India Advanced Ceramics Market Report 2021: By Key Players, Type, Analysis and Forecast 2021-2027
The Indian advanced ceramics market is
projected to grow at a significant CAGR of 10.1% during the forecast period.
The key factors that drive the market growth include the rising energy &
power sector in the country. India’s power sector is one of the significantly
diversified sectors across the globe. According to IBEF, a total installed
capacity of power stations in India stood at 356.82 Gigawatt (GW) as of May
2019. The increased demand for energy along with the government’s support is
likely to contribute majorly to the growth of the India advanced ceramics
industry over the forecast period. Indian Government is primarily focused on
attaining ‘Power for all’ that has boosted capacity addition in the country.
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Further, the continuous investments and
contributions in strengthening the energy and power sector by the country’s
government also support the growth of the market. For instance, the Ministry of
New and Renewable Energy by the Indian government has rolled out various
schemes to strengthen the energy and power sector of the country. India sees a
wide scope for solar energy development especially from the sunniest sites in
the country such as Gujarat, Rajasthan, and Andhra Pradesh. Along with the
extensive R&D projects in solar energy, foreign investments also create
opportunities in India, which in turn, will enhance the 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,
General Electric Co., S&S Advance Ceramics, and others
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?
India
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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Company Profiles
·
3M Co.
·
Anoop Ceramics.
·
CeramTec GmbH
·
General Electric
Co.
·
Kyocera Corp.
·
RAVIKIRAN CERAMICS
PVT. LTD.
·
Rolls Royce Holding
PLC
·
S&S Advance
Ceramics
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