Global Ceramics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2029

                                          
Global Ceramics Market  2021: By Product (Traditional, Advanced), By Application (Sanitary Ware, Abrasives, Bricks and Pipes, Tiles, Pottery, Others), By End-use (Building & Construction, Industrial, Medical, Others)

Global Ceramics Market is an upcoming report by Trusted Business Insights. The global ceramics market segmentation allows for deeper understanding and thought, to decisively assess, analyze, and study. Besides revenues for segments, global, regional, and country-wise, market revenue segmentation will be compiled in a fastidious manner for clear flow and understanding. The analysis will be conducted using expert opinions and inputs, as well as comprehensive primary and secondary research efforts to determine various aspects of the ceramics market.

The Global Ceramics market size was valued at USD $165.45 Billion in 2020, USD $177.53 Billion in 2021, forecasted to reach  USD $190.49 Billion in 2022, and is projected to reach USD $362.63 Billion by 2030, and is anticipated to expand at a CAGR of 7.3% over the forecast period from 2020 to 2030.

Overview:

A ceramic is a solid material comprising an inorganic compound of metal, non-metal, or ionic or covalent bonds. Common examples – porcelain, earthenware, and brick. The crystallinity of ceramic materials varies from highly oriented to semi-crystalline, vitrified, and often completely amorphous.

Dynamics:

The rising number of government initiatives and spending on developing public infrastructure and other construction-related activities is expeditiously boosting the global ceramics market. Countries like India, where the vision to develop one hundred smart cities by the year 2020, fully equipped with economic, social and public infrastructure is expected to positively contribute to the overall market growth over the coming years.

Various technological and nanotechnological advancements have created new avenues for market players. The use of nanotechnology in ceramic floor tiles lends them strength & shelf life, and improved resistance against bacteria. These products are expected to be in high demand from hospitals, processing plants, and laboratories. 3D printing will also play a vital role in the manufacture of ceramic material in the foreseeable future due to increasing demand from the dental and medical sectors. In 3D printing, advanced materials such as – hydroxyapatite, alumina, and zirconium are included to achieve the final product.

Ceramics play a critical role in the manufacture of implants, bridges, and dental crowns. In the US alone, total dental expenditure observed in the year 2000 was $US 84.5 billion compared to $US 129.12 billion in 2017, according to a report published by the American Dental Association.

In terms of product, the market is segmented into traditional and advanced. The traditional segment (silica, clay, feldspar, etc) is expected to monopolize the global ceramics market over the coming years and finds its primary application in the manufacture of tiles. The advanced segment is expected to index the highest CAGR over the forecast period. A prominent area of application for the advanced segment is electronic devices. Smartphones comprise of several ceramic components, and with ever-rising sales volumes of smartphones, the global ceramics market growth will consequentially be influenced in a positive manner.

With respect to application, the tiles segment of the market is expected to dominate the market over the foreseeable future. Countries such as India and China collectively account for over fifty percent of the global tile production and contribute significantly to the Asia Pacific regional market.

Pertaining to the end-use of the market, the building & construction segment accounted for a considerable revenue share in 2018. The increase in infrastructural development projects across the world is subsequently contributing to market growth.

Regional Analysis:

The Asia Pacific market accounted for a majority of the revenue share in 2018, with China being a key consumer. The region of North America came second to China, owing to the rising consumption of 3D printing users in the US. The market in Europe accounted for sizable market revenue and is projected to grow over the next ten years.

Below are the leading companies profiled in this Ceramics Market Report:

  
3M
  
AGC Ceramics Co.;Ltd.
  
Carbo Ceramics Inc.
  
CeramTec GmbH
  
Compagnie de Saint-Gobain SA
  
Cooperativa Ceramica dImola Sc
  
CoorsTek Inc.
  
Corning Incorporated
  
Imerys Ceramics
  
Kyocera Corporation
  
LIXIL Corp.
  
Mohawk Industries Inc.
  
Morgan Advanced Materials
  
R.A.K Ceramics PJSC
  
Rauschert Steinbach GmbH,
  
SCHOTT AG
  
The Siam Cement Group Public Co. Ltd.

Global Ceramics Market Segmentation:

By Product

  
Traditional
  
Advanced

By Application

  
Sanitary Ware
  
Abrasives
  
Bricks and Pipes
  
Tiles
  
Pottery
  
Others

By End-use

  
Building & Construction
  
Industrial
  
Medical
  
Others
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the Ceramics market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Ceramics market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Ceramics market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this Ceramics market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the Ceramics market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in Ceramics market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Ceramics industry?