Growing Demand for Electronics Devices Bolsters Monolithic Ceramics Market to Touch $67.5 Billion by 2022
Industry Experts released an updated 2017 version of the global market research report on Monolithic Ceramics. As per the new version entitled ‘ Monolithic Ceramics – A Global Market Overview ’, Electrical & Electronic Components is estimated the largest application sector with US$26.3 billion in 2017 and also projected to be the fastest growing market during the analysis period 2017-2022 with a CAGR of 5.7%. Asia-Pacific is estimated and largest market for Monolithic Ceramics in 2017 while the region is also set to grow faster, compared to other regions, with projected CAGR of 6.8% during the same analysis period. Monolithic ceramics constitute the largest product category within the broader field of technical ceramics and include those ceramics that, as a rule, are not composites. On the other hand, in monolithic ceramics, the interface chemistry, as also the nature of mechanical and chemical bonding established between the two phases can be entirely different from that obtain...