GITNUX MARKETDATA REPORT 2024

Technical Ceramics Industry Statistics

Technical ceramics industry is expected to experience steady growth due to increasing demand in various industrial applications.

Statistic 1

"The global technical ceramics market size was valued at $84.33 billion in 2020."

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Statistic 2

"The technical ceramics industry is expected to grow at a compound annual growth rate of 4.7% from 2021 to 2028."

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Statistic 3

"The electronic devices segment accounted for the largest share of over 23% of the technical ceramics market in 2020."

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Statistic 4

"By 2027, the global technical ceramics market is estimated to reach $125.9 billion."

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Statistic 5

"The Asia Pacific market dominated the technical ceramics market with a share of over 45% in 2020."

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Statistic 6

"Traditional ceramics are projected to witness considerable growth over the forecast period with a CAGR of 8.6%."

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Statistic 7

"In 2019, the North American market was valued at $ 31.1 billion."

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Statistic 8

"The monolithic ceramics segment held the largest share of over 63% in 2020."

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Statistic 9

"The medical sector is predicted to grow at a CAGR of 5.2% in technical ceramics usage from 2021 to 2028."

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Statistic 10

"Demand in Germany accounts for over 15% of the total European technical ceramics market."

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Statistic 11

"The highest CAGR in the technical ceramics industry is expected in the Asia-Pacific region, predicted at 6.2% from 2016 to 2021."

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Statistic 12

"Oxide ceramics dominated the technical ceramics market in 2019 and are expected to maintain its position during the forecast period."

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Statistic 13

"The automotive end-use industry accounted for the second-largest share of 20.8% in 2020."

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Statistic 14

"The technical ceramics market in India is estimated to grow at a CAGR of over 11% during the forecast period of 2016 to 2021."

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Statistic 15

"The zirconia-based ceramic segment is set to grow by almost 6% annually until 2026."

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Statistic 16

"The military & defense sector is projected to grow at an above-average CAGR of around 5.1% to 2028."

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Statistic 17

"Non-Oxide ceramics market size is anticipated to exceed $3.5 billion by 2026."

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Statistic 18

"The bio-ceramics industry, which relies heavily on technical ceramics, is expected to reach $19.05 billion by 2022."

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Statistic 19

"The electronics segment in the technical ceramics market is projected to reach a value of $41.9 billion by 2025."

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Statistic 20

"The global demand for technical ceramics is predicted to increase 6.7% annually to $100 billion by 2017."

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