The South America advanced ceramics market is estimated to register a CAGR of 8.58%, during the forecast period, 2018-2023. Brazil is estimated to dominate the market in the region, owing to the ongoing recovery in the country’s automotive industry. Electricals & electronics industry is projected to be the major end-user of advanced ceramics in the region.
Advanced ceramics exhibit a number of exceptional properties, such as high resistance to bending, melting, stretching, corrosion, and wear & 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 advanced ceramics find their use in a number of auto components, like engine blocks. It improves engine efficiency and causes less pollution. Advanced ceramics can be used in aerospace sectors, where turbine blades can be applied to resist extreme temperature and high-pressure conditions. All the attributes of advanced ceramics combined is driving the market in the region.
Advanced ceramics reinforce the electronics industry; the average aircraft is packed with electronics. Gradually, these electrical components, such as sensors, antennas, capacitors and resistors, are getting smaller and more capable. Therefore, this is a major area of development for advanced ceramics. With the continuing globalization of the microelectronics industry coupled with localization of manufacturing capabilities, the South American market has several new opportunities for electronics manufacturing. The growing electrical and electronics industry in the region is estimated to boost the demand for advanced ceramics during the forecast period.
Brazil is the third major aerospace manufacturer in the world. The Sao Paulo state in Brazil is the largest aerospace hub in Latin America. The state has around 100 manufacturing facilities out of which 73% are Brazilian units. Embraer, Brazil based aerospace manufacturer is the largest manufacturer of commercial and military aircrafts in the region. During the forecast period, the construction sector in the country is expected to grow at a moderate rate, which is expected to be reflected on advanced ceramics as well.
Major Players: Kyocera Corp., CoorsTek Inc., Ceradyne Inc., Murata Manufacturing Co. Ltd., Corning Incorporated, among others.
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Force Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Raw Material Analysis
4. Market Dynamics
4.1.1 Increased Use as an Alternative to Metals and Plastics
4.1.2 Demand from Automotive Sector
4.2.1 Recyclability and Reparability issues
4.2.2 High Capital Costs
4.3.1 Advancements in Nano Technology
4.3.2 Other Opportunities
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Material Type
5.1.4 Silicon Carbide
5.1.5 Aluminum Nitride
5.1.6 Silicon Nitride
5.1.7 Magnesium Silicate
5.1.8 Pyrolytic Boron Nitride
5.2 By Class
5.2.1 Monolithic Ceramics
5.2.2 Ceramic Matrix Composites
5.2.3 Ceramic Coatings
5.3 By End-user Industry
5.3.1 Electronics and Electricals
5.3.5 Defense & Security
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.7 Rest of South America
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
9.1 Blasch Ceramics
9.2 COI Ceramics Inc.
9.4 CoorsTek, Inc.
9.5 Corning Inc.
9.6 Kyocera Corp.
9.7 Materion Corp.
9.8 Momentive Performance Materials Inc.
9.9 Morgan Advanced Materials
9.10 Murata Manufacturing Co. Ltd.
9.11 Saint–Gobain Ceramic Materials
*List not exhaustive
**Subject to availability on public domain