Advanced Ceramics Market Value to Hit USD 19.9 Billion in 2033

Introduction

The global Advanced Ceramics market is set to experience robust growth, expanding from USD 11.2 billion in 2022 to an estimated USD 19.9 billion by 2033, reflecting a compound annual growth rate (CAGR) of 6.1% during the forecast period. This growth is driven by the increasing demand across various industries, including electronics, automotive, and medical sectors. Advanced ceramics are prized for their superior properties such as high-temperature resistance, durability, and chemical inertness, which make them ideal for applications in harsh environments.

Significant growth factors include the rising use of advanced ceramics in electronic devices, which held over 47% of the market share in 2023. The expansion of the electronics sector, fueled by investments in 5G technology and wireless communication, is expected to drive further demand. Additionally, the medical sector is anticipated to witness rapid growth due to the increasing use of bioceramics in implants and diagnostic equipment, driven by the aging population and advancements in medical technology.

However, the market faces challenges such as the high cost of raw materials and production, which can hinder widespread adoption. Additionally, the impact of COVID-19 has disrupted supply chains, affecting production and distribution.

Recent developments highlight the market’s dynamic nature. For instance, CoorsTek’s investment in the new advanced materials manufacturing campus and the acquisition of 3M’s advanced materials business by MO SCI Corp underscore ongoing consolidation and capacity expansion efforts within the industry.

3M Company has been active in expanding its advanced ceramics portfolio through strategic acquisitions. In February 2023, 3M completed the sale of its advanced ceramics business to MO SCI Corp., a move that included transferring over 350 specialized pieces of equipment and associated intellectual property. This acquisition is expected to enhance MO SCI’s capabilities and market presence in the advanced ceramics sector, particularly in high-performance applications​.

AGC Ceramics Co., Ltd., a leading player in the advanced ceramics market, has been focusing on innovations and expansions. The company has recently invested in expanding its production facilities to meet the growing demand for advanced ceramic products used in semiconductor manufacturing and environmental technology applications. AGC’s ongoing R&D efforts are geared towards enhancing the performance characteristics of its ceramic materials, thereby supporting its competitive edge in the market​.

CeramTec GmbH has been at the forefront of product innovation in the advanced ceramics market. In April 2021, the company launched a new ceramic power module designed for drive inverters in e-mobility solutions. This collaboration with the Fraunhofer Institute aims to develop cooling solutions for power electronics in electric vehicle drive trains. Additionally, CeramTec continues to expand its product offerings in the medical sector, particularly in bioceramics used for dental and orthopedic implants​.

CoorsTek Inc. has made significant strides in expanding its manufacturing capabilities. In June 2022, CoorsTek announced a USD 50 million investment in a new advanced materials manufacturing campus in Rayong, Thailand. This facility, covering 400,000 square feet, is set to enhance CoorsTek’s production capacity and support innovation across multiple markets, including electronics and healthcare. This strategic expansion underscores CoorsTek’s commitment to maintaining its leadership position in the advanced ceramics industry​​​.

