Advanced Ceramics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The market is segmented by Material Type (Alumina, Titanate, Zirconia, Silicon Carbide, Aluminum Nitride, Silicon Nitride, Magnesium Silicate, Pyrolytic Boron Nitride, and Other Material Types), Class Type (Monolithic Ceramics, Ceramic Matrix Composites, and Ceramic Coatings), End-user Industry (Electrical and Electronics, Transportation, Medical, Industrial, Defense and Security, Chemical, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America and Middle-East and Africa). The report offers market size and forecasts for advanced ceramics in revenue (USD million) for all the above segments.

Market Snapshot

Advanced Ceramics Market - Market Summary
Study Period: 2016-2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >6.5 %

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Market Overview

The advanced ceramics market was valued at USD 77,250 million in 2020 and is expected to register a CAGR of over 6.5% during the forecast period.

The market was negatively impacted due to COVID-19 outbreak in 2020. During 2020, the economic and industrial activities came to a temporary halt, almost all manufacturing industries where advanced ceramics find applications, like in electrical and electronics, transportation, industrial, chemical, and other end-user Industries (except medical), reduced their manufacturing capacities due to the lack of workers, prevailing lockdowns, and halt in global supply chains. This has resulted in repercussions in terms of both productions as well as demand for advanced ceramics. The global electronics industry is witnessed an around 62% drop in its sales for the year 2020. However, the condition is expected to gradually recover over the forecast period.

  • Over the medium term, the major factors driving the market studied are the rise in use as an alternative to metals and plastics and the growing demand in the medical industry.
  • On the flipside, unfavorable conditions arising due to COVID-19 impact is expected to hinder the growth of the market studied.
  • The electronic and electrical industry dominated the market and is expected to grow during the forecast period, owing to a wide-range of electrical properties of advanced ceramics, including insulating, semi-conducting, superconducting, piezoelectric, and magnetic properties.
  • Asia-Pacific dominated the market across the globe with the largest consumption from countries such as China and Japan.

Scope of the Report

The advanced ceramics market is segmented by material type, class type, end-user industry, and geographies. By material type, market is segmented into alumina, titanate, zirconia, silicon carbide, aluminum nitride, silicon nitride, magnesium silicate, pyrolytic boron nitride, and other material types. By class type, market is segmented into monolithic ceramics, ceramic matrix composites, and ceramic coatings. By end-user Industry, market is segmented into electrical and electronics, transportation, medical, industrial, defense and security, chemical, and other end-user industries. The report also covers the market size and forecasts for the Advanced Ceramics Market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done based on revenue (USD million).

Material Type
Alumina
Titanate
Zirconia
Silicon Carbide
Aluminium Nitride
Silicon Nitride
Magnesium Silicate
Pyrolytic Boron Nitride
Other Material Types
Class Type
Monolithic Ceramics
Ceramic Matrix Composites
Ceramic Coatings
End-user Industry
Electrical and Electronics
Transportation
Medical
Industrial
Defense and Security
Chemical
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Electronic and Electrical Industry to Dominate the Market

  • A variety of ceramics are used in electrical and electronic applications, ranging from power devices to semiconductor and semiconductor manufacturing, semiconductor equipment, and handling devices.
  • Alumina has a wide range of applications, ranging from electrical components to semiconductor components, including resistors, capacitors that are used in multi-layer interconnection circuits, hybrid circuits, condensers, and hyper frequency resonators.
  • In the semiconductor industry, alumina components need to endure severe plasma etching, as well as mold into several multiplex shapes. These alumina materials are the most common and affordable in industrial production.
  • Silicon carbide is estimated to have one of the largest applications in the electrical and electronics industry in the coming years. Silicon carbide is used in various applications in electric vehicles, high power and high voltage power devices, semiconductors, solar inverters, and LED lights.
  • Aluminum nitride is used in heat removal applications because of its high thermal conductivity and excellent electrical insulation properties, which make it useful in the field of semiconductors, consumer and household, microelectronics, and computer and communication. It is also used as a heat sink in LED lighting technology and high-power electronics. Similarly, silicon nitride and boron nitride are used in various electrical and electronic applications.
  • Asia-Pacific is one of the leading manufacturers of electronics in the world. It accounts for more than 70% of the global electronics production, with counties, like South Korea, Japan, and China, involved in the manufacture of various electrical components and supplies to various industries worldwide. Electrical and electronics production in India is expected to increase rapidly due to government initiatives with policies like "Make in India" to make the country self-reliant.
  • In Europe, the German electronics industry is the largest in the region. The electrical and electronics industry accounted for 11% of the total industrial production in Germany. According to the German Electrical and Electronic Manufacturers' Association (ZVEI), the global electronics market is expected to rise to EUR 4.6 trillion in 2021.
  • The growing penetration of smartphones and growing production and sales of smartphones are also estimated to drive the market during the forecast period.
  • The growing electrical and electronic industry is estimated to boost the demand for advanced ceramics over the forecast period.
Advanced Ceramics Market - Segmentation Trends

