セラミック基板市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年11月

Ceramic Substrates Market – Global Forecast to 2028

セラミック基板市場 : 製品タイプ (アルミナ、窒化アルミニウム、窒化ケイ素、酸化ベリリウム)、最終用途産業 (家電、自動車、通信、産業、軍事&航空電子機器)、地域別 – 2028年までの世界予測
Ceramic Substrates Market by Product Type (Alumina, Aluminum Nitride, Silicon Nitride, Beryllium oxide), End-use Industry (Consumer Electronics, Automotive, Telecom, Industrial, Military & Avionics), and Region – Global Forecast to 2028

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Report Overview

The ceramic substrates market size is estimated to USD 7.6 billion in 2023 to USD 10.3 billion by 2028, at a CAGR of 6.2% between 2023 and 2028. The ceramic substrate market is poised for growth due to the rising demand for advanced architectural solutions and the drive for miniaturization in electronic devices, coupled with a preference for ceramic substrates over traditional metal alternatives. Nevertheless, a significant challenge for the market lies in the volatility of raw material prices. On a positive note, opportunities abound in the form of increasing demand for nanotechnology and high-performance computing systems. These factors offer prospects for market expansion and innovation within the industry.

セラミック基板市場 : 2028年までの世界予測

“Alumina Substrates is projected to be the largest product type in the forecasted period.”
Alumina, a highly versatile advanced oxide ceramic material, finds extensive utility across a diverse spectrum of applications. The production of components for alumina substrates employs various manufacturing techniques, including uniaxial (die) pressing, isostatic pressing, injection molding, extrusion, and slip casting. Alumina stands out for its exceptional attributes, featuring remarkable strength, hardness, resistance to wear and corrosion, and stability in the face of elevated temperatures. These characteristics position alumina substrates as ideal insulating materials for applications within the realm of electrical and electronics engineering. Notably, alumina substrates are widely adopted in both thick and thin film applications due to their cost-effectiveness relative to alternative ceramic substrate options. This makes them a preferred choice in various industries seeking reliable solutions for electronic components and insulating materials.

セラミック基板市場 : 2028年までの世界予測 ecosystem

“The consumer electronics industry is estimated to account for the largest share, in terms of volume and value, of the overall ceramic substrate market between 2023 and 2028.”
The consumer electronics sector encompasses a wide range of electronic devices designed for daily use, primarily within entertainment and communication equipment. Within this sector, ceramic systems play a vital role in various packaging applications. Ceramic substrates emerge as a versatile and cost-effective thick film technology for consumer electronics products. Printed thick film ceramic substrates are employed in applications such as circuitry games, membrane touch switches, digital products, lighting, and signage. Furthermore, multilayer LTCC ceramic substrates find extensive utilization in digital cameras, contributing to the reduction of printed wiring board size and associated costs. One of the standout capabilities of ceramic substrates is their ability to support miniaturization, making them a suitable choice for compact packaging requirements, including in hearing aids and earphones. As the consumer electronics industry gears towards high-volume manufacturing for mobile products like smartphones, tablets, laptops, desktop PCs, set-top boxes, portable game consoles, video cameras, speakers, and earphones, the ceramic substrates market is set to experience a significant impact. This underscores the critical role of ceramic substrates in enabling compact, high-performance designs in the consumer electronics landscape.

“Europe is estimated to be the second largest ceramic substrate market during the forecast period”
The European ceramic substrates market presents a mature landscape, primarily attributable to the gradual relocation of manufacturing activities to regions characterized by higher demand and lower production costs. Furthermore, the financial crisis had a profound and lasting impact on European manufacturing industries, which are still in the process of recovery. This has led to a relatively stagnant demand for ceramic substrates within the region. Market participants are actively focusing on boosting the production of oxide ceramics in Europe, driving growth in the ceramic substrates market. It’s worth noting that the prices of ceramic substrates in Europe are notably higher than in North America. This price differential is primarily a result of the lower production of ceramic fibers within Europe and the imposition of higher import duties in the region. In addition to these dynamics, the mature European ceramic substrates market underscores the importance of innovation and diversification for industry players, aiming to tap into new opportunities and revitalize growth. Furthermore, it accentuates the significance of supply chain strategies to mitigate costs and challenges associated with production and trade within the region and across borders.
In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
• By Company Type: Tier 1 – 69%, Tier 2 – 23%, and Tier 3 – 8%
• By Designation: – Director Level – 27%, C-Level – 25%, and Others – 48%
• By Region: North America – 32%, Europe – 28%, Asia Pacific – 21%, South America – 12%, and Middle East & Africa – 7%,

セラミック基板市場 : 2028年までの世界予測 region

The key market players profiled in the report include KYOCERA Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), CoorsTek Inc. (US), CeramTec GmbH (Germany), MARUWA Co., Ltd. (Japan), KOA Corporation (Japan), Yokowo Co., Ltd. (Japan), TONG HSING ELECTRONIC Industries,LTD. (Taiwan), LEATEC Fine Ceramics Co,.Ltd. (Taiwan), and NIKKO COMPANY (Japan).


Research Coverage
This report segments the market for ceramic substrates on the basis of product type, end-use industry, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for ceramic substrates.


Reasons to buy this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the ceramic substrates market; high-growth regions; and market drivers, restraints, opportunities, and challenges.


