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Market Overview of Global Engineering Ceramics market:
According to our latest research, the global Engineering Ceramics market looks promising in the next 5 years. As of 2022, the global Engineering Ceramics market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
A ceramic is a solid material comprising an inorganic compound of metal, non-metal or metalloid atoms primarily held in ionic and covalent bonds. Engineering Ceramics has high hardness, high strength, high temperature resistance (refractory), abrasion resistance, corrosion resistance, resistance Excellent performance such as acid and alkali, oxidation resistance, insulation, non-magnetic, and good chemical stability.
High Sales cost
Engineering ceramics generally have high shear stress resistance, extremely low tensile strength, large elastic modulus, and high brittleness, which make the processing cost high, the efficiency low, and the processing quality not ideal. At the same time, the cost of processing equipment also limits Sales.
High-tech research and development costs
The scope of research in ceramic engineering includes the purification of raw materials, the research and Sales of the required chemical components, and the study of the structure, composition, and properties of the products. At the same time, the structure is subtle, the composition of the composite and the integration of structural functions are the development direction of ceramic engineering research. If participants expect to have an advantage in the international market, a large amount of R&D spending is essential.
Continuous research and innovation
Ceramic materials have the characteristics of wear resistance, corrosion resistance, high-temperature resistance, oxidation resistance, thermal shock resistance, and low specific gravity which are difficult to compare with general metal materials. It can withstand the harsh working environment that metal or polymer materials are difficult to handle, and has broad application prospects. It has become a key basic material supporting the 21st century pillar industry after metal materials and polymer materials and has become one of the most active research fields. Today, all countries in the world attach great importance to its research and development.
Lasers enable engineers to weld ceramics, no furnace required
Smartphones that don't scratch or shatter. Metal-free pacemakers. Electronics for space and other harsh environments. These could all be made possible thanks to a new ceramic welding technology. The process works in ambient conditions and uses less than 50 watts of laser power, making it more practical than current ceramic welding methods that require heating the parts in a furnace.
Company Overview:
Corning is one of the major players operating in the Engineering Ceramics market, holding a share of 21.36% in 2023.
Corning
Corning is one of the world's leading innovators in materials science, providing services in the fields of glass science, ceramic science and optical physics.
CoorsTek
CoorsTek, Inc. is a privately-owned manufacturer of technical ceramics for aerospace, automotive, chemical, electronics, medical, metallurgical, oil and gas, semiconductor and many other industries.
Segmentation Overview:
Among different product types, Oxidic Engineering Ceramics segment is anticipated to contribute the largest market share in 2028.
Oxidic Engineering Ceramics
Oxidic Engineering Ceramics
It usually has a higher melting temperature and is very stable in an oxidizing atmosphere. Higher mechanical strength, electrical insulation properties and chemical stability. In addition to cerium oxide ceramics, its thermal conductivity is low. Ultrafine powder ingredients are usually used and a small amount of sintering accelerator and modifying additive are added.
Non-oxidic Engineering Ceramics
Non-oxide-based ceramics are distinguished from oxide ceramics and are a general term for ceramics such as metal carbides, borides, nitrides, and silicide. Common non-oxide ceramics are silicon carbide, silicon nitride, aluminum nitride, etc.
Mixed Engineering Ceramics
Oxide hybrid ceramics or dispersion ceramics are developments or mixtures of different basic ceramic material types designed to enhance and optimize specific properties.
Application Overview:
By application, the Mechanical Application segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Engineering Ceramics market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Engineering Ceramics Market Report:
Market Size Estimates: Engineering Ceramics market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Engineering Ceramics market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Engineering Ceramics market
Segment Market Analysis: Engineering Ceramics market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Engineering Ceramics market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Engineering Ceramics Market: Revenue and sales volume of major countries in each region
Engineering Ceramics Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Engineering Ceramics market in major regions.
Engineering Ceramics Industry Value Chain: Engineering Ceramics market raw materials & suppliers, manufacturing process, distributors, downstream customers
Engineering Ceramics Industry News, Policies & Regulations
Key players in the global Engineering Ceramics market are covered in Chapter 12:
Vesuvius
NGK Insulators
Corning
McDanel Advanced Ceramic
3M
CeramTec
CoorsTek
In Chapter 2 and Chapter 15.1, based on types, the Engineering Ceramics market from 2018 to 2028 is primarily split into:
Oxidic Engineering Ceramics
Non-oxidic Engineering Ceramics
Mixed Engineering Ceramics
In Chapter 3 and Chapter 15.2, based on applications, the Engineering Ceramics market from 2018 to 2028 covers:
Medical Application
Environmental Application
Mechanical Application
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Engineering Ceramics market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028