The document summarizes a report on the technical ceramics market. It states that the global technical ceramics market is projected to reach $7,614.58 million by 2019, growing at an annual rate of 6.49% between 2014 and 2019. It notes that Asia-Pacific, particularly China, currently dominates the market, accounting for over 39.74% of the global market in 2013. Within the industry, ceramic matrix composites represent the fastest growing product segment. Additionally, the electronics industry represents the largest end-user market for technical ceramics.

1. Technical Ceramics Market
by Material, Product, End-
User Industry & by Region -
Trends & Forecasts to 2019

2. Technical Ceramics Market worth $7,614.58 Million by 2019
The report, “Technical Ceramics Market by
Material (Oxides, Non-oxides), by Product
(Monolithic Ceramics, Ceramic Matrix
composites, Ceramic Coatings, Others), by End-
User Industry (Electronics, Automotive, Energy &
Power, Others), and by Region - Trends &
Forecasts to 2019” defines and segments the
technical ceramics market with analysis and
forecast of the market size.

3. Technical Ceramics Market worth $7,614.58 Million by 2019
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77 data tables
59 figures
162 pages and in-depth TOC on “Technical Ceramics
Market”
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Technical Ceramics Market is projected to reach $7,614.58 million
by 2019, signifying firm annualized growth of 6.49% between 2014
and 2019.

4. Technical Ceramics Market worth $7,614.58 Million by 2019
Asia-Pacific – The biggest market of technical ceramics
The technical ceramics market in Asia-Pacific is one of the fastest-growing
consumers across the globe and the trend is expected to continue in the near
future. Asia-Pacific is the biggest market for technical ceramics, and accounted
for a share of more than 39.74% of the total market share in terms of volume
in 2013 which was majorly contributed by China. It is also estimated that China
is the fastest-growing market of technical ceramics in the region owing to
growing population, vast economies–developed as well as developing,
favorable investment policies, and government initiatives to promote industrial
growth.

5. Technical Ceramics Market worth $7,614.58 Million by 2019
Ceramic Matrix Composites – The fastest-growing product segment of
technical ceramics
The ceramic matrix composites are the fastest growing product of technical
ceramics. Asia-Pacific is currently the largest consumer of ceramic matrix
composites, and accounted for a share of 16.93% of the total market size in 2013.
Ceramic matrix composites allow OEMs (Original Equipment Manufacturers) to
customize light-weight and high-temperature resisting composites for various end
industries such as electronics, automotive, aerospace and military & defense.
Electronics industry – The largest market for technical ceramics
The electronics market is one of the largest end-user industries of technical ceramics
and the trend is expected to continue in the near future. Asia-Pacific is the biggest
market for electronics industry, and accounted for a share of more than 34.67% of
the total market size in 2013. It is also estimated that China is the fastest-growing
market of technical ceramics for electronics industry in the region.

6. Technical Ceramics Market worth $7,614.58 Million by 2019
The U.S. and China are at forefront of technical ceramics consumption, while
Germany, France, Japan, and U.K. are other key markets for technical ceramics
consumption. China is the key market in Asia-Pacific, consuming more than half of the
demand for the technical ceramics, followed by Japan, South Korea, and India where
consumption is growing at a steady rate. Increase in the consumption of technical
ceramics for monolithic ceramics, ceramic matrix composites and ceramic coatings has
been observed in Asia-Pacific due to continued industrialization and rise in the
manufacturing sector of the region. Medical industry is projected to be the fastest-
growing application segment followed by military & defence between 2014 and 2019.
Technical ceramics market is expected to witness a slow growth due to the stagnant
market at European economy.
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