Market Research Report
Porous Ceramic Market Size, Share & Trends Analysis Report By Raw Material, By Application (Automotive, Medical, Energy & Power, Aerospace & Defense, Electronics & Semiconductors), By Region, And Segment Forecasts, 2019 - 2025
|Published by||Grand View Research, Inc.||Product code||923682|
|Published||Content info||176 Pages
Delivery time: 2-3 business days
|Porous Ceramic Market Size, Share & Trends Analysis Report By Raw Material, By Application (Automotive, Medical, Energy & Power, Aerospace & Defense, Electronics & Semiconductors), By Region, And Segment Forecasts, 2019 - 2025|
|Published: December 10, 2019||Content info: 176 Pages||
The global porous ceramics market size is expected to reach USD 12.4 billion by 2025, growing at a CAGR of 11.4%, according to a new report by Grand View Research, Inc. Expansion of the medical industry across the globe coupled with the use of advanced devices and tools is projected to propel the market growth.
Factors such as toughness and strength of the porous ceramics is projected to augment its demand in various medical applications such as acetabular cups and femoral heads for hip replacement, dental implants and restorations, bone fillers, and scaffolds for tissue engineering. This is anticipated to propel the demand for porous ceramics in the medical industry, thereby driving the market growth.
Growing use of raw materials such as alumina and zirconia across various industries owing to properties such as stability, purity, and chemical inertia is likely to result in increased raw material cost. This is projected to limit the market growth over the forecast period. However, rising use of porous ceramic filtration and insulation products in the industrial sector is anticipated to fuel the market growth.
Porous ceramics have low density, low thermal conductivity, low mass, low dielectric constant, thermal stability, high mechanical strength, high permeability, high resistance to chemical attack, and high wear resistance. These properties of the product make it acceptable across various industries such as electrical, automotive, semiconductor, and medical, thereby resulting in high product demand.