The industrial ceramics market was valued at $6,697.10 million in 2021 and is estimated to reach $12,027.30 million by 2031, exhibiting a CAGR of 5.9% from 2022 to 2031. Industrial ceramics are inorganic, nonmetallic materials with properties such as high strength and hardness, high melting points, chemical inertness, and low thermal and electrical conductivity. They also exhibit brittleness and sensitivity to defects.
Industrial ceramics are used in various applications such as automotive, aerospace, electronics, energy transmission and military. Rise in purchasing power of masses in emerging economies, has significantly increased the demand for electronic products. Thus, major players in the electronics industry are expanding their production capacities. For instance, on January 29, 2020, Murata, a global leader in electrical components, has expanded its new facility in Vantaa, Finland. The new factory has a total area of around 16,000 square meters. The insulating, semiconducting, superconducting, magnetic, and piezoelectric properties of industrial ceramics makes it suitable for use in various electronic products such as capacitors, inductors, circuit protection devices, displays, audio systems, and other electronic products. Thus, the growth of electronics industry positively influences the growth of the industrial ceramics market.
Moreover, surge in use of electronic ceramics in diagnostic imaging and robotic surgical tools that require precision functionality boosts the market growth. Other factors, such as rise in demand for automotives and aircrafts, are expected to propel the market growth. In addition, one of the major factors propelling the growth of the industrial ceramics market is the increase in substitution of metal and plastic products with industrial ceramic products. Properties such as high wear resistance, high compressive strength, massive electrical resistance, and strong corrosion resistance make it an economical substitute of metals.
However, industrial ceramics have technical limitations such as insufficient tensile strength, component shape, reliability, and dimensional tolerances. Furthermore, due to cracks, brittle fractures, and edge chipping, traditional machining techniques such as turning, milling, and drilling have difficulty processing modern ceramics due to their creep resistance and high strength. Thereby, restraining the growth of the market.
Thermal expansion is a typical problem that leads to component breakage in a variety of energy and power end users due to high temperatures and variable conditions. This in turn helps in avoiding accidents because of increasing voltage by breaking down ceramic components. For instance, in 2022 Ceram Tec introduced its new AIN (aluminum nitride) HP, a new high-performance substrate with exceptional thermal conductivity and a good fit for power converters. Advanced ceramics have significantly less thermal expansion when subjected to the same environmental conditions as other standard alloys and metals. This aspect has affected how industrial ceramics are used in a variety of end-use industries, including the power and energy sectors. So, a material like that can fuel the industrial ceramic market's expansion.
The industrial ceramic market is segmented on the basis of material type, product material type, end user and region. Based on material type, the market is divided into oxide and non-oxide. Based on product type, the market is divided into composite ceramics and monolithic ceramics. Based on end user industry, the market is divided into automotive & aerospace, energy & power, and other.
Region wise, the industrial ceramics market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Industrial ceramics are used in various applications such as automotive, aerospace, electronics, energy transmission and military. Rise in purchasing power of masses in emerging economies, has significantly increased the demand for electronic products. Thus, major players in the electronics industry are expanding their production capacities. For instance, on January 29, 2020, Murata, a global leader in electrical components, has expanded its new facility in Vantaa, Finland. The new factory has a total area of around 16,000 square meters. The insulating, semiconducting, superconducting, magnetic, and piezoelectric properties of industrial ceramics makes it suitable for use in various electronic products such as capacitors, inductors, circuit protection devices, displays, audio systems, and other electronic products. Thus, the growth of electronics industry positively influences the growth of the industrial ceramics market.
Moreover, surge in use of electronic ceramics in diagnostic imaging and robotic surgical tools that require precision functionality boosts the market growth. Other factors, such as rise in demand for automotives and aircrafts, are expected to propel the market growth. In addition, one of the major factors propelling the growth of the industrial ceramics market is the increase in substitution of metal and plastic products with industrial ceramic products. Properties such as high wear resistance, high compressive strength, massive electrical resistance, and strong corrosion resistance make it an economical substitute of metals.
However, industrial ceramics have technical limitations such as insufficient tensile strength, component shape, reliability, and dimensional tolerances. Furthermore, due to cracks, brittle fractures, and edge chipping, traditional machining techniques such as turning, milling, and drilling have difficulty processing modern ceramics due to their creep resistance and high strength. Thereby, restraining the growth of the market.
