Asia Pacific Advanced Ceramics Market Size, Share, Opportunities, And Trends By Material (Alumina, Zirconate, Titanate, Ferrite, Others), By Product (Monolithic Ceramic Coatings, Ceramic Matrix Composites, Others), By End-User Industry (Electrical & Electronics, Automotive, Machinery, Environmental, Medical, Others), And By Country - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061611060
- Pages : 124
Asia Pacific advanced ceramics market is projected to grow at a CAGR of 6.42% between 2025 to 2030.
A ceramic is any of a number of hard, heat-resistant, brittle, and corrosion-resistant materials created by molding and burning an inorganic, non-metallic substance like clay at a high temperature. Earthenware, porcelain, and brick are common examples. Advanced ceramics are substances and techniques that are utilized in the research and production of ceramic materials with unique qualities.
Over the projected period, rising demand from end-user verticals such as construction, defense, aviation, and medical is likely to boost market expansion. Furthermore, the increased use of ceramics in the transportation industry, as well as other factors contributing to the worldwide expansion of defense production, are increasing demand for ceramics, which is predicted to enhance the Asia Pacific advanced ceramics market. For instance, China and India are predicted to see an increase in the aviation industry, including airports and aircraft development, according to the International Air Transport Association (IATA). Furthermore, it is anticipated that in 2035, China will add around 817 million new passengers, accounting for a total of 1.3 billion, and India will add 322 million new passengers, accounting for a total of 442 million. As a result, the Asia-Pacific advanced ceramic market is expected to grow faster over the forecast period. In addition, the government is providing major support and investment to help the region's industrial growth. The need for advanced ceramics was produced by the rise of the industrial sector, which in turn drove the growth of the Asia-Pacific advanced ceramics market over the forecast period. Asia-Pacific is one of the world's leading electronic producers. It accounts for more than 70% of global electronics production, with countries such as South Korea, Japan, and China producing a wide range of electrical components and supplies for a variety of sectors around the world. India's electrical and electronics industry is predicted to grow fast as a result of the Make-in-India initiative that aims to make the country self-sufficient. Further, the introduction of 5G technology and advancements in medical electronics are projected to boost demand for sophisticated ceramics in the region.
Key Developments
Coorstek announced its new manufacturing plant in Southeast Asia in February 2021. In the Thai province of Rayong, the first phase of a 400,00 square foot engineered ceramics production facility was completed. On the 25th of January, a ground-breaking ceremony was placed, and the building began in February 2021. Kyocera began building a new research and development facility at its Kokubu location in Kirishima City, Kagoshima, Japan, in December 2020. The mayor of Kirishima City has signed a placement agreement for Kyocera's new R&D center, which will focus on advances in the domains of information and communications, environmental preservation, and smart energy.
By material, the Asia Pacific advanced ceramics market is segmented into Titanate, Zirconia, Alumina, Ferrite, Aluminum Nitride, and Others. The alumina segment is expected to dominate the market over the projection period owing to exceptional qualities that make them suitable for use in a variety of situations, including wear, structural, and corrosive conditions. Further, due to their low cost, magnetic characteristics, and ease of supply, ferrites are expected to grow. It has a wide range of applications due to its excellent mix of mechanical, electrical, and chemical properties.
By product, the Asia Pacific advanced ceramics market is segmented into Monolithic, Ceramic Coatings, Ceramic Matrix Composites, and Others. The monolithic ceramic is expected to dominate during the projection period. The ceramic matrix composites segment is predicted to grow at the quickest rate due to high-temperature resistance and toughness, which are driving demand in a variety of applications. During the projected period the ceramic matrix composites segment is expected to increase significantly.
By end-user industry, Asia Pacific advanced ceramics market is segmented into Electrical & Electronics, Automotive, Machinery, Environmental, Medical, and Others. The electronics sector is bolstered by advanced ceramics. As a result, advanced ceramics are investing much in this field. The high rise of the industrial sector in the region is expected to drive the market's expansion. The region's expanding electrical and electronics industry is expected to drive demand for advanced ceramics. Further, China is the largest producer of electronics and automotive, which is expected to boost the demand of advanced ceramics in these segments steadily.
