Global Automotive Ceramics Industry (2021-2027) – Tightening Automotive Emissions Regulations Fuel Demand – ResearchAndMarkets.com

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DUBLIN– (BUSINESS WIRE) –The “Automotive Ceramics – Global Market Trajectory and Analysis” report was added to ResearchAndMarkets.com offer.

Amid the COVID-19 crisis, the global automotive ceramics market, estimated at US $ 1.8 billion in 2020, is expected to reach a revised size of US $ 2.5 billion by 2027, with a CAGR of 5% over the period 2020-2027. .

Functional ceramics, one of the segments analyzed in the report, is expected to grow at a CAGR of 5.2% to reach $ 1.5 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and the induced economic crisis, the growth of the structural ceramics segment is readjusted to a revised CAGR of 4.6% for the next 7-year period. This segment currently represents a 41.6% share of the global automotive ceramics market.

The United States accounts for over 27% of the global market size in 2020, while China is expected to grow at a CAGR of 8.1% for the period 2020-2027

The automotive ceramics market in the United States is estimated at US $ 482.5 million in 2020. The country currently accounts for a 26.97% share of the global market. China, the world’s second-largest economy, is expected to reach an estimated market size of US $ 534.8 million in 2027, behind a CAGR of 8.1% through 2027.

Other notable geographic markets include Japan and Canada, each expected to grow by 2.8% and 4% respectively over the period 2020-2027. In Europe, Germany is expected to grow by around 3.6% CAGR while the rest of the European market (as defined in the study) will reach $ 534.8 million by 2027.

Some competitors (total of 67 featured) –

  • 3M Company

  • CeramTec GmbH

  • CoorsTek, Inc.

  • Corning, Inc.

  • Technical Ceramics Dyson Ltd.

  • Elan technology

  • IBIDEN CO., Ltd.

  • Kyocera Company

  • McDanel Advanced Ceramic Technologies LLC

  • Morgan Advanced Materials Plc

  • NGK Insulators Ltd.

  • Saint Gobain Performance Ceramics and Refractories

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

  • Overview of the influencer market

  • Global market trajectories

  • Impact of Covid-19 and an impending global recession

  • Automotive Ceramics Market: Unique Ceramic Properties Boost Automotive Industry Demand

  • Select the applications of ceramics in the automotive industry

  • Zirconia oxide ceramics will grow at the highest rate during the forecast period

  • Automotive engine parts: the largest application segment

  • China and Asia-Pacific emerging as the largest and fastest growing regional market for automotive ceramics

  • 3M Company (United States)

  • CeramTec GmbH (Germany)

  • CoorsTek, Inc. (US)

  • Corning, Inc. (US)

  • Dyson Technical Ceramic Ltd. (UK)

  • Elan Technology (United States)

  • IBIDEN CO., Ltd. (Japan)

  • Kyocera Corporation (Japan)

  • McDanel Advanced Ceramic Technologies LLC (United States)

  • Morgan Advanced Materials Plc (UK)

  • NGK Insulators Ltd. (Japan)

  • Saint Gobain Performance Ceramics and Refractories (USA)

  • Superior Ceramic Properties of Automotive Ceramics Expand Potential Applications in the Automotive Industry

  • Increased application of PZT

  • CMC Gain in traction thanks to superior mechanical properties

  • With the increasing use of ceramics in automobiles, global automotive production will have a significant impact on the growth of the market.

  • Emergence of electric and hybrid vehicles as alternatives to gasoline-powered cars to stimulate demand for ceramics

  • Growing Electric Vehicle Penetration Promotes Market Expansion

  • Tightening automotive emissions regulations fuel demand for advanced ceramics

  • Emission control laws in some regions / countries

  • Amidst strict government regulations, ceramics will play a critical role in purifying emissions in exhaust systems

  • The increasing integration of electronic systems in modern vehicles influences the market outlook

  • Growing adoption of zirconia ceramics in auto parts manufacturing bodes well for market growth

  • Growing need for safe, environmentally friendly and comfortable automobiles to power the use of ceramic capacitors

  • Nanoceramics Offer Significant Benefits for the Automotive Industry

  • Innovations and advancements drive the growth of automotive ceramics

  • A look at some innovative automotive ceramic products

III. MARKET ANALYSIS

IV. COMPETETION

For more information on this report, visit https://www.researchandmarkets.com/r/1krwzc.

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