Ceramic Binders Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 8.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Ceramic Binders Market Analysis
The ceramic bindersmarket is expected to record a CAGR of over 8% during the forecast period.The major factor driving the market studied is the rising use of binders in various ceramic applications.
- Environmental concerns and health and safety issuesare expected to hinder the growth of the market studied.
- Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China and India.
Ceramic Binders Market Trends
This section covers the major market trends shaping the Ceramic Binders Market according to our research experts:
Advanced Ceramics Segment to Contribute Significant Demand to the Market
- Advanced ceramics exhibit several exceptional properties, such as high resistance to bending, melting, stretching, corrosion, and wear and tear.
- Their physical stability, heat resistance, chemical inertness, good electrical properties, and suitability to be used in mass products, make them a better alternative to metals and plastics. These are even known for high chemical purity and careful processing.
- There are two main sub-classes of advanced ceramics, namely - electroceramics and structural ceramics.
- Electro ceramics find extensive applications in electronic substrates and packaging, as dielectric and piezoelectric ceramics, magnetic ceramics, and optical ceramics.
- Structural ceramics include - automotive ceramics, aerospace, bio-ceramics, and wear-resistant ceramics. These advanced ceramics find applications in various auto components, such as engine blocks, as they improve engine efficiency and cause less pollution.
- Advanced ceramics can be used in the aerospace sector, where turbine blades can be applied to resist extreme temperature and high-pressure conditions.
- Considering the above-mentioned properties, increasing applications of advanced ceramics are likely to boost the market studied, during the forecast period.
Asia-Pacific Dominating the Ceramic Binders Market
- Asia-Pacific was the largest market for ceramic binders globally. Growth in the regional market was driven by the rising demand from advanced ceramics, in major economies, such as China and India.
- Major players are expected to make investments in the ceramic binders market in countries such as India, Indonesia, Vietnam, etc. Such factors, coupled with the rapid growth of Asia-pacific, are instrumental in the expansion of the ceramic binders market.
- The Chinese manufacturing industry is currently the largest in the world. The manufacturing industry in the country is supported by low labor and material costs during its initial growth phase, and better infrastructure and favorable policies, in recent times.
- The growing middle-class population and urbanization of Western China and India have contributed to the increasing demand and production of vehicles, in the region. Thus, showing the demand for ceramic binders in the forecast period.
- China represents one of the largest aerospace industries, across the world, making Asia-Pacific a dominant market. The Chinese government is investing significantly in the aerospace sector, to bolster its domestic manufacturing, and is planning to build new airports, which is expected to drive the MRO market, over the forecast period. Currently, the country is running 2,185 general aviation aircraft and is planning to operate more than 5,000 aircraft and 500 airports, by 2020.
- Therefore the demand for ceramic binders is expected to increase rapidly, during the forecast period.
Ceramic Binders Industry Overview
The ceramic binders market is fragmented in nature. The major companies include KYOEISHA CHEMICAL Co. Ltd, ZIRCAR Ceramics, 3M, and Almatis, and The DuPont Chemical Company among others.
Ceramic Binders Market Leaders
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KYOEISHA CHEMICAL Co. Ltd
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ZIRCAR Ceramics
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3M
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Almatis
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The DuPont Chemical Company
*Disclaimer: Major Players sorted in no particular order
Ceramic Binders Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Increasing Use of Binders in Various Ceramic Applications
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4.1.2 Other Drivers
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4.2 Restraints
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4.2.1 Environmental Concerns and Health and Safety Issues
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4.2.2 Other Restraints
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4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Cement
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5.1.2 Alumina
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5.1.3 Phosphate
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5.1.4 Silica
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5.1.5 Other Types
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5.2 Chemistry
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5.2.1 Organic
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5.2.2 Inorganic
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5.3 Application
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5.3.1 Traditional Ceramics
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5.3.2 Advanced Ceramics
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5.3.3 Abrasives
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5.3.4 Other Applications
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5.4 Geography
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5.4.1 Asia-Pacific
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5.4.1.1 China
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5.4.1.2 India
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5.4.1.3 Japan
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5.4.1.4 South Korea
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5.4.1.5 Rest of Asia-Pacific
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5.4.2 North America
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5.4.2.1 United States
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5.4.2.2 Canada
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5.4.2.3 Mexico
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5.4.3 Europe
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5.4.3.1 Germany
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5.4.3.2 United Kingdom
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5.4.3.3 Italy
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5.4.3.4 France
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5.4.3.5 Rest of Europe
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5.4.4 South America
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5.4.4.1 Brazil
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5.4.4.2 Argentina
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5.4.4.3 Rest of South America
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5.4.5 Middle East & Africa
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5.4.5.1 Saudi Arabia
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5.4.5.2 South Africa
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5.4.5.3 Rest of Middle East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 3M
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6.4.2 Almatis
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6.4.3 Bhiwadi Polymers Limited
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6.4.4 The DuPont Chemical Company
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6.4.5 Kuraray
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6.4.6 Kyoeisha Chemical Co. Ltd
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6.4.7 Polychemistry
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6.4.8 Ransom & Randolph
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6.4.9 Sekisui
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6.4.10 Shreeji chemicals
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6.4.11 Toagosei
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6.4.12 Zicar Ceramics
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Ceramic Binders Industry Segmentation
The global ceramic binders market report includes:
Type | |
Cement | |
Alumina | |
Phosphate | |
Silica | |
Other Types |
Chemistry | |
Organic | |
Inorganic |
Application | |
Traditional Ceramics | |
Advanced Ceramics | |
Abrasives | |
Other Applications |
Geography | |||||||
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Ceramic Binders Market Research FAQs
What is the current Ceramic Binders Market size?
The Ceramic Binders Market is projected to register a CAGR of greater than 8% during the forecast period (2024-2029)
Who are the key players in Ceramic Binders Market?
KYOEISHA CHEMICAL Co. Ltd, ZIRCAR Ceramics, 3M, Almatis and The DuPont Chemical Company are the major companies operating in the Ceramic Binders Market.
Which is the fastest growing region in Ceramic Binders Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Ceramic Binders Market?
In 2024, the Asia Pacific accounts for the largest market share in Ceramic Binders Market.
What years does this Ceramic Binders Market cover?
The report covers the Ceramic Binders Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ceramic Binders Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Ceramic Binders Industry Report
Statistics for the 2024 Ceramic Binders market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Ceramic Binders analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.