Lead-free piezoelectric ceramics: Technologies and global opportunities
The global market for lead-free piezoelectric ceramics was valued at $279 million in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 12.3% to reach $549.8 million by the end of 2030.
The toxic impacts of lead on human health and the environment are driving the shift toward eco-friendly alternative material choices for piezoelectric ceramics. Several perovskite-structured ceramics are leading the list of alternatives (Table 1).