Explosive Growth Expected in LTCC Market Driven by Surging Demand for Miniaturized Electronics
Low Temperature Co-fired Ceramics (LTCC) are ceramics that are fired at low temperatures (below 900 °C). Ceramic powder, organic binder, glass frit, and other additives are used to make it. Medical devices, automotive electronics, and electrical components are among the many applications for LTCCs. Electrical insulation, thermal insulation, mechanical strength, and chemical resistance are all advantages...
KYOCERA Corporation (Japan) and Murata Manufacturing Co., Ltd. (Japan) are Leading Players in the LTCC Market and HTCC Market
The LTCC market and HTCC market size is estimated to be USD 916 million in 2019 and is projected to reach USD 1.1 billion by 2024, at a CAGR of 4.5% between 2019 and 2024. Owing to their superior performance properties such as chemical inactivity, hermicity, and high thermal stability over traditional circuit boards, namely printed circuit boards, co-fired ceramics are gaining increasing demand...