Ceramics Industry Data Book | Forecast 2030

Grand View Research’s ceramics sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

The economic value generated by the ceramics industry was estimated at approximately USD 239.53 billion in 2022. This economic output is an amalgamation of ceramics products, including traditional ceramics and advanced ceramics.

 

Access the Global Ceramics Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

 

The growth of the ceramics industry is driven by the increasing consumption of ceramics-based products in a wide range of end-use industries such as construction, electronics & electrical, aerospace, automotive, daily use, and medical. Increasing investment in luxury hotels, restaurants, resorts, and villas is increasing the consumption of ceramics to increase the aesthetic appeal of the property, which is anticipated to drive the market growth across the forecast period.

 

Traditional Ceramic Market Report Highlights

  • The architectural application segment held the largest share of nearly 55.0% in 2023 and is expected to continue its dominance across the forecast period. increasing investments in the development of multi-story apartments, which is expected to have a positive impact on the segment

 

  • Art ware application segment is expected to register a growth rate of 4.3% across the forecast period. The segment’s growth is attributed to rising investment in luxury apartments and hotels, in which product is widely used to increase the property’s aesthetic appeal

 

  • Based on region, the Middle East & Africa region is anticipated to grow at a CAGR of 3.7% across the forecast period. The countries in the region are diversifying their income source owing to this they are significantly investing in tourism, building construction, and industries. Thus, augmenting the consumption of products in the region

 

  • Manufacturers worldwide face challenges due to the high raw material costs, which has prompted some small-scale manufacturers to shut down their production units. According to the India-based Morbi Ceramic Association, almost 100 manufacturing units of ceramic products were shut down in 2022, due to the rise in input costs of coal gas, and other raw materials

 

Order your copy of the Free Sample of “Ceramics Industry Data Book – Traditional Ceramics and Advanced Ceramics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

 

 

Advanced Ceramics Market Report Highlights

 

  • Asia Pacific is expected to expand at the highest CAGR over the forecast period. Rising investments in electronics, EVs, and medical industry-related production facilities in the region are propelling the segment growth

 

  • Based on material, zirconate is expected to witness considerable growth over the forecast period. Its increasing demand, especially in the medical industry, is anticipated to boost product demand over the coming years

 

  • By application, electronic devices held the largest share of more than 47.0% in 2022 and this trend is expected to continue over the forecast period. Growing investments in the semiconductor technology and the telecom industry, coupled with the rising demand for gadgets such as laptops and smartphones, are fueling the segment growth

 

  • On the basis of end-use, the medical segment is expected to grow at a significant rate across the forecast period. Growing R&D in the medical sector, especially after the pandemic, increasing penetration of advanced ceramic in medical equipment owing to its properties, and rising dental and orthopedic patients worldwide are anticipated to augment segment growth.

 

Company Profiles

  • AGC Ceramics Co., Ltd
  • CoorsTek Inc.
  • CeramTec GmbH
  • RAK CERAMICS
  • Kajaria Ceramics Limited
  • MOHAWK INDUSTRIES, INC.
  • Morgan Advanced Materials
  • Saint Gobain

 

Competitive Insights

 

The participation of numerous manufacturers characterizes the global ceramics market, focused on developing ceramic products. These prominent companies compete against one another based on elements like product quality and cost. The Players participating in this market consistently develop new products to keep ahead of their rivals, which distinguishes the ceramics market globally. For instance, CeramTec GmbH introduced the AIN HP, a relatively new high-performance substrate, in May 2022. This ceramic substrate is perfect for use in the manufacturing of power converters for rail vehicle production.

Ceramics Industry | Forecast 2030

Ceramics Industry Data Book – Traditional Ceramics and Advanced Ceramics Market

The economic value generated by the ceramics industry was estimated at approximately USD 239.53 billion in 2022. This economic output is an amalgamation of ceramics products, including traditional ceramics and advanced ceramics.

The growth of the ceramics industry is driven by the increasing consumption of ceramics-based products in a wide range of end-use industries such as construction, electronics & electrical, aerospace, automotive, daily use, and medical. Increasing investment in luxury hotels, restaurants, resorts, and villas is increasing the consumption of ceramics to increase the aesthetic appeal of the property, which is anticipated to drive the market growth across the forecast period.

Ceramics Instruments Industry Data Book Coverage Snapshot

Markets Covered

  • Ceramics Industry USD 239.53 billion in 2022 5.2% CAGR (2023-2030)
  • Traditional Ceramics Market Size USD 136.66 billion in 2022 4.9% CAGR (2023-2030)
  • Advanced Ceramics Market Size USD 102.87 billion in 2022 5.6% CAGR (2022-2030)

 

Access the Global Ceramics Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

 

Traditional Ceramic Market Growth & Trends

The global traditional ceramic market is expected to reach USD 200.53 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% over the forecast period. Rising investment in the construction of residential and non-residential buildings is expected to increase the demand for traditional ceramics across the forecast period.

Traditional ceramic products, such as tiles, including flooring, wall covering, roofing, facades, and decorative elements find diverse applications in residential and non-residential buildings. Offices, homes, and hotels favor ceramic tiles due to their durability, ease of maintenance, and ability to enhance the overall aesthetics of the space.

Additionally, restaurants worldwide increasingly incorporate modern architecture in their upgrades and new constructions, leading to a substantial demand for traditional ceramic products to achieve a visually appealing and sophisticated ambiance for their properties. For instance, in August 2022, Ras Al Khaimah Tourism Development Authority in the UAE announced that it is planning to increase hotel rooms to up to 12,747 across 50 hotels and resorts in the next five years.

 

Order your copy of the Free Sample of “Ceramics Industry Data Book – Traditional Ceramics and Advanced Ceramics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030, published by Grand View Research

 

Advanced Ceramics Market Growth & Trends

The global advanced ceramics market size is expected to reach USD 147.34 billion by 2030, registering a CAGR of 4.0% according to a new report by Grand View Research, Inc. Increasing demand for high-performing lightweight materials in industries such as telecom, automotive, aerospace, and medical is propelling the market growth.

Advanced ceramics, also referred to as engineered or technical ceramics, are developed to withstand harsh environments. They are manufactured from high-purity and inorganic compounds. They can be differentiated from traditional ceramics based on their raw materials, structures, manufacturing processes, and functionalities.

The global demand for advanced ceramics is increasing owing to their enhanced characteristics. These are used for developing specialized components with improved mechanical and physical properties for use in different industries based on their requirements. They are used for manufacturing 3D printed components, solid oxide fuel cells, piezoelectric ceramics, multi-component ceramic slurries, ceramic tapes, and ceramic fiber composites.

 

Competitive Insights

The participation of numerous manufacturers characterizes the global ceramics market, focused on developing ceramic products. These prominent companies compete against one another based on elements like product quality and cost. The Players participating in this market consistently develop new products to keep ahead of their rivals, which distinguishes the ceramics market globally. For instance, CeramTec GmbH introduced the AIN HP, a relatively new high-performance substrate, in May 2022. This ceramic substrate is perfect for use in the manufacturing of power converters for rail vehicle production.

 

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