According to a new market report published by Lucintel, the future of the global ceramic core market looks promising with opportunities in aerospace, industrial gas turbine, and other markets. The global ceramic core market is expected to grow with a CAGR of 3.8% from 2018 to 2023. The major drivers for this market are growing demand for aero engine turbine blades and ability of ceramic core to fabricate complex geometry of turbine blades.
Browse 163 market data tables and 174 figures spread through 270 pages and in-depth TOC on “Global Ceramic Core Market”
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In this market, different types of ceramic core such as silica, zircon, and other are used as material type. Lucintel forecasts that silica will remain the largest material by value and volume and it is also expected to witness highest growth over the forecast period due to its performance benefits, such as high strength and heat resistance.
Within ceramic core market, aerospace will remain the largest end use industry by value and volume and it is also expected to witness highest growth over the forecast period due to its growing usages in engine blade investment casting.
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North America is expected to remain the largest as well as highest growing market for ceramic core due to increasing turbine blade manufacturing in this region.
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Emerging trends, which have a direct impact on the dynamics of the ceramic core industry, include 3D printing technology and material innovation for increasing heat resistance property. Morgan Advanced Materials, PCC Airfoils, Lanik SRO, Coorstek, and CeramTec are among the major suppliers of ceramic core.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global ceramic core market by end use industry, material, sourcing, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Ceramic Core Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global ceramic core market by end use industry, material, sourcing, and region as follows:
By End Use Industry [Volume (Thousand Units) and $M shipment analysis from 2012 to 2023]:
- Industrial Gas Turbine
By Sourcing type [Volume (Thousand Units) and $M shipment analysis from 2012 to 2023]:
By Material Type [Volume (million lbs.) and $M shipment analysis from 2012 to 2023]:
By Region [Volume (Thousand Units) and $M shipment analysis from 2012 to 2023]:
- North America
- Asia Pacific
- The Rest of the World
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This 270-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/ceramic-core-market.aspx or firstname.lastname@example.org.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global ceramic core market by end use industry (aerospace, industrial gas turbine and others), material (silica, zircon, and other), sourcing type (outsource and in-house), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
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