PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1422682
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1422682
Porous Ceramic Market is predicted to record 11.1% CAGR during 2023 and 2032, driven by the increasing demand for efficient filtration and separation technologies in water treatment and environmental applications. The product has unique porosity and high surface area, making it adept at removing impurities and contaminants from liquids and gases.
Porous ceramic materials find utility in bone grafts, dental implants, and drug delivery systems due to their biocompatibility and ability to mimic natural bone structure. As per 2023 report on AAOS Now, an estimated 500,000 bone-grafting procedures took place in U.S. every year, and bone was the second most transplanted tissue, second only to blood transfusions. With the need for reliable and biologically compatible materials, the demand for advanced medical devices and implants increases.
Porous ceramic industry is segmented on the basis of material type, product, end user industry, and region.
Porous ceramic tubes segment will generate substantial revenues during 2023 and 2032, due to its versatility and widespread applicability across various industries. These tubes, characterized by high porosity and robust structure, find increased demand in critical applications such as filtration, separation, and fluid management systems. Advancements in manufacturing techniques, enable the production of tubes with tailored porosity and dimensions, meeting the specific needs of diverse applications, including water treatment and chemical processing.
Automotive segment will record a notable growth through 2032, due to the material usage in emission control systems. Porous ceramics, particularly in the form of catalytic converters, are instrumental in mitigating harmful pollutants from vehicle exhaust gases. The demand for these ceramic components stems from stringent environmental regulations and the sector's commitment to reducing emissions. The unique properties of porous ceramics, including high thermal stability and catalytic efficiency, make them indispensable for achieving effective exhaust gas purification.
Europe porous ceramic industry size is anticipated to grow at a significant pace over 2023-2032, driven by the environmental priorities. The stringent regulatory framework regarding emissions in the automotive sector significantly contributes to the demand for porous ceramics, particularly in catalytic converters. The region's commitment to sustainability and clean energy solutions drives the product adoption in renewable energy applications, such as fuel cells and solar panels.