A new research report on advanced ceramics and nanoceramic powders has been released by MarketResearch.com, a provider of worldwide market intelligence products and services.
The US consumption of advanced ceramics and nanoscale ceramic powders is expected to reach approximately $5.4 billion in 2016 with a compound annual growth rate (CAGR) of 9.9%. The sales revenue of advanced ceramic powders was $2.5 billion in 2010 and is projected to increase to $4 billion by 2016. Similarly, nanoscale powder market is expected to reach $1.2 billion in 2016.
Advanced ceramics, a class of high-performance, nonmetallic and inorganic materials, are combinations of controlled additives, crystal structures, complex compositions and fine-scale microstructures. These types of materials need processing science and engineering, which are more advanced than those used for producing traditional ceramics. Advanced ceramic materials are termed as enabling technology as their constant advancement is important for next-generation technology applications that range from modern microelectronics to nanotechnology.
Ceramic powders are chief components for environmental related ceramics, chemical processing, ceramic coatings, electronic ceramics and structural ceramics. Starting powder is a major factor for most enhanced ceramic components, whose characteristics are significantly influenced by the properties of precursor powder. The powder’s key properties are particle size distribution and chemical purity.
Nanoceramic powders are used in a wide range of applications, including magnetic recording, environmental, chemical, optical and microelectronics.