The report provides insights on the following pointers:
• Analysis of key drivers (Necessity for advanced architecture and miniaturization of electronic devices, Growing demand for ceramic substrates over traditional metal substrate, Expansions in electronics industry, Global extension of 5G technology), restraints (Volatility in raw material prices), and challenges (Increasing demand for nanotechnology and high-end computing systems, Growing demand from medical industry) Opportunities (Issues related to recyclability and reparability, High price of ceramic substrates)
• Market Penetration: Comprehensive information on ceramic substrates offered by top players in the global ceramic substrates market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the ceramic substrates market
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for ceramic substrates across regions
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global ceramic substrates market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the ceramic substrates market
• Impact of recession on ceramic substrates Market

Table of Contents

1            INTRODUCTION            26

1.1         STUDY OBJECTIVES      26

1.2         MARKET DEFINITION   26

1.2.1      CERAMIC SUBSTRATES MARKET: INCLUSIONS AND EXCLUSIONS              26

1.2.2      CERAMIC SUBSTRATES: MARKET DEFINITION AND INCLUSIONS, BY PRODUCT TYPE             27

1.2.3      CERAMIC SUBSTRATES: MARKET DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY     28

1.3         MARKET SCOPE             28

1.3.1      REGIONS COVERED      29

1.3.2      YEARS CONSIDERED     29

1.4         CURRENCY        30

1.5         UNITS CONSIDERED     30

1.6         STAKEHOLDERS            30

1.7         SUMMARY OF CHANGES            30

1.7.1      IMPACT OF RECESSION 31

2            RESEARCH METHODOLOGY     32

2.1         RESEARCH DATA           32

FIGURE 1           CERAMIC SUBSTRATES MARKET: RESEARCH DESIGN    32

2.1.1      SECONDARY DATA       33

2.1.2      PRIMARY DATA 33

2.1.2.1   Primary interviews–Demand and supply sides              33

2.1.2.2   Key industry insights          34

2.1.2.3   Breakdown of primary interviews     35

2.2         MARKET SIZE ESTIMATION       35

2.2.1      BOTTOM-UP APPROACH           35

FIGURE 2           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)-COLLECTIVE SHARE OF MAJOR PLAYERS           36

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE) – COLLECTIVE REVENUE OF ALL PRODUCTS (BOTTOM-UP)              36

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE): PRODUCTS SOLD (BOTTOM-UP)        37

2.2.2      TOP-DOWN APPROACH             37

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4 (TOP-DOWN)   37

2.3         DATA TRIANGULATION             38

FIGURE 6           CERAMIC SUBSTRATES MARKET: DATA TRIANGULATION              38

2.4         GROWTH RATE ASSUMPTIONS/GROWTH FORECAST    39

2.4.1      SUPPLY SIDE    39

FIGURE 7           MARKET GROWTH PROJECTIONS FROM SUPPLY SIDE  39

2.4.2      DEMAND SIDE  40

FIGURE 8           MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES             40

2.5         IMPACT OF RECESSION 41

2.6         FACTOR ANALYSIS        41

2.7         ASSUMPTIONS 42

2.8         LIMITATIONS   42

2.9         RISK ASSESSMENT         42

3            EXECUTIVE SUMMARY 43

FIGURE 9           ALUMINA ACCOUNTED FOR LARGEST MARKET SHARE IN 2022              44

FIGURE 10         CONSUMER ELECTRONICS TO BE LARGEST END-USE INDUSTRY OF CERAMIC SUBSTRATES DURING FORECAST PERIOD       44

FIGURE 11         ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2022      45

4            PREMIUM INSIGHTS      46

4.1         ATTRACTIVE OPPORTUNITIES IN CERAMIC SUBSTRATES MARKET              46

FIGURE 12         INCREASING NEED FOR ADVANCED ARCHITECTURE AND MINIATURIZATION OF ELECTRONIC DEVICES TO DRIVE MARKET         46

4.2         CERAMIC SUBSTRATES MARKET, BY REGION    46

FIGURE 13         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       46

4.3         ASIA PACIFIC CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE & COUNTRY         47

FIGURE 14         ALUMINA DOMINATED OVERALL CERAMIC SUBSTRATES MARKET IN 2022             47

4.4         CERAMIC SUBSTRATES MARKET, END-USE INDUSTRY VS. REGION              47

FIGURE 15         CONSUMER ELECTRONICS END-USE INDUSTRY LED THE OVERALL CERAMIC SUBSTRATES MARKET        47

4.5         CERAMIC SUBSTRATES MARKET, BY MAJOR COUNTRIES            48

FIGURE 16         INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD              48

5            MARKET OVERVIEW     49

5.1         INTRODUCTION            49

5.2         MARKET DYNAMICS     49

FIGURE 17         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CERAMIC SUBSTRATES MARKET       49

5.2.1      DRIVERS            50

5.2.1.1   Need for advanced architecture and miniaturization of electronic devices 50

5.2.1.2   Increasing demand for ceramic substrates over traditional metal substrates              50

5.2.1.3   Advancements in electronics industry            50

TABLE 1             GLOBAL ELECTRICAL & ELECTRONICS INDUSTRY PRODUCTION  51

5.2.1.4   Global expansion of 5G technology  51

5.2.2      RESTRAINTS     51

5.2.2.1   Volatility in raw material prices        51

5.2.3      OPPORTUNITIES           52

5.2.3.1   Growing demand for nanotechnology and high-end computing systems   52

5.2.3.2   Increasing demand from medical industry      52

5.2.4      CHALLENGES   52

5.2.4.1   Issues related to recyclability and reparability 52

5.2.4.2   High price of ceramic substrates      53

5.3         PORTER’S FIVE FORCES ANALYSIS         53

FIGURE 18         CERAMIC SUBSTRATES MARKET: PORTER’S FIVE FORCES ANALYSIS          53

5.3.1      THREAT OF SUBSTITUTES         54

5.3.2      THREAT OF NEW ENTRANTS    54

5.3.3      BARGAINING POWER OF SUPPLIERS     54

5.3.4      BARGAINING POWER OF BUYERS           55

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 55

TABLE 2             CERAMIC SUBSTRATES MARKET: PORTER’S FIVE FORCES ANALYSIS          55

5.4         MACROECONOMIC INDICATORS           56

TABLE 3             GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2020–2028 (USD BILLION)      56

