Glass Ceramics Market: Construction industry to boost the market growth

Global Glass Ceramics Market size was valued at USD 1.58 Bn in 2022 and Glass Ceramics market revenue is expected to reach USD 2.39 Bn by 2029, at a CAGR of 6.1% over the forecast period (2023-2029).
Glass Ceramics Market Overview
Glass Ceramics is an advanced material that possess a unique combination of properties of both glass and ceramics. They are produced by control crystallization of glass matrix, which results in formation of tiny crystals within the glass structure.

The production of glass ceramics typically involves a process of controlled heating and cooling of a glass material, during which certain chemical reactions take place, resulting in the formation of crystals. The resulting material has a fine microstructure that combines the strength, toughness, and durability of ceramics with transparency, low thermal expansion, and ease of fabrication of glass.

To know about the Research Methodology :- Request Free Sample Report
Glass Ceramics Market Dynamics
Increasing demand from the construction industry to boost the Glass Ceramics Market growth

Glass ceramics are widely used in the construction industry for building facades, flooring, and interior walls due to their durability, high strength, and aesthetic appeal. The growth of the construction industry, particularly in emerging economies, is expected to drive the demand for glass ceramics in the future with increase in Glass Ceramics Market share. Glass ceramics are used in the production of consumer electronics, such as smartphones and tablets, due to their high resistance to scratches and high-temperature resistance. As the demand for consumer electronics continues to rise, the demand for glass ceramics is also expected to increase. Increasing demand from the healthcare industry for various medical applications, such as dental restorations, orthopaedic implants, and bone substitutes is contributing for the Glass Ceramics Market growth. The growing demand for healthcare services, particularly in developing countries, is expected to drive the demand for glass ceramics in the healthcare industry.

Use of Glass ceramics in the production of energy-efficient cooktops and ovens due to their excellent thermal insulation properties fuels the demand for the market. As the demand for energy-efficient products continues to rise, the demand for glass ceramics in this sector is expected to increase. The development of new and innovative glass ceramic products, such as hybrid glass ceramics and self-healing glass ceramics, is expected to create new opportunities for the glass ceramics market in the future.

High Production cost to hinder the Glass Ceramics market growth

The production of glass ceramics involves complex manufacturing processes, which can be expensive. This can make the final product costly, limiting its adoption in certain industries and applications. Glass ceramics face strong competition from alternative materials, such as traditional ceramics, metals, and plastics. These materials often offer similar or better performance at a lower cost, limiting the growth potential of the glass ceramic market. Glass ceramics require specific raw materials, such as feldspar and boron oxide, which are not widely available in some regions.

This create supply chain challenges and increase the cost of raw materials, affecting the overall cost of glass ceramics. The production of glass ceramics have a significant environmental impact, particularly due to the high energy consumption involved in the manufacturing process. This can be a concern for environmentally conscious consumers and industries, and is expected to restrain the adoption of glass ceramics in certain applications. Glass ceramics are relatively fragile and can be prone to cracking or chipping if subjected to stress or impact and is expected to limit their use in high-stress applications or industries where durability is a critical factor.

Trends in Glass Ceramics Market

Increasing demand for high-strength and lightweight glass ceramics: The demand for glass ceramics with high strength and low weight is rising, particularly in the aerospace and automotive industries. These applications require materials that can withstand high temperatures and stresses while being lightweight to improve fuel efficiency and reduce emissions.

Growing adoption of hybrid glass ceramics: Hybrid glass ceramics, combine the properties of glass and ceramics, and are gaining popularity in various industries, including electronics, aerospace, and defense. These materials offer a unique combination of strength, durability, and thermal stability, making them suitable for a range of high-performance applications.

Emergence of self-healing glass ceramics: Self-healing glass ceramics, repair cracks and damage on their own, are a new trend in the glass ceramic market. These materials have the potential to revolutionize various industries, including healthcare, construction, and automotive, by reducing maintenance costs and extending the lifespan of products.

Increasing use of glass ceramics in energy-efficient products: The demand for energy-efficient products is on the rise, and glass ceramics are playing a significant role in this trend. Glass ceramics are being used in the production of cooktops, ovens, and other appliances that require high thermal insulation to improve energy efficiency and reduce energy consumption.

Growing demand for customized glass ceramic products: The demand for customized glass ceramic products, particularly in the construction and interior design industries is trending in the market. Customers are looking for unique and aesthetically pleasing glass ceramic products that can be tailored to their specific needs and preferences.
Glass Ceramics Market Regional Analysis
Growing aerospace manufacturing industry in Asia Pacific to boost the regional market growth

The Asia Pacific region dominated the market in 2022 and is expected to continue the dominance over the forecast period. The construction industry in the Asia Pacific region is booming, driven by increasing urbanization, population growth, and infrastructure development. Glass ceramics are widely used in the construction industry for building facades, flooring, and interior walls, and the growing demand for construction services is driving the demand for glass ceramics in the region. The Asia Pacific region is home to some of the world's largest consumer electronics markets, including China, Japan, and South Korea. The growing demand for smartphones, tablets, and other electronics products is expected to increase the demand for glass ceramics, used in the production of displays and other electronic components.

The Asia Pacific region has a large and growing healthcare industry, driven by increasing demand for healthcare services, rising healthcare spending, and a growing aging population. Glass ceramics are used in various medical applications, including dental restorations, orthopedic implants, and bone substitutes, and the growing demand for healthcare services is driving the demand for glass ceramics in the region. Several countries in the Asia Pacific region, including China, India, and Japan, have implemented favourable policies to support the growth of various industries, including construction, electronics, and healthcare. These policies are driving investment in these sectors, creating new opportunities for glass ceramic manufacturers in the region and is expected to increase the Glass Ceramics Market Size in the region.

