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    Ceramics Market, Recent Developments, Strategies, Market Impact, Segmentation, Size, Growth, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2028

     Posted on: 2021-09-22 18:47:43


    Category:4

    No of Pages:180

    Global Ceramics Market: By Product Type (Advanced and Traditional), By Application (Pottery, Sanitary Ware, Tiles, Abrasives, Bricks & Pipes, Others), By End Use (Medical, Building & Construction, Industrial, and Others), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA)), (Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 - 2028)
     

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    Global Ceramics Market: Overview
    The global ceramics market size was estimated at US$ 271.4 Billion in 2020 and is projected to grow at a CAGR of 9.1% over the upcoming years. The key growth factors behind the growth of ceramics market include the growing demand for ceramics in the construction industry along with the increased industrial activities in the emerging countries. Furthermore, the emergence of new technologies along with the growing demand for ceramics in the healthcare industry are some other key factors for the growth of the ceramics market in the upcoming years.



    Global Ceramics Market: COVID-19 Impact
    The COVID-19 pandemic had a huge impact across all the industries including logistics & supply chain, oil & gas, manufacturing, electronics, and others. The partial or full lockdown in the year 2020 and 2021 across numerous countries such as India, the U.S., the U.K., Germany, and others had further impacted the supply of raw materials and finished products across the globe. The demand for automotive parts has decreased during the COVID-19 period due to halt in the manufacturing industry as the demand for raw materials and finished good has been halted during the COVID-19 period. Therefore, the global ceramics market is severely impaced by COVID-19.

    Global Ceramics Market: Application Analysis
    On the basis of application, the global ceramics market is categorized into pottery, sanitary ware, tiles, abrasives, bricks & pipes, and others. The tiles category had a major share in 2020. This is mainly due to the increased demand for ceramics tiles in residential as well as non-residential places across the globe. Besides, the sanitary ware category is estimated to witness the substantial growth in the upcoming years.


    Global Ceramics Market: Regional Analysis
    Based on the regions, the global ceramics market is segmented into North America, Europe, Asia Pacific, Latin America (LATAM), and Middle East & Africa (MEA). Asia Pacific is estimated to witness fastest growth in the global ceramics market during the forecast period. This is ascribed to the growing manufacturing industry in the region along with the rising demand for ceramics in the building & construction industry in the region. Besides, North America and Europe is estimated to witness substantial growth during the forecast period.

    Global Ceramics Market: Segment Analysis

    ATTRIBUTE DETAILS
    Study Period 2017-2028
    The base Year 2020
    Forecast Period 2021-2028
    Historical Period 2017-2019
    Unit Value (US$ Billion)
    Segmentation
    Global Ceramics Market: By Product Type
    Advanced
    Traditional

    Global Ceramics Market: By Application
    Pottery
    Sanitary Ware
    Tiles
    Abrasives
    Bricks & Pipes
    Others

    Global Ceramics Market: By End-use
    Medical
    Building & Construction
    Industrial
    Others

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