Global Automotive Ceramics Market Outlook

the global automotive ceramics market is growing, as the need for increased performance, improved fuel economy and lower emissions become more important. the market is set to experience significant growth in the coming years, driven by advancements in automotive technology and the automation of vehicles, which can be used to manufacture a variety of components including ceramic-coated parts. due to the demands from the automotive sector, global automotive ceramics market is likely to register compound annual growth rate (cagr) of over 9% during the forecast period 2018-2032. the key drivers for this growth include increasing demand for fuel-efficient mobility, stringent regulations on fuel emissions, integrating advanced ceramics in engine and transmission components, and the growth of automotive aftermarket industry. another major factor fueling this market is the emergence of the hybrid and electric vehicle segment, as it requires high temperature resistant compounds that traditional metals and plastics cannot offer. increasing demand for modern safety systems, such as brakes and catalysts are also expected to be a factor driving demand for automotive ceramics over the forecast period. numerous manufacturers are making use of advanced ceramic materials to improve a vehicle's overall efficiency, as well as reducing its weight and costs. some of the materials being used include silicon nitride, silicon carbide, alumina, zirconia, titania, and ceria. automotive producers seek to use ceramic components that offer greater performance and are more lightweight, leading to increased demand for such ceramics. the asia-pacific region is expected to be the largest consumer of automotive ceramic materials in the near future, due to increased purchasing power, better infrastructure, and the presence of the world’s leading automobile producers. japan, china, and south korea are key players in this region that are actively investing in r&d activities, as the application of advanced ceramics is growing in the automotive industry. the automotive ceramics market is expected to witness healthy growth in the forecast period, with increasing use of ceramic materials in exhaust emission control, engines, and transmissions. the growing trend of electrification and fuel economy of automobiles, as well as increased government regulations on emissions are key drivers behind the growth of the market. the implementation of advanced ceramic technologies surely increases the performance and efficiency of vehicles, coating ceramics and their parts in order to protect against corrosion and wear. this will fuel the demand for automotive ceramics in the global market in the years to come.