Ceramics Market

Global Ceramics Market Outlook

The global ceramics market is estimated at USD 118.9 Billion in 2022 and is forecast to surpass USD 218.1 Billion by 2032, growing at a CAGR of 6.2% from 2022 to 2032.

Report Attributes	Details
Base Year Value (2021A)	USD 112.5 Billion
Estimated Year Value (2022E)	USD 118.9 Billion
Projected Year Value (2032F)	USD 218.1 Billion
Global Growth Rate (2022-2032)	CAGR 6.2%
Europe Market Share in 2021	~37%
Europe Growth Rate (2022-2032)	CAGR ~6.5%
Collective Value Share (Germany, China, India) 2022: Top 3 Countries	~45%
Top 5 Companies Market Share in 2021	~28%
Key Companies Profiled	Kyocera Corporation Saint Gobain Corning Inc. Morgan Advanced Materials Applied Ceramics Inc. Materion Corporation The 3M Company Dow DuPont McDanel Advanced Ceramic Technologies Momentive Performance Materials Inc. Other Market Players

The global ceramics market is likely to create an absolute dollar opportunity of USD 99.1 Billion by the end of 2032. The global ceramics market holds ~30% of the global inorganic non-metallic materials market.

2017-2021 Global Ceramics Market Outlook in Comparison to 2022-2032 Growth Forecast

Ceramics are widely used in the construction industry that is growing at a steady pace all over the world, specifically in developing regions. The demand for construction in the housing as well as commercial sector is increasing because of growing economies, urbanization, per capita income, and spending, GDP growth, population expansion.

In addition, the fulfillment of the demand for better aesthetic design, and structural reliability and sustainability of buildings without a significant increase in prices has been achieved due to the effective use of ceramics. Sustained demand for ceramics from the construction sector will continue to remain a key driving force for the ceramics market across the globe.

Fact.MR projects the ceramics market is expected to witness exhibiting growth at 6.2% CAGR during 2022 and 2032 in comparison to a CAGR of 4.3% with which it grew from 2017 and 2021.

Availability of Abundant Raw Material to Support Market Demand

The primary raw material in the production of ceramics is clay that consists of many minerals, with silica being the primary one. Clay and silica are obtained through external or natural sources, as well as through internal sources. Internal sources include recycling waste tiles and waste produced during the manufacture of ceramic tiles. Thus, the raw material for production is available in abundant quantities, which enhances the production of ceramics.

Clay is found in three raw forms: bentonite, fuller’s earth, and kaolin. The increase in clay production indicates an increased demand for clay across various purposes – of which ceramics and construction are the primary ones. Hence, the availability of clay in abundant quantities drives the ceramics market globally.

Technological Innovations in Ceramic Tile Manufacturing

New technological innovation in the manufacturing of ceramics has given them a better aesthetic appeal and physical properties, at decreased costs. New technologies such as inkjet technology, Nano-digital printing, Nano-pix technology, roto drum technology, multi-screen technology, and many others have revolutionized the construction industry and enhanced the overall decorative quotient of buildings.

These technologies have helped tiles to replicate the look and feel of wood, glass, metal, and stone, which has increased the demand for ceramics for designing building interiors and exteriors.

Demand for Advanced Ceramics in Multi-Staged Semiconductor Manufacturing Processes

Advanced ceramics have become indispensable in the broader electronics industry on account of their diverse and integral contributions in terms of performance. Use of advanced ceramics in multiple phases of the semiconductor manufacturing process has become highly evident, ranging from silicon wafer processing to back-end packaging. Critical ceramic components and devices support the broader functionality of new-age electronics, which in turn makes them one of the fundamental essentials in manufacturing of semiconductor devices.

The role of ceramics in the form of packaging materials, substrates, and other support functions in the semiconductor space continues to be highly favored, on the back of unparalleled protection and reliability offered. Functionalities as such offered by ceramics are nonetheless critical, enabling technologies in the semiconductor manufacturing space.

Notable Advances in Research and Development of Advanced Ceramics Complements Adoption

Persistent advances in research and development framework are expanding the application possibilities for advanced ceramics, thereby working in favor of the manufacturers. One such significant advances include improvements in the fracture toughness, primarily for structural ceramics. Unlike the conventional ceramics with low strength, the new-age advanced ceramics are making headway with unparalleled strength and robustness.

Several new technologies have been introduced to the fore over the recent years that are aimed at enhancing the efficiency of advanced ceramics, such as fiber reinforcement and incorporation of extra duct binders, influencing year-on-year growth of the global market. Several research studies point to the excellence of advanced ceramics in terms of consistency amid severe conditions, including transport, energy and environment, wear-related applications, and electronic applications.

Manufacturers Meeting High Performance Demands

Rising popularity of advanced ceramics is being perceived as the key factor propelling ceramics market growth. To achieve attributes, such as bacteria and dirt resistance, manufacturers are leveraging advanced technologies, including nanotechnology, in manufacturing of high-strength and high-shelf life tiles and other ceramic flooring components, which typically witness high traction in industrial environments.

While companies are concentrating on new launches in the advanced, high-performance ceramic components category, electro mobility (electric vehicles) has been identified as their new target area of application. Surpassing the attributes of traditional materials, such as plastics and metals, advanced ceramics deliver excellent thermal conductivity, electrical insulation, and mechanical strength.

Competitive Landscape: Top Companies in Ceramics Market

The global ceramics market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the growth of ceramics.

Fact.MR has provided detailed information about price points of key manufacturers in ceramics market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

• CeramTec in 2021 developed a new 3D printing process to produce construction elements from technical ceramics material. It is a cost-effective and a fast 3D printing process
• Kyocera Corporation in 2019 announced the acquisition of ceramic business of Friatec GmbH. This acquisition has provided the company a ceramic manufacturing unit in Europe and to meet rising demand for the components in industrial machinery

Global Ceramics Market by Category

• By Product Type, Global Ceramics Market is segmented as:

  • Traditional
  • Advanced

• By Application, Global Ceramics Market is segmented as:

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

• By End-Use, Global Ceramics Market is segmented as:

  • Building & Construction
  • Industrial
  • Medical
  • Others

• By Region, Global Ceramics Market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA