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

Global Ceramics Market size was valued at USD 235.69 billion in 2022 and is poised to grow from USD 248.89 billion in 2023 to USD 384.87 billion by 2031, growing at a CAGR of 5.6 % during the forecast period (2024-2031).

Rising investments in the residential and commercial sectors are propelling demand for ceramic-based products such as sanitary ware and tiles in the global ceramics market. Furthermore, the product is seeing widespread use in the medical industry for the fabrication of bioimplants. Growing medical technology advancements, as well as an increase in the number of orthopaedic and dental patients, are increasing the global demand for ceramic implants. Ceramic is a non-metallic and inorganic material that hardens over time when heated to a high temperature. Ceramics are made using various clay combinations to create the desired mould shape. Ceramics are classified as traditional or advanced. Traditional ceramics are made from natural materials like clay, quartz, or feldspar. In advanced ceramics, synthetic powders of silicon carbide, aluminium oxide, and silicon nitride are used. The structure of traditional ceramics is determined by the clay composition, whereas chemical compounds used to produce advanced ceramics can be altered.

US Ceramics Market is poised to grow at a sustainable CAGR for the next forecast year.