The alumina ceramics market was valued at US$ 4,428.90 million in 2019 and is projected to reach US$ 5,615.27 million by 2027; it is expected to grow at a CAGR of 3.5% from 2020 to 2027.
Alumina ceramic is the most advanced engineering ceramic that provides outstanding electrical insulation properties combined with high hardness and good wear resistance, but with relatively low strength and fracture strength. Alumina ceramics are usually white but can also be pink (with 88% alumina) or brown (with 96% Alumina). High-purity alumina ceramics are ideal for environment where wear resistance and corrosive substances are necessary. It has superior thermal stability, which means that it is commonly used in areas where high-temperature tolerance is important. Alumina ceramic is a material of choice for the alumina wear components. Proven wear and a heat resistance of alumina wear parts make them suitable for the manufacturing of wear-resistant components.
In 2019, Asia Pacific was the largest market for alumina ceramics. Exponential growth in the industrial sectors such as automotive, medical, and others has influenced demand for alumina ceramic. Asia is one of the leading electrical and electronics manufacturing markets. Alumina ceramic has great strength and stiffness, thermal stability, wear resistant, hardness, low dielectric constant, corrosion resistance, excellent dielectric properties, chemical resistance. All these properties are driving the alumina ceramic market in Asia Pacific.
The COVID-19 outbreak was first reported in Wuhan (China) during December 2019. As of January 2021, the US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are among the worst affected countries in terms confirmed cases and reported deaths. According to the latest WHO figures updated on January 2021, there are ~83,322,449 confirmed cases and 1,831,412 total deaths globally. The outbreak is adversely affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global chemicals & materials industry is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. For instance, China is the global manufacturing hub and largest raw material supplier for various industries and it is also one of the worst affected countries. The lockdown of various plants and factories in China is restricting the global supply chains and disrupting the manufacturing activities, delivery schedules, and various chemicals & materials sales. Various companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition, the global travel bans imposed by countries in Europe, Asia, and North America are hindering the business collaborations and partnerships opportunities. All these factors are hampering the chemicals & materials industry, and thus act as restraining factors for the growth of various markets related to this industry.
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Alumina Ceramic Market: Strategic Insights
Market Size Value in US$ 4,428.90 Million in 2019 Market Size Value by US$ 5,615.27 Million by 2027 Growth rate CAGR of 3.5% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Alumina Ceramic Market: Strategic Insights
| Market Size Value in | US$ 4,428.90 Million in 2019 |
| Market Size Value by | US$ 5,615.27 Million by 2027 |
| Growth rate | CAGR of 3.5% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Market Insights
Growing Demand for Alumina Ceramic in Automotive and Medical Industries
Alumina ceramic has high electrical insulation, acid and alkali corrosion resistance, and abrasion resistance. Advanced ceramics are used in a range of fields, including automotive and electronic equipment components. The products based on alumina ceramics such as ceramic bearings, mechanical seals, valves, and sensors are used in the automotive sector. For instance, Yttria Stabilized Zirconia—a ceramic material known for its high strength—is suitable for pump components such as fuel injectors and mechanical seals for engines requiring high durability. Further, alumina ceramics are cost-effective and durable than plastics and have found widespread use in the automotive industry, as advanced manufacturing technologies for car components need high-quality materials at an affordable cost. Moreover, ceramics can exhibit a variety of electrical properties, from insulators to resistors to semiconductors. Wide ceramic insulators that carry high-voltage electrical transmission wires are made of alumina. Ceramic insulators, such as alumina, are very strong heat conductors. They can be used as supporting material or as mounting brackets to which other electrical components are connected. For example, electronic devices in a modern car are placed on alumina. When the electronics unit runs, it produces heat, and the backrest of the alumina holds the heat away. This makes it possible for the electronic devices to work efficiently.
Application Insights
Based on application, the alumina ceramics market is segmented into electronics and semiconductors, energy and power, military and defense, automotive, industrial, medical, and others. The electronics and semiconductors segment led the market with the largest share in 2019. Alumina-based ceramics have been used in electrical components for many years due to their high electrical insulation properties. Aluminum ceramics are used for interconnectors, resistors, and capacitors in the electronics industry as it is an inexpensive and robust substrate material for hybrid integrated circuits, surface mounting devices, and sensors. Further, it can also be used for semiconductor applications such as PVD, CVD, and CMP oxide etching, ion implants, and photolithography to name a few. Furthermore, black alumina ceramic substrates are primarily utilized in semiconductor integrated circuits and electronic products due to the high photosensitivity of the majority of electronic goods. Packaging materials need to have strong light-shield properties to ensure the visibility of the digital display. The use of ceramics decreases the effective weight of assembled electronics, fueling ceramics in the electrical and electronics industries. Thus, all these factors drive the growth of the alumina ceramics market for the electronics and semiconductors segment.
