Expert Market Research Explores the Top 4 Companies in the Global Advanced Ceramic Market

The global advanced ceramic market is expected to rise at a CAGR of 6.7% in the forecast period of 2023-2028. The key players in the industry include 3M Co., KYOCERA Corporation, Corning Incorporated, Materion Corporation, CoorsTek Inc., and International Ceramics, Inc., among others.

Advanced ceramics are more upgraded than traditional ceramics, having greater strength, increased toughness, and higher resistance to operating temperatures. Advanced ceramics are being used more instead of the traditional ones because of their speed and efficiency.

Alumina, one of the most well-known ceramic materials, is responsible for the rapid growth of the global advanced ceramic industry. This is mainly due to alumina's highly favourable chemical and physical properties, making it suitable for corrosive and structural environments. With its properties, alumina is also ideal in the manufacturing of semiconductors, another widely growing industry, which proportionately helps the ceramic sector grow. Owing to its physical properties, alumina also finds application in the production of electrical insulating materials. All the above factors combined have helped in the rapid growth of this industry.

Due to increased investments in the manufacturing sector, particularly in nations like India, Japan, and China, the Asia Pacific region is predicted to grow significantly over the forecast period. The electronics sector will also play a crucial role in driving market expansion as major companies seek to establish production facilities in the region. Furthermore, with the onset of the coronavirus pandemic, there has been an increase in demand for medical equipment, which is projected to accelerate the region's medical equipment production operations.

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Top 4 Global Advanced Ceramic Companies:

3M Company

3M Company is a diversified American corporation, manufacturing a wide range of products, including abrasives, adhesive tape and related products, and consumer-electronics components. The firm also designs and manufactures materials used in tamperproof packaging and develops methods for assuring the security of documents such as driver’s licenses. Its products are manufactured in more than 100 plants worldwide.

KYOCERA Corporation

Kyocera Corporation, the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as “advanced ceramics”). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of electronic devices, industrial and automotive components, semiconductor packages, solar power generating systems, printers, copiers, and mobile phones.

Corning Incorporated

Corning is one of the world's leading innovators in materials science, with a 167-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramics science, and optical physics, along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives.

Materion Corporation

Materion is one of the world’s premier advanced materials solutions providers. The company is committed to developing, manufacturing, and marketing highly engineered advanced materials for global customers across a wide range of markets, including consumer electronics, defence and science, industrial and aerospace, automotive electronics, telecommunications infrastructure, appliances, medical and energy.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.