Pune, India -- (SBWIRE) -- 12/26/2018 -- Advanced Ceramics Market Key Players:
Advanced Ceramics Market are: Kyocera Corporation (Japan), CeramTec GmbH (Germany), CoorsTek Inc. (U.S.), Saint-Gobain Ceramic Materials (U.S.), Morgan Advanced Materials Plc (U.K.), 3M Company (U.S.), Rauschert Steinbach GmbH (Germany), Dyson Advanced ceramics Limited (U.K), Superior Advanced Ceramics (U.S.), and NGK Spark Plug Co., Ltd. (Japan) among others.

Advanced Ceramics Market Overview:
Advanced Ceramics are a particular class of ceramics that exhibit enhanced properties. These ceramics are mainly produced to overcome the disadvantages of normal ceramics and to cater growing requirements of various end-use industries. Advance ceramics possess advanced properties such as corrosion resistance, toughness, high tensile strength, thermal stability, and ballistic protection among others.

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Advanced Ceramics Market Segmental Analysis:
Advanced Ceramics Market is segmented into product type, material, and end-user. On the basis of the product type, the market is classified into monolithic ceramics, ceramic matrix composites, ceramic coatings and others. Th market by the material is segregated into advanced alumina ceramics; titanite advanced ceramics, zirconated advanced ceramics, advanced ferrite ceramics, and others. Based on the end, user industry is further categorized into electrical & electronics, machinery, pharmaceuticals, military & defence, automotive and others.

Advanced Ceramics Market Regional Analysis:
Advanced Ceramics Market is segmented into five regions: North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Among these, Asia Pacific is expected to be the fastest growing region with an encouraging CAGR. Growing population and the increasing per capita disposable income are primarily driving the growth of the advanced ceramics market. Moreover, increasing demand for advanced ceramics in the automobile and electronics industry, mainly in countries such as India, China, and Japan, is propelling the market growth. Furthermore, factor such as competitive manufacturing cost, encouraging government regulations are other factors contributing to the growth of the market of this region. Additionally, the growing defence budget coupled with increasing application of advanced ceramics in modern Armor is also surging the market growth.

North America is another dominant region in the global market, which grows at a rapid CAGR. The presence of automobile companies such as Ford, General Motors, and Fiat Chrysler has augmented the overall demand for advanced ceramics from the automobile industry. Furthermore, developed end-user industries such as pharmaceutical and electrical and electronics coupled with the increasing adoption rate are other factors adding to the growth of the market. Canada and U.S. are the major countries attributing to the growth of the market.

Advanced Ceramics Market Competitive Analysis:
Advanced ceramics market is moderately consolidated and is largely driven by product innovation and technological up gradation. Companies such as Ceram Tec focus on developing application specific products and solution to cater to the intricate requirements of various application fields.

Advanced Ceramics Market Table of Content to be Continue…,

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