Thermal expansion is a typical problem that leads to component breakage in a variety of energy and power end users due to high temperatures and variable conditions. This in turn helps in avoiding accidents because of increasing voltage by breaking down ceramic components. For instance, in 2022 Ceram Tec introduced its new AIN (aluminum nitride) HP, a new high-performance substrate with exceptional thermal conductivity and a good fit for power converters. Advanced ceramics have significantly less thermal expansion when subjected to the same environmental conditions as other standard alloys and metals. This aspect has affected how industrial ceramics are used in a variety of end-use industries, including the power and energy sectors. So, a material like that can fuel the industrial ceramic market's expansion.
The industrial ceramic market is segmented on the basis of material type, product material type, end user and region. Based on material type, the market is divided into oxide and non-oxide. Based on product type, the market is divided into composite ceramics and monolithic ceramics. Based on end user industry, the market is divided into automotive & aerospace, energy & power, and other.
Region wise, the industrial ceramics market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Competition analysis
The major players profiled in the industrial ceramic market include Kyocera, Anderman Industrial Ceramics, Elan Technology, Khyati Ceramics, Industrial Ceramic Products, Inc., AGC Ceramics Co., Ltd., Carborundum Universal Limited, CM Cera Co Ltd., LSP Industrial Ceramics, Inc., Schaefer Industrial Ceramic.Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the industrial ceramics market analysis from 2021 to 2031 to identify the prevailing industrial ceramics market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the industrial ceramics market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global industrial ceramics market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Material
- Oxide
- Non-Oxide
By Product
- Monolithic ceramics
- Composite ceramics
- Other
- Automotive and Aerospace
- Energy and Power
- Electronics and Semiconductor
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Kyocera
- Anderman Industrial Ceramics
- Khyati Ceramics
- AGC Ceramics Co., Ltd.
- Carborundum Universal Limited
- CM Cera Co Ltd.
- Schaefer Industrial Ceramic
- Elan Technology
- Industrial Ceramic Products, Inc.
- LSP Industrial Ceramics, Inc.
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Advantages of industrial ceramics
3.4.1.2. Growth of the automotive industry
3.4.1.3. Growth of the electronics industry
3.4.2. Restraints
3.4.2.1. Fluctuating prices of raw materials
3.4.2.2. Technical limitations of industrial ceramics
3.4.3. Opportunities
3.4.3.1. Rapid growth of energy & power sector in emerging economies
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: INDUSTRIAL CERAMICS MARKET, BY MATERIAL
4.1 Overview
4.1.1 Market size and forecast
4.2. Oxide
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Non-Oxide
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
CHAPTER 5: INDUSTRIAL CERAMICS MARKET, BY PRODUCT
5.1 Overview
5.1.1 Market size and forecast
5.2. Monolithic ceramics
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Composite ceramics
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
CHAPTER 6: INDUSTRIAL CERAMICS MARKET, BY END-USER
6.1 Overview
6.1.1 Market size and forecast
6.2. Automotive and Aerospace
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. Energy and Power
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Electronics and Semiconductor
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5. Other
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
CHAPTER 7: INDUSTRIAL CERAMICS MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Material
7.2.3 North America Market size and forecast, by Product
7.2.4 North America Market size and forecast, by End-User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Material
7.2.5.1.3 Market size and forecast, by Product
7.2.5.1.4 Market size and forecast, by End-User
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Material
7.2.5.2.3 Market size and forecast, by Product
7.2.5.2.4 Market size and forecast, by End-User
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Material
7.2.5.3.3 Market size and forecast, by Product
7.2.5.3.4 Market size and forecast, by End-User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Material
7.3.3 Europe Market size and forecast, by Product
7.3.4 Europe Market size and forecast, by End-User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Material
7.3.5.1.3 Market size and forecast, by Product
7.3.5.1.4 Market size and forecast, by End-User
7.3.5.2 France
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Material
7.3.5.2.3 Market size and forecast, by Product
7.3.5.2.4 Market size and forecast, by End-User
7.3.5.3 Italy
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Material
7.3.5.3.3 Market size and forecast, by Product
7.3.5.3.4 Market size and forecast, by End-User
7.3.5.4 UK
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Material
7.3.5.4.3 Market size and forecast, by Product
7.3.5.4.4 Market size and forecast, by End-User
7.3.5.5 Rest of Europe
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Material
