Technical Ceramics Market Growth & Trends:
The global technical ceramics market size is expected to reach USD 145.14 billion by 2030, registering a CAGR of 5.6% from 2023 to 2030, according to a new report by Grand View Research, Inc.. Rising product need in various end-use industries owing to their cost effectiveness and increased life span, as opposed to their customary counterparts, is expected to positively impact the market over the forecast period.
Rising automobile demand among consumers, particularly in Asia Pacific countries including China and India, on account of rising disposable incomes and changing lifestyles, is expected to fuel product demand over the forecast period. In addition, rising product use as a substitute to plastics and metals in numerous high-performance applications, in the medical and automotive sectors, is expected to propel growth over the forecast years.
These products have been gaining acceptance over the past few years on account of growing awareness regarding their benefits such as biodegradability, durability, and high tensile strength. Rising environmental concerns, coupled with stringent regulations by governments in North America and Europe, are expected to further propel product demand over the next eight years.
The global industry is also expected to witness considerable growth over the next eight years owing to their increasing product use in the electronic & electricals industry. Rising electronic devices demand among consumers, most notably in the Asian continent, is expected to have a positive impact on the product demand over the forecast period.
The extensive use of coated machinery components, coupled with shifting preference among consumers to technical coatings and breakthroughs in deposition processes, are expected to open new market opportunities for the products over the forecast period. Key factors expected to challenge industry growth include regulatory as well as environmental issues, and competition from alternative materials.
Technical Ceramics Market Report Highlights:
- The global technical ceramics market was valued at USD 94.87 billion in 2022 and is expected to grow at a CAGR of over 5.6% from 2023 to 2030
- Titanates are expected to be the fastest-growing segment during the forecast period, at a CAGR over 7.2% in terms of revenue, owing to their increasing use as capacitors.
- The monolithic ceramics segment accounted for the dominant revenue share of 84.0% in 2022. The product is employed in numerous insulation and lining applications, as they are resistant to thermal shock and can withstand tremendously high temperatures
- The bioceramics segment is expected to expand at the fastest CAGR of 8.4% over the forecast period and the segment is expected to grow at a fast pace over the next eight years, on account of its rising use in joint and hip replacements
- Medical segment is expected to register a growth rate of 6.7% over the forecast period, on account of Increasing need from this industry in various applications, such as dental implants and bone & tissue replacements
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Raw Material
- 1.1.2. Product
- 1.1.3. Application
- 1.1.4. End-Use
- 1.1.5. Regional scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Raw material outlook
- 2.2.2. Product outlook
- 2.2.3. Application outlook
- 2.2.4. End-use outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Technical Ceramics Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market driver analysis
- 3.5.2. Market restraint analysis
- 3.5.3. Industry opportunities & challenges
- 3.6. Technical Ceramics Market Analysis Tools
- 3.6.1. Industry Analysis - Porter's Five Forces
- 3.6.1.1. Supplier power
- 3.6.1.2. Buyer power
- 3.6.1.3. Substitution threat
- 3.6.1.4. Threat of new entrant
- 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL Analysis
- 3.6.2.1. Political landscape
- 3.6.2.2. Technological landscape
- 3.6.2.3. Economic landscape
- 3.6.2.4. Social landscape
- 3.6.2.5. Environmental landscape
- 3.6.2.6. Legal landscape
Chapter 4. Supplier Portfolio Analysis
- 4.1. List of Suppliers
- 4.2. Kraljic Matrix
- 4.3. Sourcing Best Practices
- 4.4. Negotiation Strategies
Chapter 5. Technical Ceramics Market: Raw Material Estimates & Trend Analysis
- 5.1. Technical Ceramics Market: Key Takeaways
- 5.2. Technical Ceramics Market: Raw Material Movement & Market Share Analysis, 2022 & 2030
- 5.3. Alumina Ceramics
- 5.3.1. Alumina ceramics market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Titanate Ceramics
- 5.4.1. Titanate ceramics market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.5. Zirconate Ceramics
- 5.5.1. Zirconate ceramics market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.6. Ferrite Ceramics
- 5.6.1. Ferrite ceramics market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.7. Aluminum Nitride
- 5.7.1. Aluminum nitride market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.8. Silicon Carbide
- 5.8.1. Silicon carbide market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.9. Silicon Nitride
- 5.9.1. Silicon nitride market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Technical Ceramics Market: Product Estimates & Trend Analysis
- 6.1. Technical Ceramics Market: Key Takeaways
- 6.2. Technical Ceramics Market: Product Movement & Market Share Analysis, 2022 & 2030
- 6.3. Monolithic Ceramics
- 6.3.1. Monolithic ceramics market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. Ceramic Coatings
- 6.4.1. Ceramic coatings market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Ceramic Matrix Composites
- 6.5.1. Ceramic matrix composites market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Technical Ceramics Market: Application Estimates & Trend Analysis
- 7.1. Technical Ceramics Market: Key Takeaways
- 7.2. Technical Ceramics Market: Application Movement & Market Share Analysis, 2022 & 2030
- 7.3. Electrical Equipment
- 7.3.1. Electrical equipment market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.4. Catalyst Supports
- 7.4.1. Catalyst supports market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.5. Electronic Devices
- 7.5.1. Electronic devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.6. Wear Parts
- 7.6.1. Wear parts market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.7. Engine Parts
- 7.7.1. Engine parts market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.8. Filters
- 7.8.1. Filters market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.9. Bioceramics
- 7.9.1. Bioceramics market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.10. Others
- 7.10.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 8. Technical Ceramics Market: End-use Estimates & Trend Analysis
- 8.1. Technical Ceramics Market: Key Takeaways
- 8.2. Technical Ceramics Market: End-use Movement & Market Share Analysis, 2022 & 2030
- 8.3. Electrical & Electronics
- 8.3.1. Electrical & Electronics market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.4. Automotive
- 8.4.1. Automotive market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.5. Machinery
- 8.5.1. Machinery market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.6. Environmental
- 8.6.1. Environmental market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.7. Medical
- 8.7.1. Medical market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.8. Others
- 8.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 9. Technical Ceramics Market: Regional Estimates & Trend Analysis
- 9.1. Regional Outlook
- 9.2. Global Technical Ceramics Market by Region: Key Takeaways
- 9.3. North America
- 9.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.3.2. U.S.
