The US automotive ceramics market is estimated to grow at a CAGR of 5.6% during the forecast period. Stringent vehicle emission regulations are one of the factors driving the US automotive ceramics market. The Tier 3 Motor Vehicle Emission and Fuel Standards program is part of a broad approach to decrease the effect of motor vehicles on public health and air quality. This vehicle emissions standards will decrease both evaporative and tailpipe emissions from medium-duty passenger vehicles, passenger cars, some heavy-duty vehicles, and light-duty trucks. The gasoline sulfur standard will allow more strict vehicle emissions standards and make emissions control systems more effective. In 2017, Tier 3 was started that establishes new vehicle emissions standards and reduces the sulfur content of gasoline.
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Ceramics in exhaust systems provide an extremely efficient way for the purification of vehicle emissions and improve the quality of air. Ceramic Diesel Particulate Filters (DPF) are primarily efficient, with some eliminating approximately 100% of soot from the exhaust emissions. Currently, DPF systems are being equipped as standard on several diesel vehicles, primarily heavy machinery, large trucks, and coaches. Apart from ceramics, other materials are also used in exhaust filters. Metal and paper fibers can also be utilized to filter diesel particles. Although, ceramic filters are cost-effective, are extremely durable, are easy to mass-produce, and offer fine filtration of particles.
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Scope of the US 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- Kyocera Corp., CoorsTek, Inc., Applied Ceramics, Inc., and Morgan Advanced Materials plc
Key Developments in the US Automotive Ceramics Market
• In November 2019, 3M introduced the new Automotive Window Film Ceramic IR Series. Nano-ceramic technology was used to develop this series that offers an extreme level of infrared heat rejection and restrict interference with electronics. It is designed to offer style and comfort with an attractive neutral color. Apart from comfort and visibility benefits, the series blocks up to 99.9% of ultraviolet (UV) light and offers a total sun protection factor (SPF) up to 1000+. The Ceramic IR Series is developed with a metal-free design to eliminate the risk of interference with electronics, including satellite radio, GPS, or mobile devices, including 5G.
• In December 2019, The CoorsTek Research Fellows Program paving the way in academic ceramic research, in collaboration with the Colorado School of Mines. In 2014, The CoorsTek Research Fellows Program was first launched with a $27 million donation from the Coors family to finance the research program and a 95,000?Sq. ft. CoorsTek Center for Applied Science and Engineering building on the Mines campus. The facility is designed to support academic and research activities for graduate, undergraduate, and doctorate level students.
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?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected country/segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
US Automotive Ceramics Market-Segmentation
By Material
• Alumina Oxide Ceramics
• Zirconia Oxide Ceramics
• Others
By Application
• Automotive Engine Parts
• Automotive Electronics
• Automotive Exhaust Systems
• Others
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