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The automotive ceramics market was valued at USD 1.51 Billion in 2016 and is projected to reach USD 2.05 Billion by 2022, at a CAGR of 5.2% during the forecast period. In this report, 2016 has been considered as the base year and the forecast period has been considered from 2017 to 2022.

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automotive ceramics market worth 2 05 billion

Automotive Ceramics Market worth 2.05 Billion USD by 2022

The report "Automotive Ceramics Market by Material (Alumina Oxide Ceramic, Titanate Oxide Ceramic,

Zirconia Oxide Ceramic), Application (Automotive Engine Parts, Automotive Exhaust Systems, Automotive

Electronics), and Region - Global Forecast to 2022", The automotive ceramics market is expected to grow from

USD 1.59 Billion in 2017 and is projected to reach USD 2.05 Billion by 2022, at a CAGR of 5.2% from 2017 to 2022.

Browse 75 market data Tables and 33 Figures spread through 122 Pages and in-depth TOC on "Automotive

Ceramics Market by Material (Alumina Oxide Ceramic, Titanate Oxide Ceramic, Zirconia Oxide Ceramic),

Application (Automotive Engine Parts, Automotive Exhaust Systems, Automotive Electronics), and Region -

Global Forecast to 2022"

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=127800594

The growth of the automotive ceramics market can be attributed to the increasing demand for automotive ceramics

from the automotive engine parts, automotive exhaust systems, and automotive electronics applications across the

globe. The automotive ceramics market is expected to witness significant growth during the forecast period, which

can be attributed to its characteristics such as superior performance, safety, dependability, and environmental

sustainability. These materials can efficiently function under extreme conditions such as high temperature, pressure,

radiation, and corrosive exposures. Therefore, the increasing use of automotive ceramics in wide-ranging automotive

applications is expected to drive the automotive ceramics market during the forecast period.

Among materials, in terms of value, the zirconia oxide ceramics market is projected to grow at the highest

CAGR during the forecast period.

Based on material, the automotive ceramics market has been segmented into alumina oxide ceramic, titanate oxide

ceramic, zirconia oxide ceramic, and others. The alumina oxide ceramic material segment accounted for the largest

share of the automotive ceramics market in 2016. The zirconia oxide ceramics material segment is projected to grow

at the highest CAGR during the forecast period. Owing to their superior properties, such as high density, high fracture

toughness, high flexural strength, and high chemical resistance properties, leading market players prefer the use of

zirconia oxide ceramics to manufacture automotive components and parts.

Thus, the increased demand for zirconia oxide-based ceramic components is expected to drive the demand for

ceramic materials globally during the forecast period.

The automotive engine parts application segment accounted for the largest share of the automotive ceramics

market in 2016.

Based on application, the automotive engine parts segment accounted for the largest share of the automotive

ceramics market in 2016. Automotive ceramics are used in various applications, ranging from automotive engine

parts, automotive exhaust systems, automotive electronics, and others. Automotive ceramics are replacing metals

and plastics in the automotive engine application, as they are lightweight, electrically/thermally insulating, and

resistant to heat, and chemicals, shockproof, wear-resistant, and reliable. Other applications of automotive ceramics

include automotive brakes, coatings, and lighting. Automotive electronics is the fastest-growing application segment

of the automotive ceramics market. Automotive ceramics are extensively used in the manufacturing of various

electronics such as power electronics, sensor systems, and temperature management electronics.

The Asia Pacific automotive ceramics market is projected to grow at the highest CAGR during the forecast

period.

The automotive ceramics market has been studied for Asia Pacific, North America, Western Europe, Central &

Eastern Europe, Middle East & Africa, and South America. The Asia Pacific automotive ceramics market is projected

to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific automotive ceramics market

can be attributed to the growing demand from of automotive parts and components from automobile manufacturers.

The region is witnessing the highest growth due to rapid economic expansion, especially in China and India.

the automotive ceramics manufacturers

The automotive ceramics manufacturers are shifting to this region mainly due to developing local markets and greater

manufacturing competitiveness of developing economies in APAC. The growth of the APAC market is mainly driven

by China, South Korea, and Japan, as these countries account for the largest share of the automotive ceramics

market in the region. Moreover, increase in automotive manufacturing activities combined with the region’s

emergence as a cost-effective production hub is expected to drive the automotive ceramics market. These factors are

propelling the demand for automotive ceramics in the region.

Kyocera (Japan), CeramTec (Germany), NGK Spark Plug (Japan), CoorsTek (US), and Morgan Advanced Materials

(UK), among others, are the key players operating in the automotive ceramics market.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=127800594

Target Audiences for the automotive ceramics market report are as follows:

Manufacturers of Automotive Ceramics

Suppliers of Automotive Ceramics

Component Manufacturers

Component Suppliers

Service Providers

Automotive End-users

Government Bodies

Scope of the Report

This report categorizes the automotive ceramics market on the basis of material, application, and region.

Automotive Ceramics Market, by Material:

The automotive ceramics market has been segmented on the basis of material into:

Alumina Oxide Ceramic

Titanate Oxide Ceramic

Zirconia Oxide Ceramic

Others

Automotive Ceramics Market, by Application:

The automotive ceramics market has been segmented on the basis of application into:

Automotive Engine Parts

Automotive Exhaust Systems

Automotive Electronics

Others

Automotive Ceramics Market, by Region:

The automotive ceramics market has been studied for the following regions:

Asia Pacific

North America

Western Europe

Central & Eastern Europe

Middle East & Africa and

South America

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