Leading market players are investing heavily in research and development to expand their product lines, which will help the Advanced Ceramics market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Advanced Ceramics industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the advanced ceramics industry to benefit clients and increase the market sector. The Advanced Ceramics industry has offered some of the most significant medical advantages in recent years. Major players in the advanced ceramics market include Kyocera Corporation (Japan), CeramTec GmbH (Germany), CoorsTek Inc. (U.S.), Saint-Gobain Ceramic Materials (U.S.), Morgan Advanced Materials Plc (U.K.), 3M Company (U.S.), Rauschert Steinbach GmbH (Germany), Dyson Advanced Ceramics Ltd (U.K.), Superior Advanced Ceramics (U.S.), NGK Spark Plug Co.
Ltd. (Japan), and others, are attempting to increase market demand by investing in research and development operations.
A cooperation between 3DCeram Sinto, Inc. and SINTX Technologies, a producer of sophisticated ceramics for biomedical and technical applications, was announced for 2023. The businesses plan to work together to create a number of innovative resins and procedures for the additive production of ceramic items. Through their partnership, the two businesses hope to build on and enhance their current knowledge in order to create distinctive, valuable resins, 3D print ceramic parts, and submit those parts to sophisticated thermal processing. The investment casting and biomedical sectors are the main areas of focus for the partnership.
The AMRICC Center's official opening in 2024 demonstrated how the establishment is putting the Midlands area at the forefront of the multibillion dollar worldwide advanced ceramics industry. Following the official opening of the £10 million research center by Jo Gideon MP, Chair of the All-Party Parliamentary Group for the UK Ceramics Industry, leaders from the public, academic, and industrial sectors took a tour of the Staffordshire facility.
The AMRICC Center, a first for the world, is an open-access facility that facilitates the development of products and processes at an industrially relevant scale, transforming raw materials, technology, and processes into practical products and solutions.
CeramTec, founded in 1903 and located in Plochingen, Baden-Wuttemberg, Germany, manufactures and develops advanced ceramics components. The products are used in many applications, especially in medical technologies, automotive manufacturing, electronics, equipment and machine construction, defense technologies, and chemical industries. In March 2021, Ceramtec vertically integrated its sophisticated piezoceramics manufacturing with ultrasonic sensor and transducer assembly. With this combination, the company can now provide end-to-end service for specific high-power Langevin transducers, as well as a full-service solution that includes transducer design, development, and manufacturing for various medical applications.
CoorsTek, Inc., founded in 1910 in Golden, Colorado, US, is a privately owned manufacturer of technical ceramics for aerospace, automotive, chemical, electronics, medical, metallurgical, oil and gas, semiconductor, and many other industries. In February 2021, CoorsTek announced the expansion of its manufacturing facility in Southeast Asia. The construction for the first phase of the 400,000 sq. feet facility in Rayong, Thailand, began in February 2021. The opening of our facility in Thailand provides a critical production hub for the continued supply of CoorsTek high-quality engineered ceramics in Southeast Asia.