Advanced Ceramics Market size was valued at USD 102.25 billion in 2024 and is set to exceed USD 365.19 billion by the end of 2037, registering over 10.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of advanced ceramics is estimated at USD 110.68 billion.
Increasing consumption of ceramics in the medical industry and notably rising advancements in electronic technologies are estimated to propel the market growth during the forecast period. For instance, ceramic consumption in the U.S rose more than 8% in 2021 as per the estimations.
Increasing use of advanced ceramics in battery parts owing to the thermal, electrical, and flexibility properties is expected to drive the global technical ceramics market over the coming years. As per observations, the flexible lithium ceramic batteries of 100 mAh and 2C passed electricity even in a destructive phase and with this flexibility, they are able to be used in wearables. Moreover, the significantly increasing development of various end use industries is another major factor which is driving the growth of the market over the forecast period.
Author Credits: Rajrani Baghel
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