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Ceramics Market Report 2023 - Market Size, Growth, Industry statistics And Forecast To 2032 | 3M, AGC Ceramics Co., Ltd., Applied Ceramics Inc., CeremTec, CoorsTek
Ceramics Market
Ceramics Market Size, Growth Rate, And Forecast
The global ceramics market size grew from $117.99 billion in 2022 to $129.56 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ceramics market size is expected to grow to $190.78 billion in 2027 at a CAGR of 10.2%.
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Ceramics Market Drivers
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.
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Ceramics Market Segments
1. By Type: Traditional, Advanced.
2. By End User: Building And Construction, Industrial, Medical.
3. By Application: Tiles, Sanitary Wares, Abrasives, Pottery, Bricks and Pipes, Other Applications.
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Ceramics market.
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Ceramics Market Key Players
Major competitors in the Ceramics market include 3M, AGC Ceramics Co., Ltd., Applied Ceramics Inc., CeremTec, CoorsTek, Corning Inc.
The Business Research Company's "Global Ceramics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Ceramics Market Include:
1. Executive Summary
2. Ceramics Market Characteristics
3. Ceramics Market Trends And Strategies
4. Ceramics Market - Macro Economic Scenario
5. Ceramics Market Size And Growth
……
26. Africa Ceramics Market
27. Ceramics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ceramics Market
29. Ceramics Market Future Outlook and Potential Analysis
30. Appendix
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