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Industrial ceramics market is growing at a CAGR of 5.9% & projected to reach $12 billion by 2031

Industrial ceramics market to Reach $12,027.3 million, Globally, by 2031 at 5.9% CAGR: Allied Market Research

Global Industrial Ceramics Market Report 2020-2025 - Heavy Demand in Industries Such as Defence and Security, Automotive, Medical, and Electrical and Electronics

Share this article Share this article ResearchAndMarkets.com s offering. Global Industrial Ceramics market was valued at USD 18,119.23 million in the year 2019 with Asia Pacific leading the regional market share. This research report presents the analysis of the Global Industrial Ceramics Market for the historical period of 2015-2019 and the forecast period of 2020-2025. The growth in the global industrial ceramics market is primarily driven by heavy demand for ceramics in industries such as defence and security, automotive, medical, and electrical and electronics. Owing to their ability to demonstrate high efficiency, even in extreme weather conditions, these ceramics are widely integrated in various products and equipment used in these industries.

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