Press Releases

IMARC Group, a leading market research company, has recently releases report titled “Advanced Ceramics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global advanced ceramics market size, growth, share, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What is Advanced Ceramics?

Also known as engineering or technical ceramics, advanced ceramics constitute a category of ceramic materials valued for their exceptional properties, making them highly sought after for specialized applications across various industries. Diverging from traditional ceramics, advanced ceramics are meticulously engineered to possess superior mechanical strength, hardness, wear resistance, and thermal stability. Typically comprised of non-metallic, inorganic compounds such as oxides, carbides, nitrides, and borides, these materials play a crucial role in cutting-edge technologies, spanning aerospace components, electronics, medical implants, automotive engines, and high-temperature environments. Their outstanding electrical insulating properties, biocompatibility, and corrosion resistance further elevate their significance in the contemporary technological landscape. Consequently, advanced ceramics emerge as pivotal contributors, enabling advancements across diverse sectors and offering innovative solutions to intricate engineering challenges.

How Big Is the Advanced Ceramics Market?

The global advanced ceramics market size reached US$ 96.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 158.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.05% during 2023-2028.

What Are the Growth Prospects and Trends in The Advanced Ceramics Industry?

With elevated strength, hardness, wear resistance, chemical inertness, and thermal stability, advanced ceramics are extensively utilized across global industries such as electronics, automotive, aerospace, healthcare, and energy. The increasing emphasis on sustainable and eco-friendly materials is driving the adoption of advanced ceramics, given their potential for reduced environmental impact compared to traditional materials. Additionally, the expanding application of advanced ceramics in medical devices, implants, and dental applications is growing due to their biocompatibility, contributing to improved patient outcomes.

What is included in market segmentation?

The report provides detailed segmentation of the global advanced ceramics market based on based on material type, class type, end use industry and region.

Breakup by Material Type:

• Alumina
• Titanate
• Zirconia
• Silicon Carbide
• Others

Breakup by Class Type:

• Monolithic Ceramics
• Ceramic Coatings
• Ceramic Matrix Composites
• Others

Breakup by End Use Industry:

• Electrical and Electronics
• Medical
• Transportation
• Defense and Security
• Chemical
• Others

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

3M Company, AGC Inc., Blasch Precision Ceramics Inc., CeramTec GmbH, Compagnie de Saint-Gobain S.A., CoorsTek Inc., Corning Incorporated, Elan Technology, Ferrotec (USA) Corporation (Ferrotec Holdings Corporation), Kyocera Corporation, Materion Corporation, McDanel Advanced Ceramic Technologies LLC, Morgan Advanced Materials plc and Paul Rauschert GmbH & Co. KG.