North America Advanced Ceramics Market: Analysis Report, Share, Trends and Overview 2021-2027
North America advanced ceramics market
is projected to grow at a CAGR of 5.7% during the forecast period. The key
factors that drive the North American advanced ceramics industry include the
high demand for advanced ceramics from various end-user industries such as
transport, healthcare, energy, and power among others in the region. The North
American region also has the footprints of the major players thriving in the
market, such as General Electric Co., Rolls Royce Holdings Plc, 3M Co., and
many others, which accelerates the growth of the market.
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There are several key activities by
these players in order to contribute to market growth. For instance, in May
2018, the GE Aviation, a subsidiary of General Electric Co., started a factory
in Alabama with an investment of approximately $200 million. The company
majorly focusses on the production of ceramic matrix composites (CMCs)
components that are usually utilized in the hottest portions of jet propulsion.
Further, in October 2018, the company also accomplished the production of
30,000 3D printed fuel nozzle tips. Thus, such activities by the key players
are likely to contribute to the growth of the market over the forecast period.
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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., Applied Ceramics
Inc., Coorstek Inc., Kyocera Corp., and Morgan Advanced Materials PLC
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?
North
America 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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North America Advanced Ceramics Market– Segment
by Country
·
US
·
Canada
Company Profiles
·
3M Co.
·
Applied Ceramics
Inc.
·
Blasch Precision
Ceramics, Inc.
·
CeramTec GmbH
·
COI Ceramics Inc.
·
CoorsTek Inc.
·
General Electric
Co.
·
Kyocera Corp.
·
Materion Corp.
·
Momentive
Performance Materials Inc.
·
Morgan Advanced
Materials PLC
·
Ultramet, Inc.
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