6            INDUSTRY TRENDS       57

6.1         SUPPLY CHAIN ANALYSIS          57

FIGURE 19         CERAMIC SUBSTRATES MARKET SUPPLY CHAIN            57

6.1.1      RAW MATERIALS           58

6.1.2      INTERMEDIATE MATERIAL       58

6.1.3      MANUFACTURING PROCESS     58

6.1.4      DISTRIBUTION 58

6.1.5      END-USE INDUSTRY     58

6.2         LIST OF COMPANIES OFFERING BOTH RAW MATERIALS AND CERAMIC SUBSTRATES    59

6.3         CERAMIC SUBSTRATE MANUFACTURING PROCESS       59

6.3.1      HIGH-TEMPERATURE CO-FIRED CERAMIC (HTCC)        60

6.3.2      LOW-TEMPERATURE CO-FIRED CERAMIC (LTCC)         62

6.3.3      DIRECT BONDED COPPER (DBC)           63

6.3.4      DIRECT PLATED COPPER (DPC)            65

6.3.5      LASER-ASSISTED MILLING (LAM)          66

6.4         TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS     67

6.4.1      REVENUE SHIFTS AND REVENUE POCKETS FOR CERAMIC SUBSTRATE MANUFACTURERS        67

FIGURE 20         REVENUE SHIFT IN CERAMIC SUBSTRATES MARKET     67

6.5         ECOSYSTEM/MARKET MAP       68

FIGURE 21         CERAMIC SUBSTRATES MARKET: ECOSYSTEM MAPPING              68

TABLE 4             CERAMIC SUBSTRATES MARKET: ROLE IN ECOSYSTEM 68

6.6         KEY STAKEHOLDERS & BUYING CRITERIA          70

6.6.1      KEY STAKEHOLDERS IN BUYING PROCESS         70

FIGURE 22         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES     70

TABLE 5             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES     70

6.6.2      BUYING CRITERIA         71

FIGURE 23         KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES              71

TABLE 6             KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES              71

6.7         PRICING ANALYSIS        72

6.7.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRIES      72

FIGURE 24         AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRIES            72

TABLE 7             AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRIES (USD/KG)       72

6.7.2      AVERAGE SELLING PRICE TREND, BY REGION  73

FIGURE 25         AVERAGE SELLING PRICE TREND OF CERAMIC SUBSTRATES, BY REGION        73

TABLE 8             AVERAGE SELLING PRICE TREND OF CERAMIC SUBSTRATES, BY REGION (USD/KG)   73

6.8         CASE STUDIES  74

6.8.1      CASE STUDY ON QUALITY IMPROVEMENT FOR LIQUID COMPOSITION ANALYSIS DEVICE         74

6.8.2      CASE STUDY ON ALUMINUM CASTING PART REPLACEMENT WITH FINE CERAMICS TO IMPROVE PRODUCTIVITY AND QUALITY   74

6.8.3      CASE STUDY ON SAMSUNG ELECTRONICS (TELECOMMUNICATION)              74

6.9         TECHNOLOGY ANALYSIS           75

6.9.1      LIST OF NEW TECHNOLOGIES FOR CERAMIC SUBSTRATES       75

6.10       TARIFF AND REGULATORY LANDSCAPE            76

6.10.1    REGULATIONS RELATED TO CERAMIC SUBSTRATES MARKET  76

6.10.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          78

6.11       KEY CONFERENCES & EVENTS IN 2023–2024       79

TABLE 9             CERAMIC SUBSTRATES MARKET: DETAILED LIST OF CONFERENCES & EVENTS          79

6.12       TRADE DATA    80

6.12.1    IMPORT SCENARIO OF CERAMIC SUBSTRATES 80

FIGURE 26         IMPORT OF CERAMIC SUBSTRATES, BY KEY COUNTRIES (2017–2022)    80

TABLE 10           IMPORT OF CERAMIC SUBSTRATES, BY REGION, 2017–2022 (USD MILLION) 80

6.12.2    EXPORT SCENARIO OF CERAMIC SUBSTRATES 81

FIGURE 27         EXPORT OF CERAMIC SUBSTRATES, BY KEY COUNTRIES (2017–2022)    81

TABLE 11           EXPORT OF CERAMIC SUBSTRATES, BY REGION, 2017–2022 (USD MILLION) 81

6.13       PATENT ANALYSIS        82

6.13.1    METHODOLOGY           82

6.13.2    DOCUMENT TYPE         82

FIGURE 28         PATENTS REGISTERED FOR CERAMIC SUBSTRATES, 2012–2022              83

FIGURE 29         PATENT PUBLICATION TRENDS FOR CERAMIC SUBSTRATES, 2012–2022          83

6.13.3    LEGAL STATUS OF PATENTS    84

FIGURE 30         LEGAL STATUS OF PATENTS FILED FOR CERAMIC SUBSTRATES    84

6.13.4    JURISDICTION ANALYSIS           84

FIGURE 31         MAXIMUM PATENTS FILED BY COMPANIES IN US          84

6.13.5    TOP APPLICANTS          85

FIGURE 32         INTERNATIONAL BUSINESS MACHINES CORPORATION REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2012 AND 2022              85

TABLE 12           LIST OF PATENTS BY MURATA MANUFACTURING CO., LTD.              85

TABLE 13           LIST OF PATENTS BY INTERNATIONAL BUSINESS MACHINES CORPORATION 86

TABLE 14           LIST OF PATENTS BY SAMSUNG ELECTRONICS CO., LTD.              86

TABLE 15           LIST OF PATENTS BY KYOCERA CORPORATION             87

TABLE 16           TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS            87

