Infinium Global Research Advanced Ceramics Market | Page 8

Advanced Ceramics Market: Global Industry Analysis, Trends, Market Size and Forecasts up
to 2023
The market size of advanced ceramics is determined based on the top down approach. The
market size is validated using primary interview with the participants working in some of
the leading players in the advanced ceramics market. The primary interview participants
typically includes managers and CXO level executives of theleading players in this market.
The primary interviews not only help identify the market size of the advanced
ceramicsmarket but also identify the factors that promote the growth in the market and the
factors that restrain the growth in this market. The views of primary respondents were
reconciled to provide qualitative analysis of the advanced ceramicsmarket. The primary
respondents also help identifying top 5-10 players and their possible market share in the
respective country markets and in world market. The bottom-up approach is used to
validate the global market size of advanced ceramics. With the help of primary interviews
and secondary research the market size of advanced ceramicsis determined for each
country studied, which then is added to arrive at regional market size and thereby obtaining
global market size. This in turn helps us to validate the market size of advanced ceramics in
the world market.
Executive Summary
Global Advanced Ceramics Market Highlights, (USD Million)
The global Advanced Ceramics market is expected to grow at a CAGR of 10.5 % between
2017 and 2023 in terms of value.The demand for electronic device is growing among
customers in emerging economies of Asia Pacific including India and China. The advance
ceramics are used as an alternative to metals and plastics and growing environmental
anxieties is likely to drive the market growth. The advance ceramics are maily used in
industries such as medical, transportation, environmental, electrical & electronics,
chemical, defense& security, and others. Additionally changing lifestyle and increasing the
per capita income of the consumer is expected to propel the growth of the market.
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