Ceramics Market to grow at a CAGR of 5.27% from 2020 to 2025| 17000+

NEW YORK, Nov. 11, 2021 /PRNewswire/ — Technavio’s latest offering, the Ceramics Market report provides a detailed analysis of the competitive scenario, drivers, challenges, and market growth across various regions. The ceramics market is estimated to grow by USD 64.52 billion from 2020 to 2025, growing at a CAGR of 5.72%.

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Market Dynamics

The market is driven by factors such as the increasing demand for lightweight & high-performance materials, and the increased use of ceramics in high-temperature applications. However, the high production cost is hindering the market growth.

Company Profiles

The ceramics market report includes information on the product launches, sustainability, and prospects of leading vendors including AGC Inc., Compagnie de Saint-Gobain SA, Corning Inc., Kyocera Corp., LIXIL Corp., Mohawk Industries Inc., R.A.K Ceramics PJSC, SCHOTT AG, Cooperativa Ceramica dImola Sc, and The Siam Cement Group Public Co. Ltd.

Some Companies Mentioned with key offerings

• AGC Inc. – The company offers products like ceramic beads, high thermal insulation ceramics walls, and others for ceramics.

• Compagnie de Saint-Gobain SA – The company offers ultra-conductive ceramic proppant for ceramics.

• Corning Inc. – The company offers ceramics products under the brand name ZirPro.

Competitive Analysis

The competitive scenario provided in the ceramics market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

• By End-user, the market is classified into Housing and Construction, Industrial, Medical, and Others. The ceramics market share growth by the housing and construction segment will be significant.

• By Geography, the market is classified as APAC, Europe, South America, MEA, and North America. APAC will have the largest share of the market.

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Medical Ceramics Market –The medical ceramics market share is expected to increase by USD 4.69 billion from 2021 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5.10%. Download a free sample now!

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Advanced Ceramics Market –The advanced ceramics market value is projected to grow by $ 2.90 bn at a CAGR of 5% during 2021-2025. Download a free sample now!