Automotive Ceramics Market Size Estimated to Reach US$ 6.6 Billion at a CAGR of 5.4% by 2032

The global automotive ceramics market was estimated to be worth US$ 2.42 billion in 2022, up from US$ 2.3 billion in 2021. Demand is predicted to increase at a 5.4% Value CAGR over the assessment period of 2022-2032, most likely reaching US$ 6.6 billion by the conclusion of the forecast period.

The automotive ceramics market in the United States is expected to grow rapidly, reaching US$ 465 million in 2022 and contributing over 32% of total sales, according to Fact.MR. Future growth in the area is probably going to be fueled by a number of favorable advances in automobile technology that are anticipated.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=6406

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:

• 3M Company
• CeramTec GmbH
• CoorsTek Inc.
• Corning Inc.
• Dyson Technical Ceramics Ltd.
• Elan Technology
• IBIDEN Co. Ltd.
• Kyocera Corporation
• McDanel Advanced Ceramic Technologies LLC
• Morgan Advanced Materials Plc.
• NGK Insulators Ltd.
• Saint Gobain Performance Ceramics & Refractories

Competitive Landscape

Leading companies rely on creating automotive ceramics with the goal of lowering vehicles' total weight. In addition, among other expansion initiatives, significant R&D is being done to manufacture ceramics for vehicle electronics.

For instance, CeramTec GmbH provides a wide selection of silicate ceramics for use in lighting and automotive engineering. Because these ceramics continually release large volumes of UV light, they are commonly used to produce halogen and xenon headlights.

Similarly, Corning Inc. provides the high-tech glass ceramics known as MACOR®, which are virtually impenetrable to heat and electricity and are non-porous. NASA uses these specifically for more than 200 uniquely shaped hinge points, windows, and doors for the Space Shuttle orbiter series.

Kyocera Corporation announced in August 2022 that it would build a new production facility at its Kokubu Plant Campus in Kagoshima, Japan. The purpose of this facility is to boost the company's ability to produce multilayer ceramic capacitors (MLCCs), enhance its engineering development capabilities, and guarantee a sufficient amount of manufacturing space in the event that Kyocera's business grows.

AlN HP, a new high-performance substrate from ceramics experts CeramTec, will be released in May 2022. Aluminum nitride, or AlN, is a material with exceptional heat conductivity that is perfect for use in power converters in the building of rail vehicles and the alternative energy industry. The term HP, which stands for "high performance," describes the material's exceptional 450 MPa flexural strength.

Key Segments Covered in Automotive Ceramics Market Study

By Type :
Functional
Structural

By Material :
Alumina Oxide
Titanate Oxide
Zirconia Oxide
Other Material

By Application :
Engine Parts
Exhaust Systems
Electronics
Other Applications

By Region :
North America
Europe
East Asia
South Asia
Oceania
Latin America
Middle East & Africa

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=6406

𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐞𝐫𝐚𝐦𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:

Professionals have carefully selected the data in this research report to approximate the dynamics of the automotive ceramics market as closely as possible. The research report covers a wide range of topics and market segments related to automotive ceramics. The document that follows contains a comprehensive forecast for the Automotive Ceramics market. The study may be used to help companies in the Automotive Ceramics market achieve their full growth potential, create profitable ventures, and enhance their ability to produce income.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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