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Glass Ceramics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Material (Lithium, Magnesium, and Zinc), Application (Building and Construction, Electrical, & Electronics, Healthcare, Aerospace, Optical, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa).

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Market Snapshot

glass ceramics market
Study Period:

2016 - 2026

Base Year:

2020

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

CAGR:

>6 %

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Market Overview

The market for glass ceramics is anticipated to register a CAGR over 6% during the forecast period. Increasing demand from building and construction is driving the market of glass ceramics globally.

  • Building & construction sector is expected to remain the largest application base for glass ceramics over the forecast period.
  • Increasing adoption of ceramics in electronics manufacturing processes is projected to act as an opportunity for the market in future.

Scope of the Report

The glass ceramics market report includes:

Material
Lithium
Magnasium
Zinc
Application
Building and Construction
Electrical & Electronics
Healthcare
Aerospace
Optical
Others
Geography
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United states
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
United Arab Emirates
Saudi Arabia
Rest of Middle East & Africa

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Key Market Trends

Growing Demand from Building and Construction

  • The building and construction sector accounted for the largest share among all the applications, in terms of revenue. Glass Ceramics are primarily used in building and construction for tiles and other fittings.
  • The global construction sector is growing rapidly owing to the growth in living standards, population, and urbanization in major developing countries globally.
  • The building and construction sector of India is expected to experience the growth at an exceptional CAGR of 15.2% in the period of 2015-2028.
  • In various applications, conventional materials are being replaced by glass ceramics owing to their superior technical properties such as heat resistance, light-weightiness, and low cost.
  • All the aforementioned factors are expected to support the growth of the building and construction sector in the near future. This, in-turn expected to drive the demand for the glass ceramics during the forecast period.
Glass Ceramics Market Revenue Share

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Asia-Pacific to Dominate the Market

  • Asia-Pacific region dominated the global market share with the growing demand for building and construction, growing aerospace manufacturing industry and manufacturing operations.
  • The growing usage in major developing nations such as India, China, and Indonesia are fueling the demand for glass ceramics in the Asia-Pacific region.
  • China’s massive construction sector has generated significant demand for the use of ceramic inks. The Chinese government has projected the capital expenditure in construction over 7% higher than the previous year.
  • China is the largest market and is also experiencing significant growth in the construction sector. The major construction projects such as the Beijing International Airport of China.
  • The Indian government has a vision of making houses for all by 2022. To construct more affordable flats and housing for all, the glass-ceramic is extensively used.  
  • Hence, with the increasing demand from the various application segments, the glass-ceramics market is expected to grow at a higher rate in the region, during the forecast period.
Glass Ceramics Market Regional Trends

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Competitive Landscape

The glass ceramics market is partially fragmented. The major companies include Saint Gobain, Nippon Electric Glass Co.,Ltd., Kedi Glass-Ceramic Industrial Co. Ltd., Corning Inc. and Schott AG, among others.

glass ceramics market

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Usage in Aerospace Application

      2. 4.1.2 Increasing Demand from Building and Construction

    2. 4.2 Restraints

    3. 4.3 Value Chain / Supply Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Material

      1. 5.1.1 Lithium

      2. 5.1.2 Magnasium

      3. 5.1.3 Zinc

    2. 5.2 Application

      1. 5.2.1 Building and Construction

      2. 5.2.2 Electrical & Electronics

      3. 5.2.3 Healthcare

      4. 5.2.4 Aerospace

      5. 5.2.5 Optical

      6. 5.2.6 Others

    3. 5.3 Geography

      1. 5.3.1 Asia Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United states

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 France

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 United Arab Emirates

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 AGC Inc.

      2. 6.4.2 CoorsTek Inc.

      3. 6.4.3 Corning Incorporated

      4. 6.4.4 Dongguan Hongtai Glass Co., Ltd.

      5. 6.4.5 Jingniu Glass Ceramics Group Co.,Ltd.

      6. 6.4.6 Kanger Glass-ceramic Co., Ltd.

      7. 6.4.7 KEDI Glass-ceramic Industrial Co., Ltd.

      8. 6.4.8 Morgan Advanced Materials plc

      9. 6.4.9 Nippon Electric Glass Co.,Ltd.

      10. 6.4.10 Ohara Corporation

      11. 6.4.11 Saint-Gobain

      12. 6.4.12 SCHOTT AG

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Increasing Adoption of Ceramics in Electronics Manufacturing Process

**Subject to Availability

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Frequently Asked Questions

The Glass Ceramics Market market is studied from 2016 - 2026.

The Glass Ceramics Market is growing at a CAGR of >6% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

  • Saint Gobain
  • Nippon Electric Glass Co.,Ltd.
  • Kedi Glass-Ceramic Industrial Co. Ltd.
  • SCHOTT AG
  • Corning Inc.

Are the major companies operating in Glass Ceramics Market.

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