Advanced Ceramics Market 2018 Top Companies, Pricing Trends, Growth Factors, Global Industry Shares, Driving Factor Analysis and Competition Status 2023
Pune, India -- (SBWire) -- 12/26/2018 --Industry/Innovation/Related News:
August 18, 2018 – Ackuretta Technologies Pvt. Ltd. (Taiwan), a leading global manufacturer of high-precision, prosumer grade digital light processing 3D printers announced the launch of a new ceramic resin to create ceramic 3D prints which require high-resolution detail. The addition to Ackuretta's Qura resin line and the new contender in the ceramic resin market, the pioneering material provides a unique, accessible solution for ceramic parts.
August 18, 2018 – Researchers at the City University of Hong Kong published their study of a ground-breaking advancement in materials they have successfully developed. Claimed as to be the world's first-ever 4D printing for ceramics, the new advanced ceramic is mechanically robust and can mend in to complex shapes. The invention will turn a new page in the structural application of ceramics.
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Global Advanced Ceramics Market – Segments
The MRFR analysis is segmented into four key dynamics;
By Product Types: Ceramic Matrix Composites, Monolithic Ceramics, and Ceramic Coatings among others.
By Materials: Alumina Ceramics, Titanate Ceramics, Ferrite Ceramics, and Zirconate Ceramics among others.
By End-Users: Machinery, Electricals & Electronics, Automotive, pharmaceuticals, and Military & Defense, among others.
By Regions: North America, Europe, APAC and the Rest-of-the-World (RoW).
Synopsis of Advanced Ceramics Market
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.
The growing demand for Advanced Ceramics at the end user industries is the primary factor driving the market growth during the forecast years. Moreover, the growing automotive and electrical & electronic industry in the developing regions are expected to contribute to the growth of the Advanced Ceramics Market substantially. In addition to this, the viable replacement of metal and plastics with Advanced Ceramics in the automobile sector among others is also expected to contribute to the growth of the market.
Among the various end-user segments in advanced ceramics market, the electrical & electronic is the leading segment of the market and is anticipated to continue its dominance over the forecast period. Applications of advanced ceramics are increasing in insulating, semiconducting and superconducting, magnetic, and piezoelectric.
Advanced Ceramics also find its application in the burgeoning semiconductor industry where these ceramics protect semiconductors against the heat, chemical abrasion, and corrosion while providing enhanced thermal conductivity during the extreme manufacturing process.
On the other hand, high costs associated with Advanced Ceramic is expected to impede the market growth, restricting its uses and encouraging the development of similar, low-cost product. However, increasing sales of advanced ceramics are supposed to define the market landscape.
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