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Global Ceramic Substrates Industry

Global Ceramic Substrates Industry

  • April 2021
  • 293 pages
  • ID: 5899204
  • Format: PDF
  • Global Industry Analysts

Summary

Table of Contents

MARKET IMPACT SURVEY - COVID-19 & LOOMING RECESSION

Timely market intelligence is paramount in these uncertain times!

We launched an impact survey to update this project with timely insights during 2020. Update frequency will depend upon evolving market conditions and executive opinions. Our participants are executives driving strategy, marketing, sales and product management at competitive companies worldwide. All updates during the rest of the year are complimentary to clients!

Abstract:
- Global Ceramic Substrates Market to Reach $10 Billion by 2027
- Amid the COVID-19 crisis, the global market for Ceramic Substrates estimated at US$6.6 Billion in the year 2020, is projected to reach a revised size of US$10 Billion by 2027, growing at a CAGR of 6% over the analysis period 2020-2027. Alumina Substrates, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$3.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Aluminum Nitride Substrates segment is readjusted to a revised 6.5% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 9.2% CAGR
- The Ceramic Substrates market in the U.S. is estimated at US$1.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2027 trailing a CAGR of 9.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 5.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
- Silicon Nitride Substrates Segment to Record 6.2% CAGR
- In the global Silicon Nitride Substrates segment, USA, Canada, Japan, China and Europe will drive the 5.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$749.7 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2027, while Latin America will expand at a 7.4% CAGR through the analysis period.

- Select Competitors (Total 41 Featured) -
  • Advanced Substrate Microtechnology Corporation
  • Asahi Glass Co., Ltd.
  • Beijing Asahi Glass Electronics Co., Ltd.
  • CeramTec GmbH
  • Chaozhou Three-Circle (Group) Co., Ltd.
  • CoorsTek, Inc.
  • Ecocera Optoelectronics Ltd.
  • ICP Technology Co., Ltd.
  • Koa Corporation
  • Kyocera Corporation
  • LEATEC Fine Ceramics Co., Ltd
  • Maruwa Co., Ltd.
  • Murata Manufacturing Co., Ltd.
  • Nikko Company
  • Nippon Carbide Industries Co.,Inc.
  • TA-I TECHNOLOGY CO., LTD.
  • Toshiba Materials Co., Ltd.
  • Yokowo Co., Ltd.

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