The Ceramic Machinery Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Ceramic Machinery Global Market Report 2024, The ceramic machinery market size has grown strongly in recent years. It will grow from $4.42 billion in 2023 to $4.72 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increasing demand for ceramic product, global economic growth, innovations in materials, regulatory support, globalization of markets.
The ceramic machinery market size is expected to see strong growth in the next few years. It will grow to $6 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to industry 40 integration, environmental sustainability, growing construction sector, customization and flexibility, r&d in advanced ceramics. Major trends in the forecast period include digitalization of manufacturing, technological advancements, digitalization and smart manufacturing, customization and flexibility, energy efficiency and sustainability.
The increase in demand for ceramic tiles is expected to propel the growth of the ceramic machinery market going forward. Ceramic tiles refer to a type of hard, durable, and decorative material used for covering walls, floors, and other surfaces. Ceramic machinery is used extensively in the production of ceramic tiles, as it helps to automate and streamline the manufacturing process. For instance, in October 2022, according to the MECS research center, an Italy-based manufacturing machinery and supply chain research center, and a journal publisher, the global production and consumption of ceramic tile grew by 7.2% and 6.8% in the year 2021. Therefore, the increase in demand for ceramic tiles is driving the growth of the ceramic machinery market.
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The ceramic machinery market covered in this report is segmented –
1) By Type: Shaping Machines, Decoration And Glazing Machines, Raw Materials Preparation, Storage And Handling
2) By Application: Tile Manufacturers, Heavy Clay Manufacturers, Ceramic Sanitary Ware Manufacturers
3) By End-Users: Commercial Construction, Residential Construction
Product innovations are the key trends gaining popularity in the ceramic machinery market. Companies operating in the ceramic machinery market are innovating new products to sustain their position in the market. For instance, in April 2021, Lithoz GmbH, an Austria-based company that specializes in the development and manufacturing of ceramic 3D printing systems launched CeraFab Lab L30 ceramic printer with Lithography-based ceramics manufacturing (LCM) technology. It is intended for use in research and development and uses Lithography-based ceramics manufacturing (LCM) technology, which can produce high-resolution parts with unmatched precision and first-class lasting quality. The entry-level model for those just starting out in ceramic 3D printing, the cerafab lab L30 is made specifically to ensure that even those with restricted resources have access to the greatest technology available with full capability. It is intended for use in research and development.
The ceramic machinery market report table of contents includes:
1. Executive Summary
2. Ceramic MachineryMarket Characteristics
3. Ceramic MachineryMarket Trends And Strategies
4. Ceramic MachineryImpact Market
5. Ceramic MachineryMarket Size And Growth
6.Ceramic Machinery Segmentation
7.Ceramic Machinery Regional And Country Analysis
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27.Ceramic Machinery Competitive Landscape And Company Profiles
28.Ceramic Machinery Key Mergers And Acquisitions
29. Ceramic MachineryFuture Outlook and Potential Analysis
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