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Alumina Ceramics Value Projected To Reach Around US$ 60 Billion By 2031

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As per industry analysis on advanced ceramics by Fact.MR, a market research and competitive intelligence provider, the global market is anticipated to expand at a robust CAGR of 7% over the forecast period of 2021-2031, reaching US$ 120 Bn at the end of the decade.

Advanced ceramics differ from ceramics, wherein, the materials and processes used in the manufacturing of these ceramics have special properties. These special properties provide advanced ceramics with advanced strength in the form of resistance to heat, corrosion, and wear. Advanced ceramics are designed to overcome the limitations of traditional ceramics while retaining the original properties of ceramic material.

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Advanced Ceramics Market Segmentation

 By Region

By Component Type

Key Takeaways from Market Study

“Advanced ceramics consumption in industrial and metallurgical applications can be attributed to remarkable advances in alloy and metal manufacturing, which have paved the way for modern-day revolution in material technologies and are expected to fuel market growth,” says a Fact.MR analyst.

Market Competition

As the shift towards a low-carbon environment gains widespread momentum, market players are eyeing a significant slice of the piezoelectric ceramics space.

Producing robust transparent ceramic items while retaining translucency is gaining momentous among key manufacturers of advanced ceramics, abreast efforts to address structural heterogeneities.


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