ceramics
  • Downturn in Aerospace Industry Impacts Demand
  • Commercial Airline Revenue Growth (in %) for 2014-2022E Year Growth Rate (%)
  • Global Airlines Performance by Region: 2020 Vs 2019
  • Advanced Ceramics to benefit with Spike in Aircraft Orders
  • Global Commercial Aircraft Fleet Size (in Units) by Geographic Region for the Years 2019 & 2039
  • Commercial Aircraft Orders & Deliveries for Airbus for the Year 2022 Vs. 2021 (In Units)
  • New Route Expansion Signals a Good Return to Business & a Strong Business Case for New Aircraft Orders & Deliveries: Number of New Aircraft Demanded (In Units) as a Result of New Air Route Expansion by 2041
  • Ceramic Matrix Composites Consumption on Rise in the Aerospace Industry
  • Renewable Energy Sector Drives Opportunities for Advanced Ceramics
  • World Renewable Energy Production (In Trillion Kilowatt Hours) by Energy Source for the Years 2017, 2020, 2030F and 2040F
  • Growing Opportunities in the Wind Energy Domain
  • Global Wind Power Market: Cumulated Installed Capacity (in GW) for the Years 2012 through 2024F
  • Rise in Solar Energy Investments Augurs Well for Market Growth
  • World Annual Sales of Solar Cells and Modules in US$ Billion for Years 2012, 2016, 2020, and 2024F
  • Technical Ceramics are Abuzz with Research Initiatives to Further Advance Properties
  • Advanced Technical Ceramics Heralds Great Promise for Clean Technology Industry
  • SOFCs: A Growing Market
  • Ceramics for Green Buildings
  • Superconductors Drive New Opportunities for Advanced Ceramics
  • Advanced Ceramics Emerge as Attractive Alternatives to Plastics and Metals for Medical Applications
  • Global Medical Ceramics Market (2023E): Percentage Breakdown of Revenues by Application
  • Rise in Popularity of Bioceramics in Medical Implants
  • Emergence of Novel Materials Lends Growth
  • Aging Population: An Indirect Growth Driver
  • Expanding Elderly Population Worldwide: Breakdown of Number of People Aged 65+ Years in Million by Geographic Region for the Years 2019 and 2030F
  • Advanced Ceramics: An Important Part of Dentistry Market
  • Rising Demand for Ceramic Braces Augurs Well
  • 3D Printing Streamlines Relevance of Ceramics in Medical Implants Domain
  • Rising Electroceramics Demand to Fuel Growth in Global Advanced Ceramics Market
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Advanced Ceramics Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Advanced Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 3: World Historic Review for Advanced Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 4: World 16-Year Perspective for Advanced Ceramics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Monolithic Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for Monolithic Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for Monolithic Ceramics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for Coatings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Matrix Composites by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for Matrix Composites by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for Matrix Composites by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Electrical & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Electrical & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Electrical & Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2023 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 18: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 19: World 16-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2023 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 21: World Historic Review for Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 22: World 16-Year Perspective for Machinery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2023 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 24: World Historic Review for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 25: World 16-Year Perspective for Medical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2023 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 27: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 28: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Advanced Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Bioceramics Witness Strong Growth
  • Market Overview
  • Key Statistical Findings
  • Advanced Ceramics Market in the US (2024E): Percentage Share Breakdown of Demand by Raw Material Type
  • US Zirconate Ceramics Market (2024E): Percentage Breakdown of Value Demand by End-Use Application
  • US Advanced Ceramics Market Share (in %) by Company: 2023E
  • Market Analytics
CANADA
JAPAN
  • Advanced Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Market Overview
CHINA
  • Advanced Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Market Overview
EUROPE
  • Advanced Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Market Overview
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Advanced Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
INDIA
  • Market Overview
SOUTH KOREATAIWANREST OF ASIA-PACIFICLATIN AMERICABRAZILREST OF LATIN AMERICAREST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 3M Company
  • Applied Ceramics, Inc.
  • Blasch Precision Ceramics, Inc.
  • CeramTec GmbH
  • CoorsTek, Inc.
  • Corning, Inc.
  • International Ceramics, Inc.
  • Japan Fine Ceramics Co. Ltd.
  • Kyocera Corporation
  • Materion Corporation
  • Momentive Technologies, Inc.
  • Morgan Advanced Materials Plc
  • Murata Manufacturing Co. Ltd.
  • NGK Insulators Ltd.
  • Paul Rauschert GmbH & Co. KG
  • Small Precision Tools Inc.
  • Wonik QnC Corporation

Table Information