Ceramics Market Analysis Report By Product, By Application, By End-Use, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global ceramics market size was worth USD 229.13 billion in 2018. The market is projected to grow at a CAGR of 8.6% over the forecast duration. Factors such as rising construction and increasing government spending on infrastructure are attributing to the growth of the market.

The government of India planned to develop over 100 smart cities by 2020 in order to develop economic, public, and social infrastructure. Such initiatives are anticipated to increase the demand for bathroom fitting, tiles, and sanitary ware in India, thereby, anticipated accelerating the growth of the market in the next few years.

The ceramics market in the U.S is projected to grow owing to the rising investment in oral healthcare. Various oral care solutions such as dental crowns, bridges, and implants require ceramics materials. The dental expenditure has increased from USD 84.56 billion in 2000 to over USD 129 billion in 2017 as per the reports of the American Dental Association published in 2017. Thus, increasing investment in dental care is likely to supplement the demand for ceramics materials in the future.

Various technical advancements such as nanotechnology and 3D printing are anticipated to provide a lucrative opportunity to the industry players. Nanotechnology has considerably affected the manufacturing of floor tiles by providing resistance against dirt and bacteria. Growing demand for tiles from hospitals, processing plants, and laboratories is expected to proliferate the market growth over the forecast period.

3D printing, alternatively known as additive manufacturing is a new technology being used in the market. Various advanced products such as zirconium, alumina, and hydroxyapatite are puts into printers to create the final product. Material such as alumina and zirconium are projected to be leading in ceramic 3D printing material over the next few years.

Product Insights

Among traditional products, clay, feldspar, silica, and others are anticipated to be in demand from 2019 to 2025. These products are widely used in the manufacturing of tiles. Consistent growth in the tiles industry is projected to propel market growth in the near future. In 2018, e Association of Italian Manufacturers of Machinery and Equipment for Ceramics (ACIMAC) released the data showing that overall tiles’ production has increased to 14,256.7 million square meters in 2018 against 8,611 million square meters in 2008.

On the other hand, the advanced category is anticipated to register the highest CAGR of 9.1% over the forecast duration. Further, high-density alumina is being used to reconstruct arthritic joints or fractured joints, thereby, augmenting the market growth.

Electronic devices are another major area of application. Various parts such as sensors, capacitors, and filters are made using ceramic components. In 2017, almost 1.5 billion smartphones were purchased across the globe ad this number is estimated to reach 1.68 billion by the end of 2022. Thus, growing sales of ceramic are likely to affect positively the market growth over the forecast period.

Application Insights

Based on application, the tiles segment is projected to lead the global ceramics market from 2019 to 2025. The segment held 50.8% of the market share by revenue in 2018. The Asia Pacific produced almost 72% of the total tiles produced in the world as per the 2018 report of World Ceramic Review.

Two major economies India and China together account for 57% of the total tile production. The government of India is aiming to build houses for all by the end of 2022. Such initiatives are anticipated to drive market growth in the near future.

Further, growing sanitary ware manufacturing is positively affecting the market growth. In 2018, Asia Pacific dominated sanitary ware production with almost 51% of the world’s total production.

India is the major country that accounted for the significant growth for sanitary ware in the recent past. This demand was bolstered by the Swachh Bharat scheme that aimed at making India defecation free by 2019.  The government of India constructed almost 90 million toilets as of January 2019 in the country. Thus, such initiatives are likely to augment the growth of the market over the next few years.

End-use Insights

In 2018, building and construction held almost 41.4% of the market share. The introduction of various housing projects and rapidly increasing infrastructural development are leading to a rise in demand for ceramics in the construction sector.

However, the ongoing trade war among major economies is adversely affecting China’s economy that can leave the investors reluctant and impede the market growth. Despite this, growing commercial projects in countries such as India, Singapore, Indonesia, and Thailand provide a growth avenue for the manufacturers. Consistently growing rent in major cities is also expected to positively attribute to market growth. For example, an Indian city Bengaluru registered 7.4% of the growth in rent in 2018.

The growing medical sector is also attributing to the growth of the market. Ceramics are used in various applications in the dental industry such as crowns, bridges, and implants. It is expected that the global dental market will grow at a CAGR of 5.5% from 2017 to 2021.

Regional Insights

In 2018, Asia Pacific held 39.6% of the market share and emerged as a leading region. China will continue to remain a major producer and consumer in the region. As per the World Ceramics Review, China witnessed a growth of 6.9% from 2012 to 2018.

North America was the second-largest market after the Asia Pacific in 2018. Advancement in 3D printing technology in the U.S is the primary factor attributing to the regional growth. On the other hand, Europe held 21.1% of the market share in 2018. The region is projected to ascend moderately over the forecast duration. As reported by the Association of Italian Manufacturers of Machinery and Equipment (ACIMAC), tiles production increased by almost 5.8% in 2017 as compared to the previous year in the region.

Ceramics Market Share Insights

Key players operating in the market are Imerys Ceramics, Corning, Carbo Ceramics, Inc., AGC Ceramics Co., Ltd, and 3M among others. These companies are increasingly focusing on countries such as Brazil, India, Thailand, and Vietnam with an aim to strengthen their market position.

Major players are also emphasizing acquisition to expand their geographical presence. For example, Kyocera Corporation acquired German ceramic company H.C. Starck Ceramics GmbH in April 2019.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Million Insights has segmented the ceramics market report based on product, application, end-use, and region:

• Product Outlook (Revenue, USD Million, 2014 - 2025)
    • Traditional
    • Advanced

• Application Outlook (Revenue, USD Million, 2014 - 2025)
    • Sanitary Ware
    • Abrasives
    • Bricks and Pipes
    • Tiles
    • Pottery
    • Others

• End-Use Outlook (Revenue, USD Million, 2014 - 2025)
    • Building & Construction
    • Industrial
    • Medical
    • Others

• Regional Outlook (Revenue, USD Million, 2014 - 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • UK
    • the Asia Pacific
        • China
        • India
    • Central and South America
        • Brazil
    • Middle East & Africa
        • Saudi Arabia