The global ceramics market size is expected to grow from $107.72 billion in 2021 to $114.11 billion in 2022 at a compound annual growth rate (CAGR) of 5.94%. The growth in the market is mainly due to the companies' rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global ceramics market size is expected to reach $145.93 billion in 2026 at a CAGR of 6.34%.
What is the Global Ceramics Market?
The ceramics market consists of sales of ceramics by entities (organizations, sole traders, and partnerships) that manufacture ceramics. Ceramics are inorganic, non-metallic materials created by forming and sintering natural or synthetic compounds at high temperatures. They are generally made by mixing clay, earthen elements, powders, and water and shaping them into desired forms. They have several properties such as high melting temperatures, chemical inertness, ruggedness, and low thermal and electrical conductivity, and are hence used in diverse applications such as pottery, bricks, tiles, cement, glass, gas turbine engines, and others.
Get a Sample of the global ceramics market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=5886&&type=smp
What drives the Global Ceramics Market?
A rise in the construction industry is expected to propel the growth of the ceramics market. Due to the rapid increase in urbanization, more construction is being done in both developed and developing countries, which has increased the demand for ceramics and ceramics-related products. According to Invest India, between April 2000 and March 2021, India's urban development and construction activities totaled $26.08 billion and $24.72 billion, respectively. According to the global construction review report published in 2021, construction will be a driving force in global economic growth in the decade to 2030, with output estimated to be 35% greater than in the previous ten years to 2020. Therefore, the rise in the construction industry is driving the growth of the ceramics market.
Get the full global ceramics industry report here
https://www.thebusinessresearchcompany.com/report/ceramics-global-market-report
Global Ceramics Market Segments
The global ceramics market is segmented:
By Type: Traditional, Advanced
By End-User: Building and Construction, Industrial, Medical
By Application: Tiles, Sanitary Wares, Abrasives, Pottery, Bricks and Pipes, Others
By Geography: The regions covered in the ceramics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Ceramics Global Market Report 2022provides market size and growth forecasts for the global ceramics market, global ceramics market share, ceramics market segments and geographies, ceramics market competitive landscape including leading competitors’ revenues, profiles and market shares. The ceramics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Ceramics Industry Playersinclude 3M, AGC Ceramics Co., Ltd., Applied Ceramics Inc., CeremTec, CoorsTek, Corning Inc., Du-Co Ceramics Company, Imerys Ceramics, Kyocera Corporation, Materion Corporation, McDanel Advanced Ceramic Technologies, Mohawk Industries, Momentive Performance Materials Inc., Morgan Advanced Materials, Murata Manufacturing Co., Ltd., Rauschert GmbH, Saint Gobain, Unifrax, Blasch Precision Ceramics Inc., Caesar, China Glass Holding, Sisecam Group, American Standard, SCHOTT AG, Ceramiche Caesar, Thermal Ceramics UK, Kajaria Ceramics Limited, Mohawk Industries, Inc., Momentive, RAK Ceramics and Saint-Gobain. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