7            CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE    88

7.1         INTRODUCTION            89

FIGURE 33         CERAMIC SUBSTRATE FABRICATION PROCESS 89

TABLE 17           CERAMIC SUBSTRATE FABRICATION TECHNOLOGY     90

TABLE 18           THERMAL CONDUCTIVITY OF VARIOUS CERAMICS       90

FIGURE 34         ALUMINUM NITRIDE TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD     91

TABLE 19           CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)     91

TABLE 20           CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)     91

TABLE 21           CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (TON)        92

TABLE 22           CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (TON)        92

7.2         ALUMINA          92

7.2.1      MOST WIDELY USED ADVANCED OXIDE CERAMIC MATERIAL  92

TABLE 23           ALUMINA: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (USD MILLION)     93

TABLE 24           ALUMINA: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (USD MILLION)     93

TABLE 25           ALUMINA: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (TON)        93

TABLE 26           ALUMINA: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (TON)        94

7.3         ALUMINUM NITRIDE    94

7.3.1      ASIA PACIFIC TO BE LARGEST MARKET DURING FORECAST PERIOD              94

TABLE 27           ALUMINUM NITRIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (USD MILLION)       94

TABLE 28           ALUMINUM NITRIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (USD MILLION)       95

TABLE 29           ALUMINUM NITRIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (TON)          95

TABLE 30           ALUMINUM NITRIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (TON)          95

7.4         BERYLLIUM OXIDE        96

7.4.1      HIGH COST RESTRICTING WIDESPREAD APPLICATION IN MANY END-USE SEGMENTS 96

TABLE 31           BERYLLIUM OXIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (USD MILLION)       96

TABLE 32           BERYLLIUM OXIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (USD MILLION)       96

TABLE 33           BERYLLIUM OXIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (TON)          97

TABLE 34           BERYLLIUM OXIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (TON)          97

7.5         SILICON NITRIDE          97

7.5.1      SIGNIFICANT USE IN HIGH-POWER ELECTRONIC APPLICATIONS TO DRIVE MARKET 97

TABLE 35           SILICON NITRIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (USD MILLION)       98

TABLE 36           SILICON NITRIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (USD MILLION)       98

TABLE 37           SILICON NITRIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (TON)          99

TABLE 38           SILICON NITRIDE: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (TON)          99

7.6         OTHERS             99

TABLE 39           OTHERS: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (USD MILLION)     100

TABLE 40           OTHERS: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (USD MILLION)     100

TABLE 41           OTHERS: CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (TON)        100

TABLE 42           OTHERS: CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (TON)        101

8            CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY          102

8.1         INTRODUCTION            103

FIGURE 35         AUTOMOTIVE TO BE FASTEST-GROWING END-USE INDUSTRY OF CERAMIC SUBSTRATES DURING FORECAST PERIOD             103

TABLE 43           CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)          103

TABLE 44           CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)          104

TABLE 45           CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)            104

TABLE 46           CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)            105

8.2         CONSUMER ELECTRONICS        105

8.2.1      CERAMIC SUBSTRATES WIDELY USED AS VERSATILE AND COST-EFFECTIVE THICK FILM TECHNOLOGY IN CONSUMER ELECTRONICS  105

TABLE 47          CERAMIC SUBSTRATES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2017–2021 (USD MILLION)  105

TABLE 48          CERAMIC SUBSTRATES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2022–2028 (USD MILLION)  106

TABLE 49          CERAMIC SUBSTRATES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2017–2021 (TON)    106

TABLE 50          CERAMIC SUBSTRATES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2022–2028 (TON)    106

