U.K. Automotive Ceramics Market Outlook (2018 to 2032)
Synopsis
The above chart is U.K. Automotive Ceramics Market Outlook (2018 to 2032)
Market Dynamics
the uk automotive ceramics market is expected to experience strong growth over the period 2018 to 2032. this is attributed to the increasing demand for lightweight and higher performance cars, supported by government initiatives such as the low emission vehicle strategy, which is driving the need for fuel efficient cars. this has, in turn, increased the demand for advanced materials with better thermal and structural properties such as ceramics.
other key drivers of the uk automotive ceramics market include the increasing applications in automotive exhaust systems and turbochargers, growth in the luxury car segment, and the increasing demand for fuel-efficient cars in the uk. in addition, the emergence of autonomous driving technologies and increased use of advanced materials in the automotive industry backed by government initiatives are likely to drive the demand for ceramic materials in the country.
on the supply side, the uk automotive ceramics market is driven by the presence of leading players such as cermotech, thorceramics, saint gobain, and applitec ceramics, who are actively engaged in research and development activities to develop advanced ceramic products that meet the changing needs of the market.
in terms of product type, ceramic honeycombs are expected to remain dominant in the market owing to their use in automotive exteriors, interiors, and exhaust systems for acoustic and thermal insulation. ceramic's excellent thermal properties make it an ideal material for turbochargers and exhaust systems. in addition, due to its ability to reduce component weight, ceramic is increasingly used in automotive interior and exterior components.
in terms of application, the uk automotive ceramics market is segmented into engine components, exhaust systems, turbochargers, and others. engine components are expected to remain the largest application segment as they require ceramic to control emission and reduce noise.
overall, the uk automotive ceramics market is expected to witness strong growth over the period 2018 to 2032 and is driven by the increasing demand for fuel-efficient cars, advances in electric battery technology, and the emergence of autonomous driving technologies.