Dublin, May 09, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Monolithic Ceramics - A Global Market Overview" report to their offering. 

Worldwide market for Monolithic Ceramics forecast to be US$51.2 billion in 2017 and projected to reach US$67.5 billion by 2022 at a CAGR of 5.7% between 2017 and 2022. Electrical & Electronic Components lead the global demand for Monolithic Ceramics which is forecast to be US$26.3 billion in 2017 and is expected to maintain a CAGR of 5.7% between 2017 and 2022 and reach a projected US$34.7 billion by 2022. 

The report analyzes the monolithic ceramic product types comprising Non-Oxides and Oxides. Monolithic Oxide Ceramics' market further reviewed by its sub-type including Aluminum Oxide and Zirconium Oxide. The study also analyzes the key applications of monolithic ceramics consisting of Catalyst Supports, Electrical & Electronic Components, Filters, Wear Components and Others. 

Monolithic ceramics constitute the largest product category within the broader field of technical ceramics and include those ceramics that, as a rule, are not composites. On the other hand, in monolithic ceramics, the interface chemistry, as also the nature of mechanical and chemical bonding established between the two phases can be entirely different from that obtained in ceramic composites. 

Monolithic ceramics are typified by their special features, such as reliability, durability and resistance to high temperatures, which makes them indispensable in some of the more demanding applications. These ceramics can be fabricated without a reinforcement material and have a polycrystalline microstructure. 

Much of the demand for Monolithic Ceramics is derived from their extensive use in the automotive, electrical and electronics, power and defense industries. A growing global demand for electronic devices, such as laptops and mobile phones, has been instrumental in propelling the market for these materials. Asia-Pacific's rapidly expanding electrical and electronics sector has ensured that the region remains at forefront in terms of demand for Monolithic Ceramics. 

One possible limiting factor to this momentum can be the high cost of processing and excessive requirement of energy that go into obtaining the final product. Some of the other factors playing prominent roles in impacting the market for Monolithic Ceramics include greater use of these ceramics in fabricating turbine blades and other automotive components and stringent pollution control measures being rolled out by developing nations.