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Advanced Ceramics Market

Global Advanced Ceramics Market Size, Share, Development, Growth and Demand Forecast to 2023 Industry Insights by Raw Material Type (Alumina, Titanate, Zirconia, Silicon Carbide, Aluminium Nitride, Silicon Nitride, Magnesium Silicate, Pyrolytic Boron Nitride and Others), by Class (Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings), by End-User Industry (Electronics and Electricals, Transportation, Medical, Industrial, Defense and Security, Chemicals and Others)

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Market Overview

Advanced ceramics market includes highly-developed ceramic materials, which possess high strength. These ceramics are lightweight, non-metallic, organic, and corrosion-resistant. These materials are formed via various raw materials that include alumina, titanate, zirconia, silicon carbide, aluminium nitride, silicon nitride, magnesium silicate and pyrolytic boron nitride. The silicon carbide-based advanced ceramics is expected to grow at the highest CAGR during the forecast period owing to its low weight, high strength, low thermal expansion, excellent thermal shock resistance, high wear temperature and high chemical resistance.

Market Dynamics

The global advanced ceramics market is expected to showcase a significant growth during the forecast period (2017-2023). The market growth can be attributed to the increasing use of advanced ceramics as an alternative to metals and plastics. Other factor which is driving the growth of the market includes the growing medical industry. Advanced ceramics are used in joint implantation and dental implants, due to properties such as low wear resistance and chemical inertness.

Additionally, advanced ceramics are used in various end-user industries such as electronics and electricals, transportation, medical, industrial, defense and security, chemicals, marine, textile and construction. The electronics and electricals industry dominated the segment. This dominance is attributed towards the excellent corrosion resistance and low thermal expansion, when compared to metal and plastics.

Furthermore, the market on the basis of class is segmented as monolithic ceramics, ceramic matrix composites and ceramic coatings. Monolithic ceramics accounts for majority of the market share in this segment owing to its various lining and insulation application as they can withstand extremely high temperature. They are even resistant to abrasion and thermal shock.

Trends

The key trend observed in the advanced ceramics market is the development of advanced ceramics coatings. Alumina, titanium oxides and zirconium oxides are commonly used coating materials in the advanced ceramics market for producing ceramic-on-metal medical components. In addition, prominent manufactures in the market have shifted towards advanced glass ceramic coatings based on silicon dioxide. The use of ceramics in these applications is likely to increase due to the emergence of newer ceramic coating techniques such as titanium, among medical component manufacturers. Additionally, for strong and durable anchoring of orthopaedic implants, such as artificial hip joints, surface finish is of great importance. All these factors are responsible for the exponential growth of the market during the forecast period.

Novel methods of preparing starting materials and new techniques of fabricating ceramic products have enhanced the properties of advanced ceramics in some cases and conferred unusual properties in others. As a result, ceramics have become very versatile, this in turn, is opening up the market for advanced ceramics and is further attracting investors to invest vastly in the market.

Growth Drivers

The major drivers observed in the advanced ceramics market include improvement of antenna performance by advanced ceramics coatings over it. Antennas made of copper tracks are used on a small ceramic cylinder and are laser trimmed for obtaining extreme frequency response. The design and implementation of new processes i.e., use of advanced ceramics based coatings on the antennas using the latest flexible circuit manufacturing techniques will enhance the mechanical strength while at the same time will retain flexibility. These antennas are predominantly used for global positioning system (GPS) application. In the United States, E-911 legislation mandates the use of these ceramics-coated antennas in cellular phones and this aids emergency services to respond in a quicker and more efficient way during urgency.

Additionally, advanced ceramics are used for hip, knee and shoulder replacement in the medical industry. Alongside, they are used in medical devices and equipment such as respirators, hearing aids and pacemakers. Furthermore, surgical gloves are manufactured using ceramic dipping formers. All of these applications and properties of advanced ceramics is the reason for the rapid growth of the global advanced ceramics market during the forecast period.

Growth Restraints

The major restraint observed in the study is that technical ceramics cannot be reused or recycled in the same end-user application. Due to the long lifespan of these products and mechanical and optical properties of technical ceramics, the different composites that are used in various end-use industries face the issue of recyclability. This is a major challenge for the global advanced ceramics market. Additionally, internal wear and tear and cracks in ceramic structures are hard to find. Therefore, skilled personnel and complex equipment are often required to find such anomalies and thus makes the entire system expensive.

Competitive Landscape

The global advanced ceramics market has a lot of potential scope in it. The major players in the advanced ceramics market are adopting significant competitive strategies such as merger, acquisitions and joint ventures to hold a competitive edge in the global market. For instances, in November 2015, Oerlikon acquired the advanced ceramics business unit of Laser Cladding Services, LLC. Additionally, in July 2015, Morgan Advanced Materials invested in the semiconductor market to optimize its manufacturing capabilities. Furthermore, other prominent manufactures in the industry are undergoing continuous R&D to come up with cutting-edge advancement in the industry. Some of the key players in the global market include Kyocera Corporation (Japan), CeramTec GmbH (Germany), CoorsTek Inc. (U.S.), Saint-Gobain Ceramic Materials (U.S.), and Morgan Advanced Materials Plc (U.K.).

Scope for Customization

P&S Market Research offers customization as per specific business requirements of clients. Illustrative customization within the scope of this report includes:

  • Period of Analysis – Increase in the study period, including historic and forecast years
  • Geographical Analysis – Increase in country coverage
  • Segment Analysis – More granular coverage related to:
    • Industry segmentation - “Others” can be further broken down into different industries
  • Company Profiles – Wider company coverage in terms of detailed analysis or additional company profiles
  • New custom report – A completely customized report can be provided on the market, specific to a region/ country/ segment

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