7.3.5.5.3 Market size and forecast, by Product
7.3.5.5.4 Market size and forecast, by End-User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Material
7.4.3 Asia-Pacific Market size and forecast, by Product
7.4.4 Asia-Pacific Market size and forecast, by End-User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Material
7.4.5.1.3 Market size and forecast, by Product
7.4.5.1.4 Market size and forecast, by End-User
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Material
7.4.5.2.3 Market size and forecast, by Product
7.4.5.2.4 Market size and forecast, by End-User
7.4.5.3 India
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Material
7.4.5.3.3 Market size and forecast, by Product
7.4.5.3.4 Market size and forecast, by End-User
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Material
7.4.5.4.3 Market size and forecast, by Product
7.4.5.4.4 Market size and forecast, by End-User
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Material
7.4.5.5.3 Market size and forecast, by Product
7.4.5.5.4 Market size and forecast, by End-User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Material
7.5.3 LAMEA Market size and forecast, by Product
7.5.4 LAMEA Market size and forecast, by End-User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Material
7.5.5.1.3 Market size and forecast, by Product
7.5.5.1.4 Market size and forecast, by End-User
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Material
7.5.5.2.3 Market size and forecast, by Product
7.5.5.2.4 Market size and forecast, by End-User
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Material
7.5.5.3.3 Market size and forecast, by Product
7.5.5.3.4 Market size and forecast, by End-User
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1 Kyocera
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 Anderman Industrial Ceramics
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 Khyati Ceramics
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 AGC Ceramics Co., Ltd.
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 Carborundum Universal Limited
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 CM Cera Co Ltd.
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 Schaefer Industrial Ceramic
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 Elan Technology
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.8.7 Key strategic moves and developments
9.9 Industrial Ceramic Products, Inc.
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 LSP Industrial Ceramics, Inc.
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
List of Tables
Table 1. Global Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 2. Industrial Ceramics Market for Oxide, by Region, 2021-2031 (Revenue, $Million)
Table 3. Industrial Ceramics Market for Non-Oxide, by Region, 2021-2031 (Revenue, $Million)
Table 4. Global Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 5. Industrial Ceramics Market for Monolithic Ceramics, by Region, 2021-2031 (Revenue, $Million)
Table 6. Industrial Ceramics Market for Composite Ceramics, by Region, 2021-2031 (Revenue, $Million)
Table 7. Global Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 8. Industrial Ceramics Market for Automotive and Aerospace, by Region, 2021-2031 (Revenue, $Million)
Table 9. Industrial Ceramics Market for Energy and Power, by Region, 2021-2031 (Revenue, $Million)
Table 10. Industrial Ceramics Market for Electronics and Semiconductor, by Region, 2021-2031 (Revenue, $Million)
Table 11. Industrial Ceramics Market for Other, by Region, 2021-2031 (Revenue, $Million)
Table 12. Industrial Ceramics Market, by Region, 2021-2031 (Revenue, $Million)
Table 13. North America Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 14. North America Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 15. North America Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 16. North America Industrial Ceramics Market, by Country, 2021-2031 (Revenue, $Million)
Table 17. U.S. Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 18. U.S. Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 19. U.S. Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 20. Canada Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 21. Canada Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 22. Canada Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 23. Mexico Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 24. Mexico Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 25. Mexico Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 26. Europe Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 27. Europe Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 28. Europe Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 29. Europe Industrial Ceramics Market, by Country, 2021-2031 (Revenue, $Million)
