Boron Carbide Market trends research and projections for 2018 - 2024

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Ceramic Substrates Market to Witness A Phenomenal
Growth over 2018 to 2024
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Global Market Scenario of Ceramic Substrates
Industry

• Alumina segment led the Ceramic Substrates Market
  in 2017 owing to its suitability in numerous
  application areas along with its low cost
  compared to other ceramic substrates.
• Global Ceramic Substrates Market size is likely
  to grow with prominent CAGR during the forecast
  timespan. Ceramic substrate is an electronic
  sheet material, made by hot pressing or tape
  casting technology for thick electronic film and
  board in which electronic ceramic is used as a
  substrate. Continuous advancement in ceramic
  substrates industry has augmented its superior
  properties such as high corrosion, high wear
  resistance, electrical conductivity and longer
  life.
• The ceramic substrates market is mainly driven
  due to properties such as corrosion-resistance,
  high temperature stability, low thermal
  expansion, lightweight and a variety of
  electrical properties ranging from semiconductor
  to highly conductive material.
• Owing to these traits, ceramic substrates are
  used in wide range of industries, such as
  automotive, consumer electronics, telecom,
  industrial and military avionics. The growth of
  the ceramic substrate market is attributed to the
  increasing use of it as an alternative to metals
  and alloy.
• The increasing demand for compact microelectronic
  packaging solutions was another significant
  factor which drove the growth of the ceramic
  substrate market in past few years. The high
  procurement and raw material costs are likely to
  affect ceramic substrate market size negatively
  in the coming years.

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• Product Analysis-
• Based on product type, ceramic substrates market
  is divided into five segments alumina, aluminum
  nitrate, silicon nitride, beryllium oxide and
  others. Among which alumina segment led the
  ceramic substrates market in 2017 owing to its
  suitability in numerous application areas along
  with its low cost compared to other ceramic
  substrates.
• Regional Trends-
• Asia Pacific ceramic substrates market is likely
  to grow at a significant growth rate on account
  of increasing disposable income of consumers and
  rising demand for technologically advanced
  consumer electronics in countries including
  China, India, Japan, Indonesia and South Korea.
• Factors such as rapid development of end-user
  industries, competitive manufacturing cost and
  high economic growth shall fuel ceramic
  substrates market size growth over the forecast
  duration.
• The ceramic substrate market growth in China was
  remarkable and is likely to experience additional
  growth over a forecast timespan due to increasing
  product manufacturing facilities and high raw
  material supply in China.

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Market Research Reports Key Analytical Components
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• Competitive Trends
• Prominent players operating in ceramic substrates
  market are KYOCERA Corporation, Murata
  Manufacturing Co. Ltd., Coors Tek Inc., Ceram
  Tec., MARUWA Co. Ltd., Tong Hsing Electronics
  Industries Ltd., LEATEC Fine Ceramics Co., Ltd.,
  Nikko Company, KOA-An S Corporation, yokowo co.
  ltd., Eti, SST Sensing Ltd. company, Nippon
  Carbide Industries Co., Inc., NGK Spark Plug
  Group and ENrG Inc.
• The global ceramic substrate market was highly
  fragmented in 2017 with the presence of many
  players across different regions. These players
  have adopted organic as well as inorganic growth
  strategies such as expansion agreements, new
  product launches, merger acquisition, joint
  ventures and partnership to strengthen their
  position in the market.
• Entry barriers in the industry are very high as
  it needs high investment for manufacturing plant
  and for research and development activities, due
  to ongoing modifications and developments in
  ceramic substrates production technologies.

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