Market Overview:
The global machinable ceramic material market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for machinable ceramic material from various end-use industries, such as aerospace, industrial, medical, semiconductor and others. In terms of type, the fluorophlogopite glass ceramic material segment is expected to lead the global machinable ceramic material market during the forecast period. This can be attributed to its properties such as high thermal shock resistance and low coefficient of thermal expansion (CTE). In terms of application, the aerospace industry segment is projected to lead the global machinable ceramic material market during the forecast period.
Product Definition:
A machinable ceramic material is a type of ceramic that can be machined using standard metalworking tools and techniques. This type of ceramic is typically used in precision parts and components where high accuracy and tight tolerances are required.
Fluorophlogopite Glass Ceramic Material:
Fluorophlogopite glass ceramic material is a new addition to the machinable ceramic material family. It has been added as an alternative to bauxite and alunite in various applications such as refractory, high-temperature insulation, and cutting tools.
Non-oxide Ceramic Material:
Non-oxide ceramic material is a new term in the machinable ceramic material market. It means that the product can be cut, but it will not give off any smoke or fire when it's done. The cutting of non-oxide ceramics may produce some dust, but it will not spread around and cause an explosion like oxide materials do when they're cut too hard or hot.
Application Insights:
The aerospace industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this industry can be attributed to increasing air travel, which has resulted in an increased demand for aircraft components. Aircraft components such as engine parts, cabin interiors and exterior surfaces are manufactured using machinable ceramic materials.
The industrial application segment is also expected to witness significant growth during the forecast period owing to rising demand from various industries including oil & gas, automotive and construction among others. Ceramic products used in industrial applications include raw material procured from reliable sources ensuring consistent quality along with low prices thereby boosting product consumption in this segment over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a shift in production landscape towards emerging economies, particularly China and India. In addition, increasing demand for commercial aircraft is projected to drive the regional market over the forecast period.
Asia Pacific was valued at USD X billion in 2017 and is anticipated to register a CAGR of XX% from 2018 to 2030 owing high product availability along with low-cost labor force in countries such as China, India and Japan as compared to other developed regions such as North America or Europe.
The Latin American market for machinable ceramic materials was valued at USD X million in 2016.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for machinable ceramic material as a result of its properties such as light weight, high strength, and thermal insulation.
- Growing demand for medical implants made of machinable ceramic material due to its biocompatibility and corrosion resistance properties.
- Rising popularity of 3D printing technology which is used to produce objects from a digital model using various materials including machinable ceramic material.
- Increasing research and development spending by manufacturers to develop new applications for machinable ceramic material in sectors such as energy, electronics, and construction industry.
Scope Of The Report
Report Attributes
Report Details
Report Title
Machinable Ceramic Material Market Research Report
By Type
Fluorophlogopite Glass Ceramic Material, Non-oxide Ceramic Material, Other
By Application
Aerospace Industry, Industrial, Medical Industry, Semi-conductor Industry, Other
By Companies
Corning, Tokuyama, Ferrotec, Crystex Composites, Aremco, Ariake Materials, Wuxi Creative Ceramic, INNOVACERA
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Machinable Ceramic Material Market Report Segments:
The global Machinable Ceramic Material market is segmented on the basis of:
Types
Fluorophlogopite Glass Ceramic Material, Non-oxide Ceramic Material, Other
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
Aerospace Industry, Industrial, Medical Industry, Semi-conductor Industry, 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:
- Corning
- Tokuyama
- Ferrotec
- Crystex Composites
- Aremco
- Ariake Materials
- Wuxi Creative Ceramic
- INNOVACERA
Highlights of The Machinable Ceramic Material 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:
- Fluorophlogopite Glass Ceramic Material
- Non-oxide Ceramic Material
- Other
- By Application:
- Aerospace Industry
- Industrial
- Medical Industry
- Semi-conductor Industry
- 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 Machinable Ceramic Material 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Machinable ceramic material is a type of ceramic that can be machined or cut using standard tools. This makes it ideal for use in products such as parts and components, housings, and other objects that need to be precision-machined.
Some of the major players in the machinable ceramic material market are Corning, Tokuyama, Ferrotec, Crystex Composites, Aremco, Ariake Materials, Wuxi Creative Ceramic, INNOVACERA.
The machinable ceramic material market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Machinable Ceramic Material 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 Machinable Ceramic Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Machinable Ceramic Material 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 Machinable Ceramic Material 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 Machinable Ceramic Material Market Size & Forecast, 2020-2028
4.5.1 Machinable Ceramic Material Market Size and Y-o-Y Growth
4.5.2 Machinable Ceramic Material 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 Fluorophlogopite Glass Ceramic Material
5.2.2 Non-oxide Ceramic Material
5.2.3 Other
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 Aerospace Industry
6.2.2 Industrial
6.2.3 Medical Industry
6.2.4 Semi-conductor Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Machinable Ceramic Material 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 Machinable Ceramic Material 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 Fluorophlogopite Glass Ceramic Material
9.6.2 Non-oxide Ceramic Material
9.6.3 Other
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 Aerospace Industry
9.10.2 Industrial
9.10.3 Medical Industry
9.10.4 Semi-conductor Industry
9.10.5 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 Fluorophlogopite Glass Ceramic Material
10.6.2 Non-oxide Ceramic Material
10.6.3 Other
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 Aerospace Industry
10.10.2 Industrial
10.10.3 Medical Industry
10.10.4 Semi-conductor Industry
10.10.5 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 Fluorophlogopite Glass Ceramic Material
11.6.2 Non-oxide Ceramic Material
11.6.3 Other
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 Aerospace Industry
11.10.2 Industrial
11.10.3 Medical Industry
11.10.4 Semi-conductor Industry
11.10.5 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 Fluorophlogopite Glass Ceramic Material
12.6.2 Non-oxide Ceramic Material
12.6.3 Other
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 Aerospace Industry
12.10.2 Industrial
12.10.3 Medical Industry
12.10.4 Semi-conductor Industry
12.10.5 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 Fluorophlogopite Glass Ceramic Material
13.6.2 Non-oxide Ceramic Material
13.6.3 Other
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 Aerospace Industry
13.10.2 Industrial
13.10.3 Medical Industry
13.10.4 Semi-conductor Industry
13.10.5 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 Machinable Ceramic Material Market: Competitive Dashboard
14.2 Global Machinable Ceramic Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corning
14.3.2 Tokuyama
14.3.3 Ferrotec
14.3.4 Crystex Composites
14.3.5 Aremco
14.3.6 Ariake Materials
14.3.7 Wuxi Creative Ceramic
14.3.8 INNOVACERA