Table 30. Germany Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 31. Germany Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 32. Germany Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 33. France Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 34. France Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 35. France Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 36. Italy Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 37. Italy Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 38. Italy Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 39. UK Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 40. UK Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 41. UK Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 42. Rest of Europe Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 43. Rest of Europe Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 44. Rest of Europe Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 45. Asia-Pacific Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 46. Asia-Pacific Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 47. Asia-Pacific Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 48. Asia-Pacific Industrial Ceramics Market, by Country, 2021-2031 (Revenue, $Million)
Table 49. China Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 50. China Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 51. China Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 52. Japan Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 53. Japan Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 54. Japan Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 55. India Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 56. India Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 57. India Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 58. South Korea Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 59. South Korea Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 60. South Korea Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 61. Rest of Asia-Pacific Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 62. Rest of Asia-Pacific Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 63. Rest of Asia-Pacific Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 64. LAMEA Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 65. LAMEA Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 66. LAMEA Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 67. LAMEA Industrial Ceramics Market, by Country, 2021-2031 (Revenue, $Million)
Table 68. Latin America Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 69. Latin America Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 70. Latin America Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 71. Middle East Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 72. Middle East Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 73. Middle East Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 74. Africa Industrial Ceramics Market, by Material, 2021-2031 (Revenue, $Million)
Table 75. Africa Industrial Ceramics Market, by Product, 2021-2031 (Revenue, $Million)
Table 76. Africa Industrial Ceramics Market, by End-User, 2021-2031 (Revenue, $Million)
Table 77. Kyocera: Key Executives
Table 78. Kyocera: Company Snapshot
Table 79. Kyocera: Operating Segments
Table 80. Kyocera: Product Portfolio
Table 81. Kyocera: Net Sales
Table 82. Kyocera: Key Stratergies
Table 83. Anderman Industrial Ceramics: Key Executives
Table 84. Anderman Industrial Ceramics: Company Snapshot
Table 85. Anderman Industrial Ceramics: Operating Segments
Table 86. Anderman Industrial Ceramics: Product Portfolio
Table 87. Anderman Industrial Ceramics: Net Sales
Table 88. Anderman Industrial Ceramics: Key Stratergies
Table 89. Khyati Ceramics: Key Executives
Table 90. Khyati Ceramics: Company Snapshot
Table 91. Khyati Ceramics: Operating Segments
Table 92. Khyati Ceramics: Product Portfolio
Table 93. Khyati Ceramics: Net Sales
Table 94. Khyati Ceramics: Key Stratergies
Table 95. Agc Ceramics Co. Ltd.: Key Executives
Table 96. Agc Ceramics Co. Ltd.: Company Snapshot
Table 97. Agc Ceramics Co. Ltd.: Operating Segments
Table 98. Agc Ceramics Co. Ltd.: Product Portfolio
Table 99. Agc Ceramics Co. Ltd.: Net Sales
Table 100. Agc Ceramics Co. Ltd.: Key Stratergies
Table 101. Carborundum Universal Limited: Key Executives
Table 102. Carborundum Universal Limited: Company Snapshot
Table 103. Carborundum Universal Limited: Operating Segments
Table 104. Carborundum Universal Limited: Product Portfolio
Table 105. Carborundum Universal Limited: Net Sales
Table 106. Carborundum Universal Limited: Key Stratergies
Table 107. Cm Cera Co Ltd.: Key Executives
Table 108. Cm Cera Co Ltd.: Company Snapshot
Table 109. Cm Cera Co Ltd.: Operating Segments
Table 110. Cm Cera Co Ltd.: Product Portfolio
Table 111. Cm Cera Co Ltd.: Net Sales
Table 112. Cm Cera Co Ltd.: Key Stratergies
Table 113. Schaefer Industrial Ceramic: Key Executives
Table 114. Schaefer Industrial Ceramic: Company Snapshot
Table 115. Schaefer Industrial Ceramic: Operating Segments
Table 116. Schaefer Industrial Ceramic: Product Portfolio
Table 117. Schaefer Industrial Ceramic: Net Sales
Table 118. Schaefer Industrial Ceramic: Key Stratergies
Table 119. Elan Technology: Key Executives
Table 120. Elan Technology: Company Snapshot
Table 121. Elan Technology: Operating Segments
Table 122. Elan Technology: Product Portfolio
Table 123. Elan Technology: Net Sales
Table 124. Elan Technology: Key Stratergies
Table 125. Industrial Ceramic Products, Inc.: Key Executives
Table 126. Industrial Ceramic Products, Inc.: Company Snapshot
Table 127. Industrial Ceramic Products, Inc.: Operating Segments
Table 128. Industrial Ceramic Products, Inc.: Product Portfolio
Table 129. Industrial Ceramic Products, Inc.: Net Sales
Table 130. Industrial Ceramic Products, Inc.: Key Stratergies
Table 131. Lsp Industrial Ceramics, Inc.: Key Executives
Table 132. Lsp Industrial Ceramics, Inc.: Company Snapshot
