The global ceramics market size reached US$ 163.84 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 246.28 Billion by 2028, exhibiting a growth rate (CAGR) of 7.30% during 2023-2028. The rising product adoption in the construction industry, the growing inclination toward renewable energy sources, and various technological advancements in the manufacturing process for complex shapes and cost-effective production represent some of the key factors driving the market.
Ceramics are non-metallic, inorganic materials that are typically made from a combination of clay, minerals, and other raw materials. They are known for their high-temperature resistance, hardness, strength, and ability to withstand wear and corrosion. They can be classified into two main types, namely traditional ceramics and advanced ceramics. Traditional ceramics include clay-based products such as pottery, porcelain, and bricks. They are typically made by shaping the clay and then firing it at high temperatures to create a rigid, solid structure. On the other hand, advanced ceramics, also known as engineered or technical ceramics, are a class of ceramics that have been specifically engineered to possess superior properties and performance. They are made from refined and processed raw materials using advanced manufacturing techniques. As a result, ceramics exhibit exceptional mechanical strength, high temperature and chemical resistance, electrical insulation, and biocompatibility. Consequently, they are utilized in structural components, thermal insulators, electrical insulators, cutting tools, biomedical implants, catalysts, and many other areas where their unique characteristics are required.
Ceramics are non-metallic, inorganic materials that are typically made from a combination of clay, minerals, and other raw materials. They are known for their high-temperature resistance, hardness, strength, and ability to withstand wear and corrosion. They can be classified into two main types, namely traditional ceramics and advanced ceramics. Traditional ceramics include clay-based products such as pottery, porcelain, and bricks. They are typically made by shaping the clay and then firing it at high temperatures to create a rigid, solid structure. On the other hand, advanced ceramics, also known as engineered or technical ceramics, are a class of ceramics that have been specifically engineered to possess superior properties and performance. They are made from refined and processed raw materials using advanced manufacturing techniques. As a result, ceramics exhibit exceptional mechanical strength, high temperature and chemical resistance, electrical insulation, and biocompatibility. Consequently, they are utilized in structural components, thermal insulators, electrical insulators, cutting tools, biomedical implants, catalysts, and many other areas where their unique characteristics are required.
Ceramics Market Trends:
The market is primarily driven by the expanding construction industry. Ceramics are extensively used in the construction industry for applications such as tiles, sanitaryware, bricks, and refractories. The rapid urbanization and infrastructure development in emerging economies, as well as renovation and remodeling activities in developed regions, are contributing to the demand for ceramics in the construction sector. In addition, ceramics find applications in the automotive industry for components such as catalytic converters, sensors, and engine parts. The demand for lightweight, durable, and high-temperature resistant materials in automotive manufacturing drives the adoption of ceramics, particularly advanced ceramics, to enhance fuel efficiency, reduce emissions, and improve performance. Besides this, the growing inclination toward renewable energy sources is also contributing to market growth. Ceramics play a crucial role in energy generation, storage, and conservation. They are used in applications like solid oxide fuel cells, gas turbines, solar panels, and thermal insulation. Moreover, the market is further propelled by the increasing healthcare and biomedical product applications. Ceramics are widely used in the healthcare and biomedical fields due to their biocompatibility and resistance to wear and corrosion. They are utilized in dental implants, orthopedic implants, surgical instruments, and medical devices. This, coupled with the development of advanced manufacturing processes, such as additive manufacturing (3D printing), has expanded the possibilities for ceramics in terms of complex shapes, customization, and cost-effective production, thus contributing to market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global ceramics market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product, application, and end use.Product Insights:
- Traditional
- Advanced
Application Insights:
- Tiles
- Sanitary Wares
- Abrasives
- Pottery
- Bricks and Pipes
- Others
End Use Insights:
- Building and Construction
- Industrial
- Medical
- Others
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global ceramics market. Detailed profiles of all major companies have been provided. Some of the companies covered include 3M Company, Applied Ceramics Inc., CeramTec GmbH, Compagnie de Saint-Gobain S.A., CoorsTek Inc, Corning Incorporated, Du-Co Ceramics Company, Kajaria Ceramics Limited, KYOCERA Corporation, Mohawk Industries, Inc, Momentive Performance Materials Quartz, Inc., Morgan Advanced Materials, RAK Ceramics P.J.S.C., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global ceramics market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global ceramics market?
- What is the impact of each driver, restraint, and opportunity on the global ceramics market?
- What are the key regional markets?
- Which countries represent the most attractive ceramics market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the ceramics market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the ceramics market?
- What is the breakup of the market based on the end use?
- Which is the most attractive end use in the ceramics market?
- What is the competitive structure of the global ceramics market?
- Who are the key players/companies in the global ceramics market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Ceramics Market
6 Market Breakup by Product
7 Market Breakup by Application
8 Market Breakup by End Use
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 3M Company
- Applied Ceramics Inc.
- CeramTec GmbH
- Compagnie de Saint-Gobain S.A.
- CoorsTek Inc
- Corning Incorporated
- Du-Co Ceramics Company
- Kajaria Ceramics Limited
- KYOCERA Corporation
- Mohawk Industries Inc
- Momentive Performance Materials Quartz Inc.
- Morgan Advanced Materials
- RAK Ceramics P.J.S.C.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | July 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 163.84 Billion |
| Forecasted Market Value ( USD | $ 246.28 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
