Technical Ceramics Market – Trends and Forecasts to 2019
Asia-Pacific is the biggest as well as the fastest growing market for technical ceramics, having a significant share of about 39,74 % of the total market in 2013. The market patterns of technical ceramics and its various products are continuously showing an upward trend which is mainly due to the increasing IT and electronics industries. China is the leading country and the fastest growing market in the region and also across the globe closely followed by USA in terms of consumption. Among various major product types of technical ceramics, monolithic ceramics dominates the market with nearly 66,20 % of the total technical ceramics market share in 2013. Ceramic matrix composite is another major product segment and is expected to grow significantly, from 2014 to 2019. Other product types of technical ceramics include ceramic coating which is also expected to grow at a considerable rate in coming years. This study aims to estimate the market of technical ceramics in 2013 in terms of volume and value and project its demand by 2019. This market research study provides a detailed qualitative and quantitative analysis of the technical ceramics market. It provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is further segmented and projected by regions Asia-Pacific, North America, Europe and rest of the world, which are further segmented by key countries in each region. There have been used different secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of technical ceramics. The primary sources that include experts from related industries and suppliers have been interviewed to verify and collect critical information as well as to assess the future prospects of technical ceramics. It also includes the company profiling and competitive strategies adopted by various market players, including CoorsTek, Inc./US, CeramTec GmbH/DE, Kyocera Corporation/JP, Morgan Advanced Materials/GB, Saint-Gobain Ceramic Materials/US and others. This research report categorizes the market for technical ceramics on the basis of materials, products, end-user industry and region along with forecast of revenue and analyzing trends in each of the submarkets. The technical ceramics market is segmented on the basis of materials such as oxides and non-oxides technical ceramics. Furthermore it is segmented into different product types such as monolithic ceramics, ceramic matrix composites, ceramic coatings, and others. Each product type is further described in detail in the report with value forecasts between 2014 and 2019 period. The technical ceramics market is segmented on the basis of end-user industries that include electronics, automotive, energy and power, industrial, medical, military and defense and other end-user industries. The technical ceramics market is segmented by regions Asia-Pacific, North America, Europe, and rest of the world; and they are further segmented by key countries in each region that include China, Japan, South Korea, India, USA, Germany, Great Britain, France, the Netherlands and Brazil.