8.3         AUTOMOTIVE  107

8.3.1      HIGH THERMAL CONDUCTIVITY OF CERAMIC SUBSTRATES DRIVING DEMAND IN AUTOMOBILE MANUFACTURING 107

TABLE 51          CERAMIC SUBSTRATES MARKET IN AUTOMOTIVE, BY REGION, 2017–2021 (USD MILLION)          107

TABLE 52          CERAMIC SUBSTRATES MARKET IN AUTOMOTIVE, BY REGION, 2022–2028 (USD MILLION)          107

TABLE 53          CERAMIC SUBSTRATES MARKET IN AUTOMOTIVE, BY REGION, 2017–2021 (TON)            108

TABLE 54          CERAMIC SUBSTRATES MARKET IN AUTOMOTIVE, BY REGION, 2022–2028 (TON)            108

8.4         TELECOM         108

8.4.1      CERAMIC SUBSTRATES ENABLE MINIATURIZATION OF CIRCUITS              108

TABLE 55           CERAMIC SUBSTRATES MARKET IN TELECOM, BY REGION, 2017–2021 (USD MILLION)          109

TABLE 56           CERAMIC SUBSTRATES MARKET IN TELECOM, BY REGION, 2022–2028 (USD MILLION)          109

TABLE 57           CERAMIC SUBSTRATES MARKET IN TELECOM, BY REGION, 2017–2021 (TON)            110

TABLE 58           CERAMIC SUBSTRATES MARKET IN TELECOM, BY REGION, 2022–2028 (TON)            110

8.5         INDUSTRIAL     110

8.5.1      ADVANCED MANUFACTURING TECHNOLOGIES DRIVING DEMAND IN DIFFERENT INDUSTRIAL APPLICATIONS           110

TABLE 59           CERAMIC SUBSTRATES MARKET IN INDUSTRIAL, BY REGION, 2017–2021 (USD MILLION)          110

TABLE 60           CERAMIC SUBSTRATES MARKET IN INDUSTRIAL, BY REGION, 2022–2028 (USD MILLION)          111

TABLE 61           CERAMIC SUBSTRATES MARKET IN INDUSTRIAL, BY REGION, 2017–2021 (TON)            111

TABLE 62           CERAMIC SUBSTRATES MARKET IN INDUSTRIAL, BY REGION, 2022–2028 (TON)            111

8.6         MILITARY & AVIONICS  112

8.6.1      GROWING MINIATURIZATION AND DEMAND FOR LIGHTWEIGHT EQUIPMENT TO DRIVE MARKET            112

TABLE 63           CERAMIC SUBSTRATES MARKET IN MILITARY & AVIONICS, BY REGION, 2017–2021 (USD MILLION)       112

TABLE 64           CERAMIC SUBSTRATES MARKET IN MILITARY & AVIONICS, BY REGION, 2022–2028 (USD MILLION)       112

TABLE 65           CERAMIC SUBSTRATES MARKET IN MILITARY & AVIONICS, BY REGION, 2017–2021 (TON)          113

TABLE 66           CERAMIC SUBSTRATES MARKET IN MILITARY & AVIONICS, BY REGION, 2022–2028 (TON)          113

8.7         OTHERS             113

TABLE 67           CERAMIC SUBSTRATES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2021 (USD MILLION)      114

TABLE 68           CERAMIC SUBSTRATES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2022–2028 (USD MILLION)      114

TABLE 69           CERAMIC SUBSTRATES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2021 (TON)        115

TABLE 70           CERAMIC SUBSTRATES MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2022–2028 (TON)        115

9            CERAMIC SUBSTRATES MARKET, BY REGION    116

9.1         INTRODUCTION            117

FIGURE 36         ASIA PACIFIC TO BE LARGEST AND FASTEST-GROWING MARKET FOR CERAMIC SUBSTRATES    117

TABLE 71           CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (USD MILLION)          118

TABLE 72           CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (USD MILLION)          118

TABLE 73           CERAMIC SUBSTRATES MARKET, BY REGION, 2017–2021 (TON)              119

TABLE 74           CERAMIC SUBSTRATES MARKET, BY REGION, 2022–2028 (TON)              119

9.2         ASIA PACIFIC    119

9.2.1      IMPACT OF RECESSION 120

FIGURE 37         ASIA PACIFIC: CERAMIC SUBSTRATES MARKET SNAPSHOT              120

9.2.2      ASIA PACIFIC CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE              121

TABLE 75           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)             121

TABLE 76           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)             121

TABLE 77           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (TON) 122

TABLE 78           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (TON) 122

9.2.3      ASIA PACIFIC CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY              122

TABLE 79           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   122

TABLE 80           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   123

TABLE 81           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     123

TABLE 82           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     124

9.2.4      ASIA PACIFIC CERAMIC SUBSTRATES MARKET, BY COUNTRY    124

TABLE 83           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (USD MILLION)          124

TABLE 84           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)          125

TABLE 85           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (TON)            125

TABLE 86           ASIA PACIFIC: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (TON)            126

9.2.4.1   China     126

9.2.4.1.1 Presence of manufacturing hub of major consumer electronics companies to drive demand 126

TABLE 87           CHINA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   127

TABLE 88           CHINA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   127

TABLE 89           CHINA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     128

TABLE 90           CHINA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     128

9.2.4.2   Japan     128

9.2.4.2.1 Strong electronics and automotive sectors to fuel demand          128

TABLE 91           JAPAN: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   129

TABLE 92           JAPAN: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   129

TABLE 93           JAPAN: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     130

TABLE 94           JAPAN: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     130

9.2.4.3   South Korea        130

9.2.4.3.1 Increasing infrastructural developments driving ceramic substrates market              130

TABLE 95           SOUTH KOREA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   131

TABLE 96           SOUTH KOREA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   131

TABLE 97           SOUTH KOREA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     132

TABLE 98           SOUTH KOREA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     132

9.2.4.4   Taiwan  132

9.2.4.4.1 Presence of major players in advanced microelectronics packaging services to support market growth       132

TABLE 99           TAIWAN: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   133

TABLE 100         TAIWAN: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   133

TABLE 101         TAIWAN: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     134

TABLE 102         TAIWAN: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     134

9.2.4.5   Malaysia 134

9.2.4.5.1 Electrical & electronics sector to drive market 134

TABLE 103         MALAYSIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   135

TABLE 104         MALAYSIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   135

TABLE 105         MALAYSIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     136

TABLE 106         MALAYSIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     136

9.2.4.6   Singapore            136

9.2.4.6.1 Presence of leading aviation hub for maintenance, repair, and overhaul (MRO) activities to drive market    136

TABLE 107         SINGAPORE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   137

TABLE 108         SINGAPORE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   137

TABLE 109         SINGAPORE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     138

TABLE 110         SINGAPORE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     138

9.2.4.7   India      138

9.2.4.7.1 Fastest-growing ceramic substrates market globally     138

TABLE 111         INDIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   139

TABLE 112         INDIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   139

TABLE 113         INDIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     140

TABLE 114         INDIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     140

9.2.4.8   Australia 140

9.2.4.8.1 Advancements in electronics, aviation, and telecom sectors to increase consumption        140

TABLE 115         AUSTRALIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   141

TABLE 116         AUSTRALIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   141

TABLE 117         AUSTRALIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     142

TABLE 118         AUSTRALIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     142

9.3         EUROPE             143

9.3.1      IMPACT OF RECESSION 143

FIGURE 38         EUROPE: CERAMIC SUBSTRATES MARKET SNAPSHOT  144

9.3.2      EUROPE CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE  144

TABLE 119         EUROPE: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)          144

TABLE 120         EUROPE: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)          145

TABLE 121         EUROPE: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (TON)            145

TABLE 122         EUROPE: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (TON)            146

