Global Ceramics Market Overview
Global Ceramics Market demand would continue to accelerate on account of factors such as rapid urbanization, increasing construction activities for both residential and commercial spaces in urban areas along with the flourishing hospitality industry. Further, factors such as increasing demand for remodeling kitchens and bathrooms with modern attire, soaring demand from the tourism industry, rising disposable income, and improving living standards would accelerate the demand for the ceramic market during the forecast period. Nevertheless, in 2020, the sales of ceramic tiles are expected to drop in the first few months in every country owing to the outbreak of the coronavirus pandemic as the ceramics market has witnessed a shortage from the supply side in the first half of 2020. As far as the demand side is concerned, due to nationwide lockdowns, people would refrain from indulging in construction or remodeling work as these do not come under priority amid a lockdown.
According to 6Wresearch, the Global Ceramics market size is projected to witness substantial growth during 2020-26. Currently, the Asia-pacific region accounts for the highest revenue share in the overall global ceramics market. Further, China is the top contributor to the market revenues owing to rapid urbanization and rising industrialization on account of multi-trillion-dollar projects and technological advancements in the ceramics market. Additionally, the Asia-Pacific region is expected to emerge as a potentially lucrative market for ceramics tiles during the forecast period as well, primarily due to the skyrocketing construction activities and extensive demand for modern remodeling of houses. Further, the U.S. is among the top contributors to the overall market revenue due to rapid advanced technological growth in the industrial region.
Some of the key players operating in Global ceramics market are AGC Ceramics Co., Ltd., IMERYS Ceramics, Carbo Ceramics, Inc., 3M, Corning, and Kyocera Corporation.
Global ceramics market report thoroughly covers the market by Application, application, end-user, and regions including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa regions. Global ceramics industry outlook provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Reports:
- Global Ceramics Market Outlook
- Global Ceramics Market Overview
- Global Ceramics Market Trends
- Global Ceramics Market Forecast
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Drivers and Restraints
- Market Opportunity Assessment
- Global Ceramics Market Share, By Players
- Competitive Benchmarking
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Asia Pacific Ceramics Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Latin America Ceramics Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Europe Ceramics Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for the Middle East and Africa Ceramics Market
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