Ready Yourself for Challenges in the Time of COVID-19. Here’s What Stakeholders Need to Know About the Evolving Global Automotive Ceramics Market
The global market for Automotive Ceramics is projected to reach US$1.8 billion by 2025, driven by the rise of new materials gaining ground in automobile manufacturing.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Automotive Ceramics market. Report segmentation includes Type (Functional Ceramics, and Structural Ceramics); Material (Alumina Oxide Ceramic, Titanate Oxide Ceramic, Zirconia Oxide Ceramic, and Other Materials); and Application (Automotive Engine Parts, Automotive Exhaust Systems, Automotive Electronics, and Other Applications) ).
10 June 5:58 A.M., California/Marketwire/ - According to the new market research report, the global market for Automotive Ceramics is projected to reach US$1.8 billion by 2025, driven by the rise of new materials gaining ground in automobile manufacturing. Automotive materials are today in the technology spotlight as OEMs face intense pressure to build cars that are sophisticated, smart, powerful, lightweight, energy/fuel efficient, and viable for end of life recycling. The scenario brings innovative materials to the forefront of engineering and design to help achieve these dueling design and performance requirements. Ceramic materials especially feature a unique combination of physical and mechanical properties such as high hardness, high elastic modulus, low density, sufficient flexure, and good compressive strength.
The pressure on innovation in material development is additionally amplified as autonomous cars and electric cars inch closer to reality. Adoption of advanced manufacturing technologies like additive manufacturing, also known as, 3D manufacturing, is pushing up demand for newer and compatible materials. The rise of ceramic 3D printing will help boost opportunities for ceramics over the long-term period. As 3D printing of ceramics gains adoption in myriad manufacturing industries, automotive applications will witness a spurt in growth. Few of the innovative technologies for 3D printing of ceramics include light-curing technologies such as SLA and DLP, Binder Jetting, Deposition of Material (LDM) Liquid Deposition Modeling) and Nano Particle Jetting. Currently, Ceramic Injection Molding (CIM) technology is widely used to mass produce precision ceramic components with complex geometries. Ceramics are suited for manufacturing miniaturized mechanical components and parts with utmost precision. As ceramics possess strong ionic and/or covalent bonding stronger than metallic bonding, they are used for joining and bonding applications and fixturing such as bolts and screw threads. Several technologies are being developed to join ceramics to ceramics and ceramics to other dissimilar materials. Ceramic matrix composites (CMC) will also grow in popularity and will increasingly be used in fuel injectors, sensors, high pressure pump, particulate filters, spark & glow plugs, PTC heaters etc.
Ceramics are also being used as reinforcement for composite systems such as GRP (glass reinforced plastics) and metal matrix composites such as alumina reinforced aluminum (Al/Al 2O3). The rise of connected cars will drive the value of ceramic sensors in tire pressure monitoring, parking assistance, air bag initiation, knock sensors, and mass airflow sensors. Growing vehicle complexity, focus on peak engine performance, and longer component lifespans will spur R&D in advanced ceramic engineering.
Key Competitors Covered in the Report
Dyson Technical Ceramic Ltd.
IBIDEN CO., Ltd.
McDanel Advanced Ceramic Technologies LLC
Morgan Advanced Materials Plc
NGK Insulators Ltd.
Saint Gobain Performance Ceramics and Refractories
Geographies Analyzed in the Report
Europe (France, Germany, Italy, United Kingdom, Spain, Russia, and Rest of Europe)
Asia-Pacific (Australia, India, South Korea, and Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Mexico, and Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, United Arab Emirates, and Rest of Middle East)
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 1429. Among this pool, 257 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 57 unique participations, a total of 26 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
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Global Industry Analysts, Inc.