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Advanced Ceramics Market Size Forecast to Reach $12.5 Billion by 2025


Advanced Ceramics Market Size Forecast to Reach $12.5 Billion by 2025
The Market Is Primarily Driven by a Wide Range of Electrical Properties, From Insulators and Semiconductors to Highly Conductive Materials.
BriefingWire.com, 4/23/2021 - Advanced Ceramics Market size is forecast to reach $12.5 billion by 2025, after growing at a CAGR of 6.5% during 2020-2025. The market is primarily driven by advanced ceramic properties, such as high temperature stability, resistance to corrosion, light weight, low thermal expansion and a wide range of electrical properties, from insulators and semiconductors to highly conductive materials. Advanced ceramics are used in a wide variety of end-use industries, such as electrical & electronics, medical, transportation, environmental, chemical, protection & safety, among others, because of these properties. The growth in the segment over the projected period is expected to increase the demand for electrical ....

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