Ceramic Substrate Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Type (Alumina, Aluminum Nitride, Silicon Nitride, Beryllium Oxide, and Others), End-user Industry (Consumer Electronics, Aerospace & Defense, Automotive, Semiconductor, Telecommunication, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Market Snapshot

Ceramic Substrate Market - Summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >5 %

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Market Overview

The global market for the ceramic substrate is expected to grow at a CAGR of over 5 % during the forecast period. The major factor driving the market studied is the increasing demand for ceramic substrates over metal alloys. On the flip side, the slowdown in the global automotive industry and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.

The semiconductor industry is expected to dominate the global ceramic substrate market over the forecast period. 

Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.

Scope of the Report

The Ceramic Substrate market report includes:

Type
Alumina
Aluminum Nitride
Silicon Nitride
Beryllium Oxide
Others
End-user Industry
Consumer Electronics
Aerospace & Defense
Automotive
Semiconductor
Telecommunication
Others
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

Increasing Demand from the Semiconductor Industry

  • Ceramic substrate plays an important role in enabling developments in the semiconductor industry through their essential role in manufacturing.
  • Semiconductor manufacturers use ceramic substrates such as alumina, beryllium oxide, and aluminum nitride. These materials are used in the semiconductor industry owing to their properties such as hard and resistant to wear, resistant to strong acid and alkali at high temperatures, good thermal conductivity, extremely high bulk resistivity, very low dielectric constant and loss tangent among others.
  • The global semiconductor industry is growing at a healthy rate in recent times, owing to the demand for technologies such as autonomous driving, artificial intelligence, etc.
  • According to the Semiconductor Industry Association (SIA), the worldwide sales of semiconductors reached a total of USD 36.6 billion for the month of October 2019, an increase of about 2.9% from the September month’s total sales of USD 35.6 billion.
  • According to World Semiconductor Trade Statistics (WSTS), it is estimated that the annual global sales of semiconductors is expected to increase by 5.4% in 2020,  6.3% in 2021, hence increasing the scope for this market during the coming years. 
  • Therefore, the growing semiconductor industry is expected to boost the demand for ceramic substrates incoming years.
Ceramic Substrate Market Revenue Share

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific region is expected to account for the largest market and is also forecasted to be the fastest-growing market for ceramic substrates during the forecast period.
  • China is expected to become the largest market for electronics and semiconductor products over the coming years. According to the Industry, Science and Technology International Strategy Center (ISTI), the production value of Taiwan’s semiconductor industry is anticipated to grow substantially, owing to the increasing demand for integrated circuit (IC) devices for artificial intelligence applications.
  • The Chinese government has introduced “Made in China 2025” policy to increase the nation's self-sufficiency in integrated circuits production to 40% in 2020 and 70% by 2025.
  • According to India Electronics and Semiconductor Association, the semiconductor component market in the country is expected to be worth USD 32.35 billion by 2025, displaying a CAGR of 10.1%. In addition, the ongoing Make in India initiative by the government is expected to result in investments in the semiconductor industry in the country.
  • Additionally, India Electronics and Semiconductor Association (IESA) signed a MoU with Singapore Semiconductor Industry Association (SSIA) to establish and develop trade and technical cooperation between the electronics and semiconductor industries of both the countries. This is expected to result in development of various break-through semiconductor manufacturing technologies that would further increase the scope for the consumption of ceramic substrate in semiconductor manufacturing in India.
  • Japan currently has about 30 semiconductor fabrication industries, which are involved in manufacturing of various types of semiconductor chips. Japan’s semiconductor supply chain provides one third of the world’s semiconductor manufacturing equipment and more than half of the industry’s materials.
  • Furthermore, countries such as Philippine and South Kores have also been contributing to the growth of the market studied lately. This is expected to further drive the demand for Ceramic Substrate market over the forecast period.
Ceramic Substrate Market Regional Trends

Competitive Landscape

The Global Ceramic Substrate market is partially consolidated with many healthy competitors in the market. The major companies in the market are Corning Incorporated, CoorsTek Inc., TOSHIBA MATERIALS Co. LTD., KYOCERA Corporation, and Yokowo co., ltd. among others.

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 Increasing Demand for Ceramic Substrates over Metal Alloys

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Slowdown in the Global Automotive Industry

      2. 4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porters Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition

    5. 4.5 Raw Material Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Alumina

      2. 5.1.2 Aluminum Nitride

      3. 5.1.3 Silicon Nitride

      4. 5.1.4 Beryllium Oxide

      5. 5.1.5 Others

    2. 5.2 End-user Industry

      1. 5.2.1 Consumer Electronics

      2. 5.2.2 Aerospace & Defense

      3. 5.2.3 Automotive

      4. 5.2.4 Semiconductor

      5. 5.2.5 Telecommunication

      6. 5.2.6 Others

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

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

    2. 6.2 Market Share(%)/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Anaren

      2. 6.4.2 Ceramtec

      3. 6.4.3 Corning Incorporated

      4. 6.4.4 CoorsTek Inc.

      5. 6.4.5 ENrG Inc.

      6. 6.4.6 ICP TECHNOLOGY Co.,LTD

      7. 6.4.7 KOA Speer Electronics INC.

      8. 6.4.8 KYOCERA Corporation

      9. 6.4.9 LEATEC Fine Ceramics Co,.Ltd.

      10. 6.4.10 MARUWA Co., Ltd.

      11. 6.4.11 Neo Tech Inc.

      12. 6.4.12 NGK SPARK PLUG CO.,LTD.

      13. 6.4.13 NIPPON CARBIDE INDUSTRIES CO.,INC.

      14. 6.4.14 Ortech Advanced Ceramics

      15. 6.4.15 TOSHIBA MATERIALS Co. LTD.,

      16. 6.4.16 Yokowo co., ltd.

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

**Subject to Availability

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Frequently Asked Questions

The undefined market is studied from 2016 - 2026.

The undefined is growing at a CAGR of >5% over the next 5 years.

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

Asia Pacific holds highest share in 2020.

Corning Incorporated , CoorsTek Inc., Toshiba , Yokowo co., ltd., KYOCERA Corporation, TOSHIBA MATERIALS Co. LTD., are the major companies operating in undefined.

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