Amid the COVID-19 crisis, the global market for Technical Ceramics estimated at $89. 4 Billion in the year 2020, is projected to reach a revised size of $161.
New York, NFAPost:Reportlinker.com announces the release of the report “Global Technical Ceramics Industry” – https://www.reportlinker.com/p06033082/?utm_source=GNW
1 Billion by 2027, growing at a CAGR of 8.8% over the analysis period 2020-2027.
Alumina, one of the segments analysed in the report, is projected to record a 8.5% CAGR and reach $60.2 Billion by the end of the analysis period.
After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Titanate segment is readjusted to a revised 9.8% CAGR for the next 7-year period.
Ceramic material is an inorganic, non-metallic, often crystalline oxide, nitride, or carbide material. Some elements, such as carbon or silicon, may be considered ceramics. Ceramic materials are brittle, hard, strong in compression, and weak in shearing and tension. They withstand chemical erosion that occurs in other materials subjected to acidic or caustic environments. Ceramics generally can withstand very high temperatures, ranging from 1,000 °C to 1,600 °C (1,800 °F to 3,000 °F).
Traditional ceramic raw materials include clay minerals such as kaolinite, whereas more recent materials include aluminum oxide, more commonly known as alumina. The modern ceramic materials, which are classified as advanced ceramics, include silicon carbide and tungsten carbide. Both are valued for their abrasion resistance and hence find use in applications such as the wear plates of crushing equipment in mining operations. Advanced ceramics are also used in the medicine, electrical, electronics industries, and body armor.
Technical ceramics, especially oxides and silicates, have gained immense popularity in the last few years due to their durability and high tensile strength. The superior properties of technical ceramics significantly reduce time-to-market and the cycle time of components made from them, allowing manufacturers to launch multifunctional technical ceramic products.
Globally, technical ceramics will be able to create a new demand for a wide variety of goods made using the material, including household basics to high-end decorative glass and tiles, to medical and dental devices. The North American and European markets are extremely attractive for technical ceramics and will witness growth
– The U.S. Market is Estimated at $26.5 Billion, While China is Forecast to Grow at 8.2% CAGR
– The Technical Ceramics market in the U.S. is estimated at $26.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$28 Billion by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 7.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.
– Zirconate Segment to Record 8.9% CAGR
– In the global Zirconate segment, USA, Canada, Japan, China and Europe will drive the 9% CAGR estimated for this segment. These regional markets accounting for a combined market size of $12.3 Billion in the year 2020 will reach a projected size of $22.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$18.7 Billion by the year 2027.
– Select Competitors (Total 45 Featured) –
- 3M
- Bakony Ipari Kerámia Kft.
- Ceradyne Inc. (3M Company)
- CeramTec GmbH
- CoorsTek Inc.
- Dyson Technical Ceramics Limited
- Kyocera Corporation
- Mantec Technical Ceramics Ltd.
- McDanel Advanced Ceramic Technologies
- Morgan Advanced Materials
- NGK Spark Plug Co. Ltd.
