Research and Markets has published a new report titled, “Advanced Ceramics Market in the US.” An advanced ceramic is a value-added technical ceramic, which is a type of ceramic exhibiting a high degree of industrial efficiency. Currently, the industry worth is approximately $10.5 billion, the report says. The demand for advanced ceramics in the United States is expected to grow by almost four percent on a yearly basis through 2012. Growth in the electronic component market will be based on materials substitution, as ceramics gain use over alternatives. The medical product market will grow the fastest, benefiting from the increasing use of ceramics in joint implants and dental procedures.
Advanced ceramics can be used in personnel protection, E/O packaging, aeropropulsion, power generation, and industrial processing equipment to name a few. Examples of specific uses for advanced ceramics include gas turbine airfoils, rotors, combustors, and exhaust, E/O laser positioning mirrors and packaging, armor, furnace radiant heaters and fans hot gas filtration etc. Benefits reported from these applications include improvements in productivity, operating cost, performance, and quality.
Advanced ceramics market in the US - 2011 report on the $10.5 billion industry
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