Technical Ceramics Market - Industry Analysis, Size, Share, Forecast 2016 - 2024

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Technical Ceramics Market - Global
Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Technical
Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024” This report
likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and
worldwide business sector industry structure.
Nonmetallic and inorganic ceramics that have variety of electrical properties ranging from insulators to semiconductors to highly
conductive materials are called technical ceramics. They also have significant physical properties such as high hardness, high
temperature stability, and low thermal expansion. Technical ceramics are classified into three categories -- oxides, non-oxides,
and composite materials. Oxides include alumina, beryllia, ceria, and zirconia. Non-oxides consist of carbide, boride, nitride, and
silicide. Composite materials are particulate reinforced, fiber reinforced, and a combination of oxides and non-oxides. Depending
on the different properties inherited by the technical ceramics it is forecasted to widen the range of applications in the end user
industries.
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Technical ceramics are segmented on the bases of end use application into automotive, electronic, energy & environment,
mechanical engineering, and medical technology. Technical ceramics play a vital role in increasing safety, cost-effectiveness,
and comfort in vehicle and automotive engineering. They are used as sensors for electronic control of cars, by providing
information on the vehicle’s engine operation, position, and changes in direction. Technical ceramics offer excellent electrical,
thermal, and chemical properties which has led to major applications in the electronic sector such as ceramic substrates, circuit
carriers, core materials, and other electronic components. Electronics is one of the largest application sector for the technical
ceramic market globally. Technical ceramics exhibit properties such as wear resistance, temperature resistance, and high level
of corrosion resistance which has resulted in application of technical ceramics in the energy and environment sector. Technical
ceramics can withstand high temperature and mechanical stresses in end use applications such as generating energy in power
plant engines and turbines or in systems for photovoltaic, solar thermal energy conversion, wind and water power plants.
Technical ceramics ensures increase in performance capability of plants and efficient use of resources in energy distribution and
supply from both conventional and renewable energy sources. Technical ceramics have wide range of application in equipment
and mechanical engineering due to properties such as wear resistance, temperature resistance, and high corrosion resistance.
In industrial applications technical ceramics make a large contributions in increasing the performance and operating life of the
machines and systems. Medical sector is another major end use sector for technical ceramics. Technical ceramics are effectively
used in orthopedics and increase quality of life with implant components for knee replacement and artificial hip joints. Technical
ceramics are employed in equipment and medical devices such as ultrasonic cleaners, lithotripters, and in dental products in the
field of dental ceramics.
Globally, the technical ceramics market is segmented into five regions, namely, Asia Pacific, North America, Europe, Middle East
& Africa, and Latin America. In 2014, Asia Pacific accounted for the largest market share followed by North America and Europe.
The contribution from developing economies such as India and China has led Asia Pacific to maintain its dominance in the global
market. Electronic sector in growing economies is anticipated to be the fastest growing end user sector in Asia Pacific in the near
future. The growth of the automotive sector in Asia Pacific is also anticipated to boost the demand for technical ceramics.
Some of the players operating in the global market include CeramTec GMBH, CoorsTek Inc., Morgan Advanced Materials plc.,
KYOCERA Corporation, McDanel Advanced Ceramic Technologies LLC, Saint-Gobain, 3M Advanced Materials, Superior Technical
Ceramics, Rauschert GMBH, and NGK Spark Plug, Inc.
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The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by
tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely
scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
•
Key market segments and sub-segments
•
Evolving market trends and dynamics
•
Changing supply and demand scenarios
•
Quantifying market opportunities through market sizing and market forecasting
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Tracking current trends/opportunities/challenges
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Competitive insights
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Opportunity mapping in terms of technological breakthroughs
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Nonmetallic and inorganic ceramics that have variety of electrical properties ranging from insulators to semiconductors to highly conductive materials are called technical ceramics. They also have significant physical properties such as high hardness, high temperature stability, and low thermal expansion. Technical ceramics are classified into three categories -- oxides, non-oxides, and composite materials. Oxides include alumina, beryllia, ceria, and zirconia. Non-oxides consist of carbide, boride, nitride, and silicide. Composite materials are particulate reinforced, fiber reinforced, and a combination of oxides and non-oxides. Depending on the different properties inherited by the technical ceramics it is forecasted to widen the range of applications in the end user industries.