Chemicals & Material // Ceramics & Glass
The global Advanced
Ceramics market is foreseen to grow by 6.2%, from USD 10.13 Billion in 2022 to
USD 16.39 Billion in 2030. High growth of end-use industries and
high-performance properties of advanced ceramics, rising demand from medical
and electronics sectors is to drive the market for the upcoming forecast
period. However, costlier than metal and alloy counterparts remains one factor
hindering the market growth over the anticipated period.
What is Advanced Ceramics?
Advanced ceramics, also known as engineering ceramics, are a class of materials with exceptional properties that make them highly valuable in numerous industrial applications. They are highly resistant to heat, wear, and corrosion, making them ideal for use in harsh environments. Advanced ceramics can be classified based on their composition, which can include oxides, carbides, nitrides, and borides. The properties of advanced ceramics depend on their chemical composition, crystal structure, and processing conditions.
Applications of Advanced Ceramics
Advanced ceramics have a wide range of applications across various industries, including aerospace, defense, automotive, electronics, healthcare, and energy. In the aerospace and defense industries, advanced ceramics are used for applications that require high strength, wear resistance, and temperature stability. Examples include heat shields, turbine blades, and missile nose cones.
In the automotive industry, advanced ceramics are used for engine components, brakes, and exhaust systems. These applications require materials with high wear resistance, high strength, and high temperature stability. In the electronics industry, advanced ceramics are used for electronic components, such as capacitors and semiconductors. In healthcare, advanced ceramics are used for dental implants, joint replacements, and bone grafts. These applications require materials with high biocompatibility, corrosion resistance, and wear resistance.
Properties of Advanced Ceramics
Advanced ceramics exhibit excellent properties that make them highly desirable for various industrial applications. They have high strength and hardness, which makes them highly resistant to wear and deformation. They are also highly resistant to heat and can withstand temperatures up to 2000°C. Additionally, advanced ceramics have high electrical and thermal conductivity, making them ideal for electronic and energy applications.
Future Prospects of Advanced Ceramics
The demand for advanced ceramics is expected to increase in the coming years due to their unique properties and the growing demand for high-performance materials. The global advanced ceramics market is expected to grow at a CAGR of 8.2% from 2021 to 2028. This growth can be attributed to the increasing demand for advanced ceramics in various industries, including aerospace, defense, automotive, and electronics.
Innovations in advanced ceramics are expected to lead to the development of new materials with improved properties and performance. For instance, researchers are exploring the use of advanced ceramics in additive manufacturing and 3D printing, which can lead to the production of complex and customized parts. Additionally, the development of advanced ceramics with enhanced biocompatibility can lead to new applications in healthcare.
Advanced ceramics are an essential class of materials with exceptional properties that make them highly valuable in various industrial applications. They exhibit high strength, wear resistance, and temperature stability, making them ideal for use in harsh environments. The increasing demand for high-performance materials is expected to drive the growth of the advanced ceramics market in the coming years. Innovations in advanced ceramics are also expected to lead to the development of new materials with enhanced properties and performance, opening up new applications and markets.
Advanced ceramics have a broad range of applications in various industries. One of the main sectors where these ceramics are used is the electrical and electronics industry, where they are utilized in the production of electronic components such as capacitors, integrated circuit packages, insulators, transistor dielectrics, and other equipment. Additionally, advanced ceramics are used in the manufacturing of diesel engine cam rollers, spark plugs, clutches, and other related components.
The Covid-19 pandemic had a significant impact on several industries, including the electrical and electronics and medical devices industries. The unavailability of raw materials, logistics slowdown, and reduced workforce led to the disruption of the manufacturing and fabrication of electronics parts and components. However, the demand for medical devices such as ventilators, patient care systems, thermal scanners, and related equipment surged during the pandemic. Ventilators, in particular, became a critical device, requiring a quick supply of raw materials like plastics, adhesives, and elastomers, timely logistic support, and regulatory approvals.
Despite the challenges posed by the pandemic, the demand for advanced ceramics in the electrical and electronics industry is expected to grow in the coming years. The increasing need for high-performance electronics components, such as capacitors and insulators, is one of the significant factors contributing to the growth of the advanced ceramics market in this industry. Moreover, the rising demand for electric vehicles and renewable energy systems is also expected to drive the demand for advanced ceramics in the electrical and electronics industry.
In the medical devices industry, the use of advanced ceramics is expected to increase due to the growing demand for high-performance and reliable medical devices. The increasing prevalence of chronic diseases and the need for efficient diagnostic and treatment systems are expected to drive the demand for advanced ceramics in this industry. Additionally, the increasing trend of personalized medicine and minimally invasive procedures is expected to further fuel the demand for advanced ceramics in the medical devices industry.
