Lucintel Forecasts the Global Porous Ceramic Market to Reach $14.3 billion by 2030
Lucintel Forecasts the Global Porous Ceramic Market to Reach $14.3 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global porous ceramic market looks promising with opportunities in the automotive, medical, electronics & semiconductor, industrial, aerospace & defense, and energy & automotive markets. The global porous ceramic market is expected to reach an estimated $14.3 billion by 2030 from $7.3 billion in 2024,at a CAGR of 11.5% from 2024 to 2030. The major drivers for this market are rising product penetration in medical equipment and devices and rising need for filtration products, intensify the requirement for filtration and separation technology installation, as well as, increasing demand in the electronics and semiconductor industry.
A more than 150-page report to understand trends, opportunity and forecast in porous ceramic market to 2030 by raw material (alumina ceramic, titanate ceramic, zirconate ceramic, ferrite ceramic, and aluminum nitride), product (filtration, insulation, high purity material, structural component, and others), application (automotive, medical, electronics & semiconductor, industrial, aerospace & defense, energy & automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that filtration will remain the largest segment over the forecast period because it assist in removing particles from liquids and the air in both typical and high temperature and pressure situations.
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APAC will remain the largest region over the forecast period due to substantial industrial sector expansion in developing nations like China, Indonesia, and India, along with the adoption of stringent environmental protection regulations by the government in tandem with the expansion of the regions industry.
Applied Materials, CoorsTek, Innovacera, KeraNor, Kyocera, Morgan Advanced Materials, NGK Spark Plug, Nishimura Advanced Ceramics, Porvair, STC Superior Technical Ceramics are the major suppliers in the porous ceramic market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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