The Business Research Company’s report on the Automotive Ceramics Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the automotive ceramics market in recent years?
The growing adoption of electric vehicles (EVs) is expected to propel the growth of the automotive ceramics market going forward. Electric vehicles (EVs) are vehicles powered by electric motors using rechargeable batteries instead of internal combustion engines. The rise in the adoption of electric vehicles (EVs) is due to environmental concerns, government incentives and regulations, and advancements in EV technology. Growing awareness of climate change and the environmental impact of fossil fuels has prompted consumers to seek cleaner alternatives, such as electric vehicles, which produce zero emissions. Automotive ceramics are important in enhancing electric vehicles’ performance, durability, and efficiency (EVs). Their unique properties, such as high-temperature resistance, wear resistance, and lightweight nature, make them ideal for various EV applications. For instance, in December 2024, according to the International Energy Agency, a US-based intergovernmental organization, electric car sales in 2023 saw a year-on-year increase of 35%, with 3.5 million more units sold compared to 2022. Therefore, the growing adoption of electric vehicles is driving the growth of the automotive ceramics market.
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What is the projected market size of the automotive ceramics industry, and how is it expected to grow?
The automotive ceramics market size has grown strongly in recent years. It will grow from $2.29 billion in 2024 to $2.45 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to rising demand for fuel efficiency, stringent emission regulations, growing adoption of electric vehicles, enhanced durability and longevity, and increasing demand for high-performance braking systems.
The automotive ceramics market size is expected to see strong growth in the next few years. It will grow to $3.12 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to the rise in automotive sensor applications, increasing popularity of hybrid vehicles, growing use in turbochargers, surge in demand for autonomous vehicles, and rising popularity of hydrogen fuel cell vehicles. Major trends in the forecast period include the development of low-cost production technologies, the development of affordable innovations, the advancement of battery technologies and fuel cells and electronic components, technological advancements, and the development of fast-changing technologies.
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Who are the key players driving competition in the automotive ceramics market?
Major companies operating in the automotive ceramics market are Saint-Gobain Ceramic Materials, Sumitomo Electric Industries Ltd., Kyocera Corporation, Corning Incorporated, Murata Manufacturing Co. Ltd., Hitachi Metals Ltd., Tosoh Corporation, NGK Insulators Ltd., Ibiden Co. Ltd., Denka Company Limited, CoorsTek Inc., Morgan Advanced Materials plc, Ferrotec Holdings Corporation, CeramTec GmbH, CTS Corporation, Schunk Ingenieurkeramik GmbH, 3M India Limited, Maruwa Co. Ltd., Ceradyne Inc., Nippon Carbon Co. Ltd.
What key trends are expected to drive the automotive casting market during the forecast period?
Major companies operating in the automotive ceramics market are focusing on developing innovative products, such as high-performance ceramic substrates, to enhance thermal management, improve efficiency, and support the growing adoption of electric vehicles. A high-performance ceramic substrate in the automotive industry refers to a specialized ceramic material used as a base or foundation in various automotive components, especially electronic systems. For instance, in May 2023, CeramTec GmbH, a Germany-based chemical company, launched Rub alit ZTA, a high-performance ceramic substrate. This new material offers high flexural strength, good thermal conductivity, excellent electrical insulation, and top-tier dielectric strength. Specifically tailored for use in highly electrified industries and e-mobility, Rub alit ZTA aims to support the growing demand for advanced ceramic solutions in electric vehicles and other high-performance automotive applications.
Which key geographies are driving the growth of the automotive ceramics market?
Asia-Pacific was the largest region in the automotive ceramics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive ceramics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the automotive ceramics market?
The automotive ceramics market covered in this report is segmented –
1) By Material: Alumina, Zirconia, Other Materials
2) By Vehicle Type: Passenger Vehicles, Commercial Vehicles
3) By Application: Engine parts, Automotive electronics, Exhaust systems
Subsegments:
1) By Alumina: High-Purity Alumina, Alumina-Based Composites, Toughened Alumina
2) By Zirconia: Yttria-Stabilized Zirconia (YSZ), Magnesia-Stabilized Zirconia (MSZ), Partially Stabilized Zirconia (PSZ)
3) By Other Materials: Silicon Carbide (SiC), Silicon Nitride (Si3N4), Titanate-Based Ceramics
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How is the automotive ceramics market defined?
Automotive ceramics are high-performance ceramic materials used in the automotive industry to enhance various vehicle components’ durability, efficiency, and performance. These ceramics are engineered to withstand extreme temperatures, wear, and corrosion. Automotive ceramics are commonly employed in applications such as engine components, brake systems, sensors, and coatings, where their properties, such as high thermal stability, low friction, and excellent wear resistance, help improve overall vehicle reliability and efficiency.
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