Market Insights

The automotive ceramics market was estimated at USD 2.18 billion in 2022 and is likely to grow at a CAGR of 5.36% during 2023-2028 to reach USD 3 billion in 2028.

What are automotive ceramics?

Automotive ceramics are ceramic materials that are further processed to be used in automobiles. Ceramic has higher ion conductivity and hence can be used for fuel cells for automotive.

Automotive ceramics are available in different types such as alumina oxide, titanate oxide, zirconia oxide, and others. Some of the common places where the component is used are engine parts, exhaust systems, automotive electronics, and others.

Market Dynamics

The growth of the automotive ceramics market is primarily driven by-

  • Growing Automobile fleet.
  • Rising use of ceramic materials – Materials like glow plugs, electronic fuel pumps, sealing and insulation rings, spark plugs, valves, etc., are made of ceramic materials as these materials possess properties like high-temperature resistance, corrosion resistance, etc. This rise hence boosts the demand for the automotive ceramics market.
  • Low-cost manufacturing needs – Several industries are focusing on the development of low-cost manufacturing technologies as there is a high demand for lightweight and affordable vehicles. Ceramics, owing to their high melting point, durability, and strength, stand out to be the best materials for manufacturing many components in any automobile, in low-cost, and high strength.
  • Stringent Emission Regulations – Governments across the globe are implementing strict emission regulations to reduce greenhouse gas emissions. Ceramic materials, such as catalytic ceramic filters, etc. show up as the importance of diesel filters in vehicle emission control systems. The need for effective emission control systems is thus, driving the demand for automotive ceramics.
  • Technological Advancements – Manufacturers are investing in advanced manufacturing processes such as 3D printing (additive manufacturing), to produce complex ceramic components with precise geometries. Additionally, innovations in ceramic materials and coatings are enhancing their properties, expanding their application areas, and driving the overall growth of the automotive ceramics market.

What you can find in this report –

The report has been compiled by using a variety of analytical methodologies and has analysed data on the key players, market scope, and much more. The researchers at Stratview Research have studied the growth of the top competitors in the Automotive Ceramics Market.

Key Features: The report covers the revenue, production rate, import/export, supply/demand, market share, CAGR, etc. Furthermore, the research provides in-depth information on current trends, growth drivers, and competition.

Regional Analysis: The present report throws light on the regional analysis of the Automotive Ceramics Market. The data given can be used to get an idea of trends, patterns, threats or challenges, and many such phenomena. On the basis of region, the report mentions that,

In terms of regions, Asia-Pacific held the largest market share of more than 45% in 2022 and is also expected to witness the highest growth during the forecast period. Asia-Pacific is the largest automotive market owing to significant economic development in the region, a huge consumer base, increasing disposable income of consumers, and the presence of key automotive OEMs, tier players, and ceramic material suppliers. China, South Korea, and Japan are the growth engines of the automotive ceramics market in the region.

Linchpins in the Automotive Ceramics Market

After a thorough investigation of the market and its players, market experts have listed some key players in the report. Here is the list -

  • Kyocera CorporationCeramTec
  • NGK Spark Plug Co., Ltd.
  • CoorsTek, Inc.
  • Saint-Gobain Ceramics Materials
  • Ceradyne Inc.
  • Mcdanel Advanced Ceramic Technologies LLC
  • Dyson Technical Ceramics Ltd.
  • International Syalons (Newcastle) Limited
  • Inmatec Technologies GmbH
  • Blasch Precision Ceramics, Inc.
  • Applied Ceramics, Inc.
  • Ortech Advanced Ceramics
  • Vinayak Techno Ceramics

Competitive Analysis:

Understanding the strategies of rivalry is critical and Stratview Research does this for its users. This report includes an analysis of the key competitors, the products/services, the differentiators, and market shares, etc.

Critical Questions Answered in the Report

  • What are the key trends in the Automotive Ceramics Market?
  • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
  • What is the impact of COVID-19 on the market?
  • What are the key strategies adopted by the major vendors to lead in the Automotive Ceramics Market?
  • What is the market share of the top vendors?

Customization of the Report:

This report can be customized to meet the user’s requirements. Stratview research offers custom research services across the sectors.

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