Global Market for Advanced and Nanoscale Ceramics to Reach $12.1 Billion in 2018
(PRWEB) May 20, 2014
BCC Research (http://www.bccresearch.com) reveals in its new report, ADVANCED CERAMICS AND NANOCERAMIC POWDERS, the global market for advanced and nanoscale ceramic powders is expected to grow to $12.1 billion by 2018, with a five-year compound annual growth rate (CAGR) of 6.2%. The nanoceramic category is the fastest moving segment in this market, growing at a significant CAGR of 13.5%.
Advanced ceramic and nanoceramic powders -- oxides, carbides, nitrides, and borides -- are sold as starting materials for solid commercial articles. They enable technology critical to a wide range of applications, including electronic devices and systems, high temperature applications, and applications such as abrasives, cutting tools, and guide fixtures.
The advanced ceramics category, the largest segment in the overall market, is expected to grow to nearly $10 billion by 2018 and register a CAGR of 5%.
However, the nanoceramic segment, which was valued at just about $958 million in 2012, is expected to jump to $2.1 billion in 2018.
“Advanced ceramics are a significant category of engineered materials pushing the performance of technology-based components and systems,” says BCC Research advanced materials analyst Dr. William Davison. “The market for these materials is beginning to expand at pre-2009 recession levels, including certain segments that had experienced slow growth due to conservative business planning and exhaustion of existing inventory stocks.”
ADVANCED CERAMICS AND NANOCERAMIC POWDERS provides an in-depth analysis of the advanced ceramics and nanoceramic powders market, including analyses of global market trends, with data from 2012 and 2013, and projections CAGRs through 2018. It identifies suppliers, major user industries, and major issues related to the production and commercialization of advanced ceramic and nanosized ceramic powders and examines technological and business issues related to the commercial production and use of these materials. In addition, this study presents comprehensive company profiles of key players in the market.
This report is intended for companies that are interested in the current and future developments of the field of advanced ceramics and nanoceramic powders.
This report is intended for anyone interested in the thermoplastics market, including manufacturers, resin producers, marketers, and end users, especially those in the packaged foods market.
Editors and reporters who wish to speak with the analyst, should contact Steven Cumming at steven.cumming(at)bccresearch(dot)com.
About BCC Research
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