Global US Automotive Ceramics Market Trends | Segmentation, Outlook, IndUStry Report to 2021-2027


Posted September 20, 2021 by danishahmed

The US automotive ceramics market is estimated to grow at a CAGR of 5.6% during the forecast period.

 
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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The US automotive ceramics market is estimated to grow at a CAGR of 5.7% during the forecast period. The rising automotive indUStry is the major factor in driving the market growth. As per the International Trade Administration (ITA), the US has one of the largest automotive markets across the globe. In 2018, the US light vehicle sales reached 17.2 million units. In 2018, the US was the second-largest market for the production and sales of vehicles. In addition, several automakers have transmission and engine plants in the US and perform R&D, design, and testing in the US.?In the US, total foreign direct investment (FDI) in the automotive indUStry reached $114.6 billion in 2018.
A Full Report of Global US Automotive Ceramics Marketis Available at: https://www.omrglobal.com/indUStry-reports/US-automotive-ceramics-market
Market Segmentation

US Automotive Ceramics Market by Material

 Alumina Oxide Ceramics
 Zirconia Oxide Ceramics
 Others

US Automotive Ceramics Market by Application

 Automotive Engine Parts
Automotive Electronics
 Automotive ExhaUSt Systems
 Others



Company Profiles

3M Co.
Anoop Ceramics
CeramTec GmbH
Compagnie de Saint-Gobain S.A.
Ibiden Co., Ltd.
Kyocera Corp.
Morgan Advanced Materials plc
Murugappa Morgan Thermal Ceramics Ltd.
NGKInsulators Ltd.
Vinayak Techno Ceramics


Global Market– Segmentation by Region
North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

US

• China
• Japan
• India
• Rest of US

Rest of the World

• Middle East & Africa
• Latin America


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Issued By Danish Ahmed
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Country India
Categories Business
Tags global us automotive ceramics market
Last Updated September 20, 2021