In conclusion, advanced ceramics have become an essential material for various industries, including electrical and electronics and medical devices. While the Covid-19 pandemic posed some challenges to these industries, the demand for advanced ceramics is expected to continue to grow in the future, driven by the need for high-performance and reliable devices.
Advanced ceramics Market Dynamics
The advanced ceramics market is driven by the high growth of end-use industries due to the superior properties of advanced ceramics. Compared to other materials such as aluminum and steel, advanced ceramics offer better corrosion resistance, resulting in lower maintenance and cost reduction for various industries such as military & defense, aerospace, automotive, electronics, and energy & power. Moreover, advanced ceramics have lower thermal expansion than conventional alloys and metals, making them suitable for use in components subjected to high temperatures and varying environments.
However, the higher cost of advanced ceramics compared to their metal and alloy counterparts is a major restraint to the market's growth. The production of alumina and silicon carbide fibers used in controlling the prices of advanced ceramics is low, leading to a rise in prices. The generation of the matrix is another factor responsible for the high prices of advanced ceramics. As a result, the high cost is limiting the wider adoption of advanced ceramics in various industries.
The increasing use of advanced ceramics in the aerospace and defense industries presents a significant opportunity for manufacturers. The low weight of composite materials is a crucial parameter in these industries, leading to a growing demand for lightweight armors and engine components. Several companies in Europe and the US are striving to produce fuel-efficient aircraft, which is expected to drive the demand for more advanced ceramic components in new aircraft engines. Additionally, defense equipment manufacturers are focusing on developing lightweight and high fracture toughness armors using advanced ceramics.
However, one of the major challenges faced by the advanced ceramics market is the lack of awareness and confidence among customers in newer applications. While advanced ceramics are preferred for high-end aerospace and defense components and armors, their high price makes them less attractive for low-cost applications such as component manufacturing in the electronics industry. As a result, the acceptance of advanced ceramics in newer applications remains limited.
During the forecast period of 2023-2030, Zirconia Ceramics is predicted to be the second-fastest growing material in the advanced ceramics market. This is due to its exceptional properties, such as high resistance to crack propagation, excellent strength, high fracture toughness, and high thermal expansion. These attributes contribute to an increase in product lifespan, reduce overall maintenance costs, and improve performance and efficiency.
The market for ceramic matrix components is also expected to rise due to their low density, hardness, creep resistance, and superior thermal and chemical resistance. As a result, various end-use industries including transportation, aerospace, energy and power, medical, electrical and electronics, defense, and marine can benefit from the unique characteristics of ceramic matrix components.
In terms of value, the medical industry is estimated to be the third-largest end-use industry for advanced ceramics in 2022. Advanced ceramics possess numerous desirable qualities, including biocompatibility, wear and chemical resistance, high compressive strength, low friction coefficient, and non-toxicity. These attributes make them suitable for use in orthopedic and dental implants within the medical industry. While the Covid-19 pandemic had a significant impact on the electrical and electronics and medical devices industries, the demand for advanced ceramics in the latter surged due to the need for ventilators and other medical equipment.
During the forecast period of 2023-2030, South America is expected to be the second-fastest-growing region in the advanced ceramics market. The market growth in this region is fueled by the rapid industrialization and an increasing urban population. Additionally, the growth of the electrical & electronics and transportation industries is also expected to drive the consumption of advanced ceramics in the region. However, the COVID-19 pandemic has had a significant impact on global industries such as healthcare and electrical & electronics. The pandemic has resulted in a rise in demand for personal protective equipment (PPE) kits, gloves, and other COVID-19 essentials, leading to an expansion of medical infrastructure. Conversely, the manufacturing and fabrication facilities of electronics parts and components have been negatively impacted by the pandemic due to nationwide lockdowns, unavailability of raw materials, and reduced workforce.
For the purpose of this report, the global Advanced Ceramics market segmented on the basis of material type, application, end use, and region:
Material Type Outlook:
On the basis of material type, the market is segmented into alumina ceramics, titanate ceramics, zirconia ceramics, silicon carbide ceramics, others.
On the basis of application, the market is segmented into monolithic ceramics, ceramic coatings, ceramic matrix composites, ceramic filters, others.
End use Outlook:
On the basis of end-use, the market is segmented into electrical & electronics, transportation, medical, defence & security, environmental, chemical, others.
Figure 1 Advanced Ceramics Market By End use (Market Size And Forecast By Value - USD Million, 2022 & 2030)