Global Ceramics Market: Snapshot
The ceramics market has been evolving on the back of technological advancements in fabrication processes. End use industries have been harnessing an array of specific surface characteristics of these inorganic solid compounds. Among the various properties, the combination of high materials strength and brittleness has been harnessed in several applications. The applications are expanding in the food and beverages, and in the making of high-performance materials for tiles and sanitary ware. Evolving field of ceramography is also helping the evolution of the ceramic market.
Continuous advances made in material sciences have nudged manufacturers uncover novel technological applications of ceramics by modifying their structural and thermostructural properties. Nanotechnology has led to an extensive utilization of ceramics in making of tiles with longer shelf-life. Recently emerging application avenue has made ceramics applications synonymous with advanced ceramics. Some of the key ceramic materials are alumina, boron nitride, silicon nitride, and silicon carbide.
Get a glimpse of the in-depth analysis through our Report Brochure
Global Ceramics Market: Notable Developments
Ceramics have been utilized extensively in automotive parts, electronics, and optic components as they are mechanically strong. However, the brittle nature of ceramics makes them easily prone to fracture. Researchers from Purdue University have been found out a way to overcome this, and further make ceramics more ductile. The details of the study were published in the journal Science Advances. The researchers applied electric field to the formation of ceramics. They concluded that when electric field is applied in addition to the sinister process, ceramics can be easily reshaped as metal, and can deform plastically even at room temperature.
This study, according to researchers, bodes great significance. Such research pave way for new ceramic materials that can be used in high-pressure and high-temperature applications without relenting to fracture failures. Key applications could be in the defense industry, automobile manufacturing, and in making of nuclear reactor components. Further, increasing the plasticity of ceramics will make them suitable candidates for use in sustainable energy devices.
Some of the companies that hold stronghold in the ceramics market are:
- Mohawk Industries
- Thermal Ceramics UK
- Du-Co Ceramics Company
- Saint Gobain
- AGC Inc.
Global Ceramics Market: Growth Dynamics
The applications of ceramics are expanding on the back of rapid advances in 3D printing and nanotechnology fabrication techniques. This has also helped manufacturers meet the need for tailored-made among key end-use industries. The versatility of ceramic materials is one of the aspects to the steadily evolving ceramic market. Deployment of sophisticated methods has enabled manufacturers in the ceramic materials develop advanced materials with unique ferroelectric, piezoelectric, and magnetic properties.
Growing potential of ceramics to be used in the construction and building industry is opening new avenues in the market. The pursuit of novel materials to be used in food contact applications is seeing a new direction with the advent of new ceramics. Copious utilization of ceramics in dental materials, especially in the U.S., is boosting the ceramics market. They have been extensively used in making crowns and implants. Burgeoning demands of dental materials in the healthcare industry in developing economies is also boosting the ceramics market.
Looking for Regional Analysis or Competitive Landscape in Ceramics Market, ask for a customized report
Global Ceramics Market: Regional Analysis
Among the various regions in the ceramics market, Asia Pacific is witnessing extensive demands for various ceramics materials. The regional market has seen the vast utilization of ceramics in tile making in China and other emerging economies. North America is also a promising market. The growth is propelled by rapid advances in nanotechnology and 3D printing, especially in the U.S. Europe is another prominent market and has been presenting lucrative avenues.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.