The “Automotive Ceramics Market by Material (Alumina Oxide, Titanate Oxide, Zirconia Oxide), Vehicle Type (Passenger Vehicle, Commercial Vehicle), Application (Engine Parts, Exhaust Systems, Automotive Electronics), and Region – Global Forecast to 2028″, automotive ceramics market is expected to grow at a CAGR of 5.7% during the forecast period, from an estimated USD 2.4 billion in 2023 to USD 3.2 billion by 2028. The automotive ceramics market is propelled due to the increasing emphasis on lightweight materials for improved fuel efficiency and regulatory compliance. Additionally, the increasing acceptance of electric vehicles and advancements in ceramic technologies, which enhance durability and performance, continue to bolster the expansion of the market.
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- 217 Market data Tables
- 38 Figures
- 215 Pages and in-depth TOC on “Automotive Ceramics Market – Global Forecast to 2028”.
This report also provides a comprehensive analysis of the companies listed below:
The key players in automotive ceramics market such as Kyocera Corporation (Japan), Ceramtec GmbH (Germany), Niterra (Japan), Coorstek Inc. (US), Morgan Advanced Materials (UK), and others are adopting these strategies to efficiently meet the growing demand for materials, vehicle types, and applications by various industries. Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the automotive ceramics market.