Advanced Ceramics Global Market Report 2024

The advanced ceramics market size has grown strongly in recent years. It will grow from $80.3 billion in 2023 to $85.34 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%.The growth observed in the historical period can be attributed to several factors, including the expanding utilization of ceramic coatings, heightened sales of high-performance ceramics, growing demand for these products within the automotive and medical sectors, substantial investments made by manufacturers in the development of healthcare applications, and the increasing demand for zirconia specifically within the medical industries.

The advanced ceramics market size is expected to see strong growth in the next few years. It will grow to $106.67 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The forecasted growth is driven by increasing demand for electro ceramics, particularly in the medical and electronics sectors. Advanced ceramics are preferred for joint replacements and as alternatives to metals and plastics due to their eco-friendliness and reliability. Major trends include their use in nanotechnology, innovative product development, and expanding applications in aerospace and defense.

The burgeoning demand within the automotive industry is poised to act as a significant driver for the expansion of the advanced ceramics market in the foreseeable future. Renowned for their exceptional properties such as high strength, thermal resilience, and lightweight characteristics, advanced ceramics find extensive utility across various automotive applications, spanning from engine components to exhaust and brake systems. A tangible illustration of this trend comes from March 2022, as reported by the European Automobile Manufacturers Association, which highlighted a notable upsurge in the production of passenger cars in US auto plants during 2021, reaching approximately 6.3 million units - an increase of 3.1% compared to the preceding year. Consequently, the escalating demand within the automotive sector emerges as a pivotal catalyst propelling the growth trajectory of the advanced ceramics market.

Leading enterprises operating within the advanced ceramics domain are actively engaged in the development of innovative products tailored to cater to the demand for weight reduction applications. One such innovation is the introduction of ceramic-forming precursors, which serve as pre-ceramic polymers instrumental in the production of ceramic materials through pyrolysis processes. For instance, in June 2021, Starfire Systems Inc., a prominent US-based specialty material company specializing in polymer-derived ceramics (PDC), unveiled Hafnium Carbide - an advanced ultra-high-temperature ceramic forming precursor. Distinguished by its remarkable high-temperature resistance properties, Hafnium Carbide finds widespread applicability in aerospace and defense sectors. This innovative ceramic polymer facilitates the creation of ceramic matrix composites and high-purity powder, offering unparalleled high-temperature capabilities. Upon curing at temperatures of 200°C or lower, the Hafnium Carbide precursor undergoes transformation into a crystalline hafnium carbide ceramic, which can subsequently be subjected to heating at 1600°C in an inert atmosphere to achieve the desired crystalline structure with exceptional ceramic yield - a testament to the transformative potential of advanced ceramics in pushing the boundaries of material science and engineering.

In November 2022, Momentive Technologies, a United States-based company specializing in fused quartz manufacturing and advanced materials provision, completed the acquisition of CoorsTek Inc., with the financial details undisclosed. This strategic move bolsters Momentive Technologies' standing as a frontrunner in the advanced materials sphere, particularly within the semiconductor industry. CoorsTek Inc., a privately owned US-based firm, is renowned for its production of technical ceramics catering to a wide array of industries including aerospace, automotive, chemical, electronics, medical, oil and gas, semiconductor, among others.

Major companies operating in the advanced ceramics market report are 3M Company, KYOCERA Corporation, Murata Manufacturing Co. Ltd., Corning Incorporated, AGC Ceramics Co. Ltd., Materion Corporation, Morgan Advanced Materials Plc, Ferrotec Holdings Corp., CeramTec GmbH, MARUWA Co. Ltd., Saint-Gobain Ceramic Materials, Blasch Precision Ceramics Inc., Applied Ceramics Inc., Dyson Technical Ceramics Ltd., Elan Technology, McDanel Advanced Ceramic Technologies, International Syalons (Newcastle) Ltd., Momentive Technologies, Rauschert GmbH, Advanced Ceramics Manufacturing, BCE Special Ceramics GmbH, Nishimura Advanced Ceramics Co., Ltd., Ortech Advanced Ceramics, TechCeramic, Ceradyne Inc., Compagnie de Saint Gobain SA, Small Precision Tools Inc., Vesuvius, Wonik QnC Corporation.

North America was the largest region in the advanced ceramics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the advanced ceramics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the advanced ceramics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Advanced ceramics constitute a specialized category of ceramic materials distinguished by their exceptional mechanical, thermal, electrical, and chemical attributes, surpassing those of traditional ceramics. These materials are purposefully engineered to possess specific properties tailored to meet the rigorous demands of various industries.

The primary types of advanced ceramics include alumina, titanate, zirconia, and silicon carbide. Alumina ceramics, for instance, comprise a class of ceramics primarily composed of alumina (Al2O3) as their principal constituent. They find extensive application across a spectrum of industries such as electrical and electronics, transportation, medical, industrial, defense and security, chemical, among others, in diverse forms including monolithic ceramics, ceramic coatings, ceramic matrix composites, and ceramic filters.

The advanced ceramics market research report is one of a series of new reports that provides advanced ceramics market statistics, including advanced ceramics industry global market size, regional shares, competitors with an advanced ceramics market share, detailed advanced ceramics market segments, market trends and opportunities, and any further data you may need to thrive in the advanced ceramics industry. These advanced ceramics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The advanced ceramics market consists of sales of sialon ceramics, glass ceramics, ferrite ceramics, piezoelectric ceramics, bioactive ceramics, mullite ceramics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.