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Ceramic Core Market Report
Ceramic Core Market Size, Share, Trend, Forecast, & Industry Analysis
The Ceramic Core Market is Segmented by Material Type (Zircon, Silica, and Alumina), by End-Use Industry Type (Aerospace, Industrial Gas Turbine, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the Wo...
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 |
3.8% for the next five years |
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Major Material Type |
Silica |
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Dominant End-Use Industry Type |
Aerospace |
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Region with the highest demand |
North America |
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Key Players |
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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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.
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.
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.
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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 |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
9 |
The ceramic core market is segmented into the following categories.
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Some of the major ceramic core manufacturers are-
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.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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 sales@stratviewresearch.com
The ceramic core market is expected to witness an impressive growth of 3.8% CAGR in the foreseeable future.
Arconic Engines, Avignon Ceramics SAS, PCC Airfoils, LLC, CoorsTek Inc., CeramTec (Dai Ceramics), Morgan Advanced Materials, GF Precicast SA, Noritake Co. Ltd, and Lanik SRO are among the key players in the ceramic core market.
North America is expected to remain the largest ceramic core market during the next five years.
The silica segment is expected to remain the dominant material in the ceramic core market.
The aerospace industry segment dominates the ceramic core market
The prime factors driving the growth of ceramic cores market 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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