The North American technical and advanced structural ceramics market reached nearly $3.6 billion in 2012. This market is expected to grow to nearly $3.7 billion in 2013 and $4.8 billion in 2018 with a compound annual growth rate (CAGR) of 5.4% over the five-year period 2013 to 2018.
This market research report is an update of a 2012 BCC Research report that 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 five 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 a vast impact on global business and society.
Entities 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 U.S. 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.
Both primary and secondary research methodologies were used to prepare this study. Findings are based on information derived from interviews with developers, producers and potential producers of advanced structural ceramic materials, components and powders; industry experts; and people who perform research and development (R&D) on monolithic ceramic and ceramic matrix composites. End users were contacted to evaluate the projected demand for technical and advanced structural ceramics. Secondary data were obtained from trade publications, technical journals, government statistics and BCC Research databases. Financial values are presented in constant dollars. Historical financial values are for the years given.
Richard Hilton, the author of the original report on which this update version is based, has a broad business background that includes many years as an analyst, project manager, product manager and director of marketing for a major industrial firm. He has served as an editor of newsletters that explore emerging technologies and he has taught mathematics. Of special interest to this study is his work on rare earths, catalysts and ultrapure materials.
Andrew McWilliams, the analyst responsible for updating the report, is a partner at 43rd Parallel LLC, a Boston-based international technology and marketing consulting firm. Mr. McWilliams is the author of numerous other BCC Research studies, including:
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