Advanced ceramics market includes highly-developed ceramic materials, which possess high strength. These ceramics are lightweight, non-metallic, organic, and corrosion-resistant. These materials are formed via various raw materials that include alumina, titanate, zirconia, silicon carbide, aluminium nitride, silicon nitride, magnesium silicate and pyrolytic boron nitride. The silicon carbide-based advanced ceramics is expected to grow at the highest CAGR during the forecast period owing to its low weight, high strength, low thermal expansion, excellent thermal shock resistance, high wear temperature and high chemical resistance.
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The global advanced ceramics market is expected to showcase a significant growth during the forecast period (2017-2023). The market growth can be attributed to the increasing use of advanced ceramics as an alternative to metals and plastics. Other factor which is driving the growth of the market includes the growing medical industry. Advanced ceramics are used in joint implantation and dental implants, due to properties such as low wear resistance and chemical inertness.
The key trend observed in the advanced ceramics market is the development of advanced ceramics coatings. Alumina, titanium oxides and zirconium oxides are commonly used coating materials in the advanced ceramics market for producing ceramic-on-metal medical components. In addition, prominent manufactures in the market have shifted towards advanced glass ceramic coatings based on silicon dioxide.
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The global advanced ceramics market is expected to showcase a significant growth during the forecast period (2017-2023). The market growth can be attributed to the increasing use of advanced ceramics as an alternative to metals and plastics. Other factor which is driving the growth of the market includes the growing medical industry. Advanced ceramics are used in joint implantation and dental implants, due to properties such as low wear resistance and chemical inertness.
The key trend observed in the advanced ceramics market is the development of advanced ceramics coatings. Alumina, titanium oxides and zirconium oxides are commonly used coating materials in the advanced ceramics market for producing ceramic-on-metal medical components. In addition, prominent manufactures in the market have shifted towards advanced glass ceramic coatings based on silicon dioxide.
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The major drivers observed in the advanced ceramics market include improvement of antenna performance by advanced ceramics coatings over it. Antennas made of copper tracks are used on a small ceramic cylinder and are laser trimmed for obtaining extreme frequency response. The design and implementation of new processes i.e., use of advanced ceramics based coatings on the antennas using the latest flexible circuit manufacturing techniques will enhance the mechanical strength while at the same time will retain flexibility.
The global advanced ceramics market has a lot of potential scope in it. The major players in the advanced ceramics market are adopting significant competitive strategies such as merger, acquisitions and joint ventures to hold a competitive edge in the global market. For instances, in November 2015, Oerlikon acquired the advanced ceramics business unit of Laser Cladding Services, LLC.
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