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Advanced Ceramics Market Worth $9.5 Billion by 2020


News provided by

MarketsandMarkets

15 May, 2015, 01:30 GMT

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DALLAS, May 15, 2015 /PRNewswire/ --

The report "Advanced Ceramics Market by Material (Titanate Ceramics, Alumina Ceramics, Zirconia Ceramics, Silicon Carbide Ceramics, and Others), by Class (Monolithic Ceramics, Ceramic Coatings, and Ceramic Matrix Composites), by Application (Electrical & Electronics, Medical & Bio-Medical, Transportation, Industrial Machinery, Environmental, Chemical, Defense & Security, and Others) and by Region - Global Trends & Forecasts to 2020", published by MarketsandMarkets, Advanced Ceramics Market is projected to register a market size in terms of value of $9.5 Billion by 2020, signifying firm annualized growth of 7% between 2015 and 2020.

Browse 74 market data Tables and 56 Figures spread through 150 Pages and in-depth TOC on "Advanced Ceramics Market"

http://www.marketsandmarkets.com/Market-Reports/advanced-ceramic-market-78409610.html
Early buyers will receive 10% customization on this report.

Asia-Pacific - The biggest market for advanced ceramics 

The Advanced Ceramics Market in Asia-Pacific is projected to register one of the fastest-growth mainly due to the presence of emerging economies such as China and India as well as emerging activities in the electronics, transportation, energy, and industrial sectors.  Asia-Pacific is the biggest market for advanced ceramics, and accounted for a share of around 40% of the global market share in terms of value in 2014 which was majorly contributed by China. It is also estimated that China is the fastest-growing market for advanced ceramics in the region owing to growing population, vast economies-developed as well as developing, favorable investment policies, and government initiatives to promote industrial growth.

Advanced Ceramic Coatings - The fastest-growing product segment of advanced ceramics 

The advanced ceramic coatings are the fastest growing product of advanced ceramics. Asia-Pacific and North America are currently the largest consumers of ceramic coatings, and accounted for a share of about 15% of the total market size in 2014. Ceramic matrix composites offer better corrosion resistance than other metals that offers decreased maintenance and costs for various end industries such as electronics, automotive, aerospace and military & defence.

For Further Inquiry:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=78409610

Electronics industry - The largest market for advanced ceramics 

The electronics industry is one of the largest end-user industries of advanced ceramics and this trend is projected to continue in the near future. Asia-Pacific is the biggest market for electronics industry, and accounted for a share of more than 40% of the total market size in 2014. It is also estimated that China followed by Japan, South Korea, and India are the fast-growing markets of advanced ceramics for electronics industry in the region.

The U.S. and China are at forefront of advanced ceramics consumption, while Germany, France, Japan, and U.K. are other key markets for advanced ceramics consumption. China is the key market in Asia-Pacific, consuming more than half of the demand for the advanced ceramics, followed by Japan, South Korea, and India where consumption is growing at a steady rate. Increase in the consumption of advanced ceramics for monolithic ceramics, ceramic matrix composites and ceramic coatings have been observed in Asia-Pacific due to continued industrialization and rise in the manufacturing sector of the region. Medical industry is projected to be the fastest-growing application segment followed by military & defense between 2015 and 2020.

Browse Related Reports: 

Ceramic Matrix Composites Market by Type (Oxide/Oxide, Silicon Carbide/Silicon Carbide, Carbon/Carbon and Others), by Application (Aerospace, Defense, Energy & Power, Electrical & Electronics and Others) and by Region - Trends & Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/ceramic-matrix-composites-market-60146548.html

Ceramic Sanitary Ware Market by Product (Washbasins, Toilet Sinks, Cisterns, Pedestals, and Others), by Technology (Slip Casting, Tape Casting, Pressure Casting, and Isostatic Pressing), and Region-Trends & Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/ceramic-sanitary-ware-market-581.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Subscribe Reports from Chemical Domain @http://www.marketsandmarkets.com/Subscription.html

Contact:
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Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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