Ceramics Market Size, Share, Growth Analysis, By Product (Traditional, Advanced), By Application (Sanitary Ware, Abrasive), By End Use (Building & Construction, Industrial), By Region - Industry Forecast 2024-2031

Ceramics Market Drivers

Rising Building and Construction Industry Demand Drives Ceramics Market Expansion

• The product is primarily used in the building and construction industry to manufacture tiles, bricks and pipes, and sanitary wares. Because of their toughness, electrical resistance, and chemical inertness, they are the most preferred material. Ceramic tiles are regarded as an important component of home interior design and furnishing. These tiles are preferred for interior and exterior home decoration and are used in bathroom and kitchen fittings. Furthermore, this material is being used in the construction of schools, corporate offices, malls, and shops. In 2016, global tile production reached 14 billion square meters. Ceramics market growth will be driven by rising demand from various applications in the building and construction industry.

Ceramics Market Restraint

High Cost of Advanced Ceramics to Limit Growth

• The high cost of advanced products has limited their use in a variety of industries. This high price is due to the cost of their research and development, manufacturing processes, and use of superior stones. Raw material processing, sintering, and diamond grinding all require high-end machinery, which raises the cost of the product and leads to an increase in price. Furthermore, advanced ceramics have higher abrasion and electrical resistance than their counterparts, such as metals and alloys, which raises their price. Furthermore, the demand for customized products from end users raises the cost of these materials and impedes their market adoption.