Statistics

• The smaller the particle size, the smaller the light scattering, and the higher the transmittance for 2PP. At a ceramic particle weight fraction of 70 wt%, a transmittance of the resin of 95% could be measured at a wavelength of 800 nm and a light path of 100 µm.
• Printing hollow SP micro lattices reveals a designed density of the model another 43.75% lighter than the filled SP reference and 69% lighter than the solid cube.
• Rejects up to 66% of total solar energy and provides up to 95% infrared rejection, reducing the feel of the sun’s heat on your skin for optimal thermal comfort.
  This mechanical method has been proven not proper for closed-cell alumina foams with porosity higher than 90% that proposed by Seeber.
• The secant slope is determined using the interval between 30% and 70% of the maximum load to overcome the influence of experimental compliance. It implies the high stiffness for the specimen of 30 ppi, although its strut diameters are small.
• An increase in surface hardness was found by almost 2 folds, as the diamond footprints and its flaw sizes were considerably reduced, thus, enhancing the resistance of SiC to better withstand mechanical impact. This inherently led to an enhancement in the KIc by about 42%.
• In 2018, the domestic functional ceramics market accounted for 70%, including electronic ceramics, photothermal functional ceramics, etc .; the structural ceramics market accounted for 30%, including oxidation Ceramics, non-oxide ceramics, nano-ceramics, etc.
• High-purity alumina: China has several companies with SDGC ceramic materials, HBPD advanced ceramic materials, and other enterprises with a production capacity of 1,000 tons. The method is the most advanced, with lower cost and a short production cycle.
• SDGC ceramic materials are the first in China and the second in the world to use hydrothermal methods to produce barium titanate manufacturers, which are 30% cheaper than Japanese homogeneous products % -50%, can successfully replace imported high-end barium titanate.
• The proportion has increased from 50% to 100%, and the demand for honeycomb ceramics is expected to grow rapidly.
• It generates responses that are 9.76% more helpful, 11.52% more honest, and 21.03% less harmful. Moreover, its capacity to learn from feedback during multi-turn interactions is superior.
• HF solutions between 2.5% and 10% applied for two to three minutes seem the most successful. The amount, size, and distribution of lithium disilicate crystals influence the formation of microporosities that acid etching creates.
• The country’s economic growth has been one of the highest in the EU since 2010, with 2022 seeing a better-than-expected 4.8% increase. In recent years, it witnessed growth rates such as 4.8% in 2016, 7.1% in 2017, 4.4% in 2018, and 4.1% in 2019.
• In 2020, its GDP per capita in purchasing power standards reached 72% of the European Union average, up from 44% in 2007, the highest growth rate in Romania.
• Imports of goods and services increased 9.3%, while exports grew 7.6% in 2016, as compared to 2015. Exports of goods and services were expected to grow by 5.6% in 2017, while imports were seen increasing by 8.5%, according to the latest CNP.
• The industry in Romania generated 33.6% of the local gross domestic product (GDP) in the first half of 2018.
• Economic growth was further fuelled by foreign credits in the 1970s, eventually leading to a growing foreign debt, which peaked at $11–12 billion.
• In 1989, before the Romanian Revolution, Romania had a GDP of about 800 billion lei, or $53.6 billion.  Around 58% of the country’s gross national income came from industry, and another 15% came from agriculture. The minimum wage was 2,000 lei or approx. $57.

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Emerging Trends

• Increasing Use in Electronics and Electrical Industry: Advanced ceramics are highly valued in the electronics and electrical sectors due to their exceptional electrical insulation properties, thermal conductivity, and resistance to high temperatures. These materials are integral to the production of electronic components such as capacitors, insulators, and substrates, which are used in smartphones, tablets, and wearable devices. The demand for advanced ceramics in this sector is expected to rise significantly, driven by the rapid growth of consumer electronics and advancements in semiconductor technologies​​​.
• Expansion in the Medical Sector: The medical industry is adopting advanced ceramics for various applications due to their biocompatibility, wear resistance, and ability to mimic natural bone structure. These properties make advanced ceramics ideal for use in dental implants, joint replacements, and surgical tools. The aging population and advancements in medical technology are further propelling the demand for advanced ceramics in the healthcare sector. The medical segment is expected to register one of the fastest growth rates in the coming years​​​.
• Growth in the Automotive and Aerospace Industries: Advanced ceramics are increasingly used in the automotive and aerospace industries for their lightweight, high-strength, and thermal stability properties. These materials help improve fuel efficiency and performance in automotive components and are essential for high-temperature applications in aerospace. The ongoing advancements in electric vehicles (EVs) and the growing emphasis on reducing vehicle weight are boosting the adoption of advanced ceramics in these industries​​​.
• Rising Demand for Ceramic Matrix Composites (CMCs): Ceramic matrix composites are gaining traction due to their superior properties, such as high strength, lightweight, and excellent thermal shock resistance. These composites are used in a variety of applications, including aerospace, defense, and energy sectors, where high performance and durability are critical. The market for CMCs is expected to grow as these industries seek materials that can withstand extreme conditions while reducing overall weight​​​.
• Environmental and Energy Applications: Advanced ceramics are finding new applications in the environmental and energy sectors, particularly in renewable energy technologies. For instance, ceramic filters are used for pollution control, while ceramic coatings are applied to improve the efficiency of energy systems. The focus on sustainability and the development of green technologies are driving the demand for advanced ceramics in these areas​​​.

