Global Ceramics Market Forecast Highlights Revenue Share Analysis across Prime Geographies during the Forecast Period, 2019-2029

Fact.MR has published a new research report on global ceramics market sizes, upcoming industry trends and growth opportunity through 2019-2029 to its online database that tries to unveil the various scenarios prevailing in the ceramics market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the ceramics market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers.

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Ceramics Market in Numbers

• The global market revenues for ceramics are set to near the mark of US$ 100 Bn in 2019.
• Ceramics sales are likely to see healthy growth during the next decade; a ~6% CAGR has been estimated for the global ceramics market over 2019-2029.
• North America and Europe collectively account for
• Advanced ceramics will reflect higher growth opportunities compared to traditional ceramics. By the end of 2029, ~US$ 135 Bn worth of advanced ceramics will be sold across the globe.
• While wall & floor tiles and bricks, roof tiles & pipes available in the market will continue to gain traction, global sales of advanced ceramics will procure the highest revenue share.
• Ceramics continue to witness heavy traction in the end-use industry like construction, electrical & electronics, automotive, glass, medical, aviation, and others.

Competition Landscape Analysis: Ceramics Market

The global ceramics market represents a fairly fragmented competitive landscape, with a large number of smaller companies accounting for 50% of the global market revenues. A majority of globally leading companies manufacturing and dealing in ceramics are observed to be targeting developing regions for expansion of manufacturing capacities and distribution, in the backdrop of the rapid growth of the building & construction, and infrastructure industries in several developing regions.

Kyocera Corporation, Saint Gobain, The 3M Company, Dow Dupont, and a few others. While these players lead their way in global marketplace with established growth strategies, such as maintaining sound sales and operational infrastructure, they are also focused on expansion of the global footprint. New product developments by such globally brands will remain the regular highlights of the market over the years to come.

On the other side, the presence of followers in the global ceramics market are confined to specific regions or countries, which is a major restrain challenging them to achieve expanded shares in the global landscape. Strategic collaborations and acquisitions are likely to remain preferred plans of these companies, for improved manufacturing and distribution.

Key Growth Determinants: Ceramics Market

• The Growth of Construction Industry

Ceramics are widely used in the construction industry that is growing at a steady pace all over the world, specifically in developing regions. The demand for construction in the housing as well as commercial sector is increasing because of growing economies, urbanization, per capita income, and spending, GDP growth, population expansion.

In addition, the fulfillment of the demand for better aesthetic design, and structural reliability and sustainability of buildings without a significant increase in prices has been achieved due to the effective use of ceramics. Sustained demand for ceramics from the construction sector will continue to remain a key driving force for the ceramics market across the globe.

• Availability of Abundant Raw Material

The primary raw material in the production of ceramics is clay that consists of many minerals, with silica being the primary one. Clay and silica are obtained through external or natural sources, as well as through internal sources. Internal sources include recycling waste tiles and waste produced during the manufacture of tiles. Thus, the raw material for production is available in abundant quantities, which enhances the production of ceramics.

Clay is found in three raw forms: bentonite, fuller’s earth, and kaolin. The increase in clay production indicates an increased demand for clay across various purposes – of which ceramics and construction are the primary ones. Hence, the availability of clay in abundant quantities drives the ceramics market globally.

• Technological Innovations in Ceramic Tile Manufacturing

New technological innovation in the manufacturing of ceramics has given them a better aesthetic appeal and physical properties, at decreased costs. New technologies such as inkjet technology, Nano digital printing, nanopix technology, roto drum technology, multi-screen technology, and many others have revolutionized the construction industry and enhanced the overall decorative quotient of buildings. These technologies have helped tiles to replicate the look and feel of wood, glass, metal, and stone, which has increased the demand for ceramics for designing building interiors and exteriors.

• Demand for Advanced Ceramics in Multi-Staged Semiconductor Manufacturing Processes

Advanced ceramics have become indispensable in the broader electronics industry on account of their diverse and integral contributions in terms of performance. Use of advanced ceramics in multiple phases of the semiconductor manufacturing process has become highly evident, ranging from silicon wafer processing to back-end packaging. Critical ceramic components and devices support the broader functionality of new-age electronics, which in turn makes them one of the fundamental essentials in manufacturing of semiconductor devices.

The role of ceramics in the form of packaging materials, substrates, and other support functions in the semiconductor space continues to be highly favored, on the back of unparalleled protection and reliability offered. Functionalities as such offered by ceramics are nonetheless critical, enabling technologies in the semiconductor manufacturing space.

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Research Methodology

This study of Fact.MR on the global ceramics industry offers industry-based intelligence, followed by comprehensive insights on the historic, current, and prospective growth outlook of the market. For a detailed analysis on the overall performance of the ceramic market landscape for a measured projection period, 2019-2029, a unique methodology that has a holistic research approach, has been adopted by the analysts at Fact.MR. The report is supposed to craft a valued strategic guideline for key decision makers in the industry.

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