Global Ceramics Market – Industry Trends and Forecast to 2029

Global Ceramics Market, By Product (Traditional, Advanced), Application (Sanitary Ware, Abrasives, Bricks and Pipes, Tiles, Pottery, Others), End-Use (Building and Construction, Industrial, Medical, Others) – Industry Trends and Forecast to 2029

Market Analysis and Size

Ceramics is an ancient industry that dates back thousands of years. Since then, the ceramic industry has undergone significant change. Not only have traditional ceramics become ubiquitous, but new products have been developed over the years to take advantage of these materials' unique properties. For instance, Purdue University researchers used an electric field to create ceramics, and concluded that when an electric field is added to the sinister process, ceramics can be reshaped as easily as metal and can deform plastically even at room temperature. This further paved the way for developing new ceramic materials that can be used in high-pressure and high-temperature applications without succumbing to fracture failures. As a result, the constant research and development are anticipated to boost the market growth.

Global Ceramics Market was valued at USD 70.66 billion in 2021 and is expected to reach USD 118.9 billion by 2029, registering a CAGR of 6.72% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Report Scope and Market Segmentation

Market Definition

Ceramics are nonmetallic inorganic materials that are hard and brittle in nature. These clear-like materials are formed into various shapes for various purposes, including earthenware, porcelain, and others. Ceramics are extremely malleable and ductile and thermally and chemically stable. Most ceramic materials are good electrical insulators; however, superconductive ceramics and piezoelectric ceramics are exceptions. These materials have a wide range of applications in various end-user industries such as construction and health care.

Ceramics Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increased Demand for the Advanced Ceramics

The advanced ceramics outperform other materials in terms of corrosion resistance (such as aluminum and steel), resulting in lower maintenance and other costs for aircraft, automobiles, and armors. As a result, these ceramics are appealing to a wide range of end-user industries, including aerospace, energy and power, automotive, electronics, and military and defense. Thermal expansion is a common defect that occurs in various energy and power, aircraft, defense and automotive components due to high temperatures and varying environments, resulting in component breakage. When placed in the same environmental conditions as other conventional alloys and metals, advanced ceramics have much lower thermal expansion. This factor has influenced the use of these ceramics in various end-use industries.

Furthermore, the growing urbanization and the rapid economic growth will further propel the growth rate of ceramics market. Additionally, the rising infrastructure spending will also drive market value growth. The expansion of the automotive as well as the other end use industries is projected to bolster the growth of the market.

Opportunities

• Nanotechnology and Other Advancements

Furthermore, nanotechnology has resulted in the widespread use of ceramics in the production of tiles with a longer shelf-life, extending profitable opportunities to market participants from 2022 to 2029. Additionally, the various continuous advances in material sciences have pushed manufacturers to discover novel technological applications of ceramics by modifying their structural and thermostructural properties, which will fuel the ceramics market's future growth.

Restraints/Challenges

• High Costs of Ceramics

The high cost of ceramics as well as the advanced ceramics has been a source of concern for many industries. The costs of ceramic fibers largely determine the prices of these ceramics. On the other hand, alumina and silicon carbide fiber production remains very low. These fibers are primarily used as composites in a variety of end-user industries, including aerospace, medical, military and defense and marine. The slower production of ceramic fibers raises silicon carbide prices, limiting the growth of the advanced ceramics market. Another factor contributing to the higher prices of these ceramics is matrix generation, matrix generation necessitates expensive batch processes at high temperatures under controlled conditions.

• Lesser Acceptance of Ceramics

The major threat within the market is a lack of customer awareness and confidence regarding the ceramic materials, which causes lesser adoption of these ceramics. Moreover, due to their high cost, these ceramics are unsuitable for such low-cost applications, which further causes lesser acceptance of ceramics amongst the population. As a result, the lesser acceptance of ceramics will challenge the ceramics market growth rate.

This ceramics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ceramics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Ceramics Market

The recent outbreak of coronavirus had a significant impact on the ceramics market. Most manufacturing facilities were severely impacted as a result of national lockdowns in various countries. As a result, market demand for ceramics has decreased. The construction industry has suffered greatly since the outbreak of the pandemic. The electrical and electronics industry has halted manufacturing and fabrication facilities for electronic parts and components due to a lack of raw materials, a slowdown in logistics, and a reduction in workforce. As a result, demand for ceramics in the construction sector is declining, weighing on the market’s growth.

During the pandemic, however, medical devices such as ventilators, thermal scanners, patient care systems, and related equipment will grow at a faster rate than others. Ventilators are critical tools in the fight against the COVID-19, which necessitates a faster supply of raw materials like plastics, adhesives, elastomers, and proper and timely logistical support and regulatory approvals. The diagnostic instruments and devices, such as thermal scanners, which are used to diagnose and monitor medical conditions, are also in high demand due to their importance in determining disease onset.

Therefore, the market was significantly affected by the pandemic during the COVID-19. However, the market is estimated to witness accelerated growth post COVID-19 due to lesser travel restrictions and the continuation of various manufacturing and supply operations, which will aid the market to expand post COVID.

Recent Development

• In November 2020, XJet was used by Syqe Medical to manufacture high-precision, heat-resistant ceramic parts for the medical industry. Syqe Medical has an XJet Carmel 1400 additive manufacturing system, which aids in the production of ceramic parts via inkjet printing with NPJ Technology. The XJet Carmel 1400 AM system, which uses the company's patented NanoParticle Jetting technology, makes it possible to produce ceramic parts with the ease and versatility of inkjet printing. The Carmel system produces ceramic parts with superfine details, smooth surfaces, and high accuracy using ultrafine layers that are preserved by using soluble support material that simply washes away.

Global Ceramics Market Scope

The ceramics market is segmented on the basis of product, application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Traditional
• Advanced

Application

• Sanitary Ware
• Abrasives
• Bricks and Pipes
• Tiles
• Pottery
• Others

End-Use

• Building and Construction
• Industrial
• Medical
• Others

Ceramics Market Regional Analysis/Insights

The ceramics market is analyzed and market size insights and trends are provided by country, type, form and application as referenced above.

The countries covered in the ceramics market report are 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, Israel, Egypt, South Africa, 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.

Asia-Pacific dominates the ceramics market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the rollout of 5G technology and innovations in medical electronics. Moreover, the rising population, urbanization and supportive government regulations, India and China are expected to be the region's fastest-growing markets during the forecast period.

North America is estimated to show lucrative growth over the forecast period of 2022-2029, due to the advancement in 3D printing technology in the U.S. Increasing construction and renovation activities in the region, combined with a shift toward ceramic tile production, are expected to boost growth over the forecast period.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Ceramics Market Share Analysis

The ceramics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ceramics market.

Some of the major players operating in the ceramics market are

• Dupont (U.S.)
• 3M (U.S.)
• SOLVAY (Belgium)
• Kajaria Ceramics Limited (India)
• AGC Ceramics Co., Ltd. (Japan)
• Halocarbon, LLC (U.S.)
• The Chemours Company (U.S.)
• Rogers Corporation (U.S.)
• LINTEC Corporation (Japan)
• NITTO DENKO CORPORATION (Japan)
• Kyocera Corporation (Japan)
• CeramTec GmbH (U.S.)
• CoorsTek Inc., (U.S.)
• Saint-Gobain (U.S.)
• Morgan Advanced Materials (UK)
• McDanel Advanced Ceramic Technologies (U.S.)
• Momentive (U.S.)
• RAK Ceramics (UAE)
• Mohawk Industries, Inc (U.S.)
• Morgan Advanced Materials (UK)
• Unifrax (U.S.)