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  • Automotive Ceramics Market Growth & Forecast Analysis | 2023-2028

    Automotive Ceramics Market Growth & Forecast Analysis | 2023-2028

    Automotive Ceramics Market Growth & Forecast Analysis | 2023-2028
    Report code - SRTI155 Delivery - 2 Weeks
    Automotive Ceramics Market Size, Share, Trend, Dynamics, Growth, & Forecast Analysis&n See more...

    Market Insights

    The automotive ceramics market was estimated at USD 2.18 billion in 2022 and is likely to grow at a CAGR of 5.36% during 2023-2028 to reach USD 3 billion in 2028.

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    What are automotive ceramics?

    Automotive ceramics are ceramic materials that are further processed to be used in automobiles. Ceramic has higher ion conductivity and hence can be used for fuel cells for automotive.

    Automotive ceramics are available in different types such as alumina oxide, titanate oxide, zirconia oxide, and others. Some of the common places where the component is used are engine parts, exhaust systems, automotive electronics, and others.

    Automotive Ceramics Market Highlights

    Market Size in 2022

    USD 2.18 billion

    Market Size in 2028

    USD 3 billion

    Market Growth (2023-2028)

    5.36% CAGR

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Market Dynamics

    The growth of the automotive ceramics market is primarily driven by-

    • Growing Automobile fleet.
    • Rising use of ceramic materials – Materials like glow plugs, electronic fuel pumps, sealing and insulation rings, spark plugs, valves, etc., are made of ceramic materials as these materials possess properties like high-temperature resistance, corrosion resistance, etc. This rise hence boosts the demand for the automotive ceramics market.
    • Low-cost manufacturing needs – Several industries are focusing on the development of low-cost manufacturing technologies as there is a high demand for lightweight and affordable vehicles. Ceramics, owing to their high melting point, durability, and strength, stand out to be the best materials for manufacturing many components in any automobile, in low-cost, and high strength.
    • Stringent Emission Regulations – Governments across the globe are implementing strict emission regulations to reduce greenhouse gas emissions. Ceramic materials, such as catalytic ceramic filters, etc. show up as the importance of diesel filters in vehicle emission control systems. The need for effective emission control systems is thus, driving the demand for automotive ceramics.
    • Technological Advancements – Manufacturers are investing in advanced manufacturing processes such as 3D printing (additive manufacturing), to produce complex ceramic components with precise geometries. Additionally, innovations in ceramic materials and coatings are enhancing their properties, expanding their application areas, and driving the overall growth of the automotive ceramics market.

    Automotive-Ceramics-Market-Dynamics

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    Segments Analysis

    By Material Type

    Based on the material type, the market is segmented as alumina oxide ceramics, titanate oxide ceramics, zirconia oxide ceramics, and others. The alumina oxide ceramics segment held the largest market share of more than 40% in 2022 and is expected to register the highest growth during the forecast period.

    In automotive applications where superior properties are required, there, zirconia oxide ceramics are considered as they bear very high resistance to crack propagation. Zirconia oxide ceramics are known for their properties such as high density, high fracture toughness, high flexural strength, and high chemical resistance owing to which they are extensively employed in automotive applications.

    By Application Type

    Based on the application type, the market is segmented as automotive engine parts, automotive exhaust systems, automotive electronics, and others. It is estimated that the automotive engine parts segment will lead the market during the forecast period. Extensive use of automotive ceramics in the manufacturing of spark plugs, glow plugs, high-pressure pumps, electronic fuel pumps, valves, sealing & insulation rings, and other automotive applications is the major factor behind the dominance of automotive engine parts.

    Regional Insights

    In terms of regions, Asia-Pacific held the largest market share of more than 45% in 2022 and is also expected to witness the highest growth during the forecast period. Asia-Pacific is the largest automotive market owing to significant economic development in the region, a huge consumer base, increasing disposable income of consumers, and the presence of key automotive OEMs, tier players, and ceramic material suppliers. China, South Korea, and Japan are the growth engines of the automotive ceramics market in the region.

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    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories.

    By Material Type

    • Alumina Oxide
    • Titanate Oxide
    • Zirconia Oxide
    • Others

    By Application Type

    • Automotive Engine Parts
    • Automotive Exhaust Systems
    • Automotive Electronics
    • Others 

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, and the Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and the Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Automotive-Ceramics-Market-Segmentation

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    Key Players

    Some of the key suppliers are-

    • Kyocera CorporationCeramTec
    • NGK Spark Plug Co., Ltd.
    • CoorsTek, Inc.
    • Saint-Gobain Ceramics Materials
    • Ceradyne Inc.
    • Mcdanel Advanced Ceramic Technologies LLC
    • Dyson Technical Ceramics Ltd.
    • International Syalons (Newcastle) Limited
    • Inmatec Technologies GmbH
    • Blasch Precision Ceramics, Inc.
    • Applied Ceramics, Inc.
    • Ortech Advanced Ceramics
    • Vinayak Techno Ceramics

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Automotive Ceramics Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the material types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Automotive ceramics are ceramic materials that are further processed to be used in automobiles. Ceramic has higher ion conductivity and hence can be used for fuel cells of automotive.

    The automotive ceramics market is likely to reach USD 3 billion in 2028.

    The growth of the automotive ceramics market is expected to witness an impressive CAGR of 5.36% in the coming years.

    The automotive ceramics market was valued at USD 2.18 billion in 2022.

    Asia-Pacific is the leading region in the market during the forecast period..

    Kyocera Corporation, CeramTec, NGK Spark Plug Co., Ltd., CoorsTek, Inc., Saint-Gobain Ceramics Materials, Ceradyne Inc., Mcdanel Advanced Ceramic Technologies LLC, Dyson Technical Ceramics Ltd., International Syalons (Newcastle) Limited, Inmatec Technologies GmbH, Blasch Precision Ceramics, Inc., Applied Ceramics, Inc., Ortech Advanced Ceramics, and Vinayak Techno Ceramics.

    The alumina oxide ceramics segment and automotive engine parts segment is the most dominant segment in the market.

    The growth of the automotive ceramics market is primarily driven by a growing automobile fleet, rising use of ceramic materials, low-cost manufacturing needs, stringent emission regulations, and technological advancements.

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