The porous ceramics global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Porous Ceramics Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The porous ceramics market size has grown rapidly in recent years. It will grow from $8.01 billion in 2023 to $8.97 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to demand in filtration and separation applications, growth in the oil and gas industry, expansion of ceramics in aerospace and defense, use in high-temperature and corrosive environments, regulatory standards for air and water quality..
The porous ceramics market size is expected to see rapid growth in the next few years. It will grow to $13.95 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to sustainable and eco-friendly porous ceramic materials, customized ceramics for specific filtration needs, growth in renewable energy and fuel cell applications, expansion of ceramics in the automotive sector, increased use in 5g infrastructure and sensors.. Major trends in the forecast period include nanoporous ceramics for advanced filtration, regulatory compliance in ceramic material safety, 3d printing and additive manufacturing in ceramics, personalized ceramics for precision medicine, transparent and optically functional ceramics..
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Scope Of Porous Ceramics Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Porous Ceramics Market Overview
Market Drivers –
The increasing demand for medical equipment will propel the growth of the porous ceramic equipment market. Medical equipment refers to the devices used for different medical purposes. Porous ceramics are used in medical devices for total hip replacement, dental implants and restorations, bone fillers, and scaffolds for tissue engineering. As a result, increasing demand for medical equipment increases the demand for porous ceramics. For instance, according to the India Brand Equity Foundation (IBEF), an India based government agency, the medical devices industry is expected to reach $50 billion at a CAGR of 37% by 2025, up from $10.36 billion in 2020. Therefore, the increasing demand for medical equipment in the healthcare sector is driving the growth of the porous ceramic market.
The porous ceramics market covered in this report is segmented –
1) By Product Type: Oxides Ceramics, Non-Oxides Ceramics
2) By Raw Material: Alumina Ceramics, Titanate Ceramics, Zirconate Ceramics, Ferrite Ceramics, Aluminum Nitride, Other Raw Materials
3) By Application: Filtration, Insulation, High Purity Materials, Structural Components, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the porous ceramics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the porous ceramics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the porous ceramics market include Rauschert GmbH, Noritake Co. Limited, Selee Corporation, CoorsTek Inc., Innovacera Advanced material Co. Ltd., Nishimura Advanced Ceramics Co. Ltd., Morgan Advanced Materials plc, Superior Technical Ceramics Corp., Toto Ltd., NGK Spark Plug Co. Ltd., Refractron Technologies Corp., Lam Research Corporation, Lianyungang Henka Ceramics Technology Co. Ltd., Kyocera Corporation, ThomasNet, Saint-Gobain Company, Corning Incorporated, CeramTec Ltd., Ibiden Co. Ltd., Pingxiang Chemshun Ceramics Co. Ltd., Sentro Tech Corporation, Ferro Corporation, McGeoch Technology Limited, SCHOTT AG, Mantec Technical Ceramics Ltd., TQ Abrasive Machining, Alumina Products Inc., Teceram Ltd., Advanced Ceramics Manufacturing, Precision Ferrites & Ceramics Inc.
Table of Contents
1. Executive Summary
2. Porous Ceramics Market characterstics
3. Porous Ceramics Market Trends And Strategies
4. Porous Ceramics Market – Macro Economic Scenario
5. Global Porous Ceramics Market Size And Growth
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31. Global Porous Ceramics Market Competitive Benchmarking
32. Global Porous Ceramics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Porous Ceramics Market
34. Porous Ceramics Market Future Outlook and Potential Analysis
35. Appendix
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