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The global automotive ceramics market size reached a valuation of US$ 2.3 billion in 2021, and its value further increased to US$ 2.42 billion in 2022. Projections for the period from 2022 to 2032 indicate a anticipated growth in demand, with a value compound annual growth rate (CAGR) of 5.4%. It is expected to reach a substantial valuation of US$ 6.6 billion by the conclusion of this forecast period.
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Automotive Ceramics Market According to projections from Fact.MR, the outlook for the automotive ceramics industry in the United States looks promising, exceeding US$ 465 million in 2022 and contributing to nearly 32% of the total revenue. Anticipated positive advancements in automotive technology are expected to be key drivers for future growth in the region. The global automotive ceramics market size reached a valuation of US$ 2.3 billion in 2021, and its value further increased to US$ 2.42 billion in 2022. Projections for the period from 2022 to 2032 indicate a anticipated growth in demand, with a value compound annual growth rate (CAGR) of 5.4%. It is expected to reach a substantial valuation of US$ 6.6 billion by the conclusion of this forecast period. Download a Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=6406 In the ever-evolving landscape of the automotive industry, materials innovation plays a pivotal role in shaping the future of mobility. Among these materials, ceramics have emerged as a key player, driving advancements in vehicle performance, efficiency, and sustainability. Lightweight Revolution: Automotive ceramics, known for their lightweight and high-strength properties, are transforming vehicle design. As the industry shifts towards electric vehicles (EVs) and fuel efficiency becomes paramount, ceramics are increasingly being used in components like brake systems and engine parts, contributing to overall weight reduction and improved energy efficiency. Enhanced Durability and Performance: The demand for durability and high performance has led to a surge in the use of ceramics in critical automotive components. Ceramics, particularly in applications like engine components and exhaust systems, offer superior resistance to heat, corrosion, and wear. This results in extended lifespan and enhanced overall performance of vehicles. Electrification and Thermal Management: With the rise of electric vehicles, thermal management becomes a critical aspect of automotive design. Ceramics, known for their excellent thermal insulation properties, are being integrated into battery systems to regulate and manage temperature effectively. This not only ensures optimal battery performance but also addresses safety concerns associated with thermal runaway. Advanced Brake Systems: Ceramic materials are gaining prominence in braking systems, providing benefits such as reduced weight, improved heat dissipation, and enhanced braking performance. High-performance ceramic brake discs are becoming a popular choice in premium and high-performance vehicles, contributing to superior stopping power and durability. Competitive Landscape
Leading players in the industry are focusing on the development of automotive ceramics designed to reduce overall vehicle weight. Moreover, significant research and development (R&D) efforts are underway to manufacture ceramics for automotive electronics, among other expansion strategies. For example, CeramTec GmbH provides a diverse range of silicate ceramics tailored for automotive engineering and lighting technology. These ceramics find widespread use in the production of halogen and xenon headlights, emitting consistently high amounts of UV light. Similarly, Corning Inc. offers MACOR® high-tech glass ceramics, known for being non-porous and virtually impervious to electricity and heat. NASA utilizes these ceramics for over 200 uniquely shaped components in hinge points, windows, and doors for the Space Shuttle orbiter series. In August 2022, Kyocera Corporation announced plans to construct a new production facility at its Kokubu Plant Campus in Kagoshima, Japan. This initiative aims to increase the production capacity of multilayer ceramic capacitors (MLCCs), strengthen engineering development capabilities, and provide ample manufacturing space to accommodate Kyocera's expanding business. In May 2022, CeramTec introduced AlN HP, a new high-performance substrate. AlN, representing aluminum nitride, boasts excellent thermal conductivity, making it ideal for applications in power converters in rail vehicle construction or the alternative energy sector. The "HP" designation signifies the material's superior flexural strength of 450 MPa. Key Segments Covered in Automotive Ceramics Market Study By Type : oFunctional oStructural By Material : oAlumina Oxide oTitanate Oxide oZirconia Oxide oOther Material By Application : oEngine Parts oExhaust Systems oElectronics oOther Applications By Region : oNorth America oEurope oEast Asia oSouth Asia oOceania oLatin America oMiddle East & Africa Get Customization on this Report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=6406 As automotive technology continues to advance, the role of ceramics in shaping the future of mobility becomes increasingly evident. Lightweight, durable, and environmentally friendly, ceramics
are at the forefront of automotive innovations. From electric vehicles to advanced braking systems, the trends and insights in the automotive ceramics market point towards a future where these versatile materials play a central role in defining the next era of transportation. Check Out More Related Reports: Automotive Crankshaft Market Automotive Software Market Autonomous Tractors Market Contact: US Sales Office 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583, +353-1-4434-232 Email: sales@factmr.com
