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Advanced Ceramics - International Technology & Market Trends
Market |
Industrial |
Report Type |
Market Research |
Country |
Global |
Published |
1 November 2009 |
Number of Pages |
291 |
- |
|
Publisher |
BizAcumen Inc |
Information technology and electronic industries are emerging as the two bastions of advanced ceramics' market since late '90s. Rising demand for high-performance electronic, computing and communication devices is propping the large-scale adoption of advanced ceramic compositions within these industries. Cross-application synergies are also upstaging, unveiling newer and more sophisticated application platforms for advanced ceramics.
Thus, with the revenue charts increasingly tipping towards the high-end markets, the industry's end user profile is undergoing rapid transformation, away from the conventional end-use markets such as defense equipment, chemical processing, and glass industries. With the spurt unlikely to die down any sooner, the IT and electronic industries are projected to remain dominant and aggressively growing end users of advanced ceramics.
Commercial use of advanced ceramics is limited by the complexity and high costs of implementation; skepticism about the long-term stability and consistency of material properties, coupled with lack of industry-wide standardization, high cost of components and absence of performance tracking deterring the full-scale commercialization of advanced ceramics until recently.
However, burgeoning research and developments and new product innovations are expected to drive new opportunities for advanced ceramics in the coming years. Additionally, growing impetus for environmental protection is likely to bolster demand for the use of the materials in replacement applications that are touted as environmentally unsafe. Of late, rising shipments of commercial and military aircrafts and future orders, particularly from the US and Asian countries, is expected to assure a stable market for advanced ceramic coatings in the next five years.
These and other market data and trends are presented in "Advanced Ceramics: International Technology & Market Trends". Our reports are designed to be most comprehensive in geographic coverage and vertical market analyses.
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