South Korea Automotive Ceramics Market Size & Outlook
South Korea automotive ceramics market, 2016-2027 (US$M)
Related Markets
South Korea automotive ceramics market highlights
- The South Korea automotive ceramics market generated a revenue of USD 74.2 million in 2019 and is expected to reach USD 109.4 million by 2027.
- The South Korea market is expected to grow at a CAGR of 5% from 2020 to 2027.
- In terms of segment, alumina was the largest revenue generating material in 2019.
- Zirconia is the most lucrative material segment registering the fastest growth during the forecast period.
Automotive ceramics market data book summary
| Market revenue in 2019 | USD 74.2 million |
| Market revenue in 2027 | USD 109.4 million |
| Growth rate | 5% (CAGR from 2019 to 2027) |
| Largest segment | Alumina |
| Fastest growing segment | Zirconia |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alumina, Zirconia, Other Materials |
| Key market players worldwide | Morgan Advanced Materials PLC, CoorsTek, Niterra Co Ltd, Kyocera Corp, Corning Inc, Ceradyne, Ibiden Co Ltd, CeramTec, Compagnie de Saint-Gobain SA |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.9% of the global automotive ceramics market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China automotive ceramics market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 273.6 million by 2027.
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Automotive Ceramics Market Scope
Automotive Ceramics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 41.64% in 2019. Horizon Databook has segmented the South Korea automotive ceramics market based on alumina, zirconia, other materials covering the revenue growth of each sub-segment from 2016 to 2027.
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Target buyers of South Korea automotive ceramics market databook
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Our clientele includes a mix of automotive ceramics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea automotive ceramics market, including forecasts for subscribers. This country databook contains high-level insights into South Korea automotive ceramics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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South Korea automotive ceramics market size, by material, 2016-2027 (US$M)
South Korea Automotive Ceramics Market Share, 2019 & 2027 (US$M)
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