9.3.3      EUROPE CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY              146

TABLE 123         EUROPE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   146

TABLE 124         EUROPE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   146

TABLE 125         EUROPE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     147

TABLE 126         EUROPE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     147

9.3.4      EUROPE CERAMIC SUBSTRATES MARKET, BY COUNTRY            148

TABLE 127         EUROPE: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (USD MILLION)     148

TABLE 128         EUROPE: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)     148

TABLE 129         EUROPE: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (TON)        149

TABLE 130         EUROPE: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (TON)        149

9.3.4.1   Germany             149

9.3.4.1.1 Aerospace and automotive industries boosting demand for ceramic substrates              149

TABLE 131         GERMANY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   150

TABLE 132         GERMANY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   150

TABLE 133         GERMANY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     151

TABLE 134         GERMANY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     151

9.3.4.2   France   151

9.3.4.2.1 Presence of major players in key sectors influencing market growth         151

TABLE 135         FRANCE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   152

TABLE 136         FRANCE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   152

TABLE 137         FRANCE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     153

TABLE 138         FRANCE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     153

9.3.4.3   UK         153

9.3.4.3.1 Growth of automotive sector to propel market             153

TABLE 139         UK: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)          154

TABLE 140         UK: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)          154

TABLE 141         UK: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)            155

TABLE 142         UK: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)            155

9.3.4.4   Italy       155

9.3.4.4.1 Aerospace and telecommunications industries influencing demand for ceramic substrates            155

TABLE 143         ITALY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   156

TABLE 144         ITALY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   156

TABLE 145         ITALY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     157

TABLE 146         ITALY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     157

9.3.4.5   Poland   157

9.3.4.5.1 High economic growth to support market growth         157

TABLE 147         POLAND: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   158

TABLE 148         POLAND: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   158

TABLE 149         POLAND: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     159

TABLE 150         POLAND: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     159

9.3.4.6   Netherlands         159

9.3.4.6.1 Expanding manufacturing base for various end-use segments driving market              159

TABLE 151         NETHERLANDS: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   160

TABLE 152         NETHERLANDS: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   160

TABLE 153         NETHERLANDS: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     161

TABLE 154         NETHERLANDS: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     161

9.3.4.7   Russia    161

9.3.4.7.1 Electronics & appliances and automotive industries to propel demand     161

TABLE 155         RUSSIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   162

TABLE 156         RUSSIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   162

TABLE 157         RUSSIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     163

TABLE 158         RUSSIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     163

9.4         NORTH AMERICA          163

9.4.1      IMPACT OF RECESSION 163

FIGURE 39         NORTH AMERICA: CERAMIC SUBSTRATES MARKET SNAPSHOT              164

9.4.2      NORTH AMERICA CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE              165

TABLE 159         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)       165

TABLE 160         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)       165

TABLE 161         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (TON)          166

TABLE 162         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (TON)          166

9.4.3      NORTH AMERICA CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY         166

TABLE 163         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)         166

TABLE 164         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)         167

TABLE 165         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)           167

TABLE 166         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)           168

9.4.4      NORTH AMERICA CERAMIC SUBSTRATES MARKET, BY COUNTRY              168

TABLE 167         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (USD MILLION)    168

TABLE 168         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)    168

TABLE 169         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (TON)      169

TABLE 170         NORTH AMERICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (TON)      169

9.4.4.1   US         169

9.4.4.1.1 Increasing demand from automotive, military, and electronics sectors to boosts market growth     169

TABLE 171         US: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)          170

TABLE 172         US: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)          170

TABLE 173         US: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)            171

TABLE 174         US: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)            171

9.4.4.2   Canada  171

9.4.4.2.1 Increasing trend of miniaturization in telecom industry to fuel growth     171

TABLE 175         CANADA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   172

TABLE 176         CANADA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   172

TABLE 177         CANADA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     173

TABLE 178         CANADA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     173

9.4.4.3   Mexico  173

9.4.4.3.1 Growing manufacturing industries and technological advancements to drive market   173

TABLE 179         MEXICO: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   174

TABLE 180         MEXICO: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   174

TABLE 181         MEXICO: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     175

TABLE 182         MEXICO: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     175

9.5         MIDDLE EAST & AFRICA             175

9.5.1      IMPACT OF RECESSION 176

9.5.2      MIDDLE EAST & AFRICA CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE             176

TABLE 183         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)       176

TABLE 184         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)       176

TABLE 185         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (TON)          177

TABLE 186         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (TON)          177

9.5.3      MIDDLE EAST & AFRICA CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY         178

TABLE 187         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 178

TABLE 188         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 178

TABLE 189         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)  179

TABLE 190         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)  179

9.5.4      MIDDLE EAST & AFRICA CERAMIC SUBSTRATES MARKET, BY COUNTRY         180

TABLE 191         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (USD MILLION)    180

TABLE 192         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)    180

TABLE 193         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (TON)      181

TABLE 194         MIDDLE EAST & AFRICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (TON)      181

9.5.4.1   GCC      181

9.5.4.1.1 UAE      182

9.5.4.1.1.1           Largest market for ceramic substrates in Middle East & Africa   182

TABLE 195         UAE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)          182

TABLE 196         UAE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)          183

TABLE 197         UAE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)            183

TABLE 198         UAE: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)            184

9.5.4.1.2 Saudi Arabia        184

9.5.4.1.2.1           High military spending to positively influence market  184

TABLE 199         SAUDI ARABIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   184

TABLE 200         SAUDI ARABIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   185

TABLE 201         SAUDI ARABIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     185

TABLE 202         SAUDI ARABIA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     186

9.5.4.2   Turkey   186

9.5.4.2.1 Increase in production of consumer electronics to propel market             186

TABLE 203         TURKEY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   186

