Press release
Ceramics Market Growing in Revenue Making CAGR of 9.6% by 2026 with Global Organizations Like Saint-Gobain, Corning, Dillmeier Glass Company, Asahi India Glass, AGC Glass Europe, Independent Glass and More
Market Highlights:Global Ceramics market is accounted for $9.41 billion in 2017 and is expected to reach $13.28 billion by 2026 growing at a CAGR of 9.06%. Rising number of construction activities, growing demand for ceramic tiles in offices, malls, restaurants and resorts, technological advancements, increasing demand for ceramics from emerging countries are some of the factors favouring the market. However, stringent regulations imposed on ceramics regarding its usage in construction, food & beverage and in automobile sectors are hampering the market growth.
Ceramic materials are helpful in meeting hygiene requirements as they require less maintenance and are highly resistant to environmental conditions these materials provide durability for products in application areas such as bathrooms. Saint-Gobain has acquired Kirkson Industrial Reinforcements GmbH Company with the aim to consolidate their position in housing & construction sector by providing high-performance solutions.
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The demand for ceramic tiles is increasing rapidly owing to the constructing projects from emerging countries such as China, India, Indonesia and Malaysia. These tiles are mainly used in bathrooms, kitchen floors. On the other hand, advanced ceramics has acquired largest market share due to the increasing demand from different industries such as automotives and heavy machinery as they have ability to operate under severe conditions and exhibit huge amount of industrial efficiency. Shift in consumer preferences towards replacing metal slabs with has increased the demand for ceramic bricks. Asia Pacific is leading the ceramics market and the growth of this region can be attributed to growing adoption of traditional ceramic products in construction industry mainly in Indonesia and rising infrastructure development projects in this region.
Top Industry Players:
Some of the key players in global ceramics market include Saint-Gobain, Corning Inc, Dillmeier Glass Company, Asahi India Glass Ltd. (AIS), AGC Glass Europe, Independent Glass Co., Ltd., AJJ Glass Products Co., Ltd, PPG Industries, Inc, Astrocam, NSG Group/Pilkington, Ceramiche Caesar, Ceradyne, Industrie Ceramiche Piemme, Schott and Carbo Ceramics.
What our report offers:
• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements
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Market Segments:
Products Covered:
• Advanced ceramics
• Traditional ceramics
Applications Covered:
• Ceramic tiles
• Sanitary ware
• Fine art
• Refractories
• Decorative ceramic tiles
• Table & ornamental ware
• Packaging
• Bricks, roof tiles & pipes
• Abrasives
• Technical ceramics
• Tiles
• Other applications
End Users Covered:
• Medical
• Housing & construction
• Industrial
• Other End Users
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