Advanced Ceramics Market Projected to Reach $8.5 Billion by 2019

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This market research study provides a detailed qualitative and quantitative analysis of the advanced ceramics market. http://www.marketsandmarkets.com/Market-Reports/advanced-ceramic-market-78409610.html

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Key Players - Coorstek Inc. (U.S.), CeramTec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials (U.K.) and Saint-Gobain Ceramic Material (U.S.).

The report Advanced Ceramics Market defines and segments the market with analysis and forecast of the market size.

Browse 90 market data tables and 56 figures spread through 150 pages and in-depth TOC on - Advanced Ceramics Market.

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Advanced ceramics are wear-resistant, corrosion-resistant, lightweight, inorganic and nonmetallic ceramics that excel in terms of their high-temperature stability, high hardness, low thermal expansion, and a variety of electrical properties ranging from insulators to semiconductors to highly conductive materials. These materials are highly specialized in terms of their unique electric, magnetic, optical, mechanical, biological and environmental properties.

Owing to these properties, advanced ceramics are used in a wide range of end user industries such as electrical & electronics, medical & bio-medical, transportation, industrial machinery, environmental, chemical, defense & security, and others.

Asia-Pacific is the biggest as well as the fastest growing advanced ceramics market, having a significant share of around 40% of the global market. The market patterns of advanced ceramics and its various products are continuously showing an upward trend, which is mainly due to the increasing IT and electronics industries.

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Among various major product types of advanced ceramics, monolithic ceramics dominated the market with more than 60% of the total market share. Ceramic matrix composite is another major product segment and is expected to grow significantly, from 2014 to 2019. Other product types include ceramic coating which is also expected to grow at a considerable rate in coming years.

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