The global electronics ceramics & electrical ceramics market size (2016-2021) is estimated to reach USD 11.98 billion by 2021 at a CAGR of 4.89%. The demand for electronics ceramics & electrical ceramics is increasing due to increased usage in the manufacture of medical devices.
With the growing home appliances industry, the increased demand for high temperature stability, low thermal expansion, and durable products drives the market for electronics ceramics & electrical ceramics. The major restraint for electronics ceramics & electrical ceramics market is its higher cost in comparison to other metals and alloys.
In 2015, the Asia-Pacific region is estimated to have accounted for the largest market share, in terms of value as well as volume, and this trend is expected to continue during the forecast period. Higher living standards in this region are creating a shift in demand towards more technologically advanced and innovative electronic home appliances that provide greater living comfort.
This growth is further supported by the growing medical devices industry in the Asia-Pacific region due to the increased governmental investments in the health sector. China accounted for the largest market share in this region due to the increased demand for home appliances over the last couple of years. Other emerging economies, such as India and Brazil, are the markets which are projected to grow rapidly.
Ceradyne Inc. (3M Company)
Mantec Technical Ceramics Ltd.
Morgan Advanced Materials
Murata Manufacturing Co., Ltd.
NGK Spark Plug Co., Ltd.
Rauschert Steinbach GmbH
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Electronics Ceramics & Electrical Ceramics Market, By Material
8 Electronics & Electrical Ceramics Market, By Product
9 Electronics Ceramics & Electrical Ceramics Market, By End-Use Industry
10 Electronics Ceramics & Electrical Ceramics Market, By Region