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Global Automotive Ceramics Market Analysis & Outlook: 2017-2018 to 2022 - Increased Use as an Alternative to Metals and Plastics is a Major Driver - ResearchAndMarkets.com

July 6, 2018

DUBLIN--(BUSINESS WIRE)--Jul 6, 2018--The “Automotive Ceramics Market by Material (Alumina Oxide Ceramic, Titanate Oxide Ceramic, Zirconia Oxide Ceramic), Application (Automotive Engine Parts, Automotive Exhaust Systems, Automotive Electronics), and Region - Global Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.

The automotive ceramics market is expected to grow from USD 1.59 Billion in 2017 to USD 2.05 Billion by 2022, at a CAGR of 5.2% from 2017 to 2022.

Automotive ceramics find application in various automotive applications due to their unique properties. Contrary to conventional materials (metals & plastics), automotive ceramic products are lighter in weight, durable, and have better corrosion resistance properties. These factors are expected to drive the automotive ceramics market during the forecast period.

The automotive ceramics market has been classified on the basis of material into alumina oxide ceramic, titanate oxide ceramic, zirconia oxide ceramic, and others. Among materials, the zirconia oxide ceramic segment is projected to grow at the highest CAGR during the forecast period.

On the basis of application, the automotive ceramics market has been classified into automotive engine parts, automotive exhaust systems, automotive electronics, and others. The automotive engine parts application segment is projected to lead the automotive ceramics market during the forecast period.

Market Dynamics

Drivers

Excellent Properties of Automotive Ceramics Increased Use as an Alternative to Metals and Plastics Stringent Gas Emission Regulations Worldwide

Restraints

Higher Cost Than Their Metal and Alloy Counterparts Customization Required for Specific Applications

Opportunities

Incorporation of Low-Cost Production Technologies Increasing Demand From Automotive Electronics Applications and in Battery-Powered Vehicles

Challenges

Issues Pertaining to Recyclability and Reparability

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Automotive Ceramics Market, By Material

7 Automotive Ceramics Market, By Application

8 Automotive Ceramics Market, By Region

9 Competitive Landscape

10 Company Profiles

Kyocera Ceramtec NGK Spark Plug Coorstek Morgan Advanced Materials Saint-Gobain Ceramics Materials Ibiden Ceradyne Corning Elan Technology

For more information about this report visit https://www.researchandmarkets.com/research/v5v8l9/global_automotive?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180706005359/en/

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Related Topics:Ceramics,Automotive Materials

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/06/2018 01:18 PM/DISC: 07/06/2018 01:18 PM

http://www.businesswire.com/news/home/20180706005359/en

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