A few key market players operating in the alumina ceramics market are Saint Gobain S.A; Xiamen Innovacera Advanced Materials Co., Ltd.; Ceramtec; Sentro Tech; LSP Industrial Ceramics, Inc; Morgan Advanced Materials; Kyocera Corporation; Dynamic Ceramic; BMW Steels Ltd; and Ferrotech Holdings Corporation. Major players in the market are focusing on strategies such as mergers and acquisitions and product launches to expand the geographical presence and consumer base globally.
Alumina Ceramic Market Report Scope
Report Spotlights
- Progressive industry trends in the global alumina ceramics market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global alumina ceramics market from 2017 to 2027
- Estimation of the demand for alumina ceramics across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and the demand for alumina ceramics
- Market trends and outlook coupled with factors driving and restraining the growth of the alumina ceramics market
- Decision-making process by understanding strategies that underpin commercial interest with regard to global alumina ceramics market growth
- Alumina ceramics market size at various nodes of market
- Detailed overview and segmentation of the global Alumina Ceramics market as well as its dynamics in the industry
- Alumina ceramics market size in various regions with promising growth opportunities
Alumina Ceramics Market, by Application
- Electronics and Semiconductors
- Energy and Power
- Military and Defense
- Automotive
- Industrial
- Medical
- Others
Company Profiles
- Saint Gobain S.A
- Xiamen Innovacera Advanced Materials Co., Ltd.
- Ceramtec
- Sentro Tech
- LSP Industrial Ceramics, Inc
- Morgan Advanced Materials
- Kyocera Corporation
- Dynamic Ceramic
- BMW Steels Ltd
- Ferrotech Holdings Corporation
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The electronics and semiconductors segment had a significant market share, and this trend is expected to continue over the forecast period. Alumina-based ceramics have been used in electrical components for many years due to their high electrical insulation properties. Aluminum ceramics are used for interconnectors, resistors, and capacitors in the electronics industry as it is an inexpensive and robust substrate material for hybrid integrated circuits, surface mounting devices, and sensors. Further, it can also be used for semiconductor applications such as PVD, CVD, and CMP oxide etching, ion implants, and photolithography to name a few. Furthermore, black alumina ceramic substrates are primarily utilized in semiconductor integrated circuits and electronic products due to the high photosensitivity of the majority of electronic goods. Packaging materials need to have strong light-shield properties to ensure the visibility of the digital display.
The major players operating in the global alumina ceramic market are Saint Gobain S.A., Xiamen Innovacera Advanced Materials Co., Ltd., Ceramtec, Sentro Tech, LSP Industrial Ceramics, Inc, Morgan Advanced Materials, Kyocera Corporation, Dynamic Ceramic, BMW Steels Ltd., and Ferrotech Holdings Corporation, among others.
In 2019, Asia Pacific was the largest market for alumina ceramics. Exponential growth in the industrial sectors such as automotive, medical, and others has influenced demand for alumina ceramic. Asia is one of the leading electrical and electronics manufacturing markets. Alumina ceramic has great strength and stiffness, thermal stability, wear resistant, hardness, low dielectric constant, corrosion resistance, excellent dielectric properties, chemical resistance. All these properties are driving the alumina ceramic market in Asia Pacific.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Alumina Ceramics Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Alumina Ceramics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Alumina Ceramic in Automotive and Medical Industries
5.1.2 Environmental Friendliness and Reliability of Alumina Ceramics
5.2 Market Restraint
5.2.1 Higher Cost Than Metal and Other Alloys Counterparts
5.3 Market Opportunities
5.3.1 Rising Demand in Medical Industry
5.4 Market Trends
5.4.1 Increased Use as an Alternative to Metals and Plastics
5.5 Impact Analysis of Drivers and Restraints
6. Alumina Ceramics – Global Market Analysis
6.1 Alumina Ceramics Market Overview
6.2 Alumina Ceramics Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Market Players
7. Alumina Ceramics Market Analysis – By Application
7.1 Overview
7.2 Alumina Ceramics Market, By Application (2019 and 2027)
7.3 Electronics and Semiconductors
7.3.1 Overview
7.3.2 Electronics and Semiconductors: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
7.4 Energy and Power
7.4.1 Overview
7.4.2 Energy and Power: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
7.5 Military and Defense
7.5.1 Overview
7.5.2 Military and Defense: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
7.6 Industrial
7.6.1 Overview
7.6.2 Industrial: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
7.7 Automotive
7.7.1 Automotive: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
7.8 Medical
7.8.1 Medical: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
7.9 Others
7.9.1 Others: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
8. Alumina ceramic Market – Geographic Analysis
8.1 Overview
8.2 North America: Alumina ceramic Market
8.2.1 North America: Alumina Ceramic Market – Revenue and Forecast to 2027(US$ Million)
8.2.2 North America: Alumina Ceramic Market, by Applications
8.2.3 North America: Alumina Ceramic Market, by Key Country
8.2.3.1 US: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.2.3.1.1 US: Alumina Ceramic Market, by Application
8.2.3.2 Canada: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.2.3.2.1 Canada: Alumina Ceramic Market, by Application
8.2.3.3 Mexico: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.2.3.3.1 Mexico: Alumina Ceramic Market, by Application
