Skip to main content

Asia-Pacific Automotive Ceramics Market to Witness Growth until 2024

According to TechSci Research report, Global Automotive Ceramics Market By Material, By Application, By Region, Competition, Forecast & Opportunities, 2024, the global automotive ceramics market is expected to grow at a CAGR of around 5% during the forecast period. Automotive ceramics are witnessing adoption on account of their light weight, durability and resistance to corrosion. The stringent government policies regarding emission of greenhouse gases and other harmful pollutants along with the rising focus on electric and hybrid vehicles are further fueling growth in the market. However, higher costs of automotive ceramics are likely to hamper the growth of the market during forecast period.

Download Sample Report https://www.techsciresearch.com/sample-report.aspx?cid=4157
Customers can also request for 10% free customization on this report.

The global automotive ceramics market is segmented based on material, application, region and company. Based on material, the market can be fragmented into Alumina Oxide Ceramics, Titanate Oxide Ceramics, Zirconia Oxide Ceramics and Others. The alumina oxide ceramics holds a significant market share owing to their efficient functioning under high temperature, high pressure, radiation and corrosion. The zirconia oxide segment is anticipated to register the highest CAGR during the forecast period attributable to toughness, strength, chemical resistance and other properties. Based on application, the market can be categorized into Automotive Engine Parts & Accessories, Automotive Exhaust Systems, Automotive Electronics, Catalyst & Support and Others. The automotive engine parts & accessories segment dominates the market due to the light weight, insulation and resistance properties of automotive ceramics.

Kyocera Industrial Ceramics Corporation, Murata Manufacturing Co. Ltd., Momentive Performance Materials Inc., CeramTec GmbH, Oerlikon Surface Solutions AG, Saint-Gobain Ceramics Materials, McDanel Advanced Ceramic Technologies, Dyson Technical Ceramic Ltd., IBIDEN CO., Ltd., Blasch Automotive Ceramics, Inc. and others are some of the leading players operating in global automotive ceramics market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

“Asia-Pacific is expected to be the fastest growing market for automotive ceramics during the forecast period, owing to the rapid economic expansion in the region. Moreover, automotive ceramics manufacturers are shifting to this region on account of developing local markets and greater manufacturing competitiveness of the developing economies. Additionally, increase in automotive manufacturing activities coupled with the region's emergence as a cost-effective production hub is further expected to drive Asia-Pacific automotive ceramics market through 2024.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on " Global Automotive Ceramics Market" @ https://www.techsciresearch.com/report/automotive-ceramics-market/4157.html

Global Automotive Ceramics Market By Material, By Application, By Region, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of global automotive ceramics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global automotive ceramics market.

About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com

Comments

Popular posts from this blog

Integrated Facility Management Market to Cross $ 127 Billion by 2024 : Global Analysis by TechSci Research

According to TechSci Research report, “ Global Integrated Facility Management Market  By Type, By Resource Type, By Solution, By Deployment Type, By End-User, By Region, Competition, Forecast & Opportunities, 2024 ”, integrated facility management market, globally, is projected to surpass $ 127 billion by 2024, on account of growing IoT adoption and increasing demand for connected devices for building automation across various industry verticals. Some of the other key factors that would have a positive impact on global integrated facility management market are growing presence of many enterprises, rising development of sustainable infrastructure, and changing organizational structure & work management. Browse XX market data Figures and Tables spread through XX Pages and an in-depth TOC on     "Global Integrated Facility Management Market" https://www.techsciresearch.com/report/integrated-facility-management-market/3859.html By deplo...

India Rapid Transit System Market By Type, By Ownership, Competition, Forecast & Opportunities, 2024

According to TechSci Research report ,  “ India Rapid Transit System Market  By Type, By Ownership, Competition, Forecast & Opportunities, 2024” , India rapid transit system market is projected to witness substantial growth during the forecast period on account of growing urban population, traffic congestion and rising air pollution. Moreover, increasing population of the country is fueling demand for fast, safe, and economical mode of transportation, which in turn is propelling the growth of India rapid transit system market. In the current scenario, the metro systems are operational in 10 cities in India while about 25 new projects are in the pipeline. The government of India has allocated a fund of around $ 2 billion for the 2018-2019 metro budget. Therefore, increase in the number of metro projects is anticipated to fuel the growth of India rapid transit system market over the next 5 years. However, the major impediment to India rapid transit system market is its cost...

Analysis of Catering Services Market: Latest Trends and Size, Share Forecast Report 2024

According to TechSci Research report,  “ Global  Catering Services Market  By Type, By End User, By Region, Competition, Forecast & Opportunities, 2024 ”,  global catering services market is projected to cross $ 205 billion by 2024, on the back of increasing focus on wellbeing and health by several hospitals, businesses, elderly care centers and educational institutions. Growing popularity of home meal replacements and fresh food subscription services is expected to drive global catering services market during forecast period. Download Sample Report @  https://www.techsciresearch.com/sample-report.aspx?cid=3902 Customers can also request for 10% free customization on this report. By end user, the market has been categorized into industrial, hospitality, educational, healthcare, in-flight and others. Among the end users, industrial category accounted for majority of the global catering services market share in 2018. Expatriates working in differen...