Global High Alumina Ceramic Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global High Alumina Ceramic Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

High Alumina Ceramic is obtained when aluminum oxide crystals are heated until it forms a glassy texture. It is then bonded together with a nonporous body such as ceramic. Once sintered, the alumina ceramic becomes an extremely durable abrasive which not only lasts longer but is extremely easy to clean and maintain.

Market Overview:

The latest research study on the global High Alumina Ceramic market finds that the global High Alumina Ceramic market reached a value of USD 3147.42 million in 2022. It’s expected that the market will achieve USD 4129.45 million by 2028, exhibiting a CAGR of 4.63% during the forecast period.

Emerging and Growing Market of High Alumina Ceramic

North America, Europe, China, India, South America, Korea

In developing market, with the development of economy and technology, people's disposable income increases, consumer electronics, and automobiles continue to grow. In addition, the continuous development of electric power, manufacturing, and mining industries will also increase the demand for high alumina ceramics.

In developed market, they have more international companies, good channels, high market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for high alumina ceramic.

Opportunities

Improve performance
With the progress in science and technology, support of government policies, investment in funds, improvement of the industry environment, there will be more opportunities in high alumina ceramic, and more cost effective, high performance products in the future.
Expansion of production capacity in emerging markets
Some of the strong manufacturers are layout their plans in emerging market, they establish new factory and produce locally, then supply to the local market, which may decrease their marketing cost. What’s more, local manufacturers are emerging on the market, trying to improve their technology and product performance to get a market advantage.
Emerging countries
For example, China, India has the largest population in the world, with the progress of economy, the higher living standards, the development downstream, the market of high alumina ceramics has great market potential.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

CoorsTek is one of the major players operating in the High Alumina Ceramic market, holding a share of 21.36% in 2022.

CoorsTek

CoorsTek, Inc. is a privately owned manufacturer of technical ceramics for semiconductor, medical, automotive, oil and gas, and many other industries. CoorsTek headquarters and primary factories are located in Golden, Colorado, USA, near the foothills west of Denver.

Morgan Advanced Materials

Morgan Advanced Materials is a global manufacturer of specialist products, using carbon, advanced ceramics and composites for a broad range of markets. The company is headquartered in Windsor, Berkshire, United Kingdom.

Segmentation Overview:

By type, 96%-99% Alumina segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Electrical and Electrical segment occupied the biggest share from 2017 to 2022.

Key Companies in the global High Alumina Ceramic market covered in Chapter 3:

GEMSTONE
Materion
Ceradyne (3M)
NGK Spark Plug Co., Ltd.
Ferrotec Ceramics
Morgan Advanced Materials
Kyocera Corporation
Vautid Shah
CoorsTek
Jyoti Ceramic Industries
Rauschert Steinbach GmbH
IPS Ceramics
Saint–Gobain Ceramic Materials
Ortech Advanced Ceramics
Ceramtec GmbH
Sentro Tech

In Chapter 4 and Chapter 14.2, on the basis of types, the High Alumina Ceramic market from 2018 to 2029 is primarily split into:

85%-90% Alumina
91%-95% Alumina
96%-99% Alumina
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the High Alumina Ceramic market from 2018 to 2029 covers:

Electrical and Electronics
Machinery & Manufacturing
Energy and Minerals
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)