- In April 2024, Meghna Ceramic Industries boosted its production capacity with a USD 45 million investment to strengthen its position in the tiles market. Since July 2023, the company's factory near Dhaka has been manufacturing 51,000 square meters of "Fresh Ceramics" tiles each day
- In March 2024, Landmark Ceramics announced a USD 72 million investment aimed at enhancing its logistics and production capabilities. The company plans to build a new logistics hub and expand its tile production operations near Nashville, Tennessee, U.S
- In September 2023, ION Storage Systems (ION), a Maryland-based company specializing in high-energy density, solid-state lithium metal batteries, entered into a multi-year supply agreement with Saint-Gobain Ceramics. Under the agreement, Saint-Gobain Ceramics will manufacture high-quality ceramic powder using its proprietary production process
- In August 2023, Kyocera, a global leader in innovative ceramics, unveiled the INNOVATION white collection, a new line of ceramic kitchen knives designed by renowned Japanese designer Yohei Kuwano. This vibrant collection, available in five striking colors, is offered exclusively on Indiegogo for a limited time
- In June 2022, Mohawk Industries completed the acquisition of Grupo Industrial Saltillo's Vitromex ceramic tile business for USD 293M in cash. This acquisition is aimed at broadening Mohawk's customer base, improving manufacturing efficiency, and enhancing logistics in its Mexican operations
Frequently Asked Questions
The market is segmented based on Segmentation, By Product (Traditional and Advanced), Application (Sanitary Ware, Abrasives, Bricks and Pipes, Tiles, Pottery, and Others), End-Use (Building and Construction, Industrial, Medical, and Others) - Industry Trends and Forecast to 2031
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The Global Ceramics Market size was valued at USD 80.47 USD Billion in 2023.
The Global Ceramics Market is projected to grow at a CAGR of 6.72% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