- Ortech Advanced Ceramics
- Rauschert GmbH
- Saint-Gobain Group
- STC Superior Technical Ceramics
- Superior Technical Ceramics
Read the full report: https://www.reportlinker.com/p06033082/?utm_source=GNW
United States
Table 28: USA Current & Future Analysis for Technical Ceramics
by Material – Alumina, Titanate, Zirconate, Ferrite and Other
Materials – Independent Analysis of Annual Sales in US$ Million
for the Years 2020 through 2027 and % CAGR
Table 29: USA Historic Review for Technical Ceramics by
Material – Alumina, Titanate, Zirconate, Ferrite and Other
Materials Markets – Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR
Table 30: USA 15-Year Perspective for Technical Ceramics by
Material – Percentage Breakdown of Value Sales for Alumina,
Titanate, Zirconate, Ferrite and Other Materials for the Years
2012, 2020 & 2027
Table 31: USA Current & Future Analysis for Technical Ceramics
by Product – Monolithic Ceramics, Ceramic Coatings and Ceramic
Matrix Coatings – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 32: USA Historic Review for Technical Ceramics by Product –
Monolithic Ceramics, Ceramic Coatings and Ceramic Matrix
Coatings Markets – Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR
Table 33: USA 15-Year Perspective for Technical Ceramics by
Product – Percentage Breakdown of Value Sales for Monolithic
Ceramics, Ceramic Coatings and Ceramic Matrix Coatings for the
Years 2012, 2020 & 2027
JAPAN
Table 40: Japan Current & Future Analysis for Technical
Ceramics by Material – Alumina, Titanate, Zirconate, Ferrite
and Other Materials – Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 and % CAGR
Table 41: Japan Historic Review for Technical Ceramics by
Material – Alumina, Titanate, Zirconate, Ferrite and Other
Materials Markets – Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR
Table 42: Japan 15-Year Perspective for Technical Ceramics by
Material – Percentage Breakdown of Value Sales for Alumina,
Titanate, Zirconate, Ferrite and Other Materials for the Years
2012, 2020 & 2027
Table 43: Japan Current & Future Analysis for Technical
Ceramics by Product – Monolithic Ceramics, Ceramic Coatings and
Ceramic Matrix Coatings – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR
Table 44: Japan Historic Review for Technical Ceramics by
Product – Monolithic Ceramics, Ceramic Coatings and Ceramic
Matrix Coatings Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2012 through 2019 and % CAGR
Table 45: Japan 15-Year Perspective for Technical Ceramics by
Product – Percentage Breakdown of Value Sales for Monolithic
Ceramics, Ceramic Coatings and Ceramic Matrix Coatings for the
Years 2012, 2020 & 2027
CHINA
Table 46: China Current & Future Analysis for Technical
Ceramics by Material – Alumina, Titanate, Zirconate, Ferrite
and Other Materials – Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 and % CAGR
Table 47: China Historic Review for Technical Ceramics by
Material – Alumina, Titanate, Zirconate, Ferrite and Other
Materials Markets – Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR
Table 48: China 15-Year Perspective for Technical Ceramics by
Material – Percentage Breakdown of Value Sales for Alumina,
Titanate, Zirconate, Ferrite and Other Materials for the Years
2012, 2020 & 2027
Table 49: China Current & Future Analysis for Technical
Ceramics by Product – Monolithic Ceramics, Ceramic Coatings and
Ceramic Matrix Coatings – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR
Table 50: China Historic Review for Technical Ceramics by
Product – Monolithic Ceramics, Ceramic Coatings and Ceramic
Matrix Coatings Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2012 through 2019 and % CAGR
Table 51: China 15-Year Perspective for Technical Ceramics by
Product – Percentage Breakdown of Value Sales for Monolithic
Ceramics, Ceramic Coatings and Ceramic Matrix Coatings for the
Years 2012, 2020 & 2027
EUROPE
Table 52: Europe Current & Future Analysis for Technical
Ceramics by Geographic Region – France, Germany, Italy, UK and
Rest of Europe Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2020 through 2027 and % CAGR
Table 53: Europe Historic Review for Technical Ceramics by
Geographic Region – France, Germany, Italy, UK and Rest of
Europe Markets – Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR
Table 54: Europe 15-Year Perspective for Technical Ceramics by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2012, 2020 & 2027
Table 55: Europe Current & Future Analysis for Technical
Ceramics by Material – Alumina, Titanate, Zirconate, Ferrite
and Other Materials – Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 and % CAGR
Table 56: Europe Historic Review for Technical Ceramics by
