The total technical and advanced structural ceramics market in North America was worth $3.2 billion in 2010 and $3.4 billion in 2011. This figure is projected to reach $4.4 billion in 2016 yielding a compound annual growth rate (CAGR) of 5.1% between 2011 and 2016.
Bioceramics is the largest sector, with about 63% of the total monetary value. This sector was worth $2.2 billion in 2011 and is projected to retain its lead with a market value of $2.8 billion in 2016, a CAGR of 5.2%.
The advanced armor and military market segment was $572 million in 2011. This should increase at a CAGR of 4% to reach $696 million in 2016.
PROJECTED NORTH AMERICAN TECHNICAL AND ADVANCED STRUCTURAL CERAMICS
MARKET BY APPLICATION, 2010-2016
Source: BCC Research
This market research report analyzes the market, materials, and recent developments in advanced structural ceramics. The report includes an overview of advanced ceramic materials and discusses production technologies, new applications, and competitive issues. The various businesses entering the field of advanced structural ceramics are presented, and the barriers to entry are discussed. Market projections are given for the next 5 years.
Advanced structural ceramics have the potential to resolve many material-based challenges in process industry, power generation, aerospace, transportation, and military applications. Their wear resistance, corrosion resistance, high temperature resistance, and light weight represent a superior combination of qualities. These materials may help to decrease energy consumption and minimize pollution. Breakthroughs in advanced ceramics technology are having far-reaching impact on global business and society.
Companies that may be interested in this report include:
The report analyzes materials used in each structural ceramic application category and their respective properties, processing technologies, properties, prices, and North American markets. The qualitative and quantitative judgments in this report represent a valuable contribution to the knowledge of advanced structural ceramic materials, components, processing techniques, applications, and markets.
Richard Hilton has a broad business background, which includes many years as an analyst, project manager, product manager, and director of marketing for a major industrial firm. He has managed business planning, marketing research and communications, and product development.
He has experience as an editor of newsletters exploring emerging technologies and also has taught mathematics. Mr. Hilton has a Bachelor of Science in Business Logistics from Pennsylvania State University and a Master of Business Administration from Southern Illinois University. Of special interest to this study is his work on rare earths, catalysts, and ultrapure materials.