The Ceramics Market is expected to reach US $269.17 billion by 2027, thanks to growth in the tiles segment. The report analyzes ceramics market dynamics by region and applications.
Ceramics Market Overview:The Ceramics Market was valued at US $155.74 Bn. in 2020, and it is expected to reach US $269.17 Bn. by 2027 with a CAGR of 8.13% during the forecast period. A ceramic is any of many hard, brittle, heat-resistant, and corrosion-resistant materials formed by molding and firing an inorganic, nonmetal material like clay at a high temperature. Earthenware, porcelain, and brick are common examples. Ceramic is a non-metallic inorganic oxide, nitride, or carbide substance. Some elements, such as carbon and silicon, are thought to be ceramics. Ceramics are brittle, rigid, and strong in compression yet weak in shearing and tension. They are resistant to the chemical erosion that occurs in other materials in acidic or caustic conditions. Ceramics can endure temperatures ranging from 1,000 degrees Celsius to 1,600 degrees Celsius. To know about the Research Methodology :- Request Free Sample Report 2020 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Ceramics Market Dynamics:Ceramics Are In High Demand In The Building And Construction Sector: Ceramics are commonly used in the construction market to make tiles, bricks, pipes, and sanitary products. Because of its strength, stiffness, electrical resistance, and inertness, ceramic is the most chosen material. The ceramics market is expected to grow as demand for ceramics for various uses in the construction market grows. For example, in India, the government has set a goal of creating 100 smart cities by 2020 to speed up urbanization, enhance the quality of life, and attract investment. These cities will be responsible for the development of physical, social, institutional, and economic infrastructure. Increasing Demand for Ceramics from Automotive and Medical Sector: Ceramics are also in high demand in sectors such as automotive and medicine. Biocompatible ceramics, often known as bio-ceramics, are implemented in the medical sector for surgical bone implants, tooth replacement, and bone reconstruction. Ceramics are used in sensors, catalytic converter surfaces, and other mechanical and electrical components in automobiles. Over the forecast period, the range of applications of ceramics in these industries is expected to drive market growth for ceramics. Raw Material And Environmental Issues: Lack of availability of high-standard raw materials at reasonable costs, rising raw material cost, issues related to air pollution, wastewater, and solid waste, and low awareness regarding environmentally-friendly working conditions are some of the key factors expected to challenge ceramic market growth over the forecast period.
Technological Trends in Ceramic Industry:• Nano-technology: Nanotechnology is preferred because of properties such as dirt and bacteria resistance, which extends the shelf life and strength of ceramic tiles; it is primarily used in the manufacture of floor tiles but is also being used in hospitals, laboratories, and food processing plants thanks to the need for hygiene. • 3-D Printing: Tiles are becoming a style statement and are gradually being used in bedrooms and living rooms; they are primarily used in the manufacture of wall tiles and are progressively being used in outdoor cladding, wall cladding, and elevation. • Large Size Tiles: The use of cutting-edge technologies in machinery for generating large-format panels and slabs has both financial and technological advantages. Size flexibility, changeable thickness, and enhanced production thanks to increased cycles per hour are among the additional advantages. • Double Charge Vitrified Tiles: The double charge vitrified tiles press feeds two colors into the bisque tiles and creates a thick layer of design, which is 3 to 4 mm thicker. Also, it's a great option for commercial buildings with a lot of foot traffic.
Ceramics Market Segment Analysis:Based on Product, the ceramics market is segmented as, traditional, and advanced. In 2020, the advanced segment was dominant and held almost xx% of the overall market share in terms of revenue. Advanced ceramics have been designed to provide improved and value-added qualities. Corrosion resistance, high-temperature stability, and toughness are all qualities of advanced ceramics. Advanced ceramic products are mostly used in the medical, automotive, and electronics industries. Based on Application, the ceramics market is segmented as follows, sanitary wares, table and ornamental ware, abrasives, technical ceramics, pipes, refractory, tiles, and others. In 2020, the tiles segment was dominant and held almost xx% of the overall market in terms of revenue. This may be related to the global increase in commercial building construction activities. Investments in the non-residential building industry in many developing countries, including Brazil, South Korea, and India, are likely to drive market growth throughout the forecast period. In a range of commercial environments such as hospitality, healthcare, and retail, ceramics are often used in medical hallways, corridors, operating rooms, health centers, and clinics. These tiles are generally used to improve the appearance and thermal and acoustic insulation of commercial and cultural institutions.
Ceramics Market Regional Insights:Asia Pacific led the market in 2020, accounting for nearly xx% of global revenue, thanks to increasing product penetration in the construction sector. Product demand in the region is expected to rise as a result of technological improvements in this industry, as well as the growing need for better designs. The China accounted for a major market in Asia Pacific in 2020, thanks to changing customer tastes for residential renovations and greater adoption of soundproof and elegant interior materials in commercial buildings such as business centers, malls, clubs, and restaurants. The expansion of the residential sector, particularly in single-family homes, is expected to be a key driver of market growth over the forecast period. Europe accounted for a large portion of the market in 2020, and it is anticipated to increase at a CAGR of xx% over the forecast period. This is related to the presence of well-established building business in the region, which uses sustainable construction technologies, increasing the demand for ceramics. Demand in the North America is expected to expand with a CAGR of xx %, owing to growing consumer disposable income in various emerging nations in the region, resulting in the adoption of new construction technologies. Over the forecast years, urbanization, population expansion, and renovation operations in cultural and commercial areas to improve their design and acoustic aspects are likely to increase product demand. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of 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 a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and projecting the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.
