India’s only Engineering & Technical Ceramics Exhibition
Industry Insights: Broad prospect, Great Opportunity
The market size of technical ceramics is estimated to grow from USD 5.86 Billion in 2015 to USD 8.49 Billion by 2021, at a CAGR of 6.43%. The market is driven by improved environmental resistances and growing demand of technical ceramics in the Medical industry, Electronic Industry ,Aviation and Defense Industry.
Along with Increasing usage of technical ceramics in the construction & housing sector & mineral processing applications are expected to offer numerous opportunities for the growth of the global technical ceramics market.
Among the regions considered, Asia-Pacific, South America, and the Middle East & Africa are estimated to witness high growth during the forecast period.
Asia-Pacific is expected to be The Largest Market for Technical Ceramics
(source: markets and markets)