Nanoceramics are the latest
development in the ceramics market and are more advanced compared to the
traditional ceramics. Over the past decade a lot of research activities have
been undertaken and nanoceramics have received attention owing to theirsuperior
properties compared to bulk ceramics. Nanoceramics are defined as ceramic
material comprising of particles with diameter equal to or lesser than 100
nanometers. The properties of nanoceramics can be distinguished from traditional
ceramics. Owing to the nano size of the nano particle powders, it presents a
greater surface area to substances which comes in contact with the particles.
This results in increased reactivity with the target reactant and is highly
useful in applications which require high rate of reaction. Moreover
nanoceramics exhibit very unique properties such as bioactivity, strength,
toughness, superplasticity and machinability due to its high grain boundaries
and controllable crystalinity.
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Nanoceramics market is in nascent
stage as compared to traditional bulk ceramics. However it has shown tremendous
promise and has been implemented in various applications while several emerging
technologies can use nanoceramic powders in the near future. The nanoceramics
market is driven by its application in electronics industry. Owing to its
inherent conducting and insulating properties it is widely used in construction
of new generation high speed computer chips. It is also used in other aspects
of the electronics industry. Apart from the electronics industry nanoceramic
powders find application in the medical industry as well. It is being
increasingly used to manufacture artificial bone implants and other organs. As
it works on a nanoscale it enables the device manufacturers to ascertain the
level of interaction of the particles with the human body and fine tune its
application so as to deem fit for bodily acceptance. Owing to the conducting
properties they are also used in power generation. However the application is limited
as of now. Nanoceramic powders also have applications in the manufacturing of
consumer goods and weapons. Nanoceramics are also used in the construction
industry
Although nanoceramic powders have
exhibited huge potential for applications in several industries, it is still
being researched and commercial production of nanoceramic powder is limited,
thereby limiting the extent of applicability.
Tremendous opportunities exist for
the market and through advancing technology and sustained research the market
is set to become more attractive. It has potentially huge application in space
exploration technology as well as in the production of photovoltaic (PV) solar
cells. Solar power technology is one of the most attractive means of renewable
and sustainable energy in the world and has picked pace over the past decade.
Application of nanoceramics in this field is expected to propel the market for
nanoceramics in the foreseeable future.
North America is largest market for
nanoceramic powders as most of research and development work has been
undertaken in the U.S. Europe is the second largest market for the material
with increasing demand generated by various industries. Asia Pacific market is
in a very nascent stage with limited applicability of nanoceramic powders.
Japan and Korea are the leading countries in this region. However with
increasing prosperity and income level, Asia Pacific holds tremendous promise
of growth.
Some of the key players in the
nanoceramic market are Innovnano, Synkera Technologies, Inc. and Nitto Denko
Corporation among others.
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This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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