Global Ceramics Market to Reach US$ 311.7 Billion by 2032, Stimulated by Significant Growth in Construction Sector

August 28, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled “Ceramics Market Report by Product (Traditional, Advanced), Application (Tiles, Sanitary Wares, Abrasives, Pottery, Bricks and Pipes, and Others), End Use (Building and Construction, Industrial, Medical, and Others), and Region 2024-2032,” the global ceramics market size reached US$ 175.8 Billion in 2023. Ceramics encompass a broad range of inorganic and non-metallic materials known for their hardness, brittleness, and resistance to high temperatures and chemicals. They are composed of clay, which may be worked into various shapes before being heated in a fire to make them harder. With unique characteristics such as thermal stability, electrical insulation, and aesthetic appeal, ceramics have extensive applications in various sectors. They are utilized in industries including construction, healthcare, automotive, and consumer goods. They form essential components in products such as tiles, pottery, dental implants, automotive parts, and electronics. Advanced ceramics, engineered with specific properties, are employed in cutting-edge technology applications. From traditional pottery to modern aerospace engineering, the role of ceramics has evolved remarkably, signifying its essential contribution to technological advancements and human innovation.

Global Ceramics Market Trends:

The global ceramics market is witnessing substantial growth, driven by the increasing application of ceramics in construction and real estate due to their durability, design versatility, and energy efficiency. Along with this, the rising automotive sector, adopting ceramics in components for weight reduction and temperature management, is adding impetus to market growth. In addition, the rise in healthcare applications, particularly in dental and orthopedic implants, reflects a positive trend in market expansion. Moreover, the rise in environmental consciousness has led to the development of eco-friendly ceramics, further fueling the market's growth. Apart from this, technological innovations are also shaping the market, with the emergence of 3D printing techniques, allowing for complex and precise ceramic components. A growing middle-class population, urbanization, and a shift towards aesthetically appealing interiors have additionally contributed to the widespread demand for ceramics in various forms. Together, these drivers and trends are steering the global ceramics market towards a promising future, with opportunities spread across different industrial domains. Looking forward, the market value is projected to reach US$ 311.7 Billion by 2032, expanding at a CAGR of 6.37% during 2024-2032.

Market Summary:

  • Based on the product, the market has been segmented into traditional and advanced. Among these, traditional products represent the largest segment.
  • On the basis of the application, the market is segregated into tiles, sanitary wares, abrasives, pottery, bricks and pipes, and others. Presently, tiles account for the largest market share.
  • Based on the end use, the market has been segmented into building and construction, industrial, medical, and others. Currently, building and construction accounts for the largest market share.
  • Region-wise, the market has been segmented into North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Among these, Asia Pacific holds the largest market share.
  • The competitive landscape of the market has also been examined, with some of the key players being 3M Company, Applied Ceramics Inc., CeramTec GmbH, Compagnie de Saint-Gobain S.A., CoorsTek Inc, Corning Incorporated, Du-Co Ceramics Company, Kajaria Ceramics Limited, KYOCERA Corporation, Mohawk Industries, Inc, Momentive Performance Materials Quartz, Inc., Morgan Advanced Materials and RAK Ceramics P.J.S.C.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
  • Product
  • Application
  • End Use
  • Region
Products Covered Traditional, Advanced
Applications Covered Tiles, Sanitary Wares, Abrasives, Pottery, Bricks and Pipes, Others
End Uses Covered Building and Construction, Industrial, Medical, 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 3M Company, Applied Ceramics Inc., CeramTec GmbH, Compagnie de Saint-Gobain S.A., CoorsTek Inc, Corning Incorporated, Du-Co Ceramics Company, Kajaria Ceramics Limited, KYOCERA Corporation, Mohawk Industries, Inc, Momentive Performance Materials Quartz, Inc., Morgan Advanced Materials, RAK Ceramics P.J.S.C., 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)

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Global Ceramics Market to Reach US$ 311.7 Billion by 2032, Stimulated by Significant Growth in Construction Sector
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