Advanced Ceramics Market worth 10.41 Billion USD by 2021
According to the new research report "Advanced Ceramics Market by Material (Titanate, Alumina, Zirconia,
Silicon Carbide), Class (Monolithic Ceramics, Ceramic Coatings, Ceramic Matrix Composites), End-Use Industry
(Medical, Electrical & Electronics), and Region - Global Forecast to 2021", The advanced ceramics market is
estimated to grow from USD 7.15 Billion in 2015 to USD 10.41 Billion by 2021, at a CAGR of 6.5% during the
forecast period.
Download FREE PDF Sample Report at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=78409610
Browse 87 market data tables and 41 figures spread through 157 pages and in-depth TOC on “Advanced Ceramics
Market”
https://www.marketsandmarkets.com/Market-Reports/advanced-ceramic-market-78409610.html
Early buyers will receive 10% customization on this report.
This growth can be attributed to the growing demand for advanced ceramics in the medical industry, especially for
joint implantation and dental procedures, owing to their chemical inertness and low wear resistance property.
These properties of advanced ceramics make it a preferred material over metals and plastics.
Based on end-use industry, the electrical & electronics segment is projected to lead the advanced ceramics
market during the forecast period
Based on end-use industry, the electrical & electronics segment is projected to lead the Advanced Ceramics
Market during the forecast period. Advanced ceramics are used in the electrical & electronics industry on a large
scale, owing to their various properties such as damage tolerance, fracture toughness, high temperature
resistance, and wear & tear, and corrosion resistance. In addition, the use of these ceramics reduce the overall
weight of electronics, which has propelled the demand for these ceramics in the electrical & electronics industry.
Request for Sample of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=78409610
Based on class, the ceramic coatings segment is projected to grow at the highest CAGR during the forecast
period
The ceramic coatings segment is projected to grow at the highest CAGR from 2016 to 2021. Ceramic coatings are
corrosion-resistant, which decreases the maintenance cost of products of various end-use industries such as
electrical & electronics, transportation, and defense & security. In addition, the growing use of plasma sprayed
coating in semiconductor and LCD equipment is also driving the demand for ceramic coatings.
Asia-Pacific projected to grow at the highest CAGR from 2016 to 2021
The advanced ceramics market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period
due to the increasing use of advanced ceramics in various industries such as electrical & electronics, chemical,
transportation, environmental, and defense & security in emerging economies of the region such as China and
India. Asia-Pacific is the largest market for advanced ceramics. It is estimated that India will be the fastest-growing
market for advanced ceramics in the region, owing to the growing population of the country, favorable investment
policies, and government initiatives to promote industrial growth.
Kailas Suryawanshi
Page 1