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PUBLISHER: IMARC | PRODUCT CODE: 1225374
PUBLISHER: IMARC | PRODUCT CODE: 1225374
Glass Ceramics Market by Composition (Lithium-Aluminium-Silicate, Zinc-Aluminium-Silicon Oxides, Magnesium-Aluminium-Silicon Oxides, and Others), Application, and Region 2023-2028
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Market Overview:
- The global glass ceramics market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.73% during 2023-2028. The escalating product demand in the building and construction industry, considerable growth in the semiconductors industry, and the increasing sales of glass-ceramics-based kitchen appliances represent some of the key factors driving the market.
- Glass ceramics refer to materials composed of fine-grained polycrystalline materials formed by heat-treating glasses to a lower energy, crystallized state. Combining glass and polycrystalline ceramics, these materials are fabricated from polycrystalline materials that have fine microstructures through the crystallization of glass. These ceramics are formed by partially crystallized glasses with distinct crystalline and amorphous phases, and they are almost non-expansive over a considerable temperature range, while also reducing noise. In addition to exhibiting properties, such as abrasion resistance and high mechanical strength, glass ceramics can withstand harsh conditions, such as erosion, rain, and wind. In addition to their high strength, zero porosity and transparency, glass ceramics are chemically inert, making them highly thermally stable. Compared to their conventional counterparts, glass ceramics are robust and transfer heat more efficiently.
Glass Ceramics Market Trends:
- The escalating demand for glass ceramics in the building and construction industry is a significant factor for the market growth. This can be attributed to the considerable expansion of construction activities across the globe. In line with this, the growing adoption of glass ceramics in the manufacturing of semiconductor appliances is also providing an impetus to the market. Besides this, rapid product utilization in the production of antennas for mobiles and Wi-Fi applications is also resulting in a higher product uptake. Moreover, the augmenting demand for glass ceramics in numerous orthopedic applications, such as spinal restoration in intervertebral spaces, is also creating a positive outlook for the market. The market is further propelled by considerable growth in the aerospace and defense industry resulting in an increased requirement for high-end aircraft and missiles. Apart from this, a significant rise in the sales of glass-ceramics-based cooktops, stoves, bakeware, microwave and fireplace doors is creating lucrative opportunities in the market on the global level. Extensive research and development (R&D) activities conducted by the key players focusing on advanced bioactive glass ceramics for bone and musculoskeletal tissue engineering and ongoing clinical trials in the medical industry are further fueling the market. Some of the other factors contributing to the market include rapid urbanization and industrialization, inflating disposable income levels, and continual product innovations.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each segment of the global glass ceramics market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on composition and application.
Composition Insights:
- Lithium-Aluminium-Silicate (LAS)
- Zinc-Aluminium-Silicon Oxides (ZAS)
- Magnesium-Aluminium-Silicon Oxides (MAS)
- Others
- The report has provided a detailed breakup and analysis of the glass ceramics market based on the composition. This includes lithium-aluminium-silicate (LAS), zinc-aluminium-silicon oxides (ZAS), magnesium-aluminium-silicon oxides (MAS), and others. According to the report, lithium-aluminium-silicate (LAS) represented the largest segment.
Application Insights:
- Building and Construction
- Electrical and Electronics
- Healthcare
- Aerospace
- Optical
- Others
- A detailed breakup and analysis of the glass ceramics market based on the application has also been provided in the report. This includes building and construction, electrical and electronics, healthcare, aerospace, optical, and others. According to the report, building and construction accounted for the largest market share.
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for glass ceramics. Some of the factors driving the Asia Pacific glass ceramics market include rapid urbanization, presence of several key players, considerable growth in the aerospace and defense industry, etc.
Competitive Landscape:
- The report has also provided a comprehensive analysis of the competitive landscape in the global glass ceramics market. Detailed profiles of all major companies have also been provided. Some of the companies covered include AGC Inc., CoorsTek Inc., Corning Incorporated, Kyocera Corporation, Morgan Advanced Materials plc, Nippon Electric Glass Co. Ltd., Ohara Corporation, Schott AG, Wenzhou Kanger Crystallite Utensils Co. Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global glass ceramics market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global glass ceramics market?
