Dec 23, 2019   SOURCE: BusinessWire

Global Ceramic Core Market Forecasts from 2019 to 2024 - Growing Demand for Advanced Turbine Blades Present Opportunities - ResearchAndMarkets.com

The "Ceramic Core Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.

The ceramic core market is projected to grow at a CAGR of 7.08% during the forecast period, reaching a total market size of US$766.068 million in 2024 from US$508.209 million in 2018.

Ceramic cores are sacrificial ceramic structures which are used to form cavities that are too small or complex to be machined within investing casting procedures. Rising demand for ceramic cores in engine blade investment casting is significantly driving the growth of the ceramic cores market. Increasing adoption of ceramic cores within the healthcare sector for casting orthopedic instruments and dental equipment is also fuelling the growth of the ceramic core market.

The major players profiled in the Ceramic core market include Morgan Advanced Materials, Avignon Ceramic, DAI Ceramics, LANIK s.r.o, GF Precicast SA, CeramTec, NORITAKE CO.,LIMITED, and Core-Tech, Inc.

Drivers

  • Focus on improving jet fuel efficiency
  • Growing dental industry

Opportunities

  • Growing demand for advanced turbine blades

Segmentation

The ceramic core market has been analyzed through the following segments:

By Type

  • Alumina
  • Zicron
  • Silica

By End-User

  • Healthcare
  • Aerospace
  • Energy
  • Automotive
  • Others

Companies Mentioned

  • Morgan Advanced Materials
  • Avignon Ceramic
  • CeramTec
  • LANIK s.r.o
  • GF Precicast SA
  • NORITAKE CO., LIMITED
  • Core-Tech, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/jqjxug