Europe Advanced Ceramics Market Size, Share, Impressive Industry Growth, Report 2027
The European advanced ceramics market is
projected to grow at a CAGR of 6.2% during the forecast period. The market is
primarily sectioned as the UK, Germany, France, Italy, Spain, and the Rest of
Europe. The key factors that drive the European advanced ceramics industry
include the wide adoption of these ceramics by the automakers and aircraft
companies. The major company providing advanced ceramics to these companies
Rolls-Royce Holdings PLC, Safran Group, CeramTec GmbH, H.C. Starck GmbH, and
Rauschert GmbH. Additionally, a number of major aviation companies are located
in Europe including Airbus, Dassault Aviation, and so on, which are providing a
significant opportunity to the market.
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Further, the major automotive players
have their headquarters in Europe including Volkswagen, Daimler, BMW, Robert
Bosch, Peugeot, Renault, Volvo, Continental, and so on. All these companies are
shifting their focus on altering traditional products with advanced ceramics.
Besides, these also export a significant number of automobiles all across the
globe creating a substantial demand for the advanced ceramics in the region
over the forecast period.
Apart from this, the defense &
security sector of the region is also creating opportunities for market growth.
As per the Aerospace and Defense Industries Association of Europe, the European
aerospace and defense industry accounted for around $280 billion in 2018 and is
expected to witness an upsurge in the near future. Thus, these aforementioned
factors together support the regional growth of the market.
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Market
Coverage
·
Market number available for – 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
·
Segment Covered- By Class Type, By End-User
Industry
·
Competitive Landscape- 3M Co., CeramTec GmbH,
Coorstek Inc., Kyocera Corp., Morgan Advanced Materials PLC, Rolls Royce
Holdings Plc, and Rauschert GmbH
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment dominates the market in the base
year?
·
Which segment will project the fastest growth in
the market?
·
How COVID-19 impacted the market?
o Recovery
Timeline
o Deviation
from the pre-COVID-19 forecast
o Most
affected segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
Europe
Advanced Ceramics Market – Segmentation
By
Class Type
·
Monolithic Ceramics
·
Ceramic Matrix Composites
·
Ceramic Coatings
By
End-user Industry
·
Electrical & Electronics
·
Automotive
·
Healthcare
·
Defense & Security
·
Others
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Europe Advanced Ceramics Market– Segment by
Country
·
UK
·
Germany
·
France
·
Italy
·
Spain
·
Rest of Europe
Company Profiles
·
3M Co.
·
CeramTec GmbH
·
CoorsTek Inc.
·
General Electric
Co.
·
H.C. Starck GmbH
·
Kyocera Corp.
·
Morgan Advanced
Materials PLC
·
Rauschert GmbH
·
Rolls Royce Holding
PLC
·
Safran Group
·
SGL Carbon SE
·
Vesuvius PLC
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