LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global advanced ceramics market 2016-2020 report. This research report also lists two other prominent vendors that are expected to impact the market during the forecast period.
Advanced ceramics have been gaining prominence among consumers over the past few years due to the rising awareness regarding their benefits such as high tensile strength, biocompatibility, and durability. Advanced ceramics find extensive applications in medicine, electronics, housing and construction, and aerospace.
Orthopedic implant devices are incorporated with advanced ceramics to treat osteoarthritis and rheumatoid arthritis. The increasing incidence of these diseases will provide for market growth in the medicine segment.
Electrical components, such as antennas, sensors, capacitors, and resistors, are becoming smaller due to the use of advanced ceramics. Therefore, the electronics segment has been a major area of development for ceramics.
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Competitive vendor landscape
According to the report, the global advanced ceramics market is highly fragmented owing to the presence of many small and large vendors. The market is highly competitive and is dominated by large global vendors such as CoorsTek, Morgan Advanced Materials, Kyocera, CeramTec, and Ceradyne. These players have a vast geographical presence with production facilities located worldwide. Nonetheless, there are a sizeable number of small regional vendors with significant shares in the market,” says Swapnil Tejveer Sharma, lead textile, fiber, and composites analyst from Technavio.
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Technavio chemicals and materials research analysts provide the following details about the key vendors:
CeramTec
CeramTec offers advanced ceramic products for use in automotive engineering, electronics, energy and environment, equipment and mechanical engineering, and medical technology industries. The company operates through two business segments: Industrial applications and Medical applications. CeramTec, in the advanced ceramics market, is divided in to four major groups such as silicate ceramics, oxide ceramics, non-oxide ceramics and piezo-ceramics.
Ceradyne (3M Company)
The company manufactures ceramic products, powders, and components that are used in industrial processes. The company manufactures lightweight ceramic armor, boron carbide powders, and ceramic radomes used in the defense. It also manufactures precision ceramics, industrial wear components, and casting products that are used extensively in industrial processes. Ceradyne, in advanced ceramics market, provides solutions that are required in harsh environments.
CoorsTek
The company offers critical components and assemblies to OEMs in consumer goods, energy, consumer staples, healthcare, industrials, materials, information technology, and utilities markets globally. The company offers products such as aircraft armor, alumina coupons, analytical laboratory wares, alumina 995, die collets, domes, impellers, iso‐pressed ceramic shafts, metallized assemblies, oil and gas seals, ring baffles, vacuum bonding, vertical racks, YZ components and others.
Morgan Advanced Materials
The company supplies metals and alloys and has a leading position in developing custom joining materials for different applications. It provides highly engineered solutions for electronics, energy, healthcare, industrial, transportation, defense, and petrochemical industries.
Morgan Advanced Materials in advanced ceramics market operates its business through Morgan engineered materials and Morgan ceramics divisions. The Morgan engineered materials segment offers carbon, silicon carbide, oxide-based ceramics, and advanced polymeric composites. The Morgan ceramics segment offers structural ceramics, electroceramics, and precious metal products. The company's products are known to deliver high performance under extreme conditions.
Kyocera
The company offers materials, components, devices and equipment, and related services. The company's products find application in environmental protection, telecommunications, energy generation, and information processing. Kyocera, in advanced ceramics market, is engaged in the manufacture, development, and sales of inorganic and organic packages and multilayer printed wiring boards for electronic components and devices through its semiconductor parts segment.
Other prominent vendors:
McDanel Advanced Ceramic Technologies
The company manufactures, exports, and supplies high-quality advanced ceramic tubes and components for military, automotive, electronics, and other applications. It provides alumina, mullite, zirconia, and sialon materials.
Saint-Gobain
Saint-Gobain ceramics provides a wide range of technical ceramic materials for a wide variety of customer applications. They are used to manufacture finished components, unfinished machined blanks, high volume pressed net shape components, pressed near net shape blanks, and complex highly machined parts.
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