UK Automotive Ceramics Market Size | COVID-19 Impact Analysis | Forecast to 2026
UK automotive ceramics market is estimated to grow at a CAGR of 5.0% during the forecast period. The UK automakers are significantly focusing on electric vehicles (EVs) manufacturing owing to the expanding sales of electric vehicles. In the UK, there several producers of electric vehicles, which include Jaguar Land Rover (JLR), Nissan, PSA’s Vauxhall, BMW Mini, and Toyota. The UK Government could enhance the possibility of securing UK gigafactories by supporting to facilitate the new volume EV model lines in UK plants. It is anticipated that a larger vehicle manufactured in the country would be fully electrified that will generate approximately adequate demand for one additional gigafactory in the country.
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British vehicle manufacturers have announced
various promising initiatives for electric vehicle production. For instance, in
September 2017, JLR declared that every Jaguar and Land Rover vehicle
introduced from 2020 will be electrified. The rising electric vehicle
production capability in the UK will encourage the adoption of ceramics materials.
In electric water pumps (EWP), ceramic components are utilized for controlling
the temperature of the engine and battery components which ensure optimal
performance and durability. EWP is being extremely favored in fully electric
and hybrid vehicles as well as diesel/petrol stop-start vehicles, as they are
regarded as more efficient compared to their mechanical counterparts.
Moreover, the UK government funding opportunity is
facilitating the innovations in advanced ceramics in the country. For instance,
government funding delivered through UK Research and Innovation’s flagship
‘Strength in Places Fund’ enabled unlock plans to put the Midlands as a global
center for advanced technical ceramics. Owing to the focus on positioning the
Midlands as a global center for advanced ceramics, the Midlands Industrial
Ceramics Group (MICG) is drawing on academia and industry to make the region
attractive for global investment.
MICG memberships involve small and medium
enterprises (SMEs) and blue-chip firms such as Morgan Advanced Materials,
Rolls-Royce, Lucideon, and JCB, as well as the universities of Birmingham,
Loughborough, and Leicester. Advanced ceramics enables to leverage the
competitiveness of major high-value breakthrough manufacturing industries. With
the partnership of the MICG partners, the manufacturer, end-user, and the
researcher, will be connected, allowing efficient problem-solving and rapid
commercialization. The increasing trend towards advanced ceramics is expected
to offer potential opportunities for market growth.
Scope of the UK Automotive Ceramics Market
Market Coverage
·
The market number available for 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
·
Segment Covered- By Material and Application
·
Competitive Landscape- 3M Co., CeramTec GmbH, Morgan
Advanced Materials plc, NGK Spark Plug Co., Ltd., and Kyocera Corp.
Key questions addressed by the report
·
What is the market growth rate?
·
Which segment dominates the market in the base year?
·
Which segment will project the fastest growth in the
market?
·
How COVID-19 impacted the market?
·
Recovery Timeline
·
Deviation from the pre-COVID forecast
·
Most affected country/segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain growth?
·
Where is the investment opportunity?
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UK Automotive Ceramics Market-Segmentation
By Material
·
Alumina Oxide Ceramics
·
Zirconia Oxide Ceramics
·
Others
By Application
·
Automotive Engine Parts
·
Automotive Electronics
·
Automotive Exhaust Systems
·
Others
Company Profiles
·
3M Co.
·
CeramTec GmbH
·
Dyson Technical Ceramics Ltd.
·
International Syalons (Newcastle) Ltd.
·
JAI Engineering Ltd.
·
Kyocera Corp.
·
Morgan Advanced Materials plc
·
Murugappa Morgan Thermal Ceramics Ltd.
·
NGK Spark Plug Co., Ltd.
·
O.I Filtration Ltd.
·
Precision Ceramics
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