Use Cases

• Electronics and Electrical Industry: Advanced ceramics are extensively used in the electronics industry due to their excellent electrical insulation properties and thermal conductivity. They are integral components in the manufacturing of capacitors, insulators, substrates, and semiconductors. In 2022, the electronics segment held a significant share of the market, driven by the increasing demand for high-performance electronic devices like smartphones, tablets, and wearable gadgets​​​.
• Medical Sector: In the medical industry, advanced ceramics are valued for their biocompatibility, wear resistance, and ability to mimic natural bone structures. They are used in dental implants, joint replacements, surgical tools, and various diagnostic and therapeutic devices. The medical segment is expected to register one of the fastest growth rates, with increasing applications driven by an aging population and advancements in medical technology​​​.
• Automotive Industry: Advanced ceramics are crucial in the automotive sector for their lightweight and high-strength properties, which contribute to improved fuel efficiency and vehicle performance. They are used in components such as engine parts, exhaust systems, and brake systems. The demand for advanced ceramics in the automotive industry is rising as manufacturers seek materials that can withstand extreme conditions while reducing the overall weight of vehicles​​​.
• Aerospace and Defense: The aerospace and defense industries utilize advanced ceramics for their exceptional thermal stability, corrosion resistance, and strength-to-weight ratio. These materials are used in manufacturing components that require high durability and performance, such as turbine blades, armor, and structural components. The ongoing development in these industries is expected to drive further demand for advanced ceramics​​​.
• Energy and Power: Advanced ceramics are used in the energy sector for applications in power generation and renewable energy systems. They provide excellent thermal insulation and corrosion resistance, making them suitable for components in turbines, fuel cells, and solar panels. The shift towards sustainable energy solutions is increasing the adoption of advanced ceramics in this field​​​.
• Industrial Applications: In various industrial applications, advanced ceramics are employed for their high wear resistance and durability. They are used in cutting tools, pump seals, and wear-resistant parts, enhancing the efficiency and lifespan of industrial machinery. The industrial segment continues to grow as industries seek high-performance materials to improve their operational efficiency​​​.

Key Players Analysis

3M Company is a leading player in the advanced ceramics sector, specializing in high-performance ceramic materials designed for challenging industrial applications. Their portfolio includes products such as 3M™ Thrust Bearings, which enhance the reliability of drilling motors and pumps in the oil and gas industry, and 3M™ Ceramic Sand Screens, which offer superior abrasion and erosion resistance. 3M’s technical ceramics are crucial for sectors requiring materials that can withstand extreme conditions, including electronics, automotive, and aerospace, thereby supporting the company’s reputation for innovation and quality​​​.

AGC Ceramics Co., Ltd. is actively engaged in the development and production of advanced ceramics, focusing on high-performance materials for industrial and technological applications. The company’s products are integral to sectors such as electronics, where their ceramics are used in semiconductor manufacturing, and environmental technology, providing solutions that meet stringent regulatory standards. AGC’s investment in expanding production capabilities and ongoing R&D efforts underscores its commitment to maintaining a competitive edge and meeting the evolving demands of the global market​​​.

CeramTec GmbH is a global leader in the advanced ceramics sector, leveraging over 100 years of expertise in developing and manufacturing ceramic materials. The company’s portfolio includes more than 10,000 products, parts, and components made from technical ceramics, serving industries such as medical, automotive, electronics, and industrial applications. Notably, CeramTec’s innovations in piezoceramic components and ultrasonic sensors have significantly advanced sensing and measurement technologies, enhancing their reliability and precision across various applications​​​​.