- What are the key regional markets?
- Which countries represent the most attractive glass ceramics markets?
- What is the breakup of the market based on the composition?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global glass ceramics market?
- Who are the key players/companies in the global glass ceramics market?
Product Code: SR1423A215_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Glass Ceramics Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Composition
- 6.1 Lithium-Aluminium-Silicate (LAS)
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Zinc-Aluminium-Silicon Oxides (ZAS)
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Magnesium-Aluminium-Silicon Oxides (MAS)
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Application
- 7.1 Building and Construction
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Electrical and Electronics
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Healthcare
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Aerospace
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Optical
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 AGC Inc.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 CoorsTek Inc.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Corning Incorporated
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Kyocera Corporation
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Morgan Advanced Materials plc
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.6 Nippon Electric Glass Co. Ltd.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.7 Ohara Corporation
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Schott AG
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 SWOT Analysis
- 13.3.9 Wenzhou Kanger Crystallite Utensils Co. Ltd.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.1 AGC Inc.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Product Code: SR1423A215_Report
List of Figures
- Figure 1: Global: Glass Ceramics Market: Major Drivers and Challenges
- Figure 2: Global: Glass Ceramics Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Glass Ceramics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Glass Ceramics Market: Breakup by Composition (in %), 2022
- Figure 5: Global: Glass Ceramics Market: Breakup by Application (in %), 2022
- Figure 6: Global: Glass Ceramics Market: Breakup by Region (in %), 2022
- Figure 7: Global: Glass Ceramics (Lithium-Aluminium-Silicate (LAS)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Glass Ceramics (Lithium-Aluminium-Silicate (LAS)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Glass Ceramics (Zinc-Aluminium-Silicon Oxides (ZAS)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Glass Ceramics (Zinc-Aluminium-Silicon Oxides (ZAS)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Glass Ceramics (Magnesium-Aluminium-Silicon Oxides (MAS)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Glass Ceramics (Magnesium-Aluminium-Silicon Oxides (MAS)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Glass Ceramics (Other Compositions) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Glass Ceramics (Other Compositions) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Glass Ceramics (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Glass Ceramics (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Glass Ceramics (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Glass Ceramics (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Glass Ceramics (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Glass Ceramics (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Glass Ceramics (Aerospace) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Glass Ceramics (Aerospace) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Glass Ceramics (Optical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Glass Ceramics (Optical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Glass Ceramics (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Glass Ceramics (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: North America: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: North America: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: United States: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: United States: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Canada: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Canada: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Asia-Pacific: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Asia-Pacific: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: China: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: China: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Japan: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Japan: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: India: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: India: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: South Korea: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: South Korea: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Australia: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Australia: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Indonesia: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Indonesia: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Others: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Others: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Europe: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Europe: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Germany: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Germany: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: France: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: France: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: United Kingdom: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: United Kingdom: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Italy: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Italy: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Spain: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Spain: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Russia: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Russia: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Latin America: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Latin America: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Brazil: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Brazil: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Mexico: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Mexico: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Others: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Others: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Middle East and Africa: Glass Ceramics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Middle East and Africa: Glass Ceramics Market: Breakup by Country (in %), 2022
- Figure 75: Middle East and Africa: Glass Ceramics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Global: Glass Ceramics Industry: Drivers, Restraints, and Opportunities
- Figure 77: Global: Glass Ceramics Industry: Value Chain Analysis
- Figure 78: Global: Glass Ceramics Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Glass Ceramics Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Glass Ceramics Market Forecast: Breakup by Composition (in Million US$), 2023-2028
- Table 3: Global: Glass Ceramics Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Glass Ceramics Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Glass Ceramics Market: Competitive Structure
- Table 6: Global: Glass Ceramics Market: Key Players
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