Global Automotive Ceramics Market Size & Outlook
The automotive ceramics industry worldwide is expected to reach a projected revenue of US$ 2,976.5 million by 2027. A compound annual growth rate of 5.6% is expected of the worldwide automotive ceramics industry from 2020 to 2027.
Revenue, 2019 (US$M)
$1,921.1
Forecast, 2027 (US$M)
$2,976.5
CAGR, 2020 - 2027
5.6%
Report Coverage
Worldwide
Global automotive ceramics market, 2016-2027 (US$M)
Related Markets
Global automotive ceramics market highlights
- The global automotive ceramics market generated a revenue of USD 1,921.1 million in 2019 and is expected to reach USD 2,976.5 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 5.6% by 2027.
- In terms of segment, alumina accounted for a revenue of USD 773.3 million in 2019.
- Zirconia is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, South Korea is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 1,921.1 million |
| Market revenue in 2027 | USD 2,976.5 million |
| Growth rate | 5.6% (CAGR from 2019 to 2027) |
| Largest segment | Alumina |
| Fastest growing segment | Zirconia |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alumina, Zirconia, Other Materials |
Other key industry trends
- In terms of revenue, the North America accounted for 21.2% of the global automotive ceramics market in 2019.
- By country, the China is projected to lead the global market in terms of revenue in 2027.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 109.4 million by 2027.
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Automotive Ceramics Market Scope
Automotive ceramics market segmentation & scope
Automotive Ceramics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automotive ceramics 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 automotive ceramics market will help companies and investors design strategic landscapes.
alumina was the largest segment with a revenue share of 40.25% in 2019. Horizon Databook has segmented the Global automotive ceramics market based on alumina, zirconia, other materials covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Automotive Ceramics Material Outlook (Revenue, USD Million, 2016-2027)
- Alumina
- Zirconia
- Other Materials
- Global Automotive Ceramics Application Outlook (Revenue, USD Million, 2016-2027)
- Passenger Vehicles
- Commercial Vehicles
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive ceramics market, including forecasts for subscribers. This global databook contains high-level insights into Global automotive ceramics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global automotive ceramics market statistics, by regions, 2016-2027 (US$M)
Top 10 countries: Automotive ceramics market size, 2019 (USD Million)
Top 10 countries: Automotive ceramics market size, 2019 (USD Million)
Global automotive ceramics market, by region, 2019 (US$M)
Related regional statistics
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