Advanced Ceramics Market: Global Industry Analysis and Forecast Till 2020 by FMI

Global Advanced
Ceramics Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014
Future Market Insights
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Report
Description
Report Description
Advanced ceramics are manufactured to cater the requirements of several industries that
depend on the unique properties of technical ceramics such as electronics and
aerospace. Advanced ceramics are developed to overcome the limitations of the
traditional ceramics as well as to develop value added properties. Advanced ceramics
exhibit properties such as corrosion resistance, high temperature stability and toughness
which are required for wide range of applications such as energy efficiency, ballistics
protection, environmental protection, performance and lifetime operating cost.
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Advanced ceramics, the product of the advanced ceramics market are widely used for
military applications however; the advanced ceramics market faces many challenges such
as component cost, consistent material properties, environmental impact and collection
of long term data in finding applications in broader military and commercial use.
However, extensive research is being carried out by leading companies for finding new
applications for advanced ceramics market. With the advent of new application the
advanced ceramics market will witness further growth.
Majority of the advanced ceramics manufactured in the advanced ceramics market are
consumed for electronic applications and they are called as electroceramics.
Electroceramics accounted for more than three fourth of the total advanced ceramics
manufactured in the advanced ceramics market. Growing electronics market has led to
the use of alternative materials, one of which is advanced ceramics, thus increasing the
Report
Description
Report Description
Thus, the developing electronic market is expected to boost the growth of the overall
advanced ceramics market. Medical products are significant consumers of advanced
ceramics market due to its increasing use in manufacturing joint implants and in-dental
procedures. Medical products market is expected to be the fastest growing consumer of
advanced ceramics market over the next few years. The growing demand for high
pressure and high temperature environment has further augmented the growth of the
advanced ceramics market as advanced ceramics are known to offer greater wear
resistance and compressive strength just as the metals can provide. Overall the increase
in demand of the electronics coupled with growing demand for high temperature
environment will augment the demand for the advanced ceramics market.
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Companies such as Kyocera Corp, Murata Manufacturing Co. Ltd, Corning Inc., Coors Tek,
Morgan Advanced Materials, Ceram Tec. and Ceradyne Inc. are the key participants of
advanced ceramics market.
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Advanced ceramics, the product of the advanced ceramics market are widely used for military applications however; the advanced ceramics market faces many challenges such as component cost, consistent material properties, environmental impact and collection of long term data in finding applications in broader military and commercial use.