- 9.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.3.3. Canada
- 9.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4. Europe
- 9.4.1. U.K.
- 9.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4.2. Germany
- 9.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4.3. France
- 9.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4.4. Italy
- 9.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4.5. Spain
- 9.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.5. Asia Pacific
- 9.5.1. Japan
- 9.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.5.2. China
- 9.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.5.3. India
- 9.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.6. Latin America
- 9.6.1. Brazil
- 9.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.6.2. Mexico
- 9.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.7. MEA
- 9.7.1. Saudi Arabia
- 9.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 10. Competitive Landscape
- 10.1. Recent Developments & Impact Analysis, By Key Market Participants
- 10.2. Market Participant Categorization
- 10.2.1. CeramTec GmbH
- 10.2.1.1. Company overview
- 10.2.1.2. Financial performance
- 10.2.1.3. Product benchmarking
- 10.2.1.4. Strategic initiatives
- 10.2.2. Elan Technology
- 10.2.2.1. Company overview
- 10.2.2.2. Financial performance
- 10.2.2.3. Product benchmarking
- 10.2.2.4. Strategic initiatives
- 10.2.3. Oerlikon Surface Solutions AG
- 10.2.3.1. Company overview
- 10.2.3.2. Financial performance
- 10.2.3.3. Product benchmarking
- 10.2.3.4. Strategic initiatives
- 10.2.4. Ortech Incorporated
- 10.2.4.1. Company overview
- 10.2.4.2. Financial performance
- 10.2.4.3. Product benchmarking
- 10.2.4.4. Strategic initiatives
- 10.2.5. Morgan Technical Raw Materials PLC
- 10.2.5.1. Company overview
- 10.2.5.2. Financial performance
- 10.2.5.3. Product benchmarking
- 10.2.5.4. Strategic initiatives
- 10.2.6. CoorsTek
- 10.2.6.1. Company overview
- 10.2.6.2. Financial performance
- 10.2.6.3. Product benchmarking
- 10.2.6.4. Strategic initiatives
- 10.2.7. Kyocera Industrial Ceramics Corporation
- 10.2.7.1. Company overview
- 10.2.7.2. Financial performance
- 10.2.7.3. Product benchmarking
- 10.2.7.4. Strategic initiatives
- 10.2.8. 3M
- 10.2.8.1. Company overview
- 10.2.8.2. Financial performance
- 10.2.8.3. Product benchmarking
- 10.2.8.4. Strategic initiatives
- 10.2.9. DuPont
- 10.2.9.1. Company overview
- 10.2.9.2. Financial performance
- 10.2.9.3. Product benchmarking
- 10.2.9.4. Strategic initiatives
- 10.2.10. Murata Manufacturing Co. Ltd.
- 10.2.10.1. Company overview
- 10.2.10.2. Financial performance
- 10.2.10.3. Product benchmarking
- 10.2.10.4. Strategic initiatives
- 10.2.11. General Electric
- 10.2.11.1. Company overview
- 10.2.11.2. Financial performance
- 10.2.11.3. Product benchmarking
- 10.2.11.4. Strategic initiatives
- 10.2.12. Honeywell
- 10.2.12.1. Company overview
- 10.2.12.2. Financial performance
- 10.2.12.3. Product benchmarking
- 10.2.12.4. Strategic initiatives
- 10.2.13. Momentive Performance Materials Inc.
- 10.2.13.1. Company overview
- 10.2.13.2. Financial performance
- 10.2.13.3. Product benchmarking
- 10.2.13.4. Strategic initiatives
- 10.2.14. Pall Corporation
- 10.2.14.1. Company overview
- 10.2.14.2. Financial performance
- 10.2.14.3. Product benchmarking
- 10.2.14.4. Strategic initiatives
- 10.2.15. Saint-Gobain
- 10.2.15.1. Company overview
- 10.2.15.2. Financial performance
- 10.2.15.3. Product benchmarking
- 10.2.15.4. Strategic initiatives