SOURCE: MarketResearch.com

MarketResearch.com

July 11, 2011 08:08 ET

Advanced Ceramics Market to Reach $5.4 Billion in 2016

ROCKVILLE, MD--(Marketwire - Jul 11, 2011) - MarketResearch.com has announced the addition of the new report "Advanced Ceramics and Nanoceramic Powders," to their collection of Glass & Ceramics market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6443955

Advanced ceramic materials are a mature technology with a very broad base of current and potential applications and a growing list of material compositions. Advanced ceramics are inorganic, nonmetallic materials with combinations of fine-scale microstructures, purity, complex compositions and crystal structures, and accurately controlled additives. Such materials require a level of processing science and engineering far beyond that used in making conventional ceramics. These new generations of high-performance materials have already reached a U.S. market of several billion dollars. Collectively, they represent an enabling technology whose continued development is critical to advances in a host of new high-technology applications, ranging from modern microelectronics to superconductors and nanotechnology.

The outstanding properties possessed by advanced ceramics are achieved through special compositions and microstructures that require very careful control throughout the successive stages of ceramic processing. These stages are: powder synthesis, powder sizing, rheology control, consolidation and forming processes, sintering, final machining, and inspection.

Ceramic powder is a necessary ingredient for most of the structural ceramics, electronic ceramics, ceramic coatings, and chemical processing and environmental related ceramics. For most advanced ceramic components, starting powder is a crucial factor. The performance characteristics of a ceramic component are greatly influenced by precursor powder characteristics. Among the most important are the powder's chemical purity, particle size distribution, and the manner in which the powders are packed in the green body before sintering.

Powders of narrow size distribution can be compacted into ordered arrays and, when in the submicron region, these powders are sintered at reduced temperatures. Consequently, in the processing of advanced ceramics, there is a growing need to develop synthetic techniques capable of producing submicron, chemically pure powders with a tailored size distribution. However, the cost is again the factor since the new synthetic processing techniques are comparatively more expensive than the currently established powder manufacturing methods.

Nanoceramic powders constitute an important segment of the whole nanostructured materials market. These powders are used in an array of applications from microelectronics, optical, chemical, environmental, and magnetic recording.

The U.S. consumed more than $3.1 billion worth of advanced and nanoscale ceramic powders in 2010. Consumption is projected to increase to nearly $3.4 billion in 2011 and $5.4 billion in 2016, a projected compound annual growth rate (CAGR) of 9.9% between 2011 and 2016.

Advanced ceramic powders account for the bulk of the market (i.e. 83% in 2010), with sales of $2.5 billion in 2010, increasing to $4 billion by 2016, for a CAGR of 8.3%.

Nanoscale powders are expected to increase their market share steadily, reaching a 24% market share by 2016. Its market was worth $528 million in 2010. This should increase at a CAGR of 16.4% to reach $1.2 billion in 2016.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6443955

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