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Technical Ceramic Market Size, Share, Growth Report and Forecast 2024-2032

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  IMARC Group, a leading market research company, has recently releases report titled “ Technical Ceramic Market Report by Material Type (Oxide Ceramic, Non-Oxide Ceramic), Product (Monolithic Ceramics, Ceramic Coatings, Ceramic Matrix Composites (CMC)), End Use Industry (Electronics and Semiconductor, Automotive, Energy and Power, Medical, Military and Defense, and Others), and Region 2024-2032 ”, Offers a comprehensive analysis of the industry, which comprises insights on the global technical ceramic market . How Big is the Technical Ceramic Market? The global technical ceramic market size reached US$ 84.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 128.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. Industry Overview of Technical Ceramic Technical ceramics, also known as engineered ceramics, are high-performance materials that are specifically engineered to possess enhanced physical and chemical proper...

Technical Ceramic Market Size 2022-27, Share, Report, Trends, Growth and Industry Forecast Analysis

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 According to the latest report by IMARC Group, titled " Global Technical Ceramic Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027 ", the global technical ceramic market size reached a value of US$ 74.92 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 109.44 Billion by 2027, exhibiting a CAGR of 6.30% during 2022-2027. A technical ceramic, also known as advanced or engineered ceramic, is an inorganic, non-metallic material which possesses a distinct combination of thermal and physical properties. It is manufactured using synthetic raw materials under a controlled process to achieve purity and improve its physical characteristics. It exhibits lower density, strength, and excellent resistance to chemicals, high temperature, corrosion, and thermal shock. It is also customizable and can maintain its precise, high-tolerance finish longer than any other material. As a result, technical ceramics are widely util...