Glass Ceramics Market Report by Composition (Lithium-Aluminium-Silicate (LAS), Zinc-Aluminium-Silicon Oxides (ZAS), Magnesium-Aluminium-Silicon Oxides (MAS), and Others), Application (Building and Construction, Electrical and Electronics, Healthcare, Aerospace, Optical, and Others), and Region 2024-2032

Glass Ceramics Market Report by Composition (Lithium-Aluminium-Silicate (LAS), Zinc-Aluminium-Silicon Oxides (ZAS), Magnesium-Aluminium-Silicon Oxides (MAS), and Others), Application (Building and Construction, Electrical and Electronics, Healthcare, Aerospace, Optical, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A6851
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Market Overview:

The global glass ceramics market size reached US$ 1.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.2% during 2024-2032. The escalating product demand in the building and construction industry, considerable growth in the semiconductors industry, and the increasing sales of glass-ceramics-based kitchen appliances represent some of the key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 1.6 Billion
Market Forecast in 2032
US$ 2.3 Billion
Market Growth Rate 2024-2032 4.2%


Glass ceramics refer to materials composed of fine-grained polycrystalline materials formed by heat-treating glasses to a lower energy, crystallized state. Combining glass and polycrystalline ceramics, these materials are fabricated from polycrystalline materials that have fine microstructures through the crystallization of glass. These ceramics are formed by partially crystallized glasses with distinct crystalline and amorphous phases, and they are almost non-expansive over a considerable temperature range, while also reducing noise. In addition to exhibiting properties, such as abrasion resistance and high mechanical strength, glass ceramics can withstand harsh conditions, such as erosion, rain, and wind. In addition to their high strength, zero porosity and transparency, glass ceramics are chemically inert, making them highly thermally stable. Compared to their conventional counterparts, glass ceramics are robust and transfer heat more efficiently.

Glass Ceramics Market

Glass Ceramics Market Trends:

The escalating demand for glass ceramics in the building and construction industry is a significant factor for the market growth. This can be attributed to the considerable expansion of construction activities across the globe. In line with this, the growing adoption of glass ceramics in the manufacturing of semiconductor appliances is also providing an impetus to the market. Besides this, rapid product utilization in the production of antennas for mobiles and Wi-Fi applications is also resulting in a higher product uptake. Moreover, the augmenting demand for glass ceramics in numerous orthopedic applications, such as spinal restoration in intervertebral spaces, is also creating a positive outlook for the market. The market is further propelled by considerable growth in the aerospace and defense industry resulting in an increased requirement for high-end aircraft and missiles. Apart from this, a significant rise in the sales of glass-ceramics-based cooktops, stoves, bakeware, microwave and fireplace doors is creating lucrative opportunities in the market on the global level. Extensive research and development (R&D) activities conducted by the key players focusing on advanced bioactive glass ceramics for bone and musculoskeletal tissue engineering and ongoing clinical trials in the medical industry are further fueling the market. Some of the other factors contributing to the market include rapid urbanization and industrialization, inflating disposable income levels, and continual product innovations.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global glass ceramics market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on composition and application.

Composition Insights:

Glass Ceramics Market By Composition

  • Lithium-Aluminium-Silicate (LAS)
  • Zinc-Aluminium-Silicon Oxides (ZAS)
  • Magnesium-Aluminium-Silicon Oxides (MAS)
  • Others
     

The report has provided a detailed breakup and analysis of the glass ceramics market based on the composition. This includes lithium-aluminium-silicate (LAS), zinc-aluminium-silicon oxides (ZAS), magnesium-aluminium-silicon oxides (MAS), and others. According to the report, lithium-aluminium-silicate (LAS) represented the largest segment.

Application Insights:

  • Building and Construction
  • Electrical and Electronics
  • Healthcare
  • Aerospace
  • Optical
  • Others
     

A detailed breakup and analysis of the glass ceramics market based on the application has also been provided in the report. This includes building and construction, electrical and electronics, healthcare, aerospace, optical, and others. According to the report, building and construction accounted for the largest market share.

Regional Insights:

Glass Ceramics Market By Region

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    •  United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for glass ceramics. Some of the factors driving the Asia Pacific glass ceramics market include rapid urbanization, presence of several key players, considerable growth in the aerospace and defense industry, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global glass ceramics market. Detailed profiles of all major companies have also been provided. Some of the companies covered include AGC Inc., CoorsTek Inc., Corning Incorporated, Kyocera Corporation, Morgan Advanced Materials plc, Nippon Electric Glass Co. Ltd., Ohara Corporation, Schott AG, Wenzhou Kanger Crystallite Utensils Co. Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Compositions Covered Lithium-Aluminium-Silicate (LAS), Zinc-Aluminium-Silicon Oxides (ZAS), Magnesium-Aluminium-Silicon Oxides (MAS), Others
Applications Covered Building and Construction, Electrical and Electronics, Healthcare, Aerospace, Optical, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AGC Inc., CoorsTek Inc., Corning Incorporated, Kyocera Corporation, Morgan Advanced Materials plc, Nippon Electric Glass Co. Ltd., Ohara Corporation, Schott AG, Wenzhou Kanger Crystallite Utensils Co. Ltd., etc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the glass ceramics market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global glass ceramics market.
  • The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the glass ceramics industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Key Questions Answered in This Report

The global glass ceramics market was valued at US$ 1.6 Billion in 2023.

We expect the global glass ceramics market to exhibit a CAGR of 4.2% during 2024-2032.

The rising demand for glass ceramics as they offer enhanced abrasion resistance, high mechanical strength, and can withstand harsh conditions, such as erosion, rain, and wind, is primarily driving the global glass ceramics market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for glass ceramics.

Based on the composition, the global glass ceramics market has been segregated into Lithium-Aluminium-Silicate (LAS), Zinc-Aluminium-Silicon Oxides (ZAS), Magnesium-Aluminium-Silicon Oxides (MAS), and others. Among these, Lithium-Aluminium-Silicate (LAS) currently holds the largest market share.

Based on the application, the global glass ceramics market can be bifurcated into building and construction, electrical and electronics, healthcare, aerospace, optical, and others. Currently, building and construction exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global glass ceramics market include AGC Inc., CoorsTek Inc., Corning Incorporated, Kyocera Corporation, Morgan Advanced Materials plc, Nippon Electric Glass Co. Ltd., Ohara Corporation, Schott AG, Wenzhou Kanger Crystallite Utensils Co. Ltd., etc.

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Glass Ceramics Market Report by Composition (Lithium-Aluminium-Silicate (LAS), Zinc-Aluminium-Silicon Oxides (ZAS), Magnesium-Aluminium-Silicon Oxides (MAS), and Others), Application (Building and Construction, Electrical and Electronics, Healthcare, Aerospace, Optical, and Others), and Region 2024-2032
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