The market for glass ceramics in North America is being driven by the increasing demand for energy-efficient and environmentally friendly products. Glass ceramics are known for their low thermal conductivity, which means they can help to reduce energy consumption in buildings and homes. They are recyclable, making them a sustainable choice for manufacturers, which is the reason expected to boost the North American market growth over the forecast period.

The North American Glass ceramics industry is expected to experience significant growth in the coming years, driven by factors such as increasing demand from various industries, the need for energy-efficient and sustainable products, and ongoing technological advancements.
Glass Ceramics Market Segment Analysis
Based on Material, the market is segmented by Lithium-aluminium-silicate, Zinc-aluminium-silicon oxides, and Magnesium-aluminium-silicon oxides. Lithium-aluminium-silicate segments held the largest Glass Ceramics Market share in 2022 and is expected to dominate the market over the forecast period. Increasing use of lithium-based glass ceramics in household cookware is expected to boost the segment growth in the market. Glass–ceramic used in construction as the main crystalline phase. Continuous research and development activities in the field has led to achieve better efficiencies. Lithium-aluminium-silicate includes high-performance reflectors for digital projectors and glass ceramics cooktops, and bake ware. Increased mechanical strength and low thermal expansion of these products is expected to influence the market growth.

Based on Application, the market is segmented into Microwave, Telescopic mirror, Building Decoration Materials, Cook tops, Insulators, Fireplace doors, and Engineering components. Cooktop and Building Decoration Materials dominated the market in 2022 and is expected to continue the dominance over the forecast period. Glass ceramic has domestic and architectural uses, which is used as wall coverings, pavement, and in aesthetic application. Glass ceramic retains heat very well, with low temperatures, and significantly contribute for the market growth. Ceramic cookware are glazed giving it a non-stick surface and they are often ceramic because of their even heating characteristics and is expected to boost the market growth.
Glass Ceramics Market Competitive Landscape
The Glass Ceramics industry is growing significantly as its facing huge demand because of the increase in research and development projects across the globe. The company profiles and competitive analysis of the key players are provided in the Glass Ceramics Market report. The regions covered in the Glass Ceramics Market report are North America, Europe, Asia-Pacific, and LAMEA. The Glass Ceramics companies offers a range of Glass Ceramics products with positioned as reliable and have huge market demand. New Technology launches, acquisitions and Research & Development activities are strategies adopted by key players in the Glass Ceramics market. The strategies adopted by the major player, such as expansion of product portfolio, mergers & acquisitions, geographical expansion, and collaborations, to enhance the Glass Ceramics market penetration. The Glass Ceramics industry is dominated by vendors as they have huge production plants and facilities around the world.

In 2021, Scott AG introduced its new glass ceramic material, NEXTREMA. Its offers high-temperature stability and a high degree of mechanical strength, making it ideal for use in industrial application, automotive, and energy.
Glass Ceramics Market Scope: Inquire before buying



Glass Ceramics Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
USD 1.58 Bn


Forecast Period 2023 to 2029 CAGR:
6.1 %
Market Size in 2029:
USD 2.39 Bn


 Segments Covered:
by Material
1.Lithium-aluminium-silicate
2.Zinc-aluminium-silicon oxides
3.Magnesium-aluminium-silicon oxides


by End-user
1.Building and Construction
2.Electrical and Electronics
3.Healthcare
4.Aerospace
5.Optical
6.Industrial


by Application
1.Microwave
2.Telescopic mirror
3.Building Decoration Materials
4.Cook tops
5.Insulators
6.Fireplace doors
7.Engineering components


by Thickness
1.3mm
2.3-4mm
3.4-5mm
4.5-8mm
5.8-10mm
6.Above 10mm


by Color
1.Black
2.White
3.Special Colors



Glass Ceramics Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Glass Ceramics key players include
1.Kanger Glass-ceramic Co
2.Kyocera Corporation
3.Ohara Corporation
4.Elan Technology
5. Huzhou Tianshi Glass Products Co. Ltd
6.EuroKera
7.Jingniu Glass Ceramics Group Co., Ltd
8.Ohara Corporation
9. Ilva Glass spa
10.Kanger Enterprise
11.Corning Incorporated
12. SCHOTT
13. China Glass Ceramic Inc.
14. Advanced Glass industries
15. Ceramic Glass Ltd
16. Guangzhou KAHO SPECIAL GLASS Co., Ltd

Frequently Asked Questions:

1] What is the growth rate of the Global Glass Ceramics Market?
Ans. The Global Glass Ceramics Market is growing at a significant rate of 6.1% over the forecast period.

2] Which region is expected to dominate the Global Glass Ceramics Market?
Ans. Asia Pacific region is expected to dominate the Glass Ceramics Market over the forecast period.

3] What is the expected Global Glass Ceramics Market size by 2029?
Ans. The market size of the Glass Ceramics Market is expected to reach USD 2.39 Bn by 2029.

4] Who are the top players in the Global Glass Ceramics Industry?
Ans. The major key players in the Global Glass Ceramics Market are Kanger Glass-ceramic Co, Kyocera Corporation, Ohara Corporation, and Elan Technology.

5] Which factors are expected to drive the Global Glass Ceramics Market growth by 2029?
Ans. Increasing demand from the construction industry are is expected to drive the Glass Ceramics Market growth over the forecast period (2023-2029).