Dublin, Nov. 24, 2020 (GLOBE NEWSWIRE) -- The "Automotive Ceramics Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.
The global automotive ceramics market is estimated to witness significant growth during the forecast period. Stringent regulations regarding vehicle emission is one of the major factors driving the market growth. Several emerging and developed nations have been facing concerns regarding air pollution. Vehicles have a significant role in the increase in air pollution. In January 2020, United Nations Economic Commission for Europe (UNECE) endorses new stringent vehicle emissions regulation. On 17th January, the draft United Nations (UN) Regulation was endorsed by the Working Party on Pollution and Energy (GRPE). This draft will be submitted to the World Forum for Harmonization of Vehicle Regulation (WP.29).
With the regulation, UNECE will make it easier for countries globally to implement advanced emissions test procedures with a new UN Regulation that features the Worldwide Harmonized Light Vehicles Test Procedure (WLTP). Owing to the increasing focus on vehicle emission, automotive OEMs, and automobile companies, are focusing on advanced materials that contribute to combat the concern of vehicle emission. This leads to the adoption of ceramics in exhaust systems that delivers a highly potential way for the purification of vehicle emissions and reduce carbon footprint. Ceramic filters keep costs low, provide fine filtration of particles, easy to mass-produce, and are extremely durable. Therefore, it is being significantly used in diesel exhaust systems.
Geographically, Asia-Pacific is estimated to witness potential growth during the forecast period, owing to the significant demand for electric cars and the increasing expansion of automotive exhaust systems in the region. For instance, in April 2018, the 15th BENTELER plant in China commenced its operation. The production is focused on press parts and chassis components. The new plant includes a field of 60,000 Sq. meters, of which more than two-third are utilized for manufacturing. This expansion will enable the company to fulfill the needs of its client base, which include Groupe PSA, Ford Motor Co., and Changan Automobile Co., Ltd. This, in turn, is driving the adoption of ceramics in exhaust systems to filter out pollutants, particularly DPF.
Some key players in the market include Kyocera Corp., CeramTec GmbH, CoorsTek, Inc., Morgan Advanced Materials plc, and NGK Spark Plug Co., Ltd. Mergers and acquisitions and geographical expansion are considered as some crucial strategies to increase market share. For instance, in May 2019, Kyocera Corp. declared that Kyocera Fine ceramics GmbH, itis Germany-based headquarter, will acquire the advanced ceramics business of Friatec GmbH. With this acquisition, Kyocera will be able to provide comprehensive service to the customers through domestic manufacturing and sales. In addition, the company also aims to further enhance its fine ceramic business by reinforcing its capabilities to develop and supply prototypes with short delivery times.
Research Methodology
The market study of the global automotive ceramics market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors.
Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
Market Segmentation:
The Report Covers:
Key Topics Covered:
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusions
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Kyocera Corp.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. CeramTec GmbH
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. CoorsTek, Inc.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Morgan Advanced Materials plc
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. NGK Spark Plug Co., Ltd.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.3 Opportunities
5. Market Segmentation
5.1. Global Automotive Ceramics Market by Material
5.1.1. Alumina Oxide Ceramics
5.1.2. Zirconia Oxide Ceramics
5.1.3. Others
5.2. Global Automotive Ceramics Market by Application
5.2.1. Automotive Engine Parts
5.2.2. Automotive Electronics
5.2.3. Automotive Exhaust Systems
5.2.4. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. 3M Co.
7.2. Applied Ceramics, Inc.
7.3. Blasch Precision Ceramics, Inc.
7.4. Ceramdis GmbH
7.5. CeramTec GmbH
7.6. Compagnie de Saint-Gobain S.A.
7.7. CoorsTek, Inc.
7.8. Corning, Inc.
7.9. Dyson Technical Ceramics, Ltd.
7.10. Elan Technology, Inc. (ET)
7.11. Ibiden Co., Ltd.
7.12. INMATEC Technologies GmbH
7.13. International Syalons (Newcastle), Ltd.
7.14. Kyocera Corp.
7.15. McDanel Advanced Ceramic Technologies, LLC
7.16. Morgan Advanced Materials plc
7.17. Murugappa Morgan Thermal Ceramics, Ltd.
7.18. NGK Spark Plug Co., Ltd.
7.19. Ortech, Inc.
7.20. Rauschert GmbH
7.21. Vinayak Techno Ceramics
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