Ceramic Core Market Insights
Ceramic core market is likely to witness a modest CAGR of 3.8% during the forecast period. The prime factors contributing to the demand for ceramic cores is mainly the growing demand for aero engine turbine blades and the ability of ceramic core to fabricate complex geometry of turbine blades.
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Ceramic Core Market - Snapshot
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Growth
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3.8% for the next five years
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Major Material Type
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Silica
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Dominant End-Use Industry Type
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Aerospace
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Region with the highest demand
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North America
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Key Players
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Arconic Engines, Avignon Ceramics SAS, PCC Airfoils, LLC, CoorsTek Inc., CeramTec (Dai Ceramics), Morgan Advanced Materials, GF Precicast SA, Noritake Co. Ltd, Lanik SRO.
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Market Share Analysis
Ceramic Core Market Share: By Material Type
Based on the material type, the market is segmented as zircon, silica, and alumina. The silica segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period due to its performance benefits, such as high strength and heat resistance.
Ceramic Core Market Share: By End-Use Industry Type
Based on the end-use industry type, the ceramic core market is segmented as aerospace, industrial gas turbine, and others. The aerospace industry segment dominates the market. Further, the growing usage in engine blade investment casting are propelling the growth during the forecast period.
Ceramic Core Market Share: By Region
In terms of regions, North America is estimated to be the largest as well as fastest-growing ceramic core market during the forecast period, with the USA, Mexico, and Canada being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of various end-use industries, such as aerospace, industrial gas turbine, and others, which is generating huge demand for ceramic cores. Asia-Pacific and Europe are also expected to offer substantial growth opportunities during the forecast period.
Some of the major ceramic core manufacturers are-
- Arconic Engines
- Avignon Ceramics SAS
- PCC Airfoils, LLC
- CoorsTek Inc.
- CeramTec (Dai Ceramics)
- Morgan Advanced Materials
- GF Precicast SA
- Noritake Co. Ltd
- Lanik SRO
Market Scope & Segmentation
Ceramic Cores are sacrificial ceramic structures largely used for making cavities that are too small or complex to be machined within investing casting procedures. Ceramic Cores are of different types, such as Zircon, Silica, and Alumina, that are used in various end-use industries, such as aerospace, industrial gas turbine, and others.
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.
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Ceramic Core Market Research Report - Features
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Market Segmentation
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3
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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9
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The ceramic core market is segmented into the following categories.
Ceramic Core Market Size, Share, & Forecast, by Material Type:
- Zircon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Silica (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Alumina (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Ceramic Core Market Size, Share, & Forecast, by End-Use Industry Type:
- Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Industrial Gas Turbine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (End-Use Industry Type Analysis: Healthcare, Sports, and Automotive)
Ceramic Core Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of 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 book, press release, journals, investor presentation, 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 the 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. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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 end-use industry 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 at [email protected].
