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According to the latest research report by IMARC Group, The global technical ceramic market size reached US$ 79.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 114.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.<br><br>More Info:- https://www.imarcgroup.com/technical-ceramic-market
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Global Technical Ceramic Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Technical Ceramic Market Research Report: The latest report by IMARC, titled “Technical Ceramic Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " finds that the global technical ceramic market size reached US$ 79.8 Billion in 2022. Technical ceramics, also known as advanced or engineered ceramics, are inorganic materials manufactured with synthetic raw materials under a controlled process. These materials exhibit high strength and electrical and corrosion resistance properties. They are also customizable and can maintain a precise and high-tolerance finish longer than any other material. Owing to these benefits, technical ceramics are widely utilized in the electronics, healthcare, and automotive industries across the globe. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/technical-ceramic-
Report Description and Highlights Report Description Global Technical Ceramic Market Trends: The market is primarily driven by the increasing utilization of technical ceramics as alternatives to metals, polymers, and refractory materials due to their hardness, chemical stability, and high-temperature properties. Technical ceramics are widely utilized to manufacture liners, shafts, pump plungers, valve seats, spray nozzles, mechanical seals, milling media, knives, lift pins, blades, bushings, and semiconductor rings. In addition, the emergence of advanced technical ceramics, such as aluminum oxide (Al2O3), zirconium dioxide (ZrO2), silicon carbide (SiC), and silicon nitride (Si3N4), that are used in metal forming and machining of parts represents another major growth- inducing factor. Besides this, these ceramics are widely adopted in the healthcare industry to produce hip and knee implants as they offer chemical inertness and high wear resistance. This, coupled with the rising product adoption in dentistry for implants, fillings, and bonding materials in root canal procedures, is positively influencing the market growth. Looking forward, IMARC Group expects the market value to reach US$ 114.5 Billion by 2028, exhibiting a CAGR of 5.4% during the forecast period (2023-2028). Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Breakup by Material Type: • Oxide Ceramic • Non-Oxide Ceramic Breakup by Product: • Monolithic Ceramics • Ceramic Coatings • Ceramic Matrix Composites (CMC) Breakup by End Use Industry: • Electronics and Semiconductor • Automotive • Energy and Power • Medical • Military and Defense • Others
Report Description and Highlights Report Description Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others
Report Description and Highlights Report Description • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • 3M Company Bakony Technical Ceramics CeramTec GmbH Compagnie de Saint-Gobain S.A. CoorsTek Inc. Elan Technology General Electric Company KYOCERA Corporation Mantec Technical Ceramics Ltd. Morgan Advanced Materials plc NGK Spark Plug Co. Ltd. Rauschert GmbH. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/technical-ceramic-market
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