Global automotive ceramics market to reach $6.6Bn by 2032

8th March 2023
Sheryl Miles

The global automotive ceramics market was valued at $2.3 billion in 2021 and is expected to be valued at $2.42 Billion in 2022.

During the 2022-2032 period of assessment, demand is expected to rise at a 5.4% value CAGR, likely to reach $6.6 Billion.

Increasing utilisation of ceramic materials in the development and manufacturing of glow plugs, electronic fuel pumps, sealing and insulation rings, spark plugs, high-pressure pumps, and valves are likely to positively influence market growth over the projection period.

Growing demand for automotive ceramics in automotive exhaust systems, automotive engine parts, and automotive electronics, drives the growth of the market. Modern electric cars rely on power electronics for the main propulsion motor control, as well as managing the battery system.

Future autonomous cars will rely on powerful computer systems, an array of sensors, networking, and satellite navigation, all of which will require electronics. Hence, sales of automotive ceramics are bound to incline significantly.

The players and manufacturers functional within the global automotive ceramics market are adopting various growth strategies, such as enhancing their product quality, assessing and determining competitive pricing strategies, enhancing their current product inventory, and offering excellent after-sales services, and providing customised solutions in order to retain their consumer base.

Key takeaways from market study

  • The global automotive ceramics demand is likely to surge at a 5.4% CAGR during the forecast period
  • North America dominates the global automotive ceramics market
  • Based on application, electronics to account for a 5.2% CAGR until 2032
  • Alumina oxide segment accounted for more than 40.6% revenue in 2022

“Rapidly expanding automotive manufacturing sector and increasing investments in this sector is projected to drive the growth of the atopic dermatitis market”, says a Fact.MR analyst.

Competitive Landscape

Prominent players are reliant on designing automotive ceramics aimed at reducing the overall weight of vehicles. Additionally, extensive R&D activities are being undertaken for manufacturing ceramics for automotive electronics among other expansion strategies.

  • For instance, CeramTec GmbH offers a broad range of silicate ceramics for automotive engineering and lighting technology. These ceramics are widely deployed for producing halogen and xenon headlights, as they continuously emit high amounts of UV light.
  • Likewise, Corning Inc. offers the MACOR high-tech glass ceramics which are non-porous and virtually impervious to electricity and heat. These are especially deployed by NASA for over 200 distinctly shaped components in hinge points, windows, and doors for the Space Shuttle orbiter series.
  • In August 2022, Kyocera Corporation announced that it will construct a new production facility at its Kokubu Plant Campus in Kagoshima, Japan, to increase its production capacity of multilayer ceramic capacitors (MLCCs), strengthen engineering development capabilities, and ensure ample manufacturing space as Kyocera's business expands.
  • In May 2022, AlN HP is a new high-performance substrate by ceramics specialists CeramTec. AlN stands for aluminium nitride, a material with excellent thermal conductivity ideal for use in power converters in rail vehicle construction or in the alternative energy sector. HP means high performance and expresses the material’s superior flexural strength of 450MPa.

Featured products

Product Spotlight

Upcoming Events

View all events
Latest global electronics news
© Copyright 2023 Electronic Specifier