Market Remains Fragmented with SMEs on the Forefront

Advanced ceramics market place is fragmented with the stronghold of mid- and small-sized as well as emerging market players. While leading players are engaged in the expansion of advanced ceramics production capacities, they account for a smaller bulk of the advanced ceramics market revenue. A significant demand for advanced ceramics used in niche applications of electronics, automotive, industrial and metallurgy is met through the supply from small-sized local players. Mid-sized players also cater to the demand generation from critical industries such as medical, aerospace & defense and transportation. Collectively, small-and mid-sized players hold nearly 80-85% of the global market share.

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Some notable developments in advanced ceramics market have been listed below.

In May 2018, GE Aviation opened a new factory at Alabama with the investments reaching US$ 200 million. The facility is the U.S.’s only unique location that produce ceramic matrix composites (CMCs) component manufacturing to be used in the hottest portions of jet propulsion.
GE Aviation also achieved manufacturing of 30 thousand 3D printed fuel nozzle tips in October same year.
In October 2018, Roll Royce announced the successful integration of 3D printed components made from CMCs in the Advance3 demonstrator engine to be marketed in 2025.
In November 2018, Safran opened a CMC research center in Bordeaux to accelerate the development of the material through world-class and state-of-the-art equipment.
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The report provides a comprehensive profiling of other market players. Key players operating in the advanced ceramics market include Kyocera Corporation, Ceramtec GmbH, Coorstek Inc., Morgan Advanced Materials PLC, Mcdanel Advanced Ceramic Technologies LLC, Rauschert Steinbach GmbH, 3M Company, DowDuPont Inc., Elan Technology, General Electric Company, CUMI, Nishimura Advanced Ceramics, and Toto Ltd.

Electromobility Emerges as a Key Application Area

Leading players in the advanced ceramics market are introducing advanced high-performance ceramic components, specifically for electromobility applications. E-mobility components such as fuel cell, system for storing, transmitting, generating and distributing energy, temperature control and power electronics components. In the field of electromobility, traditional materials such as metals and plastics have reached their limits, in terms of demand for distinguished characteristics. Advanced ceramics deliver mechanical strength, unique tribological properties, excellent thermal conductivity and electrical insulation.

Additionally, advanced ceramics are being developed for cooling management solutions, an imperative requirement in power electronics wherein advanced ceramics deliver low thermal resistance and electrical insulation during the function of cooling. Versatility combined with unique characteristics of advanced ceramics provide excellent properties suitable for the electric vehicles.

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