Composite Piezoelectric Material Market 

Due to the COVID-19 pandemic, the global Composites Piezoelectric Material market size is estimated to be worth US$ 236.8 million in 2021 and is forecast to a readjusted size of US$ 236.8 million by 2028 with a CAGR of 8.6% during the review period.

Composites Piezoelectric Material (or Piezoelectric composites) are a class of functional materials consisting of piezoelectric active materials and non-piezoelectric passive polymers, mechanically attached together to form different connectivities. These composites have several advantages compared to conventional piezoelectric ceramics and polymers, including improved electromechanical properties, mechanical flexibility and the ability to tailor properties by using several different connectivity patterns. These advantages have led to the improvement of overall transducer performance, such as transducer sensitivity and bandwidth, resulting in rapid implementation of piezoelectric composites in medical imaging ultrasounds and other acoustic transducers. Recently, new piezoelectric composite transducers have been developed with optimized composite components that have improved thermal stability and mechanical quality factors, making them promising candidates for high temperature, high power transducer applications, such as therapeutic ultrasound, high power ultrasonic wirebonding, high temperature non-destructive testing, and downhole energy harvesting.

Fully considering the economic change by this health crisis, by Type accounting for % of the Composites Piezoelectric Material global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While by Type segment is altered to an % CAGR throughout this forecast period.

Composite Piezoelectric Material Market Share

Global Composites Piezoelectric Material key players include Arkema, UJRC, Solvay, Piezo Kinetics, MSI Tranducers, etc. Global top five manufacturers hold a share about 40%.

North America is the largest market, with a share over 30%, followed by Europe and China, both have a share about 40 percent.

In terms of product, 1-3 Type is the largest segment, with a share about 85%. And in terms of application, the largest application is Industrial, followed by Healthcare.

The global Composites Piezoelectric Material market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Composites Piezoelectric Material market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

By Type

• 1-3 Type
• 2-2 Type

By Application

• Healthcare
• Aerospace & Defense
• Industrial

By Region

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

By Company

• Arkema
• UJRC
• Solvay
• Piezo Kinetics
• MSI Tranducers Corp.
• CeramTec
• Morgan Advanced Materials
• Johnson Matthey
• Piezo Technologies
• Meggitt Sensing
• Smart Material Corporation
• APC International
• Innovia (Shanghai) Materials
• Weifang Jude Electronic Co.,Ltd