Ceramic Core Market is Forecasted to Reach USD 710.7 Million by 2032, Says Stratview Research

Stratview Research 14-01-26

The global ceramic core market size was valued at USD 553.5 million in 2024, and is projected to reach USD 710.7 million USD 52.0 billion by 2032, witnessing a market growth CAGR of 2.8% from 2025 to 2032, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global ceramic core market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

https://www.stratviewresearch.com/908/ceramic-core-market.html

Market Statistics:

Market Size in 2024: USD 553.5 million

Market Size in 2025: USD 583.8 million

Market Size in 2032: USD 710.7 million

Growth (CAGR): 2.8% during 2025-2032

Cumulative Sales Opportunity 2025 to 2032: USD 5348.48 million

Leading Product Type: SiO2-Al2O3

Leading Sourcing Type: Outsourcing

Leading Application Type: Airfoils

Leading Industry Type: Aerospace & defense

Leading Region: North America

Forecast Period: 2025-2032

Trend Period: 2019-2023

Base Year: 2024

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Ceramic Core Market:

The global ceramic core market is segmented based on product type, sourcing type, application type, industry type and region.

Based on Product type

  • The ceramic core market is segmented into SiO2-ZrSiO4, SiO2-Al2O3, and others. Among these product types, SiO2-Al2O3 is expected to remain the biggest product category in the coming years, owing to its excellent resistance to high temperatures and stresses, which makes it suitable for applications, particularly where ceramic cores are exposed to extreme heat during the investment casting process.
  • Concurrently, SiO2-ZrSiO4 is preferred for high-performance applications, such as creating internal cavities and passageways within the cast components during the production of complex and high-precision components such as turbine blades and vanes. As a result, it is anticipated to witness the fastest growth in the market during the forecast period.

Based on the Sourcing type –

  • The market is segmented into in-house and outsourcing. Outsourcing can offer several advantages, such as cost savings, reduced capital investment in equipment and facilities, and access to expert knowledge and technology. This allows the company to focus on its core competencies while relying on the expertise of the outsourcing partner to provide high-quality ceramic cores. 
  • As a result, outsourcing is predicted to remain the largest and fastest-growing segment in the market over the next five years. On the other hand, major companies in the investment casting business, such as Howmet Aerospace Inc. and PCC Airfoils LLC, have in-house ceramic core manufacturing capabilities.

Based on the Industry type –

  • The ceramic core market is segmented into aerospace & defense, industrial gas turbines, and others. Among these industry types, aerospace & defense is likely to remain the largest as well as the fastest-growing market category during the forecast period.
  • In aerospace & defense, these cores are crucial and are commonly used in investment casting processes for manufacturing complex and high-temperature-resistant components, such as turbine blades, vanes, and other critical components. The ceramic core is used to create intricate internal geometries in these parts.

To know the most attractive segments, click here for a free sample of the report:

https://www.stratviewresearch.com/908/ceramic-core-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

“North America is expected to remain the largest market for ceramic cores during the forecast period.”

  • With the USA offering lucrative growth opportunities. The country boasts a robust aerospace & defense industry, where ceramic cores are extensively used in the manufacturing of critical components like turbine blades and vanes. In addition, the country is home to a large number of industry stakeholders, including leading market players, such as Morgan Advanced Materials, CoorsTek, Inc., Howmet Aerospace, Inc., and PCC Airfoils, LLC. The region is also the preferred manufacturing base of aerospace and industrial gas turbine manufacturers and their tier players, including raw material suppliers.
  • On the contrary, the Asia-Pacific is likely to be the fastest-growing region during the forecast period, with China, Japan, and India being the major contributors. China, in particular, is likely to maintain its growth momentum in the coming years, owing to the flourishing local aerospace supply chain and the evolving presence of local players in the country.

Ceramic Core Market Drivers:

Some of the key drivers listed in the report are given below.

  • Rising demand for fuel-efficient turbine engines in aerospace and power sectors The push for improved fuel efficiency and reduced operational costs drives manufacturers to develop advanced turbine engines with complex cooling channels, requiring sophisticated ceramic cores for precision casting of intricate blade geometries.
  • Growing aircraft production rates driving turbine blade manufacturing requirements
  • Increased commercial and military aircraft production, particularly narrow-body jets and next-generation fighters, directly increases the demand for ceramic cores used in manufacturing high-performance turbine blades for jet engines.
  • Increasing adoption of advanced single-crystal turbine blade technology worldwide
  • Single-crystal and directionally solidified turbine blades, which offer superior performance at extreme temperatures, rely heavily on ceramic cores to create internal cooling passages, driving specialized ceramic core demand in premium engine applications.
  • Expansion of gas turbine power generation capacity in emerging market economies
  • Rapid industrialization and growing electricity demand in Asia-Pacific, Middle East, and Latin America fuel investments in gas turbine power plants, increasing the need for ceramic cores in industrial turbine component manufacturing.
  • Stringent emission regulations necessitating high-performance engine components
  • Global environmental standards requiring lower NOx emissions and improved thermal efficiency compel engine manufacturers to develop advanced combustion systems and turbine designs that depend on precision ceramic cores for optimal performance.

Competitive Landscape: Top Companies in the Ceramic Core Market:

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the ceramic core market – 

The following are some of the key players in the ceramic core market (arranged alphabetically). 

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

  • How big is the sales opportunity?
  • Which regions offer the best sales opportunities?
  • Which are the most attractive market segments?
  • Which are the top players and their market positioning?
  • How complex is the business environment?
  • What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

About us –

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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