LONDON, July 20, 2015 /PRNewswire/ -- Advanced ceramics is defined as a highly developed, high-strength ceramic material, which is primarily corrosion-resistant, lightweight, non-metallic and inorganic and possesses specific functional attributes. Advanced ceramics are used for engineering applications which possesses inherent characteristics such as ferroelectric behaviour, semi conductivity, non-linear resistance, and high stiffness.
Asia-Pacific is the global leader in the consumption of advanced ceramics and this dominance is expected to continue till 2020. China is the key market in the region, consuming more than half of the demand for advanced ceramics, followed by Japan, South Korea, and India where consumption is growing steadily. Increase in the consumption of advanced ceramics for monolithic ceramics, ceramic matrix composites, and ceramic coatings have been observed in Asia-Pacific due to continued industrialization and rise in the manufacturing sector of the region. The continuous growth and innovation, along with industry consolidations, are projected to ascertain a bright future for the industry.
Monolithic ceramics is one of the major product types of advanced ceramics market. Ceramics that include fabrication and polycrystalline microstructure without the reinforcement are referred to as monolithic ceramics. On the basis of these attributes the various types of monolithic ceramics are segmented into silicon nitride and zirconium oxide, zirconium carbide, aluminum nitride, silicon carbide and aluminum oxide. Monolithic ceramics are widely used in various end-user industries such as electrical & electronics, medical & bio-medical, transportation, industrial machinery, environmental, chemical, defense & security, and others.
This study estimates the market value for advanced ceramics and projects the same by 2019. As a part of quantitative analysis, the study segments the market by material, product and end-user industry at country level with the current market estimation and forecast till 2019. The countries covered in the report are China, Japan, India, South Korea, Brazil, Germany, U.K., France, Spain, Mexico, Canada and the U.S. The segmentation by material includes Titanate ceramics, alumina ceramics, zirconia ceramics, silicon carbide ceramics, others. The segmentation by product includes monolithic ceramics, ceramic matrix composites, and ceramic coatings. The segmentation by end-user industry includes electrical & electronics, medical & bio-medical, transportation, industrial machinery, environmental, chemical, defense & security, and others. Further as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, burning issues, challenges, and key issues in the market. It also includes the company profiling and competitive strategies adopted by different market players, including Coorstek Inc. (U.S.), CeramTec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials (U.K.) and Saint-Gobain Ceramic Material (U.S.).
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