The latest market report published by Constancy Researchers “Global Ceramics Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Ceramics Market: Overview
The global ceramics market was valued at US$ 271.4 Billion in 2020 and is estimated to grow at a CAGR of 9.1% during the forecast period. The global ceramics market is anticipated to witness substantial growth in the years to come due to the growing demand for ceramics from the construction & building industry along with increased expansion of industries in the emerging economies.The increased oral health expenditure is another major factor for the growth of the ceramics market in the years to come.According to a report by the American Dental Association (ADA) in 2018, the total U.S. dental expenditure has increased to US$ 129.12 Bn in 2017 from US$ 84.56 Bn in 2000. Moreover, the emergence of technological products coupled with increased demand of ceramics in the healthcare industry are some of the key opportunities for the global ceramics market over the upcoming years. Besides, the fluctuations in the raw material price sis one of key factors estimated to hamper the global ceramics market growth in the years to come.
Global Ceramics Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global ceramics market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global ceramics market, the demand for ceramics has decreased due to haltin the manufacturing industry worldwide along with the decreased construction activities during the COVID-19 period.
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Global Ceramics Market: Report Highlights
- Based on the end-user, the building & construction category had a major share in 2020 is estimated to witness growth at a substantial CAGR over the forecast period. Besides, the medical category is estimated to witness the highest CAGR growth in the years to come.
- Based on the regional analysis, Asia Pacific dominated the market in 2020 and is projected to grow at the highest CAGR during the forecast period. This is majorly due to the growing construction industry in the region along with rising industrial activities in the region. Besides, the MEA region is estimated to witness substantial growth during the forecast period.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global ceramics market.
- As per the research by Constancy Researchers Private Limited, the global ceramics market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Ceramics Market
- AGC Inc.
- Ceramiche Caesar
- Saint Gobain
- Schott AG
- Du-Co Ceramics Company
- Mohawk Industries
- Kyocera Corporation
- 3M Company
- Sisecam Group
- Unifrax
- Morgan Thermal Ceramics
- Corning Inc.
- Jingniu Glass
- Asahi India Glass Ltd.
- Dillmeier Glass Company
- PPG Industries Inc.
- Far East Cable Co.
- Others
Global Ceramics Market:Segmentation
Constancy Researchers Private Limited has segmented the global ceramics market on the basis of product type, application,end-use and regional analysis-
Global Ceramics Market: By Product Type
- Advanced
- Traditional
Global Ceramics Market: By Application
- Pottery
- Sanitary Ware
- Tiles
- Abrasives
- Bricks & Pipes
- Others
Global Ceramics Market: By End-use
- Medical
- Building & Construction
- Industrial
- Others
Global Ceramics Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
