Chemicals and Materials Automotive Ceramics Market New

The report "Automotive Ceramics Market by Material (Alumina Oxide Ceramic, Titanate
Oxide Ceramic, Zirconia Oxide Ceramic), Application (Automotive Engine Parts, Automotive
Exhaust Systems, Automotive Electronics), and Region - Global Forecast to 2022",
published by MarketsandMarkets™, the Automotive Ceramics Market is expected to grow
from USD 1.59 Billion in 2017 and is projected to reach USD 2.05 Billion by 2022, at a CAGR
of 5.2% from 2017 to 2022.
Browse 75 market data Tables and 33 Figures spread through 122 Pages and in-depth TOC
on "Automotive Ceramics Market"
https://www.marketsandmarkets.com/Market-Reports/automotive-ceramic-market-
127800594.html
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Among materials, in terms of value, the zirconia oxide ceramics market is projected
to grow at the highest CAGR during the forecast period.
Based on material, the Automotive Ceramics Market has been segmented into alumina
oxide ceramic, titanate oxide ceramic, zirconia oxide ceramic, and others. The alumina
oxide ceramic material segment accounted for the largest share of the Automotive
Ceramics Market in 2016. The zirconia oxide ceramics material segment is projected to
grow at the highest CAGR during the forecast period. Owing to their superior properties,
such as high density, high fracture toughness, high flexural strength, and high chemical
resistance properties, leading market players prefer the use of zirconia oxide ceramics to
manufacture automotive components and parts.
Thus, the increased demand for zirconia oxide-based ceramic components is expected to
drive the demand for ceramic materials globally during the forecast period.