U.S (New York)– The “Technical Ceramics Market” 2023 research report appears to cover various aspects of the market, including the strategies of top players, market segments, competitive landscape, manufacturing, and pricing structures. In this report, we will provide an in-depth analysis of the current state of the global Technical Ceramics Market, its key drivers and challenges, and its future prospects. This study contains research on market dynamics, such as SWOT, PESTLE, and Porter’s Five Forces analysis, as well as details about drivers, constraints, trends, and opportunities. These studies may assist in providing a thorough overview of the worldwide industry. Additionally, the key segments of the industry are evaluated according to their performance.
The global technical ceramics market was valued at $8.03 billion in 2018, and it is projected to reach $13.09 million by 2026, growing at a CAGR of 6.20% from 2019 to 2026. Ceramics made for or used in technical applications are known as technical ceramics. Technical ceramics exhibit excellent electrical properties and dielectric strength, which favors their use in technical applications. Apart from this, they exhibit properties such as excellent strength, purity, hardness, density, fracture toughness, thermal & electrical conductivity, and thermal expansion. Due to these properties, technical ceramics are highly recommended electrical insulators & connector bodies, high-temperature components, water faucet valves, mechanical seals, vacuum chambers & vessels, centrifuge linings, and other products.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Technical ceramics are known for their properties such as high-temperature stability, corrosion resistance, thermal shock resistance, and hardness; that makes them superior over other materials. As a result electronics, automotive, and power generation industries are using this material to produce high-quality components; thereby contributing to the growth of the market. Since, technical ceramics are used to produce smaller electronic components, the trend for miniaturization in the consumer electronics industry further boosts their adoption. However, the need to produce custom products in most of the end-use industries is expected to hamper the growth of the global market.
The global technical ceramics market is segmented on the basis of material, product, end-use industry, and region. By material type, the global market is studied across oxide ceramics and non-oxide ceramics. By product, the global market is segmented into monolithic ceramics, ceramic coatings, and ceramic matrix composites. By end-use industry, the global market is classified into electronics & semiconductors, automotive, energy & power, industrial, medical, military & defense, other industries. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS FOR STAKEHOLDERS
? The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global technical ceramics market from 2018 to 2026 to determine the prevailing opportunities.
? A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
? Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume.
? Profiles of leading players operating in the market are provided to understand the global competitive scenario.
? The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
KEY MARKET PLAYERS
– KYOCERA Corporation
– Albemarle Corporation
– Morgan Advanced Materials plc
– Rauschert GmbH
– McDanel Advanced Ceramic Technologies
– CoorsTek Inc.
– Saint-Gobain S.A.
– 3M
– NGK Spark Plug Co., Ltd.
– KCC CORPORATION.
The other players in the value chain include Superior Technical Ceramics, Ceradyne Inc., Ortech Incorporated, Murata Manufacturing Co. Ltd., Momentive Performance Materials Inc., and others.
KEY MARKET SEGMENTS
– By Material
? Oxide
? Non-Oxide
– By Product
? Monolithic Ceramics
? Ceramic Coatings
? Ceramic Matrix Composites
– By End-User
? Electronics & Semiconductor
? Automotive
? Energy & Power
? Industrial
? Medical
? Military & Defense
? Others
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– By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? France
? Italy
? Spain
? UK
? Rest of Europe
o Asia-Pacific
? China
? Japan
? India
? South Korea
? Australia
? Rest of Asia-Pacific
o LAMEA
? Brazil
? Saudi Arabia
? South Africa
? LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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