The Worldwide Porous Ceramic Industry is Expected to Reach $13.24 Billion by 2028

Dublin, Dec. 21, 2021 (GLOBE NEWSWIRE) -- The "Global Porous Ceramic Market Size, Share & Trends Analysis Report by Raw Material (Alumina, Titanate), Product (Filtration, Insulation), Application (Medical, Automotive), Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

The global porous ceramic market size is expected to reach USD 13.24 billion by 2028, according to the report. It is expected to expand at a CAGR of 10.4% from 2021 to 2028.

The increasing demand for medical equipment in the healthcare sector coupled with the rising need for filtration products is expected to stimulate market growth over the forecast period.

Porous ceramics, as the name implies, have minute holes or pores in their structure owing to which they are light in weight and have low heat capacities. These are used as filtration and insulation products and in high purity materials and structural components as well. Their superior properties have augmented their penetration in various industries including semiconductors, electronics, medical, and automotive.

Filtration is required for several residential and industrial purposes, including heating, ventilation, coffee machines, and air conditioning systems. Porous ceramic filtration products are used for the cleaning of process liquids and the separation of materials in the chemical, pharmaceutical, and food industries. In addition, the products are used in gas separation membranes owing to their properties, such as high-pressure resistance, good permeability, durability, and reliability.

Rising demand has encouraged manufacturers to introduce new products. For instance, in August 2021, CeramTec introduced porous ceramic membranes for cross-flow membrane filtration. These multi-channel tubes are made from alumina for being used in nano, ultra, and microfiltration in various industries including pharmaceuticals and biotechnology.

Increasing investments in the semiconductor industry of Southeast Asia are expected to drive the market growth in Asia Pacific. Superior properties of porous ceramics are propelling their demand in semiconductor wafer handling. In August 2021, Fuji Electric announced to invest an extra JPY 40 billion (~USD 365 million) for expanding the production of power semiconductors in Malaysia. Such investments are anticipated to prove fruitful for market growth.

The market is highly competitive owing to the presence of numerous established players. The key players are expanding their presence to cater to a wider customer base. For instance, in April 2021, CoorsTek, Inc. announced an additional expansion of its manufacturing footprint in Benton, Arkansas, U.S., which is a step in the company's long-term strategy for supporting innovation in the aerospace & defense sector.

Porous Ceramic Market Report Highlights

• The alumina raw material segment is expected to register the second-highest CAGR, in terms of revenue, over the forecast period

• This growth is credited to the high material demand due to its resistance toward wear and corrosion, which makes it highly preferable for use in applications including pump components, automotive sensors, and electronics

• In the product segment, filtration held the largest revenue share in 2020 and is anticipated to maintain its lead over the forecast period. This can be attributed to the high preference for filtration products in processes, such as industrial filtration and molten metal filtration

• The medical application segment is projected to register the fastest CAGR over the forecasted period owing to advancing medical technologies and increasing demand for medical devices

• Asia Pacific held the largest revenue share in 2020 on account of the growth of the manufacturing sector coupled with increased product manufacturing & consumption in the region

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Porous Ceramic Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trends
3.3.2. Technology Trends
3.3.3. Sales Channel Analysis
3.3.4. Vendor Selection Criteria Analysis
3.4. Regulatory Framework
3.5. Porous Ceramic Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunity Analysis
3.5.4. Impact of COVID-19
3.5.5. Market Challenge Analysis
3.6. Porous Ceramic Industry Analysis - Porter's Five Forces
3.6.1. Bargaining power of suppliers
3.6.2. Bargaining power of buyers
3.6.3. Competitive rivalry
3.6.4. Threat of substitutes
3.6.5. Threat of new entrants
3.7. Porous Ceramic Industry Analysis - PESTEL Analysis
3.7.1. Political
3.7.2. Economic
3.7.3. Social
3.7.4. Technological
3.7.5. Environmental
3.7.6. Legal

Chapter 4. Porous Ceramic Market: Raw Material Outlook Estimates & Forecasts
4.1. Definition & Scope
4.2. Porous Ceramic Market: Raw Material Movement Analysis, 2020 & 2028
4.3. Alumina Ceramics
4.3.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
4.4. Titanate Ceramics
4.4.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
4.5. Zirconate Ceramics
4.5.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
4.6. Ferrite Ceramics
4.6.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
4.7. Aluminum Nitride
4.7.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
4.8. Others
4.8.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)

Chapter 5. Porous Ceramic Market: Product Outlook Estimates & Forecasts
5.1. Definition & Scope
5.2. Porous Ceramic Market: Product Movement Analysis, 2020 & 2028
5.3. Filtration
5.3.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
5.4. Insulation
5.4.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
5.5. High Purity Materials
5.5.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
5.6. Structural Components
5.6.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
5.7. Others
5.7.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)

Chapter 6. Porous Ceramic Market: Application Outlook Estimates & Forecasts
6.1. Definition & Scope
6.2. Product Mapping
6.3. Porous Ceramic Market: Application Movement Analysis, 2020 & 2028
6.4. Automotive
6.4.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.5. Medical
6.5.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.6. Electronics & Semiconductors
6.6.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.7. Energy & Power
6.7.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.8. Industrial
6.8.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.9. Aerospace & Defense
6.9.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.10. Others
6.10.1. Market estimates & forecasts, 2017 - 2028 (USD Million) (Kilotons)

Chapter 7. Porous Ceramic Market Regional Outlook Estimates & Forecasts

Chapter 8. Competitive Analysis
8.1. Recent Development & Impact Analysis, By Key Market Participants
8.2. Major Deals & Strategic Alliances
8.3. Company Categorization (Key Innovators, Market Leaders, Emerging Players)
8.4. Vendor Landscape
8.4.1. Competitive market ranking analysis
8.4.2. List of key manufacturers & suppliers
8.4.3. List of prospective end-users
8.4.4. SWOT analysis for key public companies
8.4.4.1. Strengths
8.4.4.2. Weakness
8.4.4.3. Opportunities
8.4.4.4. Threats

Chapter 9. Company Profiles
9.1. Applied Materials, Inc.
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. CoorsTek Inc.
9.2.1. Company Overview
9.2.2. Product Benchmarking
9.2.3. Strategic Initiatives
9.3. INNOVACERA
9.3.1. Company Overview
9.3.2. Product Benchmarking
9.4. KeraNor AS
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.5. Kyocera Corporation
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Morgan Advanced Materials
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. NGK SPARK PLUG CO., LTD.
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Nishimura Advanced Ceramics Co., Ltd.
9.8.1. Company Overview
9.8.2. Product Benchmarking
9.9. NORITAKE CO., LIMITED
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.10. Pall Corporation
9.10.1. Company Overview
9.10.2. Product Benchmarking
9.10.3. Strategic Initiatives
9.11. Porvair plc
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Strategic Initiatives
9.12. SELEE Corporation
9.12.1. Company Overview
9.12.2. Product Benchmarking
9.13. Rauschert Holding GmbH
9.13.1. Company Overview
9.13.2. Product Benchmarking
9.14. Refraction Technologies Corp
9.14.1. Company Overview
9.14.2. Product Benchmarking
9.15. STC Superior Technical Corp.
9.15.1. Company Overview
9.15.2. Product Benchmarking
9.15.3. Strategic Initiatives
9.16. TOTO LTD
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. Product Benchmarking

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