The global Automotive Ceramics Market is expected to reach USD 2.29 Billion by 2026, according to a new report by Reports and Data. This is owing to the increasing use of ceramics as a substitute to metals and plastics by vehicle producers and automotive component manufacturers, for its mechanical strength and thermal and electrical properties.
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The report offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them to gain a robust footing in the global industry. It also discusses in detail the recent mergers and acquisitions, partnerships, collaborations, and product launches among others.
Further key findings from the report suggest:
By type, functional ceramics held a larger market share in 2018 and is expected to grow at a rate of 4.7% in the forecast period. This is due to the increasing use of the ceramics in sparks and glow plug, knocking sensors, PTC heaters, parking distance control, oxygen sensors, and fuel injection systems, among others.
By material, alumina oxide contributed to the largest market share in 2018 and is expected to grow at a rate of 4.2% in the forecast period. This material is the most widely used ceramics material, due to its superb material characteristics such as high mechanical strength, high electrical insulation, high wear, and chemical resistance.
The Asia Pacific Region held the largest market share in 2018 and is expected to grow at a rate of 4.8% in the forecast period. Increasing demand for automotive ceramics in automotive components from automobile manufacturers, especially in developing countries, such as China and India, is forecasted to drive the product demand in the future.
Key participants include CoorsTek Inc., Kyocera Corporation, Morgan Advanced Materials PLC, Saint-Gobain Ceramic Materials, Ibiden Co. Ltd., Ceradyne, Momentive Performance Materials Inc., CeramTec GmbH, Oerlikon Surface Solutions AG, and Elan Technology, among others.
In July 2018, CoorsTek, a leading market player, announced the commencement of a new research and development (R&D) center in Uden, The Netherlands. This new R&D center is closely associated with CoorsTek R&D teams in the U.S. and Japan and is committed to developing technical ceramics capabilities to support CoorsTek customers across the globe.
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The market is further segmented on the basis of product types offered in the market and the application spectrum. On the basis of types, the segmentation covers:
Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Material Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Automotive Engine Parts
Automotive Exhaust Systems
The report is further segmented into key geographical regions along with their countries to impart a better understanding of the market. The report focuses on the economic growth, technological advancements, investment and funding, R&D activities, production and consumption ratio, current and emerging trends, and presence of key players in each region.
The regional analysis covers the following key regions of the world:
North America (U.S.A., Canada)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Table of Contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Automotive Ceramics Segmentation & Impact Analysis
4.1. Automotive Ceramics Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
188.8.131.52. Growth of the automotive industry in the Asia Pacific region
184.108.40.206. Growing use as substitute to metals and plastics
220.127.116.11. Stringent government regulations regarding air pollution
4.2.3. Market restraints analysis
18.104.22.168. High cost of the product
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Questions Answered in the Report:
What will be the estimated growth rate of the Automotive Ceramics Market in 2027?
Who are the prominent distributors, vendors, and manufacturers of the Automotive Ceramics Market?
What are the driving and restraining factors of the growth of Automotive Ceramics Market throughout the forecast period?
What are the current and future market trends of the Automotive Ceramics Market?
What are the sales and price analysis of the product by types, applications, and regional sales?
Which region is expected to dominate the market growth over the forecast period?
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