The US advanced ceramics market is projected to grow at a CAGR of 5.4% during the forecast period. The key factors that drive the growth of the market include the increased demand for advanced ceramics for a variety of end-user industries. For instance, the US aerospace industry is considered as one of the largest industries as per the International Trade Administration (ITA). It contributes a major part to the US economy. The advanced ceramics are widely used in the manufacturing of the engine parts and other aerospace components. Similarly, these are also used in automobiles manufacturing owing to their properties. Thus, the increasing demand for lightweight materials in the overall transport industry and their performance capability at high temperatures are positively influencing the market growth in the country over the forecast period.
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The US advanced ceramics market is segmented on the basis of class type and end-user industry. Based on the class type, the market is segmented into monolithic ceramics, ceramic matrix composites, and ceramic coatings. Monolithic is estimated to hold a prominent share in the market and is estimated to continue this trend over the forecast period. However, the ceramic matrix composites segment is projected to exhibit significant growth during the forecast period. Based on the end-user industry, the market is segmented into electrical & electronics, automotive, healthcare, defense & security, and others.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
US Advanced Ceramics Market by Class Type
- Monolithic Ceramics
- Ceramic Matrix Composites
- Ceramic Coatings
US Advanced Ceramics Market by End-User Industry
- Electrical & Electronics
- Automotive
- Healthcare
- Defense & Security
- Others
Company Profiles
- 3M Co. (Ceradyne, Inc.)
- Overview
- 3M Co. in Advanced Ceramics Landscape
- Recent Developments
- Applied Ceramics Inc.
- Blasch Precision Ceramics, Inc.
- CeramTec GmbH
- COI Ceramics Inc.
- CoorsTek Inc.
- General Electric Co.
- Kyocera Corp.
- Materion Corp.
- Momentive Performance Materials Inc.
The Report covers:
- Comprehensive research methodology of the US advanced ceramics market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US advanced ceramics market.
- Insights about market determinants which are stimulating the US advanced ceramics market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
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