The "Advanced Ceramics Market in Europe 2022-2026" report has been added to ResearchAndMarkets.com's offering. The advanced ceramics market in Europe is poised to grow by $498.46 mn during 2022-2026
/PRNewswire/ The Advanced Ceramics Market in Europe is set to grow by USD 498.46 million between 2021 and 2026, accelerating at a CAGR of about 4.20% during.
/PRNewswire/ The Advanced Ceramics Market in Europe is set to grow by USD 498.46 million between 2021 and 2026, accelerating at a CAGR of about 4.20% during.
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The global advanced ceramics market size is projected to reach USD 13.2 billion by 2026 from USD 10.3 billion in 2021, at a CAGR of 5.0% during the forecast period.
This growth is attributed to rise in demand in areas such as 5G connectivity, AI, IoT, and 3D printing technology backed by the superior properties of ceramics to withstand corrosive, high-temperature, and hazardous chemical environments. The advanced ceramics market is also expected to benefit from the growing demand in the medical industry owing to their high strength and toughness with bio-inert properties and low wear rates.