The Asia Pacific Electronic Ceramics Market would witness market growth of 7.5% CAGR during the forecast period (2020-2026). Electronic ceramics is part of ceramic materials that are mainly used for their electrical effect. Technical ceramics are mostly used in the manufacturing industries because of their thermal, mechanical, and chemical stability. Apart from that, their optical, electrical, and magnetic properties are of utmost importance in various key technology areas such as energy conversion and storage, electronic and automation industry, telecommunication industry, etc.
Microwave dielectric materials play an important role in the wide range of applications in satellite & terrestrial communications that include software radio, GPS, and environmental monitoring via satellites. Increasing use of the internet and related services is also a factor that promotes the demand of the electronic ceramic market. Nowadays, more than four billion people around the globe are using the internet. A phone antenna is required for voice transmission and receiving signals is made up of electronic ceramic materials.
Ceramics plays a vital role in the electronic industry with various functions like super conduction, insulation, semi-conduction, magnetic and piezoelectric applications. These processes are very important in the manufacturing of products like television, computers, phones, and other electronic items. Ceramic diesel particulate filter’s demand is expected to grow due to the use of materials which causes serious environmental pollution. China is promoting the ceramics industry market because of the Chinese government’s economic development initiative, investment policy, growing population, and government policies to help in industrial growth.
Based on Material, the market is segmented into Alumina, Silica, Zirconia and Others. Based on Application, the market is segmented into Capacitors, Actuators & Sensors, Power Distribution Devices, Data Storage Devices, Optoelectronic Devices, and Others. Based on End User, the market is segmented into Electronics, Aerospace & Defense, Automobile, Medical, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Electronic Ceramics Market in Asia Pacific is expected to register a CAGR of 7.5% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kyocera Corporation, CoorsTek, Inc., CeramTec GmbH (BC Partners), Morgan Advanced Materials PLC, 3M Company, Murata Manufacturing Co., Ltd., NGK Spark Plug Co., Ltd., Rauschert Steinbach GmbH, Mantec Technical Ceramics Limited and Sparkler Ceramics Pvt. Ltd.
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Companies Profiled
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