The Ceramics Global Market Report 2023 by The Business Research Company, provides ceramics market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Ceramics Global Market Report 2023, the global ceramics market size will grow from $117.99 billion in 2022 to $129.56 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the ceramics is expected to grow to $190.78 billion in 2027 at a CAGR of 10.2%.
A rise in the construction industry is expected to propel the growth of the ceramics market. Due to the rapid increase in urbanization, more construction is being done in both developed and developing countries, which has increased the demand for ceramics and ceramics-related products.
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The ceramics market is segmented:
1) By Type: Traditional, Advanced
2) By End User: Building And Construction, Industrial, Medical
3) By Application: Tiles, Sanitary Wares, Abrasives, Pottery, Bricks and Pipes, Other Applications
Top Major Players
3M
AGC Ceramics Co. Ltd.
Applied Ceramics Inc.
CeremTec
CoorsTek
Technological advancements are a key trend gaining popularity in the ceramics market. Technological advancements, such as 3D printing, are knowledge discoveries that advance technology. For instance, in February 2021, CeramTec, a Germany-based manufacturer of ceramic products, developed a new 3D printing process named ROCAR 3D, for the production of construction elements made from technical ceramic material. It combines the unique material features of silicon carbide (SiSiC) with a quick and low-cost 3D printing technique. The new technology enables the development of components that can be produced later in large series in a particularly cost-effective and innovative fashion.
The ceramics market report table of contents includes:
1. Executive Summary
2. Ceramics Market Characteristics
3. Ceramics Market Trends And Strategies
4. Ceramics Market – Macro Economic Scenario
5. Ceramics Market Size And Growth
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26. Africa Ceramics Market
27. Ceramics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ceramics Market
29. Ceramics Market Future Outlook and Potential Analysis
30. Appendix
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