CoorsTek Inc. is a prominent player in the advanced ceramics market, renowned for its extensive range of technical ceramic products. The company specializes in manufacturing components for semiconductor manufacturing, medical devices, and industrial equipment. CoorsTek has made significant investments in expanding its manufacturing capabilities, including a recent $50 million investment in a new advanced materials facility in Rayong, Thailand. This expansion underscores CoorsTek’s commitment to innovation and maintaining its leadership in high-performance ceramics.

Elan Technology has been a leader in the advanced ceramics sector for over 70 years, specializing in the development and manufacturing of materials such as alumina, steatite, and zirconia. Their advanced ceramics are utilized in a variety of industries including aerospace, automotive, and medical sectors. Elan Technology’s products, known for their high mechanical strength and chemical stability, are essential components in applications ranging from electrical insulators to medical implants and automotive sensors​​​.

KYOCERA Corporation is a major player in the advanced ceramics market, providing high-quality ceramic materials and components that are used across various industries. Their advanced ceramics are renowned for their durability, thermal resistance, and electrical insulation properties. KYOCERA’s products find applications in automotive components, electronic devices, and medical implants, supporting industries that require materials with superior performance and reliability. The company’s continuous innovation and commitment to quality make it a preferred supplier in the advanced ceramics market​​​.

Morgan Advanced Materials is a prominent player in the advanced ceramics market, known for its innovative materials and solutions. The company specializes in producing high-performance ceramics that are used in demanding applications across industries like aerospace, automotive, medical, and electronics. Their advanced ceramics offer superior properties such as high thermal resistance, mechanical strength, and durability. Morgan’s continuous investment in R&D and focus on sustainable practices have positioned them as a leader in the market, catering to the evolving needs of various high-tech industries​​​.

Murata Manufacturing Co., Ltd. is a global leader in the production of advanced ceramics, particularly in the electronics sector. The company excels in developing ceramic-based passive electronic components, such as multilayer ceramic capacitors (MLCCs), which are crucial for modern electronic devices. Murata’s advanced ceramics are known for their high reliability, miniaturization, and performance, making them essential in applications ranging from consumer electronics to automotive and industrial equipment. Their commitment to innovation and quality ensures Murata remains at the forefront of the advanced ceramics industry.

Nishimura Advanced Ceramics Co., Ltd., founded in 1918, is a prominent Japanese manufacturer specializing in high-precision ceramic products. The company offers a wide range of advanced ceramics, including ceramic circuit boards, machine parts, pump parts, optical products, temperature sensor components, and lighting apparatuses. They are known for their innovative use of alumina, zirconia, and other materials to produce ceramics with excellent mechanical strength, thermal stability, and electrical insulation properties. Nishimura’s commitment to quality and continuous development has made it a leader in the advanced ceramics sector​​​.

Ortech Advanced Ceramics, based in the United States, is a leading manufacturer of high-performance ceramic components. The company produces a variety of advanced ceramics, including alumina, zirconia, and silicon carbide, catering to industries such as aerospace, medical, and electronics. Ortech is recognized for its capability to deliver custom solutions with superior material properties like high wear resistance, thermal stability, and electrical insulation. Their expertise in ceramic technology allows them to meet specific design and functional requirements for a diverse range of applications​​.

Conclusion

Key growth factors include the increasing demand for high-performance materials that offer superior mechanical, thermal, and electrical properties. However, challenges such as high production costs and the brittle nature of ceramics could impact market expansion. Technological advancements and strategic investments by major players like Kyocera, CoorsTek, and CeramTec are expected to enhance production capabilities and drive innovation, further supporting the market’s growth trajectory. The Asia-Pacific region, particularly countries like China, Japan, and India, will play a crucial role in this expansion due to their robust industrial bases and growing demand for advanced electronic and automotive components​​​​​​​.