India Technical Ceramics Market - Forecast(2021 - 2026)

India Technical Ceramics Market is forecast to reach $240.9 million by 2025, after growing at a CAGR of 11.5% during 2020-2025.  Due to the phenomenal peculiarities such as extreme rigidity, impeccable temperature stability, and outstanding high temperature wear and corrosion resistance, the demand for technical ceramics has captured an enormous range of applications in the sectors of electrical and electronics, medical, automotive, energy and power. Furthermore, technical ceramics are estimated to replace the traditional materials to a high extent owing to their superior functional characteristics and are anticipated to create new opportunities for the growth of the global India technical ceramics industry in the forecast era.


India Technical Ceramics Market Report Coverage

The: “India Technical Ceramics Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the India Technical Ceramics Industry.
By Material: Oxide Ceramics (Alumina Ceramics, Zirconia Ceramics, Titanium Ceramics, and Others) and Non-Oxide Ceramics (Alumina Nitride, Silicon Nitride, Silicon Carbide, and Others)
By Product: Monolithic Ceramics, Ceramic Coatings, Ceramic Matrix Coatings, and Others
By End Use Industry: Electrical and Electronics (Electrical Insulator, Passive Components, and Others), Medical (Medical Implants, Dental Ceramics, Implantable Electro
nics Devices, and Others), Automotive, Industrial, Energy and Power, and Others
By Region: North India, South India, East India, and Western India.


Key Takeaways

  • Unlike other products such as aluminum and steel, technical ceramics show greater corrosion resistance and are also commonly used in the medical and automotive industries.
  • In the automotive, medical, machinery, and electronic & electrical sectors, the sector is subject to strict regulations for its use. In addition, different organizations, such as the U.S. Clean Water Act, control mining activities under CWA Sections 402 and 404 on account of their adverse environmental impact.
  • The COVID-19 pandemic and the resulting government-ordered lockdowns have led to a profound recession impacting virtually every region of the world in 2020; the automotive and electronic markets were especially hard hit, impacting the demand and supply of India technical ceramics market.

India Technical Ceramics Market Segment Analysis - By Material

Non-oxide ceramics held the largest share in the India technical ceramics market in 2019. Non-oxide ceramics are technical ceramics which is classified as inorganic, non-metallic materials. Alumina nitride, silicon nitride, and silicon carbide are some of the non-oxide ceramics used in India. Metallization methods are accessible to allow the use of aluminum nitride in electronics comparable to aluminum and beryllium oxide applications whereas silicon nitride has greater temperature characteristics than other metals mixing high intensity durability and creep tolerance with resistance to oxidation. Moreover, its small coefficient of thermal expansion provides high resistance to thermal shock relative to other ceramic materials. Also, the silicon carbide has been developed into high quality technical grade ceramics with its superior mechanical properties, due to this the material is widely getting used in manufacturing of electrical conductor, and has wide number of applications in flame igniters, resistance heating and electrical components.


India Technical Ceramics Market Segment Analysis - By Product

Ceramic matrix composite product is widely used in the India technical ceramics market. Ceramic matrix composites are used in the automotive industry, as it helps to counter the effect of growing fuel prices and reduce carbon emission. In addition, high-temperature resistance and high tensile strength decrease the use of cooling air in automotive engines, resulting in increased efficiency. Luxury and sports car engine manufacturers tend to use ceramic matrix composites in their engine components because they are stronger lighter and can withstand very high temperatures. They are expected to increasingly replace conventional alloys and metal components in automotive engines, as conventional alloys require extensive cooling air, while ceramic matrix components can operate with little or no cooling. The increasing need for weight reduction and improved efficiency drives demand for ceramic matrix composites.

India Technical Ceramics Market Segment Analysis - By End Use Industry

Electrical and Electronics sector held the largest share in the India technical ceramics market in 2019 and is projected to grow at a CAGR of 13.7% during the forecast period 2020-2025. The use of ceramic components in electro technical assemblies includes material to material joints with one or more metallic joints with one or more metallic components that can include different materials. The Indian electrical equipment industry is anticipated to grow due to rise in Power generation as well as manufacturing of electrical equipment. According to Seconded European Standardization Expert in India (SESEI), electrical equipment industry contributed around 1.35% of India’s GDP in 2017. Also, the Government of India has recognized high growth potential in electrical and electronics industry in coming years and under their formulated a ‘Vision 2022’. The key areas propelling the industry are industry competitiveness, R&D, skill development, promotion of exports, and conversion of latent demand. Therefore, with the rising electrical and electronics industry the demand for India technical ceramics market is expected to grow in the forecast period.


India Technical Ceramics Market Segment Analysis - By Region 

South India held the largest share in India technical ceramics market in 2019. India technical ceramics market is growing at a moderate pace. Due to the increasing consumer spending, mainly in India, on electronics the technical ceramics market is anticipated to boost in the forecast period. Factors such as competitive production rates, fast economic growth and rapid end-use market growth will continue to boost demand for goods over the next five years in India. According to the India Brand Equity Foundation (IBEF), the Indian Appliance and Consumer Electronics (ACE) will rise with a CAGR of 9% and is estimated to reach US$ 48.37 billion in 2022, with electronic hardware in India projected to reach US$ US$ 400 billion by FY24. Moreover, the electrical and electronics and automotive sectors are the major drivers for technical ceramics market in India. Thus, the demand for the technical ceramics market is therefore anticipated to increase in the forecast period owing to these properties.

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Location: United States

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