(MENAFN– GetNews) Explore 259 market data tables and 52 figures in 244 pages about the “Technical Ceramics Market.” This market is driven by the need for high-performance materials in sectors like electronics, automotive, and aerospace. Technical ceramics are valued for their durability and heat resistance, and are crucial for producing components in demanding environments.
The technical ceramics market is expected to grow from $12.2 billion in 2024 to $17.5 billion by 2029, at a CAGR of 7.4%. Demand is fueled by advancements in digital tech and 3D printing. The medical industry also supports this growth due to the materials’ strength and low wear properties.
To meet rising demand, major companies are focusing on growth strategies like mergers and acquisitions. Companies such as Coorstek Inc., Kyocera Corporation, and CeramTec are expanding their market presence through innovations and improved capabilities.
Download PDF Brochure:
Coorstek Inc. manufactures a variety of technical ceramics for sectors like aerospace, medical, and automotive. With over 400 engineered materials, the company aims to provide customized solutions globally.
CeramTec supplies technical ceramics for medical and industrial applications, operating 16 factories worldwide and offering a large product range.
Kyocera Corporation produces advanced materials and components for various industries, running 293 group companies across the globe.
Get Sample Copy of this Report:
Morgan Advanced Materials specializes in technical ceramics and serves diverse sectors like aerospace and automotive from its 18 global manufacturing sites.
Saint-Gobain Performance Ceramics offers engineered ceramic solutions for extreme conditions and operates across several regions.
Non-oxide ceramics are expected to grow significantly, offering advantages in many high-performance applications.
The automotive industry is expected to be the second-fastest growing segment for technical ceramics.
In vehicles, technical ceramics enhance performance and efficiency, contributing to lighter and more durable parts.
South America is projected to be a rapidly growing market, driven by construction and industrial sectors.
About MarketsandMarkets
MarketsandMarkets is recognized as one of America’s top management consulting firms by Forbes. We support B2B clients in capitalizing on emerging market opportunities, utilizing AI-powered market intelligence and expert insights.
`
