Please Wait.....
Report
Technical Ceramics Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 150 Pages I Mordor Intelligence
The technical ceramics market size is projected to register a CAGR of over 7% during the forecast period (2022-2027).
The market was negatively impacted by COVID-19 in 2020. However, the market has now been estimated to have reached pre-pandemic levels and is expected to grow steadily in the future.
Key Highlights
Over the short term, the market is driven by factors such as increasing demand from the medical industry. The growth in end-user applications in the automotive industries on account of the rising demand for electric vehicles is expected to drive the demand for the market during the forecast period.
High capital costs and properties such as brittleness and lack of technical ceramics are likely to hinder the market growth.
Technical ceramics are used to coat the wind turbine components to protect them against intense conditions of heat, dust, moisture, and UV radiation, which can cause high corrosion. The rising demand for clean energy generation is likely to drive the market.
Increased demand for industrial applications (metallurgy and industrial machinery) is projected to act as an opportunity for the market in the future.
Technical Ceramics Market Trends
Increasing Demand from the Medical Industry
Technical ceramics are used in a wide range of medical devices, such as lithotripters and ultrasonic cleaners, and in dental ceramics in the field of dentistry.
Another major application of technical ceramics is in bioceramics, where it is used in artificial organ implants, especially hip joints.
The replacement of chemotherapy with radioactive glass microspheres for liver cancer patients, ceramic-based orthodontic braces, biocompatible coatings, and advanced drug delivery systems for cardiovascular stents and other implantable medical devices and composite layers for gene therapy are a few other developing applications of technical ceramics.
The number is anticipated to be higher in Europe (nearly 20%) and Japan (approximately 30%). Among the factors contributing to increased life expectancy are enhanced living conditions, improved sanitation, better prevention of communicable diseases, and increasing access to medicine and better sanitation products.
Europe comprises only one-eighth of the total world population but has around one-quarter of the global total of cancer cases, with some 3.7 million new patients per year.
Although more than 40% of cancer deaths can be prevented, cancer accounts for 20% of deaths in the European Region.
The rising prevalence of chronic diseases and the rapidly aging population worldwide are projected to increase the demand for medical implants, which will drive the demand for technical ceramics from the medical industry during the forecast period.
China to Dominate the Asia-Pacific Market
China has the world's largest electronics production base. Electronic products, such as smartphones, TVs, wires, cables, portable computing devices, gaming systems, and other personal electronic devices, recorded the highest growth in the electronics segment. The country serves not only domestic demand for electronics but also exports electronic output to other countries.
In 2020, the revenue of consumer electronics in China amounted to over USD 150 billion, an increase of more than 20 billion since the previous year, and is expected to generate a revenue of USD 175 billion by 2025.
Chinese solar panel manufacturers are formulating output-boosting innovations to ensure continued survival in the market. For instance, JinkoSolar Holding is currently developing solar modules with a back sheet that can generate power from light being reflected off the ground.
The world's biggest solar products maker and solar power generator brought 54.88 GW of new solar power into operation in 2021, taking the total installed capacity to 306 GW despite a supply disruption of raw materials. China is also expected to add 75 to 90 gigawatts (GW) of solar power in 2022.
The medical device market in China is considered one of the fastest-growing sectors and was estimated to be around USD 95 billion by the start of 2021.
Based on the aforementioned aspects, China is expected to dominate the market during the forecast period.
Technical Ceramics Market Competitor Analysis
The technical ceramics market is partially fragmented in nature. Some of the major players in the market (in no particular order) include 3M, Morgan Advanced Materials, CoorsTek Inc., KYOCERA Corporation, and NGK SPARK PLUG CO. LTD.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing End-user Applications in the Electronics and Automotive Industries
4.1.2 Increasing Demand from the Medical Industry
4.1.3 Eco-friendly and Reliable for Use
4.2 Restraints
4.2.1 High Capital Cost
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Patent Analysis
4.6 Price Analysis
5 MARKET SEGMENTATION (Market Size by Revenue)
5.1 Product
5.1.1 Monolithic Ceramics
5.1.2 Ceramic Matrix Composites
5.1.3 Ceramic Coatings
5.1.4 Other Products
5.2 End-user Industry
5.2.1 Automotive
5.2.2 Electrical and Electronics
5.2.3 Energy and Power
5.2.4 Medical
5.2.5 Defense and Aerospace
5.2.6 Other End-user Industries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 France
5.3.3.4 Italy
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share(%)**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 3M
6.4.2 Bakony Ipari Kermia Kft.
6.4.3 CeramTec GmbH
6.4.4 CoorsTek Inc.
6.4.5 Dyson Technical Ceramics
6.4.6 Ortech Advanced Ceramics
6.4.7 KYOCERA Corporation
6.4.8 Mantec Technical Ceramics Ltd
6.4.9 McDanel Advanced Ceramic Technologies
6.4.10 Morgan Advanced Materials
6.4.11 NGK SPARK PLUG CO. LTD
6.4.12 Rauschert GmbH
6.4.13 Saint-Gobain
6.4.14 STC Superior Technical Ceramics
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Demand for Industrial Applications (Metallurgy and Industrial Machinery)
7.2 Increasing Usage in Nano Technology
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security