8.3 Europe: Alumina ceramic Market
8.3.1 Europe: Alumina Ceramic Market – Revenue and Forecast to 2027(US$ Million)
8.3.2 Europe: Alumina Ceramic Market, by Application
8.3.3 Europe: Alumina Ceramic Market, by Key Country
8.3.3.1 Germany: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.3.3.1.1 Germany: Alumina Ceramic Market, by Application
8.3.3.2 France: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.3.3.2.1 France: Alumina Ceramic Market, by Application
8.3.3.3 Italy: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.3.3.3.1 Italy: Alumina Ceramic Market, by Application
8.3.3.4 UK: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.3.3.4.1 UK: Alumina Ceramic Market, by Application
8.3.3.5 Russia: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.3.3.5.1 Russia: Alumina Ceramic Market, by Application
8.3.3.6 Rest of Europe: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.3.3.6.1 Rest of Europe: Alumina Ceramic Market, by Application
8.4 Asia Pacific: Alumina ceramic market
8.4.1 Asia Pacific: Alumina Ceramic Market – Revenue and Forecast to 2027(US$ Million)
8.4.2 Asia Pacific: Alumina Ceramic Market, by Application
8.4.3 Asia Pacific: Alumina Ceramic Market, by Key Country
8.4.3.1 Australia: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.4.3.1.1 Australia: Alumina Ceramic Market, by Application
8.4.3.2 China: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.4.3.2.1 China: Alumina Ceramic Market, by Application
8.4.3.3 Japan: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.4.3.3.1 Japan: Alumina Ceramic Market, by Application
8.4.3.4 India: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.4.3.4.1 India: Alumina Ceramic Market, by Application
8.4.3.5 South Korea: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.4.3.5.1 South Korea: Alumina Ceramic Market, by Application
8.4.3.6 Rest of Asia Pacific: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.4.3.6.1 Rest of Asia Pacific: Alumina Ceramic Market, by Application
8.5 Middle East and Africa: Alumina ceramic Market
8.5.1 Middle East and Africa: Alumina Ceramic Market –Revenue and Forecast to 2027(US$ Million)
8.5.2 Middle East and Africa: Alumina Ceramic market, by Application
8.5.3 Middle East and Africa: Alumina Ceramic Market, by Key Country
8.5.3.1 South Africa: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.5.3.1.1 South Africa: Alumina ceramic Market, by Application
8.5.3.2 Saudi Arabia: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.5.3.2.1 Saudi Arabia: Alumina ceramic Market, by Application
8.5.3.3 UAE: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.5.3.3.1 UAE: Alumina ceramic Market, by Application
8.5.3.4 Rest of Middle East and Africa: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.5.3.4.1 Rest of Middle East and Africa: Alumina Ceramic Market, by Application
8.6 South America: Alumina Ceramic Market
8.6.1 South America: Alumina Ceramic Market –Revenue and Forecast to 2027(US$ Million)
8.6.2 South America: Alumina Ceramic Market, by Application
8.6.3 South America: Alumina ceramic Market, by Key Country
8.6.3.1 Brazil: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.6.3.1.1 Brazil: Alumina Ceramic Market, by Application
8.6.3.2 Argentina: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.6.3.2.1 Argentina: Alumina ceramic Market, by Application
8.6.3.3 Rest of South America: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
8.6.3.3.1 Rest of South America: Alumina ceramic Market, by Application
9. Overview- Impact of COVID-19
9.1 North America: Impact Assessment of COVID-19 Pandemic
9.2 Europe: Impact Assessment of COVID-19 Pandemic
9.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
9.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
9.5 South America: Impact Assessment of COVID-19 Pandemic
10. Industry Landscape
10.1 Overview
10.2 Strategy & Business Planning
10.3 Merger and Acquisition
11. Key Company Profiles
11.1 Saint Gobain S.A.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Service
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Xiamen Innovacera Advanced Materials Co., Ltd.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Ceramtec
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Sentro Tech
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 LSP Industrial Ceramics, Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 Morgan Advanced Materials
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.7 Kyocera Corporation
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.8 Dynamic Ceramic
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.9 BMW Steels Ltd.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.10 Ferrotech Holdings Corporation
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Alumina Ceramics Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America Alumina Ceramic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 3. US Alumina Ceramic Market, by Material – Revenue and Forecast to 2027 (US$ Million)
Table 4. Canada Alumina Ceramic Market, by Material – Revenue and Forecast to 2027 (US$ Million)
Table 5. Mexico Alumina Ceramic Market, by Material – Revenue and Forecast to 2027 (US$ Million)
