The Ferroelectric Materials Global Market Report 2023, provides comprehensive information on the ferroelectric materials market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global ferroelectric materials market size is expected to grow from $2.62 billion in 2022 to $2.86 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of ferroelectric materials market is expected to reach $3.92 billion in 2027 at a CAGR of 8.2%.
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Product innovation is a popular trend in the ferroelectric materials market. Major companies operating in the ferroelectric materials market are focused on product innovations to sustain their position in the market. For instance, in October 2020, The University of New York, a US-based private research university, and Massachusetts Institute of Technology (MIT), a US-based private land-grant research university, developed a new ferroelectric metamaterial for photo polymerization 3D printing. Metamaterials are materials modified to have properties that do not naturally occur outside a lab. The researchers could 3D print a scaffold-supported crystalline lattice made of ImClO4 with an off-the-shelf UV resin and water in a commercial LCD 3D printer. ImClO4 is a transparent material with a reprogrammable stiffness compatible with SLA 3D printing technology. It was observed that the printed part self-healed when it cracked and self-corrected geometrical errors while being printed.
The ferroelectric materials market is segmented:
1) By Type: Barium Titanate, Lead Zirconate Titanate, Lead Titanate, Other Types
2) By Material Composition: Inorganic Ferroelectric Materials, Organic Ferroelectric Materials
3) By Application: Ceramic Capacitor, PTC Thermistor, Other Applications
4) By End Use Industry: Electronics, Telecommunications, Healthcare, Automotive, Other End Uses
North America was the largest region in the ferroelectric materials market in 2022.
The table of contents in TBRC’s ferroelectric materials market report includes:
- Executive Summary
- Ferroelectric Materials Market Characteristics
- Ferroelectric Materials Market Trends And Strategies
- Ferroelectric Materials Market – Macro Economic Scenario
- Ferroelectric Materials Market Segmentation
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- Global Ferroelectric Materials Market Competitive Benchmarking
- Global Ferroelectric Materials Market Competitive Dashboard
- Key Mergers And Acquisitions In The Ferroelectric Materials Market
- Ferroelectric Materials Market Future Outlook and Potential Analysis
- Appendix
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