Global Ceramics Market was valued US$ 165 Bn in 2019 and is expected to reach US$ 181.2 Bn by 2026, at a XX% CAGR of around during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global Ceramics MarketIncreasing the use of advanced ceramics as a substitute for metals and plastics in the automobile industry is a major factor driving the growth of the ceramic market. Increasing demand from the medical industry and growing construction and infrastructure spending is expected to accelerate the ceramic market growth in the forecast period. Stringent regulations enacted on ceramics regarding its usage in construction, food & beverage and automobile sectors coupled with high cost and recyclability issue is predicted to hamper the growth of the market.
Advanced ceramic is dominating the ceramic market and will continue its dominance throughout the forecast period. Advanced ceramics offers developed and value-added properties. Advanced ceramics possess properties such as corrosion resistance, high-temperature stability, and toughness. Medical, automobile and electronics sectors are a major end-user of advanced chemical.
Ceramic tiles are gaining popularity in offices, malls, restaurants, and resorts owing to less maintenance required, highly resistant to environmental conditions and durability. Refractories and disk brakes are predicted to reflect falling market growth due to restrict raw product availability for product manufacturing.
The report provides an in-depth segment analysis of the global ceramics market, thereby providing valuable insights at macro as well as micro levels. Housing & Construction segment is leading the end-use segment in the ceramic market attributed to less maintenance required, highly resistant to environmental conditions and prolong durability. Industrial is the second-largest end-use segment of the ceramic market. Ceramic is being used as a composite and matrix form in the automotive parts as an alternative to metal. Manufacturing of Lightweight vehicle to enhance fuel efficiency and performance will favor the growth of the industrial segment.
Region-wise, Growing population, investment policies, and government initiatives to promote industrial growth is driving the growth of the ceramic market in Asia Pacific. The ceramics market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to the increasing use of advanced ceramics in various industries such as electrical & electronics, chemical, transportation, environmental, and defense & security.
The objective of the report is to present comprehensive analysis of Global Ceramics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Ceramics Market dynamics, structure by analyzing the market segments, and project the Global Ceramics Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Ceramics Market make the report investor’s guide.
Scope of Global Ceramics Market
Global Ceramics Market Segmentation by Product Type
Global Ceramics Market Segmentation by Application Type
• Sanitary Ware
• Table & Ornamental Ware
• Technical Ceramics
Global Ceramics Market Segmentation by End-users
• Housing & Construction
Global Ceramics Market Segmentation by Region
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Global Ceramics Market Major Players
• Corning Inc
• Dillmeier Glass Company
• Asahi India Glass Ltd. (AIS)
• AGC Glass Europe
• Independent Glass Co., Ltd.
• AJJ Glass Products Co.
• Ltd, PPG Industries, Inc
• NSG Group/Pilkington
• Industrie Ceramiche Piemme
• Schott and Carbo Ceramics
• Dongguan Hongtai Glass Products
• Far East Cable Co.
• Hehe Science and Technology Group
• Jingniu Glas
• Ceramic Group
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