By country, Asia Pacific adhesive equipment market is segmented into China, Japan, India, South Korea, Thailand, Indonesia, Australia, and others. The China advanced ceramics market is the most developed in the region. The country boasts an abundance of the required minerals, particularly rare earth metals, which are employed in cutting-edge applications. Huge expenditures in the country's power distribution, chemicals, and metallurgical foundation have resulted in broad demand for high-performance and adaptable materials like advanced ceramics. Japan is also a significant shareholder in the market owing to large industries such as automotive, electronics and aviation and military. Further, due to rising population, urbanization, technical breakthroughs such as 5G and IoT, and supporting government policies, India and China are expected to be the region's fastest-growing markets throughout the projection period.
Covid-19 Insights
The COVID-19 epidemic had a detrimental influence on the market. Almost all manufacturing industries where advanced ceramics find applications, such as electrical and electronics, transportation, industrial, chemical reduced their manufacturing capacities due to a lack of workers, prevailing lockdowns, and a halt in the supply chains, during the year 2020. This has had an impact on both production and demand for advanced ceramics. The production and fabrication of electronics parts and components had been halted due to a lack of raw materials, a slowdown in logistics, and a reduction in manpower. Consumer traffic in retailers has decreased dramatically, as have sales of electronics equipment, due to a labour shortage. The COVID-19 epidemic has affected production and trade activities in all major industries throughout the region, which is expected to slow down market development.
Key Market Segments
- By Material
- Alumina
- Zirconate
- Titanate
- Ferrite
- Others
- By Product
- Monolithic
- Ceramic Coatings
- Ceramic Matrix Composites
- Others
- By End-User Industry
- Electrical & Electronics
- Automotive
- Machinery
- Environmental
- Medical
- Others
- By Country
- China
- India
- Japan
- South Korea
- Indonesia
- Thailand
- Australia
- Others
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis
5. ASIA PACIFIC ADVANCED CERAMICS MARKET, BY MATERIAL
5.1. Introduction
5.2. Alumina
5.3. Zirconate
5.4. Titanate
5.5. Ferrite
5.6. Others
6. ASIA PACIFIC ADVANCED CERAMICS MARKET, BY PRODUCT
6.1. Introduction
6.2. Monolithic
6.3. Ceramic Coatings
6.4. Ceramic Matrix Composites
6.5. Others
7. ASIA PACIFIC ADVANCED CERAMICS MARKET, BY END-USER INDUSTRY
7.1. Introduction
7.2. Electrical & Electronics
7.3. Automotive
7.4. Machinery
7.5. Environmental
7.6. Medical
7.7. Others
8. ASIA PACIFIC ADVANCED CERAMICS MARKET, BY COUNTRY
8.1. Introduction
8.2. China
8.3. India
8.4. Japan
8.5. South Korea
8.6. Indonesia
8.7. Thailand
8.8. Australia
8.9. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrative
9.3. Mergers, Acquisition, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. CeramTec GmbH
10.2. Morgan Advanced Material
10.3. CoorsTek Inc.
10.4. Kyocera Corporation
10.5. Murata Manufacturing Co. Ltd.
10.6. 3M Co.
10.7. Materion Corp.
10.8. CM Advanced Ceramics
10.9. UBE Industries, Ltd.
10.10. Mcdanel Advanced Ceramic Technologies Llc.
10.11. Saint-Gobain Ceramic Materials
CeramTec GmbH
Morgan Advanced Material
CoorsTek Inc.
Kyocera Corporation
Murata Manufacturing Co. Ltd.
3M Co.
Materion Corp.
CM Advanced Ceramics
UBE Industries, Ltd.
Mcdanel Advanced Ceramic Technologies Llc.
Saint-Gobain Ceramic Materials
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Europe Advanced Ceramics Market Share: Industry Report, 2022-2027 | Mar 2020 | |
Middle East and Africa Advanced Ceramics Market Growth: 2022-2027 | Mar 2020 | |
South America Advanced Ceramics Market Size: Report, 2022-2027 | Mar 2022 | |
North America Advanced Ceramics Market Size & Share: 2022 - 2027 | Mar 2020 |