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Ceramic Substrates Market 2021: Global Industry Size and Growth Opportunities to 2026
Ceramic substrates are materials, non-metal, metalloid particles, metal, and inorganic mixtures, which are fragmented into glasslike fired substrates and non-translucent ceramics. Earthenware substrates are known for their magnificent warm conductivity, electrical protection, obstruction, and steadiness in high temperatures. Subsequently, these are utilized in different microelectronics applications including meager film earthenware substrates.
ChemIntel360’s global Ceramic Substrates market study is a 190+ slide report containing in depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, end-uses, and end-use industry perspective. Despite the adverse effects of the COVID-19 pandemic, the industry is expected to rebound strongly and grow at a CAGR of 6.0% over 2021-2026. The leading factor driving growth is the chemical’s extensive use in manufacture of electrical circuits, the demand for which has witnessed robust growth in light of increasing requirements from electronics industry.
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Ceramic Substrates are having gigantic applications in the electronic circuits in view of their protecting highlights. Ceramic substrates will generally meet the diesel and fuel framework prerequisites in the uncompromising as well as light-obligation applications. Earthenware substrates have a high hotness limit and furthermore high hotness conductivity that makes them vital in power hardware. The require the earthenware substrates is significantly determined by the expanding utilization of these substrates when contrasted with its substitutes present on the lookout. Additionally, the send off of new outflow principles is elevating the vehicle producers to involve earthenware substrates in the auto parts.
Scope
This study contains global and regional market size data. The numbers are broken down by end use (Alumina, Aluminium Nitride, Silicon Nitride, Beryllium Oxide, and Others), and by type (Consumer Electronics, Automotive, Telecom, Industrial, Military and Avionics, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Ceramic Substrates market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$19.67 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Key Companies:
The major companies in the market are Corning Incorporated, CoorsTek Inc., TOSHIBA MATERIALS Co. LTD., KYOCERA Corporation, and Yokowo co., ltd. among others.
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About Us:
ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.
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