Asia Pacific Advanced Ceramics Market - Segmented by Material Type, by Class, by End-User Industry, and Geography - Growth, Trends, and Forecasts (2018 - 2023)
The Asia-Pacific advanced ceramics market is expected to witness a moderate growth during the forecast period, 2018 - 2023. The market is driven by a number of factors, such as the growing demand from various applications and the increased usage as an alternative to metals and plastics, and also these advanced ceramics are environment-friendly and reliable for use.
Increased Use as an Alternative to Metals and Plastics
Advanced ceramics exhibit a number of exceptional properties like high resistance to bending, melting, stretching, corrosion and wear & tear. Their physical stability, heat resistance, chemical inertness, good electrical properties and suitability to be used in mass products, make them better alternative to metals and plastics. The electro-ceramics find extensive use in electronic substrates and packaging as the dielectric, the piezoelectric, the magnetic, and the optical ceramics. The structural ceramics include the automotive ceramics, aerospace, bio-ceramics, and wear-resistant ceramics. Advanced ceramics can be used in the aerospace sectors, specifically on turbine blades in order to resist the extreme temperature and high-pressure conditions. Considering the above-mentioned properties, the advanced ceramics are one of the best substitutes for metals and plastics.
Growing Demand for Alumina
Alumina is the most widely used advanced ceramic, more than 60% of the advanced ceramics used are in the form of alumina. It offers an extremely good combination of mechanical, electrical, and chemical properties, and has numerous uses. The common applications of alumina are thermocouple tubes, electrical insulators, seal rings, medical devices, grinders, and wear components. Its properties are great strength & stiffness, hardness, wear resistance, thermal stability, corrosion resistance, low dielectric constant, excellent dielectric properties, and excellent chemical resistance.
Major Players: Applied Ceramics Inc., COI Ceramics Inc., Vesuvius, Corning Inc., Kyocera Corp., and Saint-Gobain Ceramic Materials, among others.
Reason to purchase this Report
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Identifying the application that is expected to dominate the market
Countries that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)
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