Japan to Dominate the Asia-Pacific Market

  • The Japanese electrical and electronic industry is one of the world’s leading industries.
  • Japan is a world leader in the production of of computers, gaming stations, cell phones, and various other key computer components. Consumer electronics account for one-third of the Japanese economic output.
  • The country is specialized in the manufacturing of electronic components and devices, such as passive components, connecting components, electronic boards, electronic circuit jisso boards, transducers, discrete semiconductors, integrated circuits, and liquid crystal devices.
  • The Japanese aerospace industry manufactures aircraft components for commercial and defense aircraft. The production of commercial aircraft has been increasing over the past couple of years, owing to the increasing cargo demands. Japan focuses on manufacturing the F-35A next-generation fighter jet (components) and other military aircraft and strengthening the foundation of aerospace manufacturing in the country.
  • The country also plays a central role in the development of aircraft, such as Boeing 767, 777, 777X, and 787, and engines, such as the V2500, Trent1000, GEnx, GE9X, and PW1100G-JM.
  • Moreover, Japan plans to increase its defense strength to keep China’s increasing air force capability at bay. In March 2020, the country was observed taking the initiative toward military modernization, for which the country has authorized USD 102 million. This budget is planned to be dedicated towards “Japan-led development of a new aircraft with international collaborations”.
  • The Japanese automotive industry is one of the world’s largest industries. This is due to the investments made in the sector, which helped it grow.
  • Japan has a rapidly growing aging population, with those aged 65 or over accounted for more than 27.4% of the population. The rapidly aging Japanese population, increasing the number of patients with chronic and lifestyle diseases, and universal health insurance coverage and regulatory measures are driving the Japanese medical devices market.
  • These growth trends are anticipated to boost the advanced ceramic market in Japan over the forecast period.
Advanced Ceramics Market - Regional Trends

Competitive Landscape

The global advanced ceramic market is partially fragmented in nature, with the top five players accounting for a major share (in terms of revenues generated) of the market studied. The major players of the market studied include Kyocera Corporation, Corning Incorporated, Murata Manufacturing Co., CoorsTek, and Morgan Advanced Materials, among others.

Recent Development

  • In April 2021, CeramTec developed a ceramic power module for drive inverters for eMObility solutions. CeramTec and Fraunhofer Institute for Integrated Systems and Device Technology collaborated to develop cooling solutions for power electronics in e-mobility drive trains, and the launch date is announced for this new product, which is in May 2021.
  • In February 2021, Coorstek announced its new manufacturing plant in southeast Asia. The first phase of 400,00 sq. ft engineered ceramics manufacturing facility in the province of Rayong, Thailand. The ground-breaking ceremony was held on 25th January, and the construction began in February 2021.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Rise in Use as Alternative to Metals and Plastics

      2. 4.1.2 Growing Demand in the Medical Industry

      3. 4.1.3 Eco-friendliness and Reliable of Use

    2. 4.2 Restraints

      1. 4.2.1 Unfavorable Conditions Arising due to COVID-19 Impact

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

    5. 4.5 Patent Analysis

    6. 4.6 Price Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Material Type

      1. 5.1.1 Alumina

      2. 5.1.2 Titanate

      3. 5.1.3 Zirconia

      4. 5.1.4 Silicon Carbide

      5. 5.1.5 Aluminium Nitride

      6. 5.1.6 Silicon Nitride

      7. 5.1.7 Magnesium Silicate

      8. 5.1.8 Pyrolytic Boron Nitride

      9. 5.1.9 Other Material Types

    2. 5.2 Class Type

      1. 5.2.1 Monolithic Ceramics

      2. 5.2.2 Ceramic Matrix Composites

      3. 5.2.3 Ceramic Coatings

    3. 5.3 End-user Industry

      1. 5.3.1 Electrical and Electronics

      2. 5.3.2 Transportation

      3. 5.3.3 Medical

      4. 5.3.4 Industrial

      5. 5.3.5 Defense and Security

      6. 5.3.6 Chemical

      7. 5.3.7 Other End-user Industries

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. 5.4.1.1 China

        2. 5.4.1.2 India

        3. 5.4.1.3 Japan

        4. 5.4.1.4 South Korea

        5. 5.4.1.5 Rest of Asia-Pacific

      2. 5.4.2 North America

        1. 5.4.2.1 United States

        2. 5.4.2.2 Canada

        3. 5.4.2.3 Mexico

      3. 5.4.3 Europe

        1. 5.4.3.1 Germany

        2. 5.4.3.2 United Kingdom

        3. 5.4.3.3 Italy

        4. 5.4.3.4 France

        5. 5.4.3.5 Rest of Europe

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M (Ceradyne, Inc.)

      2. 6.4.2 AGC Inc.

      3. 6.4.3 Applied Ceramics Inc.

      4. 6.4.4 Blasch Precision Ceramics, Inc.

      5. 6.4.5 Ceramtec

      6. 6.4.6 COI Ceramics Inc.

      7. 6.4.7 Coorstek Inc.

      8. 6.4.8 Corning Incorporated

      9. 6.4.9 International Ceramics Inc. 

      10. 6.4.10 Kyocera Corporation

      11. 6.4.11 MARUWA Co. Ltd

      12. 6.4.12 Materion Corporation

      13. 6.4.13 McDanel Advanced Ceramic Technologies

      14. 6.4.14 Morgan Advanced Materials

      15. 6.4.15 Murata Manufacturing Co. Ltd

      16. 6.4.16 Rauschert GmbH

      17. 6.4.17 Saint-Gobain

      18. 6.4.18 Small Precision Tools Inc.

      19. 6.4.19 Vesuvius

      20. 6.4.20 Wonik QnC Corporation

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Opportunities

      1. 7.1.1 Increasing Applications of Silicon Carbide (SiC) and Gallium Nitride (GaN)

      2. 7.1.2 Growth in Usage in Nanotechnology

**Subject to Availability

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Frequently Asked Questions

The Advanced Ceramics Market market is studied from 2016 - 2026.

The Advanced Ceramics Market is growing at a CAGR of >6.5% over the next 5 years.

The Advanced Ceramics Market is valued at 77250 Million USD in 2016.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

CoorsTek Inc., Morgan Advanced Materials, Kyocera Corporation, Corning Incorporated, Murata Manufacturing Co. Ltd are the major companies operating in Advanced Ceramics Market.

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