Global LTCC Powder Market Research Report 2022
Due to the COVID-19 pandemic, the global LTCC Powder market size is estimated to be worth US$ 364.33 million in 2022 and is forecast to a readjusted size of US$ 498.11 million by 2028 with a CAGR of 5.35% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Glass-Ceramic Powder accounting for 72% of the LTCC Powder global market in 2021, is projected to value US$ 382 million by 2028, growing at a revised 5.95% CAGR from 2022 to 2028. While LTCC Tapes segment is altered to an 5.53% CAGR throughout this forecast period.
North America LTCC Powder is the largest producer, was valued at US$ 204 million in 2021, while Europe is the second producer, valued at US$ 60 million. The proportion of the North America was 65% in 2021, while Europe percentage was nearly 20 percent, and it is predicted that North America market share will reach 64% in 2028, trailing a CAGR of 5.25 % through the analysis period. As for the Asia, the notable producers are Japan and South Korea, CAGR is 4.12% and 8.97% respectively for the next 6-year period.
The global major manufacturers of LTCC Powder include DuPont, Ferro Corporation, Heraeus, 3M (Ceradyne), AGC, Nippon Electric Glass, Okamoto Glass, TemenTech, and BASS, etc. In terms of revenue, the global three largest players hold a share over 80 percent of LTCC Powder in 2021.
Global LTCC Powder Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global LTCC Powder Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
DuPont
Ferro Corporation
Heraeus
AGC
Nippon Electric Glass
TemenTech
3M (Ceradyne)
RN2 Technologies
BASS
Okamoto Glass
Segment by Type
Glass-Ceramic Powder
Glass Powder
Segment by Application
LTCC Tapes
Others
Production by Region
North America
Europe
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
Europe
Germany
U.K.
France
Finland
Italy
Rest of Europe
South America
Brazil
Rest of South America
Middle East & Africa
Turkey
Israel
Rest of Middle East & Africa
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