U.S. Advanced Ceramic Additives Market Size & Outlook
U.S. advanced ceramic additives market, 2018-2030 (US$M)
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U.S. advanced ceramic additives market highlights
- The U.S. advanced ceramic additives market generated a revenue of USD 176.5 million in 2022 and is expected to reach USD 280.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.9% 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 176.5 million |
| Market revenue in 2030 | USD 280.0 million |
| Growth rate | 5.9% (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, U.S. accounted for 30.8% 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 North America, U.S. advanced ceramic additives market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 280.0 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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U.S. 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 U.S. advanced ceramic additives market based on dispersants, binders covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. is the largest economy in the world, in terms of nominal GDP and net wealth, and the country is the second-largest economy based on purchasing power parity, as of 2022. The economy of the U.S. represents ~20% of the total global economic output. The economic development of the country can be attributed to its highly influential service and manufacturing sectors.
The demand for advanced ceramics in the U.S. is primarily driven by the increasing demand for lightweight materials for use in automotive, as well as in aerospace and defense applications.
Rising production & consumption of advanced ceramic materials and components for the electrical and electronics sector owing to the growing requirement for uninterrupted connectivity, along with their use in flourishing automotive and aerospace sectors, is expected to augment the growth of the U.S. advanced ceramic additives market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. advanced ceramic additives market , including forecasts for subscribers. This country databook contains high-level insights into U.S. advanced ceramic additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. advanced ceramic additives market size, by by product, 2018-2030 (US$M)
U.S. Advanced Ceramic Additives Market Outlook Share, 2022 & 2030 (US$M)
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