Asia Pacific Advanced Ceramic Additives Market Size & Outlook
Asia Pacific advanced ceramic additives market, 2018-2030 (US$M)
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Asia Pacific advanced ceramic additives market highlights
- The Asia Pacific advanced ceramic additives market generated a revenue of USD 211.5 million in 2022.
- The market is expected to grow at a CAGR of 6% from 2023 to 2030.
- In terms of segment, dispersants was the largest revenue generating product in 2022.
- Binders is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 211.5 million |
| Market revenue in 2030 | USD 337.0 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Dispersants |
| Fastest growing segment | Binders |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dispersants, Binders |
| Key market players worldwide | Basf SE, Bentonite Performance Minerals, Aimia Inc, Dow Inc, Evonik Industries AG, Solvay SA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 36.9% of the global advanced ceramic additives market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 337.0 million by 2030.
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Advanced Ceramic Additives Market Scope
Advanced Ceramic Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific advanced ceramic additives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced ceramic additives market will help companies and investors design strategic landscapes.
Dispersants was the largest segment with a revenue share of 26.71% in 2022. Horizon Databook has segmented the Asia Pacific advanced ceramic additives market based on dispersants, binders covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific was the largest regional market in 2022, accounting for a revenue share of 36.9% of the overall market. Increasing manufacturing activities and rising foreign investments are the key drivers fueling the growth of the advanced ceramic additives market in Asia Pacific.
Advanced ceramics reinforce the ceramic compounds by offering them improved thermal, optical, magnetic, and electrical properties that enable their usage in electrical & electronics, medical, industrial, and environmental applications.
Asia Pacific has immense growth potential for the advanced ceramic additives market owing to its flourishing healthcare industry. As per India Brand Equity Foundation, the medical device sector in India is estimated to reach USD 50 billion by 2025.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific advanced ceramic additives market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific advanced ceramic additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific advanced ceramic additives market size, by country, 2018-2030 (US$M)
Asia Pacific Advanced Ceramic Additives Market Outlook Share, 2022 & 2030 (US$M)
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