Ceramics Market Size, Share & Trends Analysis Report - Forecasts to 2030

Ceramics Market Size, Share & Trends Analysis Report – Forecasts to 2030

Report | January 2023 | Region: Global | 115 Pages

The global ceramics market size is anticipated to reach USD 359.35 billion by 2030 registering a 5.2% CAGR from 2023 to 2030. The rising penetration of ceramics in the medical and construction industries is anticipated to propel market growth in the forecast period. Ceramic is any of the numerous brittle, hard, corrosion-resistant, and heat-resistant materials that are manufactured by giving shape, followed by firing a non-metallic, or an inorganic material, such as clay, at a very high temperature. Based on product, the market is segmented into traditional and advanced.

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Ceramics Market Size, Share & Trends Analysis Report – Forecasts to 2030

The combination of oxides or non-oxides or the combination of both results in the formation of advanced ceramics. Insulation, magnetism, conduction, and permeability are the characteristics, which allow it to be used in a variety of applications in numerous industries such as defense, aviation, electronics, and medicine.

Based on applications, tiles dominate the global market. Worldwide, the growth in construction activities is propelling the demand for tiles in interior décor due to their attractive appearance and affordability. Tiles are typically created from a combination of red or white clay and other materials and are then glazed. This glaze gives the tile more tensile strength, color, and pattern.

Companies Mentioned:

– AGC Ceramics Co., Ltd.
– 3M
– CoorsTek Inc.
– CeramTec GmbH
– Du-Co Ceramics Company
– RAK CERAMICS
– Kajaria Ceramics Limited
– MOHAWK INDUSTRIES, INC.
– Morgan Advanced Materials
– Saint Gobain

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