Table 133. Lsp Industrial Ceramics, Inc.: Operating Segments
Table 134. Lsp Industrial Ceramics, Inc.: Product Portfolio
Table 135. Lsp Industrial Ceramics, Inc.: Net Sales
Table 136. Lsp Industrial Ceramics, Inc.: Key Stratergies
List of Figures
Figure 1. Segmentation of Industrial Ceramics Market, 2021-2031
Figure 2. Industrial Ceramics Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Industrial Ceramics Market: Drivers, Restraints and Opportunities
Figure 10. Industrial Ceramics Market, by Material, 2021 (%)
Figure 11. Comparative Share Analysis of Oxide Industrial Ceramics Market, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Non-Oxide Industrial Ceramics Market, 2021 and 2031 (%)
Figure 13. Industrial Ceramics Market, by Product, 2021 (%)
Figure 14. Comparative Share Analysis of Monolithic Ceramics Industrial Ceramics Market, 2021 and 2031 (%)
Figure 15. Comparative Share Analysis of Composite Ceramics Industrial Ceramics Market, 2021 and 2031 (%)
Figure 16. Industrial Ceramics Market, by End-User, 2021 (%)
Figure 17. Comparative Share Analysis of Automotive and Aerospace Industrial Ceramics Market, 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of Energy and Power Industrial Ceramics Market, 2021 and 2031 (%)
Figure 19. Comparative Share Analysis of Electronics and Semiconductor Industrial Ceramics Market, 2021 and 2031 (%)
Figure 20. Comparative Share Analysis of Other Industrial Ceramics Market, 2021 and 2031 (%)
Figure 21. Industrial Ceramics Market by Region, 2021
Figure 22. U.S. Industrial Ceramics Market, 2021-2031 ($Million)
Figure 23. Canada Industrial Ceramics Market, 2021-2031 ($Million)
Figure 24. Mexico Industrial Ceramics Market, 2021-2031 ($Million)
Figure 25. Germany Industrial Ceramics Market, 2021-2031 ($Million)
Figure 26. France Industrial Ceramics Market, 2021-2031 ($Million)
Figure 27. Italy Industrial Ceramics Market, 2021-2031 ($Million)
Figure 28. UK Industrial Ceramics Market, 2021-2031 ($Million)
Figure 29. Rest of Europe Industrial Ceramics Market, 2021-2031 ($Million)
Figure 30. China Industrial Ceramics Market, 2021-2031 ($Million)
Figure 31. Japan Industrial Ceramics Market, 2021-2031 ($Million)
Figure 32. India Industrial Ceramics Market, 2021-2031 ($Million)
Figure 33. South Korea Industrial Ceramics Market, 2021-2031 ($Million)
Figure 34. Rest of Asia-Pacific Industrial Ceramics Market, 2021-2031 ($Million)
Figure 35. Latin America Industrial Ceramics Market, 2021-2031 ($Million)
Figure 36. Middle East Industrial Ceramics Market, 2021-2031 ($Million)
Figure 37. Africa Industrial Ceramics Market, 2021-2031 ($Million)
Figure 38. Top Winning Strategies, by Year
Figure 39. Top Winning Strategies, by Development
Figure 40. Top Winning Strategies, by Company
Figure 41. Product Mapping of Top 10 Players
Figure 42. Competitive Dashboard
Figure 43. Competitive Heatmap of Top 10 Key Players
Figure 44. Top Player Positioning, 2021
Figure 45. Kyocera.: Net Sales ($Million)
Figure 46. Anderman Industrial Ceramics.: Net Sales ($Million)
Figure 47. Khyati Ceramics.: Net Sales ($Million)
Figure 48. Agc Ceramics Co. Ltd..: Net Sales ($Million)
Figure 49. Carborundum Universal Limited.: Net Sales ($Million)
Figure 50. Cm Cera Co Ltd..: Net Sales ($Million)
Figure 51. Schaefer Industrial Ceramic.: Net Sales ($Million)
Figure 52. Elan Technology.: Net Sales ($Million)
Figure 53. Industrial Ceramic Products, Inc..: Net Sales ($Million)
Figure 54. Lsp Industrial Ceramics, Inc..: Net Sales ($Million)
Executive Summary
According to the report titled, “Industrial Ceramics Market," The industrial ceramics market was valued at $6.7 billion in 2021, and is estimated to reach $12 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031.Industrial ceramics are inorganic, nonmetallic products with advantageous physical characteristics like high strength and hardness, high melting temperatures, chemical inertness, and low thermal and electrical conductivity. The growing use of industrial ceramic items to replace metal and plastic products is one of the key drivers of the market for these materials' expansion. Industrial ceramics enhance the material's increased hardness, great wear resistance, high compressive strength, enormous electrical resistance, and strong corrosion resistance. By allowing for both some electrical conductivity and a relatively high thermal conductivity, some ceramics, such silicon carbide made by chemical vapour deposition (CVD), offer significant benefits. Throughout the course of the projection period, it is also anticipated that the use of advanced ceramics would increase in popularity among a number of end users, including those in the automotive, power & energy, as well as the developing telecom and medical industries. For instance, in February 2021, Ceram Tec has launched a new 3D printing process named ROCAR 3D to produce construction elements made from technical ceramic materials. This process is a fast, cost-effective 3D printing process. Additionally, the demand for reliable and long-lasting products in the automotive sector has expanded the usage of industrial ceramics in the production of automobiles. Because of their excellent thermal and electrical characteristics, ceramic products can be used in a variety of sensors, mechanical seals, ceramic bearings, and valves. These are the elements fueling market expansion.
