fbpx

Ceramic Substrates – Global Market Outlook (2017-2026): CAGR Expected to Grow at 7.2% – ResearchAndMarkets.com

The “Ceramic
Substrates – Global Market Outlook (2017-2026)” report has been
added to ResearchAndMarkets.com’s offering.

The Global Ceramic Substrates Market accounted for $6.14 billion in 2017
and is expected to reach $11.57 billion by 2026 growing at a CAGR of
7.2% during the forecast period.

The rising demand for ceramic substrates from several end user
industries is a key driving factor for the market. Furthermore, rising
adoption of ceramic substrates as an alternative to alloys and metals,
miniaturization of electronic devices, rising demand for compact
microelectronics packaging solutions such as high temperature co-fired
ceramic (HTCC) & low temperature co-fired ceramic (LTCC), and
advancements in ceramic substrates are some of the factors boosting the
market growth.

However, high price of ceramic substrates is expected to hamper the
market growth. The growth of the auto motive and consumer electronic
industries in emerging economies of Asia Pacific is expected to fuel
demand over the next nine years.

By product type, alumina substrates segment dominated the global market
with largest share owing to its powerful physical, thermal and
electrical properties. Increasing use of alumina substrates in end-use
industries such as auto motive and electrical & electronics on account
of superior weathering and corrosion resistance properties is expected
to fuel industry growth over the next nine years.

However, aluminum nitride substrates segment is expected to grow with a
high CAGR during the forecast period 2017 to 2026 due to higher
mechanical and thermal stability.

Report Scope

Product Types Covered

Applications Covered

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Ceramic Substrates Market, By Product Type

6 Global Ceramic Substrates Market, By Application

7 Global Ceramic Substrates Market, By Geography

8 Key Developments

9 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/k4lr45/ceramic?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180615005812/en/