Ceramic Core Market Analysis | 2025-2032

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Ceramic Core Market

• The annual demand for ceramic core was USD 553.5 million in 2024 and is expected to reach USD 583.8 million in 2025, up 7.5% than the value in 2024.
• During the forecast period (2025 to 2032), the ceramic core market is expected to grow at a CAGR of 2.5%. The annual demand will reach of USD 710.7 million in 2032.
• During 2025-2032, the ceramic core industry is expected to generate a cumulative sales opportunity of USD 5348.48 million.

High-Growth Market Segments:

• North America is expected to be the dominant region, whereas Asia-Pacific is likely to be the fastest-growing market by region during the forecast period. 
• By Product type, SiO2-Al2O3 is expected to be the dominant product category in the market during the forecast period.
• By Sourcing type, Outsourcing is expected to remain the leading segment for ceramic core throughout the forecast period.
• By Application type, Airfoils are expected to be the dominant application type in the market during the forecast period.
• By Industry type, Aerospace & Defense is anticipated to be dominant as well as the fastest-growing market in the coming years.

Market Statistics

Have a look at the sales opportunities presented by the ceramic core market in terms of growth and market forecast.

Market Dynamics

Introduction:

What is a ceramic core?

Ceramic cores are made from ceramic materials, which are used as internal structures within the wax or plastic pattern to create internal features and hollow sections in the final metal part. These cores are commonly used in investment casting, a precision casting technique used to produce complex and high-quality metal parts, particularly for applications in aerospace, industrial gas turbine, automotive, and medical industries to produce turbine blades, vanes, and other complex components. 

These cores possess a range of properties, such as high-temperature resistance, dimensional stability, chemical inertness, and low thermal conductivity, that make them suitable for their intended applications. These cores are considered niche and specialized products, where major tier players engage in in-house ceramic core manufacturing as well.

Segment Analysis

By Product Type

“SiO2-Al2O3 dominates the market during the forecast period.”

• The ceramic core market is segmented into SiO2-ZrSiO4, SiO2-Al2O3, and others. Among these product types, SiO2-Al2O3 is expected to remain the biggest product category in the coming years, owing to its excellent resistance to high temperatures and stresses, which makes it suitable for applications, particularly where ceramic cores are exposed to extreme heat during the investment casting process.
• Concurrently, SiO2-ZrSiO4 is preferred for high-performance applications, such as creating internal cavities and passageways within the cast components during the production of complex and high-precision components such as turbine blades and vanes. As a result, it is anticipated to witness the fastest growth in the market during the forecast period.

By Sourcing Type

“Outsourcing dominates the market during the forecast period.”

• The market is segmented into in-house and outsourcing. Outsourcing can offer several advantages, such as cost savings, reduced capital investment in equipment and facilities, and access to expert knowledge and technology. This allows the company to focus on its core competencies while relying on the expertise of the outsourcing partner to provide high-quality ceramic cores. 
• As a result, outsourcing is predicted to remain the largest and fastest-growing segment in the market over the next five years. On the other hand, major companies in the investment casting business, such as Howmet Aerospace Inc. and PCC Airfoils LLC, have in-house ceramic core manufacturing capabilities.

By Industry Type

“Aerospace & defense dominate the market during the forecast period.”

The ceramic core market is segmented into aerospace & defense, industrial gas turbines, and others. Among these industry types, aerospace & defense is likely to remain the largest as well as the fastest-growing market category during the forecast period.

In aerospace & defense, these cores are crucial and are commonly used in investment casting processes for manufacturing complex and high-temperature-resistant components, such as turbine blades, vanes, and other critical components. The ceramic core is used to create intricate internal geometries in these parts.

Regional Analysis

“North America is expected to remain the largest market for ceramic cores during the forecast period.”

• With the USA offering lucrative growth opportunities. The country boasts a robust aerospace & defense industry, where ceramic cores are extensively used in the manufacturing of critical components like turbine blades and vanes. In addition, the country is home to a large number of industry stakeholders, including leading market players, such as Morgan Advanced Materials, CoorsTek, Inc., Howmet Aerospace, Inc., and PCC Airfoils, LLC. The region is also the preferred manufacturing base of aerospace and industrial gas turbine manufacturers and their tier players, including raw material suppliers.
• On the contrary, Asia-Pacific is likely to be the fastest-growing region during 2023-2028, with China, Japan, and India being the major contributors. China, in particular, is likely to maintain its growth momentum in the coming years, owing to the flourishing local aerospace supply chain and the evolving presence of local players in the country.

Want to get a free sample? Register Here

Key Players

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the ceramic core market -  

The following are some of the key players in the ceramic core market (arranged alphabetically).

• Avignon Ceramic SAS
• Capital Injection Ceramics Limited
• CeramTech GmbH
• CoorsTek, Inc.
• Howmet Aerospace, Inc.
• Lanik s.r.o
• Morgan Advanced Materials
• Noritake Co. Ltd.
• PCC Airfoils, LLC
• Ross Ceramics Limited

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at [email protected]

Recent Developments/Mergers & Acquisitions:

• In 2022, Shenzhen Huachengda Precision Industry Co., Ltd. launched Axdual, a double-mesh and graded heating ceramic core, which addressed issues like local high temperatures, powder dropping, carbon deposition, heavy metal release, oil conduction, and oil leakage.
• In 2021, ICCPP, the parent company of Voopoo, launched its first ceramic core technology brand, Gene Tree. Its volume is also 50% smaller than existing ceramic cores and weighs about 0.07 grams. 
• In July 2023, CAPZA, a European private investment company, acquired a majority stake in Avignon Ceramics SAS.
• In October 2022, LANIK s.r.o. completed the acquisition of Metsch Refractories Inc., a company that specializes in manufacturing refractory ceramics.
• In December 2021, Beehive Industries, LLC, completed the acquisition of Eagle Engineered Solutions, thereby expanding its additive manufacturing capabilities in the ceramic core market.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The ceramic core market is segmented into the following categories:

Ceramic Core Market, by Application Type

• Airfoils (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Ceramic Core Market, by Sourcing Type

• In-house (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Outsourcing (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Ceramic Core Market, by Product Type

• SiO2-ZrSiO4 (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• SiO2-Al2O3 (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Ceramic Core Market, by Industry Type

• Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Industrial Gas Turbine (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Ceramic Core Market by Region

• North America (Country Analysis: The USA and Mexico)
• Europe (Country Analysis: Germany, France, The UK, and the Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Ceramic Core market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].