Technical restrictions on industrial ceramics include inadequate tensile strength, component shape, dependability, and dimensional tolerances, among other issues. Additionally, due to their extreme strength and resistance to creep, modern ceramics are difficult to process using traditional machining techniques like turning, milling, and drilling due to cracks, brittle fractures, and edge chipping. As a result, this element limits the expansion of the industrial ceramics sector.
In addition, the outbreak of COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering the growth of the industrial ceramics market. However, this situation is expected to improve as government is relaxing norms around the world for resuming business activities.
In a range of energy and power end users, thermal expansion is a common issue that results in component breakage because of high temperatures and unstable situations. By shattering the ceramic component, this helps to prevent accidents that result from excessive voltage. In addition, major market competitors are concentrating on product launches. For instance, in 2022 Ceram Tec launched its brand-new AIN (aluminium nitride) HP, a high-performance substrate that, because to its excellent thermal conductivity, is ideal for power converters. In addition, in July 2022, AGC Si-Tech has Launched Integrated Silica Product Brand RESIFATM for Expanding Eco-friendly Silica Products such as Microplastic Substitutes throughout the Nordic region. Under the same climatic circumstances as other common alloys and metals, advanced ceramics display significantly lower thermal expansion. The use of industrial ceramics in various end-use industries, particularly the power and energy sectors, has been impacted by this factor. As a result, a material like this can help to fuel the market.
The industrial ceramic market is segmented on the basis of material type, product type, end user, and region. Based on material type, the market is divided into oxide and non-oxide. Based on product type, the market is divided into composite ceramics and monolithic ceramics. Based on end user, the market is divided into automotive & aerospace, energy & power, and Other (Military & Defense, Medical). On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competition Analysis
The major players profiled in the industrial ceramic market include Kyocera, Anderman Industrial Ceramics, Elan Technology, Khyati Ceramics, Industrial Ceramic Products, Inc., AGC Ceramics Co., Ltd., Carborundum Universal Limited, CM Cera Co Ltd., LSP Industrial Ceramics, Inc., Schaefer Industrial Ceramic.Key Findings of the Study
The report provides an extensive analysis of the current and emerging global industrial ceramic market trends and dynamics.Depending on material type, the oxide ceramic advanced segment was the largest revenue generator in 2021.
- By product type, the monolithic ceramics segment generated the highest revenue in 2021.
- Based on end user, the automotive & aerospace segment dominated the market in 2021.
- Region wise, Asia-Pacific dominated the market in 2021. And LAMEA anticipated to exhibit the highest CAGR in the global industrial ceramic market throughout the study period.
- The report provides an extensive analysis of the global industrial ceramic market trends and emerging opportunities of the market.
- The global industrial ceramic market forecast analysis from 2022 to 2031 is included in the report.
Companies Mentioned
- Kyocera
- Anderman Industrial Ceramics
- Khyati Ceramics
- AGC Ceramics Co., Ltd.
- Carborundum Universal Limited
- CM Cera Co Ltd.
- Schaefer Industrial Ceramic
- Elan Technology
- Industrial Ceramic Products, Inc.
- LSP Industrial Ceramics, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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