Material – Alumina, Titanate, Zirconate, Ferrite and Other
Materials Markets – Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR
Table 57: Europe 15-Year Perspective for Technical Ceramics by
Material – Percentage Breakdown of Value Sales for Alumina,
Titanate, Zirconate, Ferrite and Other Materials for the Years
2012, 2020 & 2027
Table 58: Europe Current & Future Analysis for Technical
Ceramics by Product – Monolithic Ceramics, Ceramic Coatings and
Ceramic Matrix Coatings – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR
Table 59: Europe Historic Review for Technical Ceramics by
Product – Monolithic Ceramics, Ceramic Coatings and Ceramic
Matrix Coatings Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2012 through 2019 and % CAGR
Table 60: Europe 15-Year Perspective for Technical Ceramics by
Product – Percentage Breakdown of Value Sales for Monolithic
Ceramics, Ceramic Coatings and Ceramic Matrix Coatings for the
Years 2012, 2020 & 2027
FRANCE
Table 61: France Current & Future Analysis for Technical
Ceramics by Material – Alumina, Titanate, Zirconate, Ferrite
and Other Materials – Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 and % CAGR
Table 62: France Historic Review for Technical Ceramics by
Material – Alumina, Titanate, Zirconate, Ferrite and Other
Materials Markets – Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR
Table 63: France 15-Year Perspective for Technical Ceramics by
Material – Percentage Breakdown of Value Sales for Alumina,
Titanate, Zirconate, Ferrite and Other Materials for the Years
2012, 2020 & 2027
Table 64: France Current & Future Analysis for Technical
Ceramics by Product – Monolithic Ceramics, Ceramic Coatings and
Ceramic Matrix Coatings – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR
Table 65: France Historic Review for Technical Ceramics by
Product – Monolithic Ceramics, Ceramic Coatings and Ceramic
Matrix Coatings Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2012 through 2019 and % CAGR
Table 66: France 15-Year Perspective for Technical Ceramics by
Product – Percentage Breakdown of Value Sales for Monolithic
Ceramics, Ceramic Coatings and Ceramic Matrix Coatings for the
Years 2012, 2020 & 2027
GERMANY
Table 67: Germany Current & Future Analysis for Technical
Ceramics by Material – Alumina, Titanate, Zirconate, Ferrite
and Other Materials – Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 and % CAGR
Table 68: Germany Historic Review for Technical Ceramics by
Material – Alumina, Titanate, Zirconate, Ferrite and Other
Materials Markets – Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR
Table 69: Germany 15-Year Perspective for Technical Ceramics by
Material – Percentage Breakdown of Value Sales for Alumina,
Titanate, Zirconate, Ferrite and Other Materials for the Years
2012, 2020 & 2027
Table 70: Germany Current & Future Analysis for Technical
Ceramics by Product – Monolithic Ceramics, Ceramic Coatings and
Ceramic Matrix Coatings – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR
Table 71: Germany Historic Review for Technical Ceramics by
Product – Monolithic Ceramics, Ceramic Coatings and Ceramic
Matrix Coatings Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2012 through 2019 and % CAGR
Table 72: Germany 15-Year Perspective for Technical Ceramics by
Product – Percentage Breakdown of Value Sales for Monolithic
Ceramics, Ceramic Coatings and Ceramic Matrix Coatings for the
Years 2012, 2020 & 2027
ASIA-PACIFIC
Table 91: Asia-Pacific Current & Future Analysis for Technical
Ceramics by Material – Alumina, Titanate, Zirconate, Ferrite
and Other Materials – Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 and % CAGR
Table 92: Asia-Pacific Historic Review for Technical Ceramics
by Material – Alumina, Titanate, Zirconate, Ferrite and Other
Materials Markets – Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR
Table 93: Asia-Pacific 15-Year Perspective for Technical
Ceramics by Material – Percentage Breakdown of Value Sales for
Alumina, Titanate, Zirconate, Ferrite and Other Materials for
the Years 2012, 2020 & 2027
Table 94: Asia-Pacific Current & Future Analysis for Technical
Ceramics by Product – Monolithic Ceramics, Ceramic Coatings and
Ceramic Matrix Coatings – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR
Table 95: Asia-Pacific Historic Review for Technical Ceramics
by Product – Monolithic Ceramics, Ceramic Coatings and Ceramic
Matrix Coatings Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2012 through 2019 and % CAGR
Table 96: Asia-Pacific 15-Year Perspective for Technical
Ceramics by Product – Percentage Breakdown of Value Sales for
Monolithic Ceramics, Ceramic Coatings and Ceramic Matrix
Coatings for the Years 2012, 2020 & 2027
(The story is based on Globe NewsWire)
