UK Advanced Ceramic Additives Market Size & Outlook
UK advanced ceramic additives market, 2018-2030 (US$M)
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UK advanced ceramic additives market highlights
- The UK advanced ceramic additives market generated a revenue of USD 25.7 million in 2022 and is expected to reach USD 37.4 million by 2030.
- The UK market is expected to grow at a CAGR of 4.8% 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.
Advanced ceramic additives market data book summary
| Market revenue in 2022 | USD 25.7 million |
| Market revenue in 2030 | USD 37.4 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | Binders |
| Fastest growing segment | Dispersants |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, UK accounted for 4.5% of the global advanced ceramic additives market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK advanced ceramic additives market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 37.0 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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UK 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 43.97% in 2022. Horizon Databook has segmented the UK advanced ceramic additives market based on dispersants, binders covering the revenue growth of each sub-segment from 2018 to 2030.
The UK is a key international trading country and had the fifth-largest economy in the world in terms of nominal GDP in 2022. In the recent past, the automotive industry in the UK benefited from investments by leading automakers such as Toyota, Nissan, Ford, BMW Group, and Jaguar Land Rover.
However, the growth of this industry is not limited to automakers only. The supply chain, which caters to the requirements of these automakers, has also observed a rise in demand. It has created a demand for advanced ceramic components used in lightweight vehicles and created growth opportunities for the advanced ceramics additives market.
The aerospace industry of the UK is the second largest in Europe and the third largest globally. The growing aerospace sector is anticipated to positively impact the growth of advanced ceramics additive market in the UK during the forecast period owing to the deployment of advanced ceramics in military and commercial aircraf.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK advanced ceramic additives market , including forecasts for subscribers. This country databook contains high-level insights into UK advanced ceramic additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK advanced ceramic additives market size, by by product, 2018-2030 (US$M)
UK Advanced Ceramic Additives Market Outlook Share, 2022 & 2030 (US$M)
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