IMARC Group’s latest research report, titled “Automotive Ceramics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global automotive ceramics market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global automotive ceramics market reached a value of US$ 2.37 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.32 Billion by 2027, exhibiting a CAGR of 5.60% during 2022-2027. Automotive ceramics represent the hard materials used for producing several automotive components, including superchargers, valve systems, knock sensors, actuators, oxygen, fluid levels, fuel level sensors, etc. They are generally manufactured using alumina, titanate, and zirconia oxide and provide an extra layer of protection to the vehicle and shield against ultraviolet (UV) rays, scratches, chemical contaminants, etc. Automotive ceramic products are durable, lightweight, safe, and exhibit excellent corrosion resistance and wear properties. Consequently, they are extensively used in spark plug insulators, catalysts, and catalyst supports for emission control devices in passenger cars and commercial vehicles.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by component, material and application.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Automotive Ceramics Market
- Strategies of major players and product offerings
The inflating need for fuel-efficient vehicles is primarily driving the automotive ceramics market. Additionally, the increasing adoption of lightweight components, owing to their cost-effectiveness, fuel efficiency, enhanced performance, etc., is further catalyzing the market growth. Besides this, the growing utilization of electric vehicles (EVs), which consist of electronic ceramic components and sensors for smart traffic management and run systems, is acting as another significant growth-inducing factor. Moreover, numerous other factors, such as the implementation of various stringent regulations by government bodies across countries for emission control and reducing greenhouse gasses, are also positively influencing the global market. Apart from this, the introduction of high-tech glass product variants that exhibit high technical strength and are virtually impervious to electricity as well as heat is anticipated to fuel the automotive ceramics market over the forecasted period.
Key Players Included in Global Automotive Ceramics Market Research Report:
- Almatis GmbH
- CeramTec GmbH
- Compagnie de Saint-Gobain S.A.
- CoorsTek Inc.
- Corning Incorporated
- Elan Technology
- Ibiden Co. Ltd.
- International Syalons (Newcastle) Limited
- Kyocera Corporation
- Morgan Advanced Materials
- NGK Spark Plug Co. Ltd.
- Noritake Co. Limited.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Component:
- Automotive Engine Parts
- Automotive Exhaust Systems
- Automotive Electronics
Breakup by Material:
- Alumina Oxide
- Titanate Oxide
- Zirconia Oxide
Breakup by Application:
- Passenger Vehicle
- Commercial Vehicle
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Research Automotive Ceramics Market Report:
- Scope and Methodology
- Executive Summary
- Global Automotive Ceramics Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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