Porous Ceramic Market Analysis Report By Raw Material, By Application, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The porous ceramic market size across the globe was valued at USD 5.8 billion in 2018. It is projected to witness a CAGR of 11.4% over the forecasted years, 2019 to 2025. The surging adoption of porous ceramics across medical, automotive, aerospace, defense, and other industrial sectors is projected to drive market growth. Further, increasing concerns about health coupled with the adoption of advanced medical technologies are triggering the market growth for porous ceramics.

Increasing consumer spending across the healthcare sector is acting as a key contributor to the development of advanced equipment. Also, the implementation of several rules and regulations by statutory governing bodies for safeguarding citizens from toxic and harmful gases is propelling the demand for filters. As porous ceramics are one of the major ingredients in the manufacturing of filters, their market is anticipated to augment in the upcoming years.

These ceramic filters are largely used for removing impurities and providing good quality products owing to properties like good resistance to pressure, corrosion, and temperature. Thus, the demand for porous ceramic is expected to upsurge in the upcoming years. Moreover, rising production demand coupled with the need for enhancing manufacturing efficiency is triggering its demand across food & beverage, infrastructure, and transportation sectors.

But, many industrial applications like ceramic capacitors, electromechanical transducers, and body armor make use of dense ceramic. This is expected to hinder the demand for porous ceramic. However, the rising adoption of lightweight material across the industrial sector is anticipated to promote its demand in the upcoming years.

Application Insights

The global porous ceramic market can be segmented into filtration, insulation, high purity materials, structural components, and other segments based on its application. The insulation segment is anticipated to register significant growth with a CAGR of 11.9% over the forecasted period, 2019 to 2025. This growth can be attributed to the features of porous ceramics like cost-effectiveness, chemical inertness, extended life, and less shrinkage. Further, the rising trend of green buildings is expected to trigger market growth.

These ceramics are replacing the metals across the aerospace and automotive industry due to good strength-to-weight ratio, chemical, and thermal stability. Also, enhanced properties of these porous ceramics like good abrasion resistance and higher mechanical strength are projected to augment their market demand across industrial, defense, and medical sectors.

Raw Material Insights

In 2018, the segment of alumina ceramics held a dominant share across the global market. It is also anticipated to value USD 4.8 Billion until 2025. This can be attributed to their properties like lower bulk density, thermal conductivity, specific heat, and higher specific surface area that make them useful for several applications across automotive, infrastructure, medical and aerospace industries.

The raw material segment of zirconate ceramics is expected to register significant growth in the upcoming years. This can be attributed to its properties like higher wear resistance and strength as compared to the other segments. Moreover, its rising applications across the medical sector like medical prostheses, dental substructures, and bone fillers are estimated to drive the market demand.

Regional Insights

In 2018, Asia Pacific accounted for a significant share across the global porous ceramics market and generated revenue of USD 2.3 Billion. It is also projected to register the fastest growth over the forecasted period, 2019 to 2025. This can be attributed to the rapid industrial expansion across countries like India and China. Moreover, strict rules and regulations being imposed for environmental protection are expected to propel market growth.

The adoption of air & water filtration systems by several industries like metal processing, cement, and chemicals is projected to boost the market growth. Also, rapid growth across the automotive industry is expected to generate huge demand for ceramic filtration products in the upcoming years.

North America is also anticipated to register substantial growth in the upcoming years. This can be attributed to the increasing demand for automotive filters in the production of lightweight and energy-efficient vehicles across countries like the U.S. and Canada. Further, the usage of nanotechnology for filtration processes is anticipated to augment the demand for ceramic filters.

COVID-19 Impact Insights

The global market has been negatively impacted on account of the ongoing COVID-19 crisis. The imposition of lockdown and travel restrictions by governing authorities have stagnated the supply chain of various components related to the automotive and aerospace sectors. Moreover, the lack of availability of skilled laborers and economic instability has reduced the demand for new equipment. But, rapid technological advances being undertaken by key players for enhancing properties of porous ceramic and increase their applications are anticipated to drive the market growth in the post-pandemic period.

Porous Ceramics Market Share Insights

The global market includes key players such as CoorsTek Inc.; Selee Corporation; Nishimura Advanced Ceramics; Rauschert GmbH; KeraNor AS; Noritake Co., Limited; Kyocera Corporation; Toto Ltd.; Applied Materials, Inc.; and LAM Research Corporation.

The key players are majorly focusing on producing cost-effective ceramics to cater to aerospace healthcare, mining, and oil & gas. Also, product development and innovation are being undertaken by these to gain a competitive advantage over other players. Moreover, huge investments are also being made by these players to carry out many R&D activities.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2014 to 2025 in each of the sub-segments. For the purpose of this study, Million Insights has segmented the global porous ceramic market on the basis of raw material, application, and region:

• Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
    • Alumina Ceramics
    • Titanate Ceramics
    • Zirconate Ceramics
    • Ferrite Ceramics
    • Aluminum Nitride
    • Others

• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
    • Filtration (Air Filtration, Liquid Filtration)
        • Automotive
        • Medical
        • Electronics & Semiconductors
        • Energy & Power
        • Industrial
        • Aerospace & Defense
        • Others
    • Insulation
        • Automotive
        • Medical
        • Electronics & Semiconductors
        • Energy & Power
        • Industrial
        • Aerospace & Defense
        • Others
    • High Purity Materials
        • Automotive
        • Medical
        • Electronics & Semiconductors
        • Energy & Power
        • Industrial
        • Aerospace & Defense
        • Others
    • Structural Components
        • Automotive
        • Medical
        • Electronics & Semiconductors
        • Energy & Power
        • Industrial
        • Aerospace & Defense
        • Others
    • Others
        • Automotive
        • Medical
        • Electronics & Semiconductors
        • Energy & Power
        • Industrial
        • Aerospace & Defense
        • Others

• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
    • North America
        • The U.S.
        • Canada
        • Mexico
    • Europe
        • Germany
        • The U.K.
        • France
        • Italy
        • Spain
    • Asia Pacific
        • China
        • India
        • Japan
    • Central & South America
        • Brazil
        • Argentina
    • Middle East & Africa