Stringent Vehicle Emission Regulation to Reflect Positively on Asia-Pacific Automotive Ceramics Market

Asia-Pacific automotive ceramics market is estimated to grow at a significant CAGR of 6.8% during the forecast period. Stringent vehicle emission regulation is one of the crucial factors driving the growth of the market. On June 28, 2018, the Ministry of Ecology and Environment (MEE) of the People’s Republic of China launched the final rule for the China VI emission standard for heavy-duty vehicles. This emission standard was implemented in two phases. On July 1, 2019, China VI-a will come into effect for new gas-powered heavy-duty vehicles (HDVs), on July 1, 2020, for new urban HDVs, and July 1, 2021, for the remaining new HDVs. On January 1, 2021, China VI-b will come into effect for new gas-powered HDVs, later on, July 1, 2023, for all new HDVs. While completely implemented, China VI will need all new HDVs that are sold in China to fulfill the standard. 

Browse the full report description of "Asia-Pacific Automotive Ceramics Market Size, Share & Trends Analysis Report, by Material (Alumina Oxide Ceramics, Zirconia Oxide Ceramics, and Others), by Application (Automotive Engine Parts, Automotive Electronics, Automotive Exhaust Systems, and Others) and Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/asia-pacific-automotive-ceramics-market

China VI-a is mostly equal to Euro VI, and China VI-b launches slightly more strict testing needs and a remote emission monitoring system. The strict emission regulation on automobiles is contributing to the adoption of automotive components manufactured from ceramic materials. In engines, heat-resistant ceramic components, including valve parts, seal rings, cam discs, seals, bearings, plates, support shell in crankcases, exhaust control valves, and components for fuel and water pumps ensure less friction and wear, reliable operation, higher efficiency, lower exhaust gas and noise emissions. In addition, ceramics are relatively inexpensive than other filter materials including metal fibers. 

Scope of the Asia-Pacific 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
• Countries Covered- China, India, Japan, Rest of Asia-Pacific 
• Competitive Landscape- Kyocera Corp., CeramTec GmbH, CoorsTek, Inc., Morgan Advanced Materials plc, and NGK Spark Plug Co., Ltd.

Key Developments in the Asia-Pacific Automotive Ceramics Market

• In February 2019, Kyocera Corp. declared that Kyocera Fineceramics GmbH, its Germany-based European headquarters, completed an agreement to acquire H.C. Starck Ceramics GmbH, a manufacturer of advanced ceramics based in Selb, Germany. The acquisition of H.C. Starck Ceramics will support Kyocera to expand fine ceramic production assets in Europe, manufacturing lineup, and advanced technologies. In addition, this will enable Kyocera to further extend its fine ceramics business across the globe.
• In April 2017, IBIDEN Co., Ltd., Electronics and ceramics company, and DENSO Corp., a global automotive supplier entered into an agreement to jointly develop the next-generation vehicle exhaust system. The partnership will incorporate IBIDEN’s benefits in high-performance ceramic materials with DENSO’s benefits in developing products as systems to synergistically develop high-performance, as well as simple and low-cost vehicle exhaust systems. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment/country dominates the market in the base year?
• Which segment/country 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?

Asia-Pacific Automotive Ceramics Market-Segmentation

By Material

• Alumina Oxide Ceramics
• Zirconia Oxide Ceramics
• Others

By Application

• Automotive Engine Parts
• Automotive Electronics
• Automotive Exhaust Systems
• Others

Asia-Pacific Automotive Ceramics Market– Segment by Country

• China
• Japan
• India
• Rest of Asia-Pacific