TABLE 204         TURKEY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   187

TABLE 205         TURKEY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     187

TABLE 206         TURKEY: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     188

9.5.4.3   South Africa        188

9.5.4.3.1 Increasing demand from automotive sector to support market growth      188

TABLE 207         SOUTH AFRICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   188

TABLE 208         SOUTH AFRICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   189

TABLE 209         SOUTH AFRICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     189

TABLE 210         SOUTH AFRICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     190

9.6         SOUTH AMERICA           190

9.6.1      IMPACT OF RECESSION 190

9.6.2      SOUTH AMERICA CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE              191

TABLE 211         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)       191

TABLE 212         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)       191

TABLE 213         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2017–2021 (TON)          192

TABLE 214         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY PRODUCT TYPE, 2022–2028 (TON)          192

9.6.3      SOUTH AMERICA CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY         192

TABLE 215         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)         192

TABLE 216         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)         193

TABLE 217         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)           193

TABLE 218         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)           194

9.6.4      SOUTH AMERICA CERAMIC SUBSTRATES MARKET, BY COUNTRY              194

TABLE 219         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (USD MILLION)    194

TABLE 220         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)    194

TABLE 221         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2017–2021 (TON)      195

TABLE 222         SOUTH AMERICA: CERAMIC SUBSTRATES MARKET, BY COUNTRY, 2022–2028 (TON)      195

9.6.4.1   Brazil     195

9.6.4.1.1 Growing aviation industry to drive demand for ceramic substrates           195

TABLE 223         BRAZIL: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   196

TABLE 224         BRAZIL: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   196

TABLE 225         BRAZIL: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2017–2021 (TON)     197

TABLE 226         BRAZIL: CERAMIC SUBSTRATES MARKET, BY END-USE INDUSTRY, 2022–2028 (TON)     197

10          COMPETITIVE LANDSCAPE       198

10.1       INTRODUCTION            198

10.2       KEY PLAYER STRATEGIES          198

TABLE 227         OVERVIEW OF STRATEGIES ADOPTED BY KEY CERAMIC SUBSTRATE MANUFACTURERS 198

10.3       COMPARATIVE ANALYSIS OF MAJOR PLAYERS  200

TABLE 228         COMPARATIVE ANALYSIS OF MAJOR CERAMIC SUBSTRATE MANUFACTURERS        200

10.4       RANKING OF KEY MARKET PLAYERS, 2022          207

FIGURE 40         RANKING OF TOP 5 PLAYERS IN CERAMIC SUBSTRATES MARKET, 2022  207

10.5       MARKET SHARE ANALYSIS         207

TABLE 229         CERAMIC SUBSTRATES MARKET: DEGREE OF COMPETITION              208

FIGURE 41         KYOCERA CORPORATION LED CERAMIC SUBSTRATES MARKET IN 2022             208

10.6       REVENUE ANALYSIS OF TOP 5 PLAYERS             209

FIGURE 42         REVENUE ANALYSIS OF KEY COMPANIES IN LAST 5 YEARS              209

10.7       COMPANY EVALUATION MATRIX (TIER 1)         210

10.7.1    STARS  210

10.7.2    EMERGING LEADERS    210

10.7.3    PERVASIVE PLAYERS     210

10.7.4    PARTICIPANTS 210

FIGURE 43         COMPANY EVALUATION MATRIX, 2022 211

10.7.5    COMPANY FOOTPRINT 212

FIGURE 44         CERAMIC SUBSTRATES MARKET: COMPANY FOOTPRINT              212

TABLE 230         CERAMIC SUBSTRATES MARKET: PRODUCT TYPE FOOTPRINT              213

TABLE 231         CERAMIC SUBSTRATES MARKET: END-USE INDUSTRY FOOTPRINT      214

TABLE 232         CERAMIC SUBSTRATES MARKET: COMPANY REGION FOOTPRINT      215

10.8       START-UP/SME EVALUATION MATRIX 216

10.8.1    PROGRESSIVE COMPANIES       216

10.8.2    RESPONSIVE COMPANIES          216

10.8.3    DYNAMIC COMPANIES 216

10.8.4    STARTING BLOCKS       216

FIGURE 45         START-UP/SME EVALUATION MATRIX, 2022      217

10.8.5    COMPETITIVE BENCHMARKING            218

TABLE 233         CERAMIC SUBSTRATES MARKET: DETAILED LIST OF KEY START-UPS/SMES          218

TABLE 234         CERAMIC SUBSTRATES MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES      218

