Technical and advanced structural
ceramics comprise of material that exhibits excellent physical properties under
a demanding environment. The high melting point coupled with excellent chemical
resistance adds to the application areas for the market. These ceramics find
applications in a variety of products ranging from bioceramics to
military.
The ceramics market can be
segregated based on its application in wear and corrosion, cutting tools, air
and aerospace, automotive, bioceramics, and armor and military applications.
Based on geography, the market is segmented into North America, Europe,
Asia-Pacific and the Rest of the World. Bioceramics is the largest application
and accounts for over 40% of the total revenue.
One of major driver of this market
is the excellent property the substance offers under a demanding environment.
In addition to this, this increasing application scope is further expected to
help the market grow at a substantial pace. Applications like bone replacement
and mineral processing are expected to gain importance over the next six years.
Moreover, the lightweight property and wear resistance makes these
products extremely useful in consumer durable products. However, the brittle
nature of such ceramics restricts the application areas for this substance. The
addition of composites to the product could help in eliminating the problems
caused by the brittle nature of ceramics. The opportunities in the market
arise from present and future applications. Present applications are being
redeveloped so as to deliver higher performance levels. Future applications
like bone replacement could see a massive growth due to the superior properties
ceramics offer in a corrosive environment.
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Some of the market players in the
technical and advanced ceramics market include Ceradyn Inc, Technical and
Advanced Structural Ceramics, Morgan Technical Ceramics, Advanced Composite
Materials, Ceradyne and others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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