FeedingTrends
2 months ago
3 min read

Ceramics Demand Is Anticipated to Surpass Usd 218.1 Bn

The market for ceramics is expected to reach USD 218.1 billion by 2032, rising at a CAGR of 6.2% from 2022 to 2032. The market is expected to reach USD 118.9 billion in 2022.

Ceramics are widely employed in the global construction industry, which is expanding quickly, especially in emerging nations. The need for construction is rising due to expanding economies, urbanization, per capita income and spending, GDP growth, and population growth in both the residential and commercial sectors.

Additionally, because to the efficient use of ceramics, the desire for improved aesthetic design, structural stability, and sustainability of buildings has been met without a noticeably higher cost. sustained ceramics demand from the construction industry

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The primary raw material in the production of ceramics is clay that consists of many minerals, with silica being the primary one. Clay and silica are obtained through external or natural sources, as well as through internal sources. Internal sources include recycling waste tiles and waste produced during the manufacture of ceramic tiles. Thus, the raw material for production is available in abundant quantities, which enhances the production of ceramics.

Key Companies Profiled

  • Kyocera Corporation

  • Saint Gobain

  • Corning Inc.

  • Morgan Advanced Materials

  • Applied Ceramics Inc.

  • Materion Corporation

  • The 3M Company

  • Dow DuPont

  • McDanel Advanced Ceramic Technologies

  • Momentive Performance Materials Inc.

  • Other Market Players

After reading the report on Global Ceramics Market, readers get insight into: 

  • The prevailing challenges, restraints, opportunities, and drivers of the market

  • The competitive landscape with profiles of leading market players

  • New as well as promising avenues for revenue generation in key regions of the market

  • Emerging revenue streams for all the players in the developing regions

  • Influence of Covid-19 in the market and how the pandemic is going to shape the contours of the market in the forthcoming years

  • Technologies and business models with disruptive potential 

  • Role of regulatory bodies in boosting new growth opportunities of the market across different parts of the world

  • How new market developments are likely to influence the market at large in the near future 

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Global Ceramics Market by Category

  • By Product Type, Global Ceramics Market is segmented as:

    • Traditional

    • Advanced

  • By Application, Global Ceramics Market is segmented as:

    • Sanitary Ware

    • Abrasives

    • Bricks & Pipes

    • Tiles

    • Pottery

    • Others

  • By End-Use, Global Ceramics Market is segmented as:

    • Building & Construction

    • Industrial

    • Medical

    • Others

  • By Region, Global Ceramics Market is segmented as:

    • North America

    • Latin America

    • Europe

    • East Asia

    • South Asia & Oceania

    • MEA

To understand of the competitive landscape in the Global Ceramics Market better, the report covers the profile of the following top players:

Industry challenges together with the latest developments in the technological developments of Global Ceramics Market have been elaborated on in the market intelligence report.

It also provides a detailed picture of the trends of the changing industry structure and the challenges that are faced by various industry participants. The report elaborates on the major challenges that the participants of the said market could possibly across the globe.

What Do You Get in a Fact.MR Study?

  • Factors affecting the overall development of the Ceramics Market

  • The factor that might restrain the growth of the global Ceramics market in the coming years of the forecast period

  • What is the present competitive scenario of the global Ceramics Market and its intricate details concerning potential business prospects of leading market players

  • Pricing strategies of several different market players in the global market

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