Global Automotive Ceramics Market Sizing, Growth, Application- Analysis and Outlook( 2017-2022)
Global Automotive Ceramic Market is forecasted to grow at a CAGR of 8.52 % during 2017 – 2022F, on account of rising environmental awareness among the population. North America region remains the major market among all the regions. In the forecast period, APAC region will witness strong growth driven by the countries such as Japan, India and China.
Increasing government regulations regarding emission of greenhouse gases and various other hazardous pollutants along with the growing focus on electric, hybrid vehicles has led to the growth of automotive ceramics market. Market for Advanced ceramic in automotive industry is growing steadily on account of stringent government regulations regarding emission control as well as fuel economy standards. Respiratory and lung diseases such as Asthma, Leukemic, and Pulmonary Cancer etc. are gaining prominence among both adult and aged population. Air pollution caused due to transportation sector has been a major contributor.
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