Automotive Ceramics Market Forecast 2027 – Projected Growth & Opportunities

The global automotive ceramics market is expected to grow at a CAGR of 5% during the forecast period. The demand for automotive ceramics has exponentially increased in recent times on account of stringent government regulations regarding emission control as well as fuel economy standards.

The Important Elements of the Automotive Ceramics Market

Automotive ceramics can function under extreme conditions such as high temperature, pressure, radiation, and corrosion. These properties of automotive ceramics are attracting companies around the globe to use them as a substitute for conventional materials. Contrary to conventional materials, automotive ceramics are corrosion-resistant, durable, and lightweight.

Factors like increasing demand for automotive ceramics for automotive engine parts, automotive exhaust systems, automotive electronics, and other applications across the globe and rising environmental concerns are further boosting the growth of the global automotive ceramics market. Moreover, the growing focus on electric and hybrid vehicles is further fuelling growth in the market.

The global automotive ceramics market is segmented based on material, application, company, and region. Based on material, the market can be segmented into Alumina Oxide Ceramics, Titanate Oxide Ceramics, Zirconia Oxide Ceramics, and Others. The alumina oxide ceramics segment holds the largest market share owing to the efficient functioning of these materials under harsh environmental conditions.

The Zirconia Oxide segment is projected to register the highest CAGR during the forecast period due to its high density, flexural strength, fracture toughness, chemical resistance, and others. Based on application, the market can be categorized into Automotive Engine Parts & Accessories, Automotive Exhaust Systems, Automotive Electronics, Catalyst & Support, and Others. The automotive engine parts & accessories segment dominates the market. This can be accredited to their various properties such as lightweight, electrically/thermally insulating, resistance to heat, and chemicals, shockproof, wear-resistant, and reliability of automotive ceramics.

Regionally, the automotive ceramics market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, the Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period, owing to the increasing demand for automotive parts and components from automobile manufacturers.

The major players operating in the automotive ceramics market

Kyocera Industrial Ceramics Corporation, Murata Manufacturing Co. Ltd., Momentive Performance Materials Inc., CeramTec GmbH, Oerlikon Surface Solutions AG, Saint-Gobain Ceramics Materials,

McDanel Advanced Ceramic Technologies, Dyson Technical Ceramic Ltd., IBIDEN CO., Ltd., Blasch Automotive Ceramics, Inc., and others. Major companies are launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

 The Objective of the Study:

• To analyze and forecast the market size of the global automotive ceramics market.
• To classify and forecast the global automotive ceramics market based on material, application, company, and regional distribution.
• To identify drivers and challenges for the global automotive ceramics market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global automotive ceramics market.
• To conduct pricing analysis for the global automotive ceramics market.
• To identify and analyze the profile of leading players operating in the global automotive ceramics market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the globe.

TechSci Research calculated the market size of the global automotive ceramics market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.

Key Target Audience:

• Automotive ceramics manufacturers and suppliers
• Market research and consulting firms
• Government bodies such as regulating authorities and policymakers
• Organizations, forums, and alliances related to automotive ceramics

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them to strategize investments and capitalize on market opportunities.

Report Scope:

In this report, the global automotive ceramics market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Market, By Type:
  • Alumina Oxide Ceramics
  • Titanate Oxide Ceramics
  • Zirconia Oxide Ceramics
  • Others
• Market, By Application:

o   Automotive Engine Parts & Accessories

o   Automotive Exhaust Systems

o   Automotive Electronics

o   Catalyst & Support

o   Others

• Market, By Region:
  • North America
    • United States
    • Mexico
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Iran
  • South America
    • Brazil
    • Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global automotive ceramics market.

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Table of Content

Product Overview

2. Research Methodology
3. Executive Summary
4. Voice of Customer

4.1.  Factors to be considered for product selection

4.2.  Factors influencing purchase decision

4.3.  Challenges/issues faced post-purchase

4.4.  Unmet needs

5. Global Automotive Ceramics Market Overview
6. Global Automotive Ceramics Market Outlook

6.1.  Market Size and Forecast

6.1.1.   By Value

6.2.  Market Share and Forecast

6.2.1.   By Material (Alumina Oxide Ceramics, Titanate Oxide Ceramics, Zirconia Oxide Ceramics, Others)

6.2.2.   By Application (Automotive Engine Parts & Accessories, Automotive Exhaust Systems, Automotive Electronics, Catalyst & Support, Others)

6.2.3.   By Company

6.2.4.   By Region

6.3.    Market Attractive Index