Advanced Ceramic Additives Market is expected to expand at a CAGR of 5.0% from 2021 to 2028
Advanced Ceramic Additives Industry Overview The advanced ceramic additives market size was valued at USD 529.1 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2021 to 2028. Growing usage of advanced ceramics especially in medical applications is anticipated to propel the use of additives over the forecast period. Advanced ceramic has emerged as an ideal material to produce medical devices and components. These components require higher tolerances, which can be achieved by appropriate usage of additives. Thus, growth in the medical devices industry is anticipated to prove beneficial for advanced ceramic additives demand. Gather more insights about the market drivers, restrains and growth of the Global Advanced Ceramic Additives Market The demand for advanced ceramics in the U.S. is primarily driven by the increasing utilization of lightweight materials in automotive, aerospace, and defense appl...