Automotive Ceramics Market

Automotive Ceramics Companies - Market Leaders in Automotive Ceramics Market

The automotive ceramics market size is projected to grow from USD 2.4 billion in 2023 to USD 3.2 billion by 2028, registering a CAGR of 5.7% during the forecast period. 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.

Automotive Ceramics Companies

The automotive ceramics market is poised for continuous growth in the upcoming years due to factors such as the surge in electric vehicle adoption and advancements in ceramic technologies.. Key players in the market are focusing on developing innovative products and expanding their geographic reach to tap into new markets. They have adopted various strategies, including acquisitions, new product launches, agreements, expansions, collaborations, and partnerships, to increase their market shares and expand their geographic presence. Companies 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.

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KYOCERA Corporation, a leading manufacturer of fine ceramics, expertise in ceramic materials and advanced manufacturing processes to produce precise and reliable automotive ceramic components meeting diverse industry demands. The company has three operating business segments, core components, electronic components, and solutions. It provides automotive ceramics under core components. The company provides ceramic packages for automotive electronics. The company has a widespread geographic presence and comprises more than 294 subsidiaries globally. A few of the major subsidiaries of KYOCERA Corporation include Dongguan Shilong Kyocera Co., Ltd., Kyocera Asia Pacific Pte. Ltd., Kyocera (Thailand) Co., Ltd., Kyocera International, Inc., Kyocera Senco Industrial Tools, Inc., Kyocera Industrial Tools, Inc., Kyocera Europe GmbH, and Kyocera Unimerco A/S.

CeramTec GmbH is a global leader in the development and manufacturing of advanced ceramics. The company offers a wide range of advanced ceramic products and components tailored to various applications, including the automotive industry. It operates through two business segments such as medical and industrial. The company provides technical ceramics with properties, such as high sensitivity, low energy consumption, and high performance. These materials are utilized in numerous industries, such as automotive, industrial, aerospace, and consumer electronics. The company provides automotive ceramics in the industrial segment. CeramTec provides ceramic solutions designed for autonomous driving scenarios, featuring sensors capable of reliable operation even in adverse conditions such as ice, snow, or dirt buildup. Their ceramic offerings extend to light systems, ballistic protection armor components, and cutting tools essential for automotive manufacturing processes.

Niterra, previously recognized as NGK SPARK PLUG, stands at the forefront of the global industry in technical ceramics and automotive components. The company business divisions include automotive components, ceramics, and new businesses. The Automotive Components segment focuses on producing spark plugs, glow plugs, and automotive sensors crucial for both internal combustion engines (ICE) and electric vehicles (EV). Meanwhile, the ceramics segment manufactures and sells cutting tools and ceramic products for industrial and medical applications. Niterra focuses on pioneering research and development, aimed at providing innovative solutions for the future's societal challenges. The company has an international presence, with 41 group companies, 24 production plants, and five technical centers.

CoorsTek Inc. is one of the global leaders in manufacturing advanced ceramics, semiconductor tooling, plastic tubing, medical devices, and other industrial products. The company develops and manufactures a variety of automotive ceramics that can withstand extremely harsh environments and offer outstanding performance. It is working on improving its current technologies and providing critical components, assemblies, and engineered solutions to major industries worldwide. The company mainly serves the aerospace & defense, semiconductor, oil & gas, automotive, chemicals, and household durables industries, as well as heavy industries such as rail, energy, and mining. The company has developed more than 400 engineered ceramic materials for different end-use industries. It has emphasized the development of customized solutions that satisfy specific end-use requirements.

Morgan Advanced Materials specializes in manufacturing ceramics, molten metal systems, technical ceramics, electrical carbons, and seals & bearings. It operates through two business divisions – thermal products and carbon and technical ceramics. The company offers ceramic and ceramic components for the aerospace, automotive, semiconductor, and power industries. The company operates through two business segments: medical and industrial. The company offers advanced ceramics for automotive through its carbon and technical ceramics business divisions and under industrial business segments. It operates through 17 manufacturing sites for technical ceramics, which are supported by a closely woven sales network across the globe.

Related Reports:

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

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Automotive Ceramics Market Size,  Share & Growth Report
Report Code
CH 5998
RI Published ON
3/21/2024
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