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Advanced Ceramics and Nanoscale Ceramic Powder Consuption
In a recent release, from BCC Research/GB US consumption of advanced ceramics and nanoceramic powders is estimated at GBP 1,5 billion, with a market value of nearly USD 3,4 billion in 2011.
Those amounts are projected to reach nearly GBP 2 billion and USD 5,4 billion in 2016, after increasing at a five-year Compound Annual Growth Rate (CAGR) of 9,9 %. US consumption of advanced ceramics is expected to be GBP 1,5 billion, with a value of USD 2,8 billion in 2011, and in 2016 those numbers are projected to reach GBP 2 billion and USD 4,1 billion, yielding CAGRs of 8,3 %. As for nanoceramic powders, their values should surpass USD 600 million in 2011 and reach nearly USD 1,3 billion in 2016, a CAGR of 16,4 % over the next five years. Advanced ceramic powders include oxides, carbides, nitrides, and borides. One of the most recent developments in advanced ceramic powders is nanosized ceramic powders, a new and exciting type of material. Nanoceramic powders constitute an important segment of the nanostructured materials market, and are used in an array of applications, including microelectronics, optical, chemical, environmental, and magnetic recording. This report is directed to the various types of companies that are interested in the developments of this field. These include companies involved in the development, manufacturing, and supplying of advanced materials; manufacturers and suppliers of advanced ceramic raw materials and powders; manufacturers of integrated circuits, piezoelectric elements, capacitors, ferrite magnets and magnetic cores, and superconductor wires; chemical companies; and venture capital companies (8/2011).
