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Advanced Ceramics Market Share

Report ID: GMI6137
Published Date: Jul 2023
Report Format: PDF

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Advanced Ceramics Market Share

Some major players operating in the advanced ceramics market are:

Kyocera Corporation
CoorsTek Inc
Morgan Advanced Materials plc
Saint-Gobain Ceramic Materials
CeramTec GmbH
NGK Insulators Ltd
3M Company
Corning Incorporated
Murata Manufacturing Co.Ltd
Ferro Corporation.

These players focus on strategic partnerships, new product launches, and commercialization efforts for market expansion. They heavily invest in research to introduce innovative products and garner maximum market revenue.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of advanced ceramics was valued at around USD 10.2 billion in 2023 and is estimated to reach USD 15.6 billion by 2032, owing to the unique properties making them ideal for various applications in the aerospace, automotive, electronics, medical devices, and energy industries.

The monolithic ceramics segment held approximately 40% of the advanced ceramics market share in 2022 as materials such as alumina & zirconia, possess high mechanical strength, excellent wear resistance, thermal stability, and good electrical insulation properties.

U.S. dominated North America advanced ceramics industry with a value of USD 4.1 billion in 2022 owing to the increasing usage in aerospace & defense sector that require lightweight materials with high strength and thermal resistance.

Kyocera Corporation, CoorsTek, Inc., Morgan Advanced Materials plc, Saint-Gobain Ceramic Materials, CeramTec GmbH, NGK Insulators Ltd., 3M Company, Corning Incorporated, Murata Manufacturing Co., Ltd., and Ferro Corporation.