Market Overview:
The global lead-free piezoceramics market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for lead-free piezoceramics in various applications, such as industrial & manufacturing, automotive, consumer electronics, medical and military among others. In terms of type, sodium bismuth titanate (NBT) based piezoceramics held the largest share in 2017 and is expected to maintain its dominance during the forecast period. However, potassium sodium niobate (BNN) based piezoelectric materials are projected to grow at a higher CAGR owing to their superior properties over other types of lead-free materials.
Product Definition:
Lead-free piezoceramics are materials used in place of lead zirconate titanate (PZT) for the fabrication of high-performance actuators and sensors. Lead-free piezoceramics exhibit improved performance over PZT, including greater mechanical strength, higher Young's modulus, and better thermal stability. These materials are particularly important for applications in which weight or environmental concerns preclude the use of leaded materials.
Sodium Bismuth Titanate (NBT) Based:
Sodium bismuth titanate (NBT) based is a ceramic material with high porosity and low density. It has the ability to absorb lead ions from aqueous solutions, which makes it suitable for use in piezoceramics. NBT is produced by adding sodium bismuth sulfite and titanium dioxide in an organic solvent such as ethylene glycol or water.
Potassium Sodium Niobate (BNN) Based:
Potassium sodium niobate, commonly known as BNN, is a compound of sodium and potassium with formula KSNH. It has a monoclinic crystal structure owing to which it is utilized in lead-free piezoceramics. Lead-free piezoceramics are used in applications that require high purity materials such as sensors or electronic components that come into contact with the environment.
Application Insights:
The industrial & manufacturing application segment led the global lead-free piezoceramics market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The expansion of the automotive sector coupled with rising demand for high-performance ceramics from various end-use industries including electronics, batteries, and turbines is expected to drive product demand in this segment over the coming years.
The consumer electronics application segment accounted for a share of 15.9% in terms of revenue on account of extensive usage in smartphones.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to growing demand for piezoceramics from various end-use industries such as aerospace, automotive, consumer electronics, and others. In North America, Mexico is expected to witness significant growth over the forecast period owing to rapid industrialization along with increasing investments in defense & aerospace sector by U.S.-based companies such as Boeing and Lockheed Martin Corporation is likely to propel product demand over next eight years.
Asia Pacific is anticipated to emerge as a lucrative regional market during the forecast period owing its rapidly expanding manufacturing sector coupled with rising foreign investments in this region has resulted into high product consumption across several applications including consumer electronics and medical devices among others since last few years which will continue driving industry expansion over next eight years or so till 2030 AD (Approx.).
Growth Factors:
- Increasing demand from the automotive industry for lead-free piezoceramics in order to meet stringent emission regulations.
- Growing demand for lead-free piezoceramics in consumer electronics due to their superior acoustic properties compared to traditional materials such as aluminum and copper.
- Rising demand from the medical sector for lead-free piezoelectric ceramics used in ultrasound transducers, bone stimulators, and other medical devices.
- Increasing use of lead-free piezoceramic actuators in aerospace and defense applications due to their high power density and exceptional vibration damping characteristics.
- Proliferation of 3D printing technology which is enabling the development of customized lead-free piezo ceramic components with improved performance characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Lead-Free Piezoceramics Market Research Report
By Type
Sodium Bismuth Titanate (NBT) Based, Potassium Sodium Niobate (BNN) Based, Barium Titanate (BT) Based, Others
By Application
Industrial & Manufacturing, Automotive, Consumer Electronics, Medical, Military, Other
By Companies
KYOCERA, PI Ceramic GmbH, Sumitomo Chemical, Zibo Yuhai Electronic Ceramic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Lead-Free Piezoceramics Market Report Segments:
The global Lead-Free Piezoceramics market is segmented on the basis of:
Types
Sodium Bismuth Titanate (NBT) Based, Potassium Sodium Niobate (BNN) Based, Barium Titanate (BT) Based, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial & Manufacturing, Automotive, Consumer Electronics, Medical, Military, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- KYOCERA
- PI Ceramic GmbH
- Sumitomo Chemical
- Zibo Yuhai Electronic Ceramic
Highlights of The Lead-Free Piezoceramics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sodium Bismuth Titanate (NBT) Based
- Potassium Sodium Niobate (BNN) Based
- Barium Titanate (BT) Based
- Others
- By Application:
- Industrial & Manufacturing
- Automotive
- Consumer Electronics
- Medical
- Military
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lead-Free Piezoceramics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lead-free piezoceramics are ceramics that do not contain any lead. This is a newer type of ceramic that is becoming more and more popular because it has many benefits over traditional ceramics. Lead-free piezoceramics are non-toxic, durable, and have a high resistance to wear and tear. They also have a low coefficient of thermal expansion, which makes them ideal for use in temperature sensitive applications.
Some of the major players in the lead-free piezoceramics market are KYOCERA, PI Ceramic GmbH, Sumitomo Chemical, Zibo Yuhai Electronic Ceramic.
The lead-free piezoceramics market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lead-Free Piezoceramics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lead-Free Piezoceramics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lead-Free Piezoceramics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lead-Free Piezoceramics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lead-Free Piezoceramics Market Size & Forecast, 2020-2028
4.5.1 Lead-Free Piezoceramics Market Size and Y-o-Y Growth
4.5.2 Lead-Free Piezoceramics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Sodium Bismuth Titanate (NBT) Based
5.2.2 Potassium Sodium Niobate (BNN) Based
5.2.3 Barium Titanate (BT) Based
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial & Manufacturing
6.2.2 Automotive
6.2.3 Consumer Electronics
6.2.4 Medical
6.2.5 Military
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lead-Free Piezoceramics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lead-Free Piezoceramics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Sodium Bismuth Titanate (NBT) Based
9.6.2 Potassium Sodium Niobate (BNN) Based
9.6.3 Barium Titanate (BT) Based
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial & Manufacturing
9.10.2 Automotive
9.10.3 Consumer Electronics
9.10.4 Medical
9.10.5 Military
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Sodium Bismuth Titanate (NBT) Based
10.6.2 Potassium Sodium Niobate (BNN) Based
10.6.3 Barium Titanate (BT) Based
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial & Manufacturing
10.10.2 Automotive
10.10.3 Consumer Electronics
10.10.4 Medical
10.10.5 Military
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Sodium Bismuth Titanate (NBT) Based
11.6.2 Potassium Sodium Niobate (BNN) Based
11.6.3 Barium Titanate (BT) Based
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial & Manufacturing
11.10.2 Automotive
11.10.3 Consumer Electronics
11.10.4 Medical
11.10.5 Military
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Sodium Bismuth Titanate (NBT) Based
12.6.2 Potassium Sodium Niobate (BNN) Based
12.6.3 Barium Titanate (BT) Based
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial & Manufacturing
12.10.2 Automotive
12.10.3 Consumer Electronics
12.10.4 Medical
12.10.5 Military
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Sodium Bismuth Titanate (NBT) Based
13.6.2 Potassium Sodium Niobate (BNN) Based
13.6.3 Barium Titanate (BT) Based
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial & Manufacturing
13.10.2 Automotive
13.10.3 Consumer Electronics
13.10.4 Medical
13.10.5 Military
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lead-Free Piezoceramics Market: Competitive Dashboard
14.2 Global Lead-Free Piezoceramics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KYOCERA
14.3.2 PI Ceramic GmbH
14.3.3 Sumitomo Chemical
14.3.4 Zibo Yuhai Electronic Ceramic
