Transparency Market Research has published a new
market report titled “Monolithic Ceramics Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”
According to the report, the global monolithic ceramics market was
valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64
Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023.
Monolithic ceramics are ceramics that offer
properties such as fabrication and polycrystalline microstructure
without reinforcement. It is one of the major types of products of
advanced and technical ceramics. Monolithic ceramics are segmented
into oxides and non-oxides. Types of monolithic ceramics include
silicon nitride, zirconium oxide, zirconium carbide, aluminum
nitride, silicon carbide, and aluminum oxide.
This 178 page report gives readers a comprehensive
overview of the Monolithic Ceramics market. Browse Market Research
Report @
Monolithic ceramics offer specific properties such as
reliability, durability, resistance to high temperature, and wear
resistance. Thus, these ceramics are employed in wide applications in
various end-user industries such as electrical & electronics,
automotive, aerospace, power, defense & military, medical, and
transportation. In 2014, electrical & electronics segment
accounted for more than 50% volume share of the global monolithic
ceramics market. Monolithic ceramics are used in the manufacture of
capacitors and semiconductors in the electrical & electronics
sector. Monolithic ceramics are employed in the manufacture of
turbine blades and engine components in the power generation
industry.
Expansion in medical and health care industries is
anticipated to drive the global market in the near future. Rising
demand for medical devices and equipment is anticipated to boost the
demand for monolithic ceramics in the near future. Growth in research
& development especially in the properties of monolithic ceramics
such as reliability, durability, and resistance to high temperature
are expected to open new avenues in the market. Monolithic ceramics
are also employed in the manufacture of sensors and alarm systems.
High temperature resistance and thermal barrier properties are the
major factors driving the usage of monolithic ceramics in power and
electrical & electronics sectors. Aerospace and defense segment
accounted for smaller share in 2014 however, rising demand for
monolithic ceramics components such as armors, weapons, and shuttles
is likely to fuel market growth during the forecast period.
Get accurate market forecast and analysis on the
Monolithic Ceramics market. Request a sample to stay abreast on the
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In 2014, Asia Pacific was the largest market for
monolithic ceramics, followed by North America and Europe. Countries
in Asia Pacific such as China, Japan, and India are propelling the
monolithic ceramics market in the region. Growth in economies in Asia
Pacific is projected to contribute to the dominance of the region in
the near future.
Major manufacturers operating in the monolithic
ceramics market include Kyocera Corporation, CeramTec GmbH, Morgan
Advanced Materials Plc, Saint-Gobain Ceramics Materials, and Zircoa
Inc.
This report segments the global monolithic
ceramics market as follows:
Monolithic Ceramics Market - Product Analysis
- Oxides
- Non-oxides
Monolithic Ceramics Market - Application
Analysis
- Electrical & Electronics
- Automotive
- Power
- Medical
- Others (Including Defense, etc.)
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