Advanced ceramics are defined as non-metallic inorganic solid materials that possess qualities such as corrosion resistance, low thermal expansion, high-temperature stability, and lightness of weight. They also possess electrical properties ranging from non-conductive to highly conductive. These highly diverse properties make advanced ceramics a preferred choice of materials for various applications in industries such as electrical & electronics, transportation, medical, defense & security, environmental, and chemical. The electrical and electronics industry in 2016 has a high demand for advanced ceramics in the electronics industry across the globe
Key factors driving the advanced ceramics market include ecofriendly properties of materials and rising in usage of advanced ceramics to replace conventional metals. Demand for advanced ceramics is expected to increase due to the rise in demand for ceramics in the medical industry. This is encouraging companies to expand the production of advanced ceramics. Additionally, the availability of raw materials is anticipated to boost the demand for advanced ceramics in the near future.
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The global advanced ceramics market is witnessing technological advancements. Companies are constantly striving to develop new and better advanced ceramics. Development of new manufacturing processes and applications of advanced ceramics. However, high cost of these materials vis-à-vis other materials such as metals is expected to hamper the global advanced ceramics market.
Based on material, the advanced ceramics market can be classified as alumina ceramics, titanate ceramics, zirconia ceramics, silicon carbides, and others (including aluminum nitride, silicon nitride, pyrolytic boron nitride, and magnesium silicates). Alumina ceramic is a commonly used advanced ceramic material due to its excellent physical properties. These ceramics are employed in end-use industries such as transportation, chemical, electrical & electronics, and medical.
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Prominent players operating in the global advanced ceramics market include Kyocera Corporation, CeramTec GmbH, CoorsTek, Inc., Saint-Gobain Ceramic & Plastics, Inc., and Morgan Advanced Materials Plc.