Los Angeles, CA -- (SBWire) -- 02/06/2019 --Technical ceramics refers to advanced ceramics, the raw materials, workmanship, different from the traditional ceramics, usually with high purity, ultra-fine raw materials, through composition and structural design and the use of precise stoichiometry and new preparation techniques made excellent properties of ceramic materials. The market scale of technical ceramics is related to downstream demand and global economy.
Although there will always be some uncertainties in the global economy in the following years, the growth rate of technical ceramics market will maintain, as technical ceramics is quite a high-tech materials necessary for many industries. The global technical ceramics industry markets mainly concentrate in Japan, North America and EU. And the market is supplied by a combination of large multinational firms. The leading global firms include Coorstek, NGK, Kyocera Corporation, 3M and others.
These companies tend to compete against each other globally to supply most of the largest technical ceramics markets. In many markets, these leading global firms also face competition from local players. The global market of technical ceramics has mainly been driven by its downstream industry, the strong growth of the automotive, electrical & electronics, mecidal and other industrial field in the last decade. Economic investment and national policies are also the main growth catalysts for the market.
The global Technical Ceramics market is valued at 7650 million US$ in 2018 is expected to reach 11400 million US$ by the end of 2025, growing at a CAGR of 5.1% during 2019-2025. This report focuses on Technical Ceramics volume and value at global level, regional level and company level. From a global perspective, this report represents overall Technical Ceramics market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Coorstek
NGK
3M
Kyocera Corporation
Ceramtec
Morgan
H.C. Starck
Rauschert Steinbach
Mcdanel Advanced Ceramic
Segment by Regions
North America
Europe
China
Japan
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Segment by Type
Electronic Technical Ceramics
Wear-resistant Technical Ceramics
High Temperature Technical Ceramics
Segment by Application
Electrical & Electronics
Automotive
Machinery
Medical
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Technical Ceramics Market Is Anticipated to Grow at a Cagr of 5.1% During 2019-2025 - Qyr
Technical Ceramics Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.