The global technical ceramic market is projected to reach more than 200 USD billion by the end of 2025, growing at a CAGR of more than 6% over the foreseeable future. Modern ceramics are anticipated to replace conventional materials strongly over the next 8 years. Ensuring a low-cost supply of fuel is an essential consideration for sustainably and competitively a business in the uncertain market for natural gas.
Technical ceramics is a class of materials known for their technological characteristics. Such as strength, fracture toughness, purity, hardness, density, thermal expansion, electrical properties, and dielectric strength. Ceramic material is exceptionally strong when compressed, but poorly produced when placed under a stress or point load.
The most commonly used ceramic material and the cheapest one is the family of alumina materials. When more power is required, ceramic zirconia materials are chosen known for their high strength and durability of fractures. Zirconia, however, is much more expensive than alumina. Ceramics with a high strength are also used in a number of industrial applications to withstand abrasion. But durability is not the only thing to take into account.
The ceramic material with a low thermal conductivity enables the surface to stay heated in a high friction environment. Industrial applications of advanced structural ceramics continue to increase. Of different industrial use, Modern Ceramics manufactures structural ceramic components.
It is not enough simply to take an already existing structural component and replace it in every detail with a ceramic element to allow intelligent and efficient use of the properties of ceramics. The latest product must not only fulfill the technical review of the specific issue but must also be able to give an acceptable price to service life ratio.
The global market of technical ceramics is also segmented into various geographies such as North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. Asia Pacific accounted for a major market revenue share owing to the presence of China and India. . Key players include 3M, Bakony Ipari Kermia Kft., CeramTec GmbH,CoorsTek Inc., Dyson Technical Ceramics, Kyocera Corporation, Mantec Technical Ceramics Ltd, Morgan Advanced Materials, Saint-Gobain, Rauschert GmbH
Key segments across Technical ceramics market
- Type Overview, 2018-2025, (USD Billion)
- Oxide
- Non-Oxide
- Applications Overview, 2018-2025, (USD Billion)
- Automotive
- Defense and Aerospace
- Energy and Power
- Medical
- Defense and Aerospace
- Other
- Regional Overview, 2018-2025, (USD Billion)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Central & South America
- Brazil
- Argentina
- Rest of Central & South America
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- North America