10.9       COMPETITIVE SITUATION AND TRENDS           219

10.9.1    PRODUCT LAUNCHES  219

TABLE 235         CERAMIC SUBSTRATES MARKET: PRODUCT LAUNCHES (2018–2023)    219

10.9.2    OTHER DEVELOPMENTS           220

TABLE 236        CERAMIC SUBSTRATES MARKET: EXPANSIONS, INVESTMENTS, AND INNOVATIONS (2018–2023)             220

11          COMPANY PROFILES    221

(Business overview, Products offered, Recent developments & MnM View)*

11.1       KEY PLAYERS   221

11.1.1    KYOCERA CORPORATION         221

TABLE 237         KYOCERA CORPORATION: COMPANY OVERVIEW          221

FIGURE 46         KYOCERA CORPORATION: COMPANY SNAPSHOT          222

11.1.2    MURATA MANUFACTURING CO., LTD. 225

TABLE 238         MURATA MANUFACTURING CO., LTD.: COMPANY OVERVIEW              225

FIGURE 47         MURATA MANUFACTURING CO., LTD.: COMPANY SNAPSHOT              226

11.1.3    COORSTEK INC.             229

TABLE 239         COORSTEK INC.: COMPANY OVERVIEW 229

11.1.4    CERAMTEC GMBH         231

TABLE 240         CERAMTEC GMBH: COMPANY OVERVIEW         231

FIGURE 48         CERAMTEC GMBH: COMPANY SNAPSHOT         231

11.1.5    MARUWA CO., LTD.       234

TABLE 241         MARUWA CO., LTD.: COMPANY OVERVIEW       234

FIGURE 49         MARUWA CO., LTD.: COMPANY SNAPSHOT       234

11.1.6    KOA CORPORATION     236

TABLE 242         KOA CORPORATION: COMPANY OVERVIEW      236

FIGURE 50         KOA CORPORATION: COMPANY SNAPSHOT     236

11.1.7    YOKOWO CO., LTD.       238

TABLE 243         YOKOWO CO., LTD.: COMPANY OVERVIEW       238

FIGURE 51         YOKOWO CO., LTD.: COMPANY SNAPSHOT       239

11.1.8    TONG HSING ELECTRONIC INDUSTRIES, LTD. 241

TABLE 244         TONG HSING ELECTRONIC INDUSTRIES, LTD.: COMPANY OVERVIEW        241

FIGURE 52         TONG HSING ELECTRONIC INDUSTRIES, LTD.: COMPANY SNAPSHOT        241

11.1.9    LEATEC FINE CERAMICS CO., LTD.        244

TABLE 245         LEATEC FINE CERAMICS CO., LTD.: COMPANY OVERVIEW              244

FIGURE 53         LEATEC FINE CERAMICS CO., LTD.: COMPANY SNAPSHOT              244

11.1.10  NIKKO COMPANY          246

TABLE 246         NIKKO COMPANY: COMPANY OVERVIEW          246

FIGURE 54         NIKKO COMPANY: COMPANY SNAPSHOT          246

*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.

11.2       OTHER PLAYERS           248

11.2.1    NITERRA CO., LTD.        248

TABLE 247         NITERRA CO., LTD.: COMPANY OVERVIEW        248

11.2.2    ENRG INC.         248

TABLE 248         ENRG INC.: COMPANY OVERVIEW         248

11.2.3    NIPPON CARBIDE INDUSTRIES CO., INC.            249

TABLE 249         NIPPON CARBIDE INDUSTRIES CO., INC.: COMPANY OVERVIEW        249

11.2.4    TA-I TECHNOLOGY CO., LTD.   249

TABLE 250         TA-I TECHNOLOGY CO., LTD.: COMPANY OVERVIEW   249

11.2.5    ECOCERA OPTRONICS CO., LTD.            250

TABLE 251         ECOCERA OPTRONICS CO., LTD.: COMPANY OVERVIEW              250

11.2.6    TOSHIBA MATERIALS CO., LTD.             250

TABLE 252         TOSHIBA MATERIALS CO., LTD.: COMPANY OVERVIEW 250

11.2.7    ICP TECHNOLOGY CO., LTD.    251

TABLE 253         ICP TECHNOLOGY CO., LTD.: COMPANY OVERVIEW     251

11.2.8    ADVANCED SUBSTRATE MICROTECHNOLOGY CORPORATION 251

TABLE 254         ADVANCED SUBSTRATE MICROTECHNOLOGY CORPORATION: COMPANY OVERVIEW 251

11.2.9    ANAREN            252

TABLE 255         ANAREN: COMPANY OVERVIEW             252

11.2.10  CHAOZHOU THREE-CIRCLE (GROUP) CO., LTD.             252

TABLE 256         CHAOZHOU THREE-CIRCLE (GROUP) CO., LTD.: COMPANY OVERVIEW        252

11.2.11  AGC INC.            253

TABLE 257         AGC INC.: COMPANY OVERVIEW            253

11.2.12  HITECH CERAMICS       253

TABLE 258         HITECH CERAMICS: COMPANY OVERVIEW        253

11.2.13  ORTECH ADVANCED CERAMICS            254

TABLE 259         ORTECH ADVANCED CERAMICS: COMPANY OVERVIEW              254

11.2.14  STANFORD ADVANCED MATERIALS     254

TABLE 260         STANFORD ADVANCED MATERIALS: COMPANY OVERVIEW              254

11.2.15  ANTS CERAMICS            255

TABLE 261         ANTS CERAMICS: COMPANY OVERVIEW             255

12          ADJACENT MARKETS    256

12.1       INTRODUCTION            256

12.2       LIMITATION     256

12.3       HERMETIC PACKAGING MARKET          256

12.3.1    MARKET DEFINITION   256

12.3.2    MARKET OVERVIEW     257

12.4       HERMETIC PACKAGING MARKET, BY REGION   257

TABLE 262         HERMETIC PACKAGING MARKET, BY REGION, 2018–2025 (USD MILLION)          257

12.4.1    ASIA PACIFIC    257

TABLE 263         HERMETIC PACKAGING MARKET IN ASIA PACIFIC, BY COUNTRY, 2018–2025 (USD MILLION)    257

12.4.2    EUROPE             258

TABLE 264         HERMETIC PACKAGING MARKET IN EUROPE, BY COUNTRY, 2018–2025 (USD MILLION)          258

12.4.3    NORTH AMERICA          258

TABLE 265         HERMETIC PACKAGING MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2025 (USD MILLION)    258

12.4.4    REST OF WORLD            259

TABLE 266         HERMETIC PACKAGING MARKET IN REST OF WORLD, BY REGION, 2018–2025 (USD MILLION)       259

13          APPENDIX         260

13.1       DISCUSSION GUIDE      260

13.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             263

13.3       CUSTOMIZATION OPTIONS      265

13.4       RELATED REPORTS       265

13.5       AUTHOR DETAILS         266