CONSTRUCTION CERAMICS MARKET ANALYSIS
Construction Ceramics Market - Size, Share, Trends, and Forecast 2019 - 2027
Ceramic materials are widely used in building and construction for various applications. Ceramics are inorganic materials made from metals and non-metals. Construction ceramics are categorized as high-performance ceramics that include silicon carbide, alumina, and silicon nitride; cementitious materials, including, high pressed cement, concrete warm pressed cement, and MDF cement; and glass ceramics, which include borosilicate glass and soda glass. However, the most common ceramic material used is alumina. Silicate ceramics have replaced cementitious, owing to their high elastic stiffness, high-temperature resistance, and improved durability. Ceramic materials are used in production of dinnerware, glass products, construction materials, electrical equipment, grinding materials, and heat-resistant materials.
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Market Outlook
Global construction ceramics market size is projected to expand significantly over the forecast period (2019-2027), owing to growing adoption of ceramic products in various industries. Ceramic products find major application in the building & construction industry. Concrete is one of the major components in construction industry and it is easily available. Concrete possesses excellent compressive strength, which can withstand heavy load and strong weather abrasion. This is expected to increase the demand for construction ceramics and thereby boost growth of the market over the forecast period. Moreover, growing technological advancements and mass production of ceramics are expected to lower the cost of construction ceramics and thereby boost market growth in the near future. Furthermore, ceramic products such as cement brick, flooring, roofing, glass, wall tiles, and sewer pipes have high demand around the world, which is expected to drive growth of the market during the forecast period. Moreover, growing population and increasing disposable income of individuals are expected to support growth of the market in the near future.
Increasing rehabilitation of buildings is expected to create a huge market for ceramic materials and excellent growth opportunities for global construction ceramics market.
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Market Regional Analysis
Asia Pacific is projected to lead the global construction ceramics market and is projected to gain major market share over the forecast period. This is owing to increasing population and growing construction industry in the region. Furthermore, growing construction and architectural industry in Europe is expected to fuel growth of the market in the region. In Europe, Russia is expected account for larger market share, owing to significant growth of construction industry.
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Market Players
Major players operating in the global construction ceramics market include Dong Peng Porcelain, Jyoti Ceramic Industries Ltd., Saint Gobain S.A., and Koch Chemical Technology Group, LLC.
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