Forecast 2017 – 2025 Cermet Market - Global Industry Analysis, Size, Share, Growth, Trends
"Cermet
Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2017 - 2025"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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– Cermets
are composites, wherein ceramic materials and metals join together to
give a composite with the high temperature performance or wear
resistance of a ceramic and the toughness, flexibility, or electrical
conductivity of a metal. A cermet is ideally designed to offer
optimal properties of both a ceramic (such as high temperature
resistance and hardness) and a metal (such as the ability to undergo
plastic deformation). Metal is used as a binder for an oxide, boride,
or carbide. Generally, metallic elements used are nickel, molybdenum,
and cobalt. Depending on the physical structure of the material,
cermets can also be metal matrix composites; however, cermets are
usually less than 20% metal in terms of volume.
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– Cermets
are used in the manufacture of electrical components such as
resistors, capacitors, and other electronic components that may
experience high temperature. Cermets offer a perfect solution in
components such as resistors and vacuum tubes (valves).They are used
instead of tungsten carbide in saws and other brazed tools due to
their superior wear and corrosion properties. Machine tools are
another increasingly common usage of cermets, which offer higher
toughness and wear resistance than traditional materials. Titanium
carbide (TiC), from which many cutting and drilling tools are made,
is a popular choice of cermet for tools used in milling, turning and
boring, and for making threads and grooves. Typically, cermet tools
are made either with titanium carbide alone or with both titanium
carbide and titanium nitride (TiN). Generally, cermets provide higher
cutting-tool speeds, better surface finish, and last much longer than
traditional tool parts. Unlike tools coated in carbide, cermet coated
tools do not wear in the same way, but effectively regenerate
themselves.
Some
types of cermets are also being used in spacecraft shielding, as they
resist the high velocity impacts of micrometeoroids and orbital
debris much more effectively than traditional spacecraft materials
such as aluminum and other metals.
The cermet market has been evolving. Cermet is an
important material in aviation and space sectors. This is boosting
the cermet market. The market for cermets is likely to remain strong
in the near future, as the material has been garnering attention in
emerging economies. These advantages of cermets and their ability to
resist high temperatures effectively are considered to be prominent
drivers of the global cermet market. Thus, the cermet market is
estimated to expand significantly in the near future.
North America and Europe are the dominant regions
of the cermet market led by the presence of abundant natural
resources and manufacturing industries. Asia Pacific is expected to
contribute significantly to the global cermet market during the
forecast period owing to the growth in electronics and aerospace
industries. New inventions and technologies are also likely to boost
the cermet market in the region.
Key manufacturers operating in the cermet market
are Sandvik Coromant, Iscar Ltd., Cermet Materials, KYOCERA
Corporation, and Mitsubishi Hitachi Tool Engineering, Ltd.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
– The study is a
source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
– The regional
analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
– The report has been compiled
through extensive primary research (through interviews, surveys, and
observations of seasoned analysts) and secondary research (which
entails reputable paid sources, trade journals, and industry body
databases). The report also features a complete qualitative and
quantitative assessment by analyzing data gathered from industry
analysts and market participants across key points in the industry’s
value chain.
– A separate analysis of
prevailing trends in the parent market, macro- and micro-economic
indicators, and regulations and mandates is included under the
purview of the study. By doing so, the report projects the
attractiveness of each major segment over the forecast period.
– – Highlights of
the report:
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- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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Clear Details get Table of Contents @
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