Advanced ceramics are the materials and processes that are used to make and create ceramics with special properties. Advanced ceramics increase hardness, wear resistance, compressive strength, electrical resistance, and corrosion resistance. The advanced ceramics market is boosting up because the product is being used more and more instead of metal and plastic. Another market driver is medical industry demand. Endoscopy insulators, neurostimulator casings, feed through insulators, precision ceramic components, and dental implants use advanced ceramics. Production costs limit advanced ceramics industry expansion. Advanced ceramics are made by mechanically and chemically transforming raw materials into powder, malleable solid, or slurry. Pressing, extruding, or casting shapes them. Some goods need a second firing to finalize. Firing equipment is expensive.
The global Advanced Ceramics market is forecast to reach at a CAGR of 6.72% between 2022 and 2030.
Key Competitors in the Advanced Ceramics Industry:
3M (Ceradyne Inc.)
3M (Ceradyne Inc.) Ceradyne was founded in 1967. The headquarters of the company is at Western United States. Ceradyne, Inc. develops manufactures, and markets technical ceramic materials, powders, and components for defense, industrial, automotive /diesel, and commercial applications worldwide.3M’s acquisition of Ceradyne Inc took place in 2012. 3M has its operations in more than 65 countries.
AGC Inc.
AGC Inc. was founded in 1907 and the chemical business began in 1917. Its headquarters is at Tokyo,Japan. The company operates into over 30 countries and regions with regional pillars in Japan/Asia, Europe and the Americas. In 2022, AGC Inc. announced its 100% subsidiary AGC Ceramics Co., Ltd. in partnership with AMSKY Technology Co., Ltd., Roland DG Corporation, and Jingdezhen Changnan New Area Zhongxi Investment Partnership have established CERAWEI TECHNOLOGY CO.,LTD, a joint venture in Jingdezhen, China, to expand sales of the 3D printing material BRIGHTORBTM*1 , etc. in China. AGC Ceramics will develop new markets and expand materials sales in China through partnerships with other companies.
Applied Ceramics
Applied Ceramics was founded in 1967 and is headquartered in Atlanta, United States. Applied Ceramics serves clients worldwide.
Kyocera Corporation
Kyocera Corporation is a Japanese multinational ceramics and electronic manufacturer headquartered in Kyoto, Japan which was founded in 1959. It has business presence in the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Kyocera began building a new research and design center at Kagoshima, Japan, in December 2020. The new R&D center focuses on communication and information, environment protection, and energy management technologies.
