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Advanced Ceramics Market

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<strong>Advanced</strong> <strong>Ceramics</strong> <strong>Market</strong>: In-depth market<br />

segmentation by 2020<br />

December 2016<br />

Report Id : REP-GB-300<br />

Status : Ongoing<br />

Category : Chemicals and Materials<br />

©2015 Future <strong>Market</strong> Insights, All Rights Reserved


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Research Methodology (1/2)<br />

Systematic Research Approach<br />

<strong>Market</strong> profiling<br />

Formulating discussion guide<br />

Developing list of respondents<br />

Data collection<br />

Data validation<br />

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In-depth secondary research is used to<br />

ascertain overall market size, top<br />

industry players, top products, industry<br />

associations, etc.<br />

PMR formulates a detailed discussion<br />

guide to conduct expert and industry<br />

interviews<br />

PMR develops a list of industry players<br />

(manufacturers), distributors, retailers<br />

and industry experts<br />

PMR conducts interviews with industry<br />

experts, industry players, distributors<br />

and retailers<br />

Data is validated by triangulation<br />

method, wherein secondary, primary<br />

and PMR analysis contribute to the final<br />

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Collection<br />

Data Filter<br />

& Analysis<br />

Identifying key opinion leaders<br />

Questionnaire design<br />

In-depth interviews<br />

Coverage across value chain<br />

<strong>Market</strong> participants<br />

Key strengths<br />

Product portfolio<br />

Mapping as per value chain<br />

Key focus segments<br />

A<br />

Primary<br />

Research<br />

C<br />

Company<br />

Analysis<br />

Research &<br />

Intelligence<br />

SOLUTION<br />

Actionable<br />

Insights<br />

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Desk<br />

Research<br />

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Business<br />

Solution<br />

Key industry experts<br />

Channel study<br />

Developments<br />

<strong>Market</strong> dynamics<br />

Products<br />

Conclusions<br />

Data analysis<br />

6<br />

Data is scrutinized using MS-Excel to<br />

obtain qualitative and quantitative<br />

insights about the industry<br />

Primary Research #<br />

Secondary Research #<br />

Paid Publications#<br />

Insights<br />

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Company websites<br />

Company annual<br />

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<strong>Advanced</strong> <strong>Ceramics</strong> <strong>Market</strong><br />

<strong>Advanced</strong> ceramics are manufactured to cater the requirements of several industries that depend on the<br />

unique properties of technical ceramics such as electronics and aerospace. <strong>Advanced</strong> ceramics are<br />

developed to overcome the limitations of the traditional ceramics as well as to develop value added<br />

properties. <strong>Advanced</strong> ceramics exhibit properties such as corrosion resistance, high temperature stability<br />

and toughness which are required for wide range of applications such as energy efficiency, ballistics<br />

protection, environmental protection, performance and lifetime operating cost.<br />

<strong>Advanced</strong> ceramics, the product of the advanced ceramics market are widely used for military<br />

applications however; the advanced ceramics market faces many challenges such as component cost,<br />

consistent material properties, environmental impact and collection of long term data in finding<br />

applications in broader military and commercial use. However, extensive research is being carried out by<br />

leading companies for finding new applications for advanced ceramics market. With the advent of new<br />

application the advanced ceramics market will witness further growth.<br />

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Majority of the advanced ceramics manufactured in the advanced ceramics market are consumed for<br />

electronic applications and they are called as electroceramics. Electroceramics accounted for more than<br />

three fourth of the total advanced ceramics manufactured in the advanced ceramics market. Growing<br />

electronics market has led to the use of alternative materials, one of which is advanced ceramics, thus<br />

increasing the demand from the advanced ceramic market. Thus, the developing electronic market is<br />

expected to boost the growth of the overall advanced ceramics market. Medical products are significant<br />

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<strong>Advanced</strong> <strong>Ceramics</strong> <strong>Market</strong><br />

consumers of advanced ceramics market due to its increasing use in manufacturing joint implants and indental<br />

procedures. Medical products market is expected to be the fastest growing consumer of advanced<br />

ceramics market over the next few years. The growing demand for high pressure and high temperature<br />

environment has further augmented the growth of the advanced ceramics market as advanced ceramics<br />

are known to offer greater wear resistance and compressive strength just as the metals can provide.<br />

Overall the increase in demand of the electronics coupled with growing demand for high temperature<br />

environment will augment the demand for the advanced ceramics market.<br />

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Companies such as Kyocera Corp, Murata Manufacturing Co. Ltd, Corning Inc., Coors Tek, Morgan<br />

<strong>Advanced</strong> Materials, Ceram Tec. and Ceradyne Inc. are the key participants of advanced ceramics market.<br />

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