Ceramic Drive: Navigating the Road Ahead in the Automotive Market
The automotive ceramics market was estimated at USD 2.18 billion in 2022 and is likely to grow at a CAGR of 5.36% during 2023-2028 to reach USD 3 billion in 2028.
Automotive ceramics are ceramic materials that are further processed to be used in automobiles. Ceramic has higher ion conductivity and hence can be used for fuel cells for automotive.