Demand for Polymer-Derived Ceramics Projected to Expand Worldwide
Polymer-derived ceramics are seeing increasing demand from numerous industry sectors worldwide.
The polymer-derived ceramics market is projected to see high growth from 2017-2022, according to a report available from Research and Markets. Asia-Pacific is projected to be the fastest-growing and largest region. In 2016, Asia-Pacific was a substantial contributor of polymer-derived ceramics in the global market, mainly due to high growth in aerospace, industrial, energy, and semiconductor and electronics industries in the region.
North America is the second-largest region, in terms of value and volume. Applications in the region include as aerospace, energy, industrial, and semiconductor and electronics.
Europe, being a mature market, has moderate growth in polymer-derived ceramics. Germany is the leading market in Europe due to increasing demand from the aerospace, consumer goods, automotive, and construction industries. The presence of a large number of manufacturers and formulators in this region is likely to promote the growth of the polymer-derived ceramics market.
The global polymer-derived ceramics market is segmented based on its types and end uses. The major types of polymer-derived ceramics considered in the study are silicon carbide (SiC) and silicon nitride (Si3N4), which can be used in industries such as aerospace, energy, industrial, and semiconductor and electronics.
Demand for these types of materials is increasing in numerous industry sectors. Medical, automotive, and aerospace end-use industries are the largest and fastest-growing markets for polymer derived ceramics, with energy and power, and electronics and semiconductors also having a significant share.
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