Nanoceramic Powder Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

  • To Be Published : Aug 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

The global nanoceramic powder market size is expected to witness potential gains in the future and register a significant CAGR of 18% over the forecast period (2019 - 2027).

Market Overview

Nanoceramics are inorganic nanoparticles of ceramics that are nonmetallic solids i.e. made of both metallic and nonmetallic compounds. These heat-resistant particles are used for polishing, lapping, grinding, dispersion, and surface treatment. Nanoceramic powder of high purity is used in dielectric applications. Different types of nanoceramic powder include those obtained from oxides, carbides, nitrides, and borides. Nanoceramic powders find application in electrical and electronics, industrial, transportation, medical, chemical, defense, and other end-user industries.

Market Dynamics

Increasing demand for alumina and silica powders for various applications is expected to boost growth of the global nanoceramic powder market over the forecast period. Alumina powder is used in the construction of materials. It is also used as abrasives and catalysts. Alumina ceramic is used to prevent wear and corrosion in plants and mechanical engineering. Nano silica powder is used in paints, plastics, color rubbers, and magnetic materials. It is also used in ceramics porcelain, gypsum, batteries, paints, adhesives, cosmetics, glass, steel, fiber, and glass.

Increasing adoption of nanoceramic powder in the healthcare industry is expected to offer lucrative growth opportunities for the market players. In bone tissue engineering, bioactive scaffolds, host cells and osteogenic signals are used to restore damaged or diseased tissues. Composites of bioactive ceramics closely match the properties of bone. Nanoceramic powder offers a broad platform to the field of bone tissue engineering. Research and development to promote use of nanoceramic powder in the field of space exploration and photovoltaic solar cell is also expected to aid in growth of the market over the forecast period.

Market Outlook

On the basis of region, the market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The market in North America is expected to hold dominant position in the market over the forecast period. The market growth is majorly attributed to emerging applications of nanoceramics in the field of electronics and healthcare.

Asia Pacific is expected to witness significant growth in the market share, owing to increasing demand for bone tissue engineering. The region has high percentage of geriatric population that is prone to several bone-related diseases, which leads to high demand for bone replacement or bone grafting.       

Key Players

Major players operating in the gloabal nanoceramic powder market include, Innovnano, Synkera Technologies, Inc., and Nitto Denko Corporation

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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