Dallas, Texas, April 06, 2020 (GLOBE NEWSWIRE) -- The “Technical ceramics Market by Material (Oxide, Non-Oxide), Application (Medical & Semiconductor, Automotive, Energy & Power, Industrial, Medical, Military & Defense, Others) and by Region, Global Forecasts 2020 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.
Technical ceramics is a class of materials known for their technological characteristics. Such as strength, fracture toughness, purity, hardness, density, thermal expansion, electrical properties, and dielectric strength. Ceramic material is exceptionally strong when compressed, but poorly produced when placed under a stress or point load.
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The global technical ceramic market is projected to reach more than 200 USD billion by the end of 2025, growing at a CAGR of more than 6% over the foreseeable future. Modern ceramics are anticipated to replace conventional materials strongly over the next 8 years. Ensuring a low-cost supply of fuel is an essential consideration for sustainably and competitively a business in the uncertain market for natural gas.
The most commonly used ceramic material and the cheapest one is the family of alumina materials. When more power is required, ceramic zirconia materials are chosen known for their high strength and durability of fractures. Zirconia, however, is much more expensive than alumina. Ceramics with a high strength are also used in a number of industrial applications to withstand abrasion. But durability is not the only thing to take into account.
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The ceramic material with a low thermal conductivity enables the surface to stay heated in a high friction environment. Industrial applications of advanced structural ceramics continue to increase. Of different industrial use, Modern Ceramics manufactures structural ceramic components.
It is not enough simply to take an already existing structural component and replace it in every detail with a ceramic element to allow intelligent and efficient use of the properties of ceramics. The latest product must not only fulfill the technical review of the specific issue but must also be able to give an acceptable price to service life ratio.
The global market of technical ceramics is also segmented into various geographies such as North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. Asia Pacific accounted for a major market revenue share owing to the presence of China and India. . Key players include 3M, Bakony Ipari Kermia Kft., CeramTec GmbH,CoorsTek Inc., Dyson Technical Ceramics, Kyocera Corporation, Mantec Technical Ceramics Ltd, Morgan Advanced Materials, Saint-Gobain, Rauschert GmbH
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Major points from Table of Contents:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Technical ceramics Market by Type
Chapter 6 Technical ceramics Market by Application
Chapter 7 Technical ceramics Market By Region
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
Chapter 10 Appendix
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