Table 6. Europe Alumina Ceramic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 7. Germany Alumina Ceramic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 8. France Alumina Ceramic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 9. Italy Alumina Ceramic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 10. UK Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 11. Russia Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 12. Rest of Europe Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 13. Asia Pacific Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 14. Australia Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 15. China Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 16. Japan Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 17. India Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 18. South Korea Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 19. Rest of APAC Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 20. Middle East and Africa Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 21. South Africa Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 22. Saudi Arabia Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 23. UAE Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 24. Rest of MEA Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 25. South and Central America Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 26. Brazil Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 27. Argentina Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 28. Rest of SAM Alumina Ceramics Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 29. Glossary of Terms, Alumina Ceramics Market
LIST OF FIGURES
Figure 1. Alumina Ceramics Market Segmentation
Figure 2. Alumina Ceramics Market Segmentation – By Geography
Figure 3. Global Alumina Ceramic Market Overview
Figure 4. Electronics and Semiconductors Segment Held Largest Share of Global Alumina Ceramic Market
Figure 5. Asia Pacific Region Held Largest Share of Global Alumina Ceramic Market
Figure 6. Global Alumina Ceramic Market, Key Market Players
Figure 7. North America PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Alumina Ceramics Market Impact Analysis of Driver and Restraints
Figure 14. Geographic Overview of Alumina Ceramics Market
Figure 15. North America: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Alumina Ceramics Market Revenue Share, By Application (2019 and 2027)
Figure 17. Electronics and Semiconductors: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 18. Energy and Power: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Military and Defense: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Industrial: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Automotive: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Medical: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Others: Alumina Ceramics Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Global Alumina Ceramic Market Revenue Share, by Region (2019 and 2027)
Figure 25. North America: Alumina ceramic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. North America: Alumina Ceramic Market Revenue Share, by Applications (2019 and 2027)
Figure 27. North America: Alumina Ceramic Market Revenue Share, by Key Country (2019 and 2027)
Figure 28. US: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 29. Canada: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 30. Mexico: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. Europe: Alumina Ceramic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Europe: Alumina Ceramic Market Revenue Share, by Application (2019 and 2027)
Figure 33. Europe: Alumina Ceramic Market Revenue Share, by Key Country (2019 and 2027)
Figure 34. Germany: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 35. France: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 36. Italy: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 37. UK: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 38. Russia: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 39. Rest of Europe: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 40. Asia Pacific: Alumina Ceramic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. Asia Pacific: Alumina Ceramic Market Revenue Share, by Material (2019 and 2027)
Figure 42. Asia Pacific: Alumina Ceramic Market Revenue Share, by Key Country (2019 and 2027)
Figure 43. Australia: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 44. China: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 45. Japan: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 46. India: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 47. South Korea: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 48. Rest of Asia Pacific: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 49. Middle East and Africa: Alumina ceramic market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Middle East and Africa: Alumina Ceramic Market Revenue Share, by Application (2019 and 2027)
Figure 51. Middle East and Africa: Alumina Ceramic Market Revenue Share, by Key Country (2019 and 2027)
Figure 52. South Africa: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 53. Saudi Arabia: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 54. UAE: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 55. Rest of Middle East and Africa: Alumina ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 56. South America: Alumina Ceramic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 57. South America: Alumina Ceramic Market Revenue Share, by Application (2019 and 2027)
Figure 58. South America: Alumina ceramic Market Revenue Share, by Key Country (2019 and 2027)
Figure 59. Brazil: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 60. Argentina: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 61. Rest of South America: Alumina Ceramic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 62. Impact of COVID-19 Pandemic in North American Country Markets
Figure 63. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 64. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 65. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 66. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Alumina Ceramics Market
- Saint Gobain S.A
- Xiamen Innovacera Advanced Materials Co., Ltd.
- Ceramtec
- Sentro Tech
- LSP Industrial Ceramics, Inc
- Morgan Advanced Materials
- Kyocera Corporation
- Dynamic Ceramic
- BMW Steels Ltd
- Ferrotech Holdings Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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