Transparency Market Research (TMR) provides key insights on the automotive ceramics market in its latest report titled “Automotive Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, rapid growth of the automotive and electronics industries is predicted to drive the automotive ceramics market during the forecast period.

The report has segmented the automotive ceramics market based on composition, application and regional perspective. In terms of application, the automotive ceramics market is segmented into engine parts, automotive electronics parts, exhaust system parts, and others. The engine parts segment held prominent share of the automotive ceramics market in 2017. It is likely to remain the dominant application segment during the forecast period. A typical engine works under extreme temperature and pressure. A more efficient engine is a result of proper temperature regulation. Thus, ceramic materials help maintain engine efficiency by protecting the engine parts. This is an important factor that drives the demand for automotive ceramics.
Based on regional perspective, the automotive ceramics market is split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

In terms of consumption, Asia Pacific held major share of the automotive ceramics market in 2017. It is likely to remain the dominant region during the forecast period. Rise in demand for automotive ceramics in automotive components from automobile manufacturers is the key driver propelling the demand for automotive ceramics in Asia Pacific. China and India are the prominent anticipated to exhibit significant growth in the automotive ceramics market in Asia Pacific. North America and Europe, considered mature regions, are estimated to exhibit moderate growth rate during the forecast period.
Large number of companies operate in the global automotive ceramics market. Prominent manufacturers of automotive ceramics market are included in this report to give a better competitive analysis of this market and these are CoorsTek Inc., Kyocera Corporation, Morgan Advanced Materials Plc., Saint-Gobain Ceramics Materials, Ibiden Co., Ltd., and Ceradyne (a subsidiary of 3M Company).
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