Why Are Consumer Electronic Manufacturers Using Electroceramics?

Electroceramics refer to a type of ceramic-based materials that exhibit favorable electrical properties. Such materials impart high chemical, mechanical, and thermal stability to products upon integration. Furthermore, these materials also have distinct magnetic and optical properties, which encourage their use in automation solutions, energy storage, communication, and electronic devices and components. These ceramics are made up of titanate, alumina, zirconate, stannate, silicate, or stannate. In recent years, alumina-based electroceramics have gained preference over other materials because of their exceptional heat resistance, better thermal conductivity, exceptional hardness, and high electrical insulation properties. 

Electroceramics are being increasingly used in the semiconductor and electronics industry for manufacturing capacitors, actuators and sensors, power distribution devices, and data storage devices. These products are largely used in consumer electronics such as laptops, smartphones, and computers, owing to their ability to maintain technological feasibility, amplify economic viability, and optimize size and space constraints in such electronics. Thus, the burgeoning demand for consumer electronics will help the electroceramics market to advance at 5.9% CAGR during 2018–2023. The market was valued at $8,590.9 million in 2017 and it is expected to reach  $12,084.4 million revenue by 2023.

According to P&S Intelligence, Asia-Pacific (APAC) dominated the electroceramics market in the preceding years, and it is also expected to advance at the highest rate in the forthcoming years. This can be majorly owed to the high-volume consumption of electroceramics in the consumer electronics and automotive manufacturing facilities in India, China, Taiwan, Japan, and South Korea. Moreover, the flourishing medical industry and surging production of information and communications technology (ICT) goods in the region will also augment the consumption of such ceramics in the coming years. 

Thus, the booming demand for automobiles, consumer electronics, and medical devices will accelerate the consumption of electroceramics in the foreseeable future.