North America Advanced Ceramic Additives Market Size & Outlook
North America advanced ceramic additives market, 2018-2030 (US$M)
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North America advanced ceramic additives market highlights
- The North America advanced ceramic additives market generated a revenue of USD 204.8 million in 2022.
- The market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
- In terms of segment, binders was the largest revenue generating product in 2022.
- Dispersants is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 204.8 million |
| Market revenue in 2030 | USD 320.3 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Binders |
| Fastest growing segment | Dispersants |
| 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, North America region accounted for 35.7% 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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North America 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.
Binders was the largest segment with a revenue share of 28.56% in 2022. Horizon Databook has segmented the North America advanced ceramic additives market based on dispersants, binders covering the revenue growth of each sub-segment from 2018 to 2030.
North America has the most developed economies in the world. The region has an established socioeconomic integration among countries such as the U.S., Canada, and Mexico that results in its stable economy. Flourishing electronics, medical, metal, and automotive industries in North America are anticipated to drive the growth of advanced ceramic additives market.
Among all countries of the region, the demand and production for advanced ceramics is high in the U.S. owing to their increasing use in the manufacturing of ceramic screws and bolds, as well as pressure sensors.
For instance, Ortech Advanced Ceramics, designs and manufactures advanced ceramic components such as ceramic bearings, screws, and tubes while Servoflo Corporation offers pressure sensors, environmental sensors, and mass flow sensors made from advanced ceramic.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America advanced ceramic additives market , including forecasts for subscribers. This continent databook contains high-level insights into North America advanced ceramic additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America advanced ceramic additives market size, by country, 2018-2030 (US$M)
North America Advanced Ceramic Additives Market Outlook Share, 2022 & 2030 (US$M)
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