MACHINABLE CERAMIC MARKET REPORT OVERVIEW
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The global machinable ceramic market is expected to grow from USD 146.1 Million in 2021 and is projected to touch USD 294.76 Million by 2031, at a compound annual growth rate (CAGR) of 7.3% during the forecast period.
Tiles, bricks, and pottery are the most common items made with ceramics, which are hard, brittle materials. The majority of ceramics used in daily life are these useful, clay-based items. Although they are less common, the more specialised technical ceramics utilised in harsh conditions and demanding applications have distinctive qualities. A small portion of these technical ceramics are categorised as having the even more uncommon ability of being machinable. When ceramic materials can be machined using standard metalworking machine tools after sintering, they are said to be machinable. That is, without the use of diamond tooling, they may be turned, milled, drilled, and sawed. Most technical ceramics cannot be machined and must only be treated using diamond tooling after being sintered since the material is almost as hard as diamond.
Machinable ceramics make up for the lack of hardness by gaining a number of other advantages. Large blocks, usually referred to as billets, are frequently used in the fabrication of ceramics for consistency and simplicity of production. Hot pressing is used to manage the structure of these more advanced machinable materials (also known as HIPing). Although the hot press method is expensive, engineers value the consistency it offers. High temperature pressing of materials restricts the crystal development of the materials, inhibiting the formation of big crystals and leaving a delicate structure. During the machining process, carbide tools can remove small particles from the material's surface, leaving a smooth one.
Large blocks, usually referred to as billets, are frequently used in the fabrication of ceramics for consistency and simplicity of production. Hot pressing is used to manage the structure of these more advanced machinable materials (also known as HIPing). Although the hot press method is expensive, engineers value the consistency it offers. High temperature pressing of materials restricts the crystal development of the materials, inhibiting the formation of big crystals and leaving a delicate structure. During the machining process, carbide tools can remove small particles from the material's surface, leaving a smooth one.
COVID-19 Impact: Disruption in Value Chain to Plunge Market Growth
The COVID-19 was exerting significant pressure on the value chain. The business environment was quite difficult. Some people responded to government limitations by temporarily closing factories. Due to the decline in demand, others closed. Others, however, experienced a substantial rise in the demand for necessities. The unexpected length of the pandemic was one difficulty they all faced. Those manufacturers who kept running, as well as those who stopped and then restarted production, discovered they had to get ready for a permanent need to maintain improved hygiene and physical distance. Technology has fared well in the pandemic since streaming services have eventually driven all transactions, whereas markets like machinable ceramic have failed poorly because they are in the manufacturing sector.
MACHINABLE CERAMIC MARKET SEGMENTATION
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- By Type
Based on type; the market is divided into fluorophlogopite glass ceramic, non-oxide ceramic and others.
In terms of product, fluorophlogopite is the largest segment.
- By Application
Based on application; the market is divided into aerospace industry, constant & ultra-high vacuum environments, medical industry, welding nozzles semi-conductor industry and other.
In terms of application, aerospace industry is the largest segment.
LATEST TRENDS
"High Electricity Resistance to Enhance Market Growth"
Benefit of using ceramic is its resistance to jarring temperature changes, intense traffic, and friction. Other materials might be damaged by these fast changes, but ceramics are tough and give good resilience, therefore this does not happen. They are a perfect choice for kitchen use because of the high traffic, fluctuating temperatures, and friction that it experiences. Ceramic tiles are a suitable option for this because of the kitchen's significant general wear and tear.
DRIVING FACTORS
"Low Maintenance of the Material to Draw Customers"
High strength and hardness make machinable ceramic a trustworthy material in the manufacturing sector. Due to its low density and high stiffness, it has flexibility and is a durable product. These qualities make ceramics affordable and able to produce parts of various sizes and shapes. Due to their excellent endurance, they are quite affordable, which is the main element fueling the market's expansion.
"Chemical inertness of the Material to Stir Market Growth"
Machinable ceramics have superior corrosion resistance because they don't react with other chemicals. Compared to metals and alloys, high performance ceramics are far more corrosion resistant. They are passivated against chemical corrosion even in hostile conditions because of their great chemical stability. One benefit of ceramics over metals, plastic, and other materials is their ability to resist corrosion. Corrosion-resistant ceramics are a necessity in modern production to provide a longer useful life, making them a great quality-price option.
RESTRAINING FACTORS
"Deformation Error of Ceramic to Restrain Market Growth"
When processing and using machinable ceramics over an extended period of time, external forces like clamping force, gravity, friction, and others will have an impact. This will cause deformation, loosening, elastic deformation, displacement, and other deformation phenomena in the machining system, which will lower machine production accuracy and efficiency. In circumstances when external forces are severe, the machine may suffer major damage that shortens its service life as well as reducing the precision with which ceramic items are processed and this is the major factor that hampers the growth of machinable ceramic market.
MACHINABLE CERAMIC MARKET REGIONAL INSIGHTS
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"Demand for Environmentally Friendly Substitutes in North America to Boost Market"
The main market for machinable ceramics is North America. According to estimates, it holds largest machinable ceramic market share. In regions like North America, where there is a rising need for more affordable and environmentally friendly substitutes for metals like titanium dioxide and tungsten carbide, ceramics are primarily employed as dental and aesthetic materials. The machinable ceramic market growth is significantly impacted by all of these variables.
KEY INDUSTRY PLAYERS
The gives a thorough overview of the analysis of key characteristics of many industries, including sales value, sales volume, market revenue, and demand size, as well as sales growth, pricing analysis, and shifting regional market growth factors. The report includes information on market participants and their relative standings within the machinable ceramic market. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being acquired and made available. Data on manufacturers, regions, types, applications, sales channels, and distributors are included in the study on materials.
List of Market Players Profiled
- Corning (U.S.)
- Tokuyama (Japan)
- Ferrotec (Japan)
- Crystex Composites (U.S.)
- Aremco (U.S.)
- Ariake Materials (Japan)
- Wuxi Creative Ceramic (China)
- INNOVACERA (U.S.)
INDUSTRY DEVELOPMENT
February 2020: Tokuyama introduced a machinable glass ceramic insulating bar for use in medical applications. Its max temperature is 1000°C, while its continuous use temperature is 800°C. Its coefficient of thermal expansion is similar to that of sealing glasses and the majority of metals. It can be lathed, machined, planed, ground, drilled, incised, and threaded and has good machinability. Additionally, it is insulating, pore-free, high/low temperature resistant, acid and alkali resistant, and resistant to thermal impact.
REPORT COVERAGE
The study analyses market channels and gives insight on the variables influencing future global development potential. The study also examines market size and share, trends by region, end-use category, and market segment. It puts a lot of emphasis on outlining a thorough regional study. In order to understand the primary influencing variables and entry barriers of the industry, the global machinable ceramic market report also conducted an analysis of the sector. The report also includes essential changes in market dynamics recommendations for businesses to improve their market position.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 146.1 Million in 2021 |
Market Size Value By |
US$ 294.76 Million by 2031 |
Growth Rate |
CAGR of 7.3% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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How big is the machinable ceramic market in 2031?
The global machinable ceramic market expected to touch USD 294.76 million by 2031.
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At What CAGR the machinable ceramic market is expected to grow in the forecast period 2031?
The machinable ceramic market is expected to exhibit a CAGR of 7.3% by 2031.
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What factors are driving the machinable ceramic market?
Low maintenance of the material and chemical inertness are the driving factors of the machinable ceramic market.
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Who are the key players in the machinable ceramic market across the world?
Corning, Tokuyama, Ferrotec, and Crystex Composites are the top companies operating in the machinable ceramic market.