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Technical Ceramics Market by Material, Product, End-Use Industry, and by Region - Global Forecast to 2021

Technical Ceramics Market: Global Forecast until 2021

  • July 2016
  • 175 pages
  • ID: 4010946
In this report:
The market size for technical ceramics in the others end-use industry segment was ##.## kilotons in 2015 and is projected to register a CAGR of ##.##% between 2016 and 2021, to reach ##.## kilotons by 2021.
The other end-use industries segment of technical ceramics accounted for ##.##% of the global technical ceramics market, in terms of volume, in 2015.

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"Growing demand for technical ceramics in medical end-use sector is a prime factor for the increase ot the technical ceramics market"

The overall technical ceramics market size (2016-2021) is forecasted to reach ~$8.5B by 2021 at a Compound annual growth rate of ~6.4 percent. The industry demand for technical ceramics is growing due to its increased usage in the manufacturing of medical devices and implants that are used for bone and tooth replacements. With the increasing electronics & semiconductor market, the raised demand for high temperature stability, low thermal expansion, and robust products drives the sector for technical ceramics.

"Electronics & semiconductor: the most important end-use sector of technical ceramics"

Technical ceramics are used in different end-use industries including electronics & semiconductor, automotive, energy & power, industrial, medical, military & defense, and others. In 2015, the electronics & semiconductor segment recorded for the largest portion of market share among all the applications, in terms of value as well as volume, followed by automotive, energy & power, and industrial markets. Among all the applications, medical end-use market is forecasted to register the highest compound annual growth rate (CAGR) between 2016 and 2021, in terms of value as well as volume.

"Increasing demand for technical ceramics from the developing industries of Asia-Pacific is the main driver for the technical ceramics market"

In 2015, Asia-Pac is expected to account for the largest part of market share, in terms of value as well as volume, and is projected to remain the market leader during the outlook period. High industrial rise resulted in an increased demand for technical ceramics in various applications including in the electronics & semiconductor and medical sectors. This increase is further supported by the increasing military & defense sector in Asia Pacific (APAC) due to the increased governmental investments in the defense market. China (CN) recorded for the biggest market share in this region due to the increased demand for military & defense equipment over the last 2-3 years. Other emerging economies, including India and Brazil (BR), are the industries which are estimated to grow quickly.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were performed.

The breakdown of primary interviews is presented below.

- By Company Type - Tier 1 - 33.0 percent, Tier 2 - 60.0 percent, and Others - 7.0 percent

- By Description - C-suite - 56.0 percent, D-level - 33.0 percent, and Others - 11.0 percent

- By area - North america (NA) - 13.0 percent, Europe - 47.0 percent, Asia-Pacific - 20.0 percent, the Middle East & Africa - 13.0 percent, and South America - 7.0 percent

The main companies decribed in this research report are CeramTec GmbH, Kyocera Corporation, Morgan Advanced Materials, Saint-Gobain Ceramic Materials, McDanel Advanced Ceramic Technologies, Ceradyne, Incorporated (3M Company), Rauschert Steinbach GmbH, Dyson Technical Ceramics Limited, Superior Technical Ceramics, NGK Spark Plug Co., Limited, and other local actors.

The market research will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the technical ceramics market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. It will facilitate partners to apprehend the pulse of the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

3. It will facilitate partners to comprehend the players and obtain additional insights to better their rank in the business sector. The competitive outlook section includes new industry product developments, alliances, and mergers & acquisitions.

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