Glass Ceramics Market, by Composition Type (Lithium-Aluminium-Silicate (LAS), Zinc-Aluminium-Silicon Oxides (ZAS), Magnesium-Aluminium-Silicon Oxides (MAS), and Others) and Application Type (Building & Construction, Electrical & Electronics, Healthcare, Aerospace, Optical, and Others) and Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, Israel, and Others]).
Glass Ceramics Market, by Composition Type (Lithium-Aluminium-Silicate (LAS), Zinc-Aluminium-Silicon Oxides (ZAS), Magnesium-Aluminium-Silicon Oxides (MAS), and Others) and Application Type (Building & Construction, Electrical & Electronics, Healthcare, Aerospace, Optical, and Others) and Region...
"The global glass ceramics market was estimated at US$ 1.3 billion in 2021 and is expected to grow at a CAGR of 5.5% during 2022-2028 to reach US$ 1.8 billion by 2028."
Glass ceramics are a type of advanced material that exhibits the properties of both glass and ceramics, making them ideal for a wide range of applications.
The glass ceramics market is a growing industry that is driven by increasing demand from various end-use sectors such as electronics, construction, healthcare, and automotive. The market for glass ceramics is expected to grow significantly in the coming years, driven by factors such as the increasing demand for advanced materials with superior properties, the growing use of glass ceramics in the healthcare industry, and the increasing demand for glass ceramics in the electronics industry.
The glass ceramics market is a growing industry that is expected to witness significant growth in the coming years, driven by increasing demand from various end-use sectors, new product development, and technological advancements.
The COVID-19 pandemic has had a significant impact on the global glass ceramics market, primarily due to disruptions in supply chains and reduced demand. Here are some specific ways in which COVID-19 has affected the glass ceramics market. The pandemic has resulted in reduced demand for glass ceramics products due to the economic downturn caused by lockdowns and restrictions. With many businesses closed and people staying at home, there has been a decrease in construction activities and overall demand for household goods and appliances that use glass ceramics.
Glass Ceramics Market Report Overview
Market Size in 2028
USD 1.8 billion
Market Size in 2021
USD 1.3 billion
CAGR (2022-2028)
5.5%
Base Year of Study
2021
Trend Period
2016-2020
Forecast Period
2022-2028
Key Players
Some of the key players in the glass ceramics market include:
The glass ceramics market is highly competitive, with numerous players operating in the market.The competitive landscape of the glass ceramics market is characterized by intense competition, with companies focusing on product innovation, technology advancements, and expansion of their market presence to gain a competitive edge. Many companies are also engaging in strategic collaborations and partnerships to expand their product portfolios and improve their market position.
Segment Analysis
Composition Insights
The market is segmented into Lithium-Aluminium-Silicate (LAS), Zinc-Aluminium-Silicon Oxides (ZAS), Magnesium-Aluminium-Silicon Oxides (MAS), and Others. The glass ceramics market can be segmented based on the composition of the materials used to produce the glass ceramics products. Here are the major segments in the glass ceramics market based on composition.
Application Insights
The market is segmented into Building & Construction, Electrical & Electronics, Healthcare, Aerospace, Optical, and Others. The glass ceramics market can also be segmented based on the application of the products. Glass ceramics are widely used in the building and construction industry for their properties of high strength, durability, and resistance to thermal shock.
Regional Trends
The glass ceramics market in Asia-Pacific is driven by the growing construction and electronics industries in countries such as China, Japan, and India. Asia-Pacific is expected to remain the fastest-growing market for glass ceramics and also register a highest CAGR of more than 7%.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the Glass Ceramics Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
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Glass ceramics are a type of advanced material that exhibit the properties of both glass and ceramics, making them ideal for a wide range of applications.
Some of the key players in the Glass Ceramics Market include AGC, CoorsTek Inc, Corning Inc, EuroKera, Ferro, Kanger Glass-ceramic Co., Ltd, Kedi Glass-Ceramic Industrial Co. Ltd, Kyocera Corporation, Morgan Advanced Materials plc, Nippon Electric Glass Co., Ltd, Ohara Corporation, Saint Gobain, Schott AG.
The market for glass ceramics is expected to grow significantly in the coming years, driven by factors such as the increasing demand for advanced materials with superior properties, the growing use of glass ceramics in the healthcare industry, and the increasing demand for glass ceramics in the electronics industry.