Global Ceramics Market Scope: Inquire before buying
Global Ceramics Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 155.74 Bn. Forecast Period 2021 to 2027 CAGR: 8.13% Market Size in 2027: US $ 269.17 Bn. Segments Covered: by Product • Traditional • Advanced by Application • Sanitary wares • Table and Ornamental Ware • Abrasives • Technical Ceramics • Pipes • Refractory • Tiles • Others
Global Ceramics Market, by Region• North America • Europe • Asia Pacific • The Middle East and Africa • South America
Global Ceramics Market Key Players• Kyocera Corp. • Corning Inc. • Murata Manufacturing Co. Ltd. • Morgan Advanced Materials • CoorsTek • CeremTec • Saint Gobain • 3M • Applied Ceramics Inc. • Blasch Precision Ceramics Inc. • Materion Corporation • McDanel Advanced Ceramic Technologies • Momentive Performance Materials Inc. • Rauschert GmbH • Imerys Ceramics • Caesar • Others
Frequently Asked Questions:1. What is the forecast period considered for the Ceramics market report? Ans. The forecast period for the global ceramics market is 2021-2027. 2. Which key factors are hindering the growth of the Ceramics market? Ans. The lack of availability of high-standard raw materials at reasonable costs, rising raw material costs, issues related to air pollution, wastewater, and solid waste, and low awareness regarding environmentally-friendly working conditions are key factors expected to hinder the market growth during the forecast period. 3. What is the compound annual growth rate (CAGR) of the Ceramics market for the next 6 years? Ans. The global ceramics market is expected to grow at a CAGR of 8.13% during the forecast period (2021-2027). 4. What are the key factors driving the growth of the Ceramics market? Ans. The increasing demand for ceramics from the construction, automotive, and medical sector is the key factor expected to drive the growth of the market during the forecast period. 5. Which are the worldwide major key players covered for the Ceramics market report? Ans. Kyocera Corp., Corning Inc., Murata Manufacturing Co. Ltd., Morgan Advanced Materials, CoorsTek, CeremTec, Saint Gobain,3M, Applied Ceramics Inc., Blasch Precision Ceramics Inc., Materion Corporation, McDanel Advanced Ceramic Technologies, Momentive Performance Materials Inc., Rauschert GmbH, Imerys Ceramics, Caesar, and Others.
1. Global Ceramics Market: Research Methodology 2. Global Ceramics Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Ceramics Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Ceramics Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Ceramics Market Segmentation 4.1. Global Ceramics Market, by Product (2020-2027) • Traditional • Advanced 4.2. Global Ceramics Market, by Application (2020-2027) • Sanitary wares • Table and Ornamental Ware • Abrasives • Technical Ceramics • Pipes • Refractory • Tiles • Others 5. North America Ceramics Market (2020-2027) 5.1. Global Ceramics Market, by Product (2020-2027) • Traditional • Advanced 5.2. Global Ceramics Market, by Application (2020-2027) • Sanitary wares • Table and Ornamental Ware • Abrasives • Technical Ceramics • Pipes • Refractory • Tiles • Others 5.3. North America Ceramics Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Ceramics Market (2020-2027) 6.1. European Ceramics Market, by Product (2020-2027) 6.2. European Ceramics Market, by Application (2020-2027) 6.3. European Ceramics Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Ceramics Market (2020-2027) 7.1. Asia Pacific Ceramics Market, by Product (2020-2027) 7.2. Asia Pacific Ceramics Market, by Application (2020-2027) 7.3. Asia Pacific Ceramics Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Ceramics Market (2020-2027) 8.1. The Middle East and Africa Ceramics Market, by Product (2020-2027) 8.2. The Middle East and Africa Ceramics Market, by Application (2020-2027) 8.3. The Middle East and Africa Ceramics Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Ceramics Market (2020-2027) 9.1. Latin America Ceramics Market, by Product (2020-2027) 9.2. Latin America Ceramics Market, by Application (2020-2027) 9.3. Latin America Ceramics Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Kyocera Corp. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Corning Inc. 10.3. Murata Manufacturing Co. Ltd. 10.4. Morgan Advanced Materials 10.5. CoorsTek 10.6. CeremTec 10.7. Saint Gobain 10.8. 3M 10.9. Applied Ceramics Inc. 10.10. Blasch Precision Ceramics Inc. 10.11. Materion Corporation 10.12. McDanel Advanced Ceramic Technologies 10.13. Momentive Performance Materials Inc. 10.14. Rauschert GmbH 10.15. Imerys Ceramics 10.16. Caesar 10.17. Others