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Advanced ceramics market place is fragmented with the stronghold of mid- and small-sized as well as emerging market players. While leading players are engaged in the expansion of advanced ceramics production capacities, they account for a smaller bulk of the advanced ceramics market revenue. A significant demand for advanced ceramics used in niche applications of electronics, automotive, industrial and metallurgy is met through the supply from small-sized local players. Mid-sized players also cater to the demand generation from critical industries such as medical, aerospace & defense and transportation. Collectively, small-and mid-sized players hold nearly 80-85% of the global market share.
Some notable developments in advanced ceramics market have been listed below.
- In May 2018, GE Aviation opened a new factory at Alabama with the investments reaching US$ 200 million. The facility is the U.S.’s only unique location that produce ceramic matrix composites (CMCs) component manufacturing to be used in the hottest portions of jet propulsion.
- GE Aviation also achieved manufacturing of 30 thousand 3D printed fuel nozzle tips in October same year.
- In October 2018, Roll Royce announced the successful integration of 3D printed components made from CMCs in the Advance3 demonstrator engine to be marketed in 2025.
- In November 2018, Safran opened a CMC research center in Bordeaux to accelerate the development of the material through world-class and state-of-the-art equipment.
The report provides a comprehensive profiling of other market players. Key players operating in the advanced ceramics market include Kyocera Corporation, Ceramtec GmbH, Coorstek Inc., Morgan Advanced Materials PLC, Mcdanel Advanced Ceramic Technologies LLC, Rauschert Steinbach GmbH, 3M Company, DowDuPont Inc., Elan Technology, General Electric Company, CUMI, Nishimura Advanced Ceramics, and Toto Ltd.
Advanced Ceramics Market – Segmentation
The advanced ceramics market is thoroughly studied for the demand trends and other forecast factors impacting the market growth. The advanced ceramics market segmented based on application, by ceramic class and ceramic types. Study of individual segments carries exhaustive analysis of all the sub-segments. The advanced ceramics market analysis also includes regional analysis of North America, Latin America, Europe, Japan, APEJ and MEA.
Advanced Ceramics Market – Research Methodology
In the section of research methodology, a robust methodology of research followed during the course of advanced ceramics market study is mentioned in detail. The research methodology used during advanced ceramics market analysis includes primary and secondary research approaches. The research methodology section also talks about resources used to carry out primary and secondary research approaches. Information of resources enables users to thoroughly fathom the credibility of the market research data provided in advanced ceramics market report.
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