Global Ceramics Market Will Reach $502.8 Billion By 2020: Radiant Insights, Inc.

Aug 04, 2015, 08:30 ET from Radiant Insights

SAN FRANCISCO, August 4, 2015 /PRNewswire/ --

The vendors in the ceramics industry have to invest in high-quality production processes, logistics systems that guarantee fast delivery, and the development of innovative products in order to keep market share.  

Worldwide ceramics markets are increasingly diversified, poised to represent significant size as every segment continues to grow. Ceramics covers a broad range of sectors within the building industry. Ceramics sub-sectors are being impacted by the need for the availability of raw materials and the high costs of energy.  As solar energy becomes available, competitive, and affordable by 2016, this is set to create vast market shifts in the ceramics markets.

The cost structures of energy-intensive ceramics producers are impacted by increasing fuel prices.  The ceramics manufacturing process needs efficient energy.  High energy costs for manufacturing is changing markets, hindering the competitiveness of ceramics producers without access to cheap fuels.  The price of energy has risen.  Ceramics sectors substantially mirror the change in the price of crude oil.  Energy costs account for a measurable share of operating costs.

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Ceramic segments include roof tiles, floor tiles, bricks, sanitary pottery, ceramic insulation, glass, cement, and refactory clay bricks.  There are many different types of ceramic tiles including refractory tiles, technical tiles, ornamental tiles, roofing tiles, and tiles made into stands.

The ceramics sector is faced with a number of competitiveness challenges, many of which have been fuelled by globalization.  Increased environmental regulation continues to be an issue.  The increase in the number of comparative low-cost ceramics products being imported from emerging economies is a sign that in some sectors, particularly in the ceramic tableware sub-sector, the local competitive advantage on the basis of cost is diminishing.

A key competitiveness factor for the ceramics sector is increased environmental regulation and control.  The relatively high energy-intensity of ceramics production, brought about by the need to heat kilns up to 2000°C, makes the reduction of carbon dioxide emissions challenging.

The technologies and techniques used in ceramics production to minimize energy use by kilns are already advanced.  Major short-term future increases in efficiency are unlikely.

Consideration of Ceramics Market forecasts indicates that markets at $296.2 billion will reach $502.8 billion by 2020.  Growth comes as every industry achieves efficiency in manufacturing process and renewable energy efficiency.  The vendors in the ceramics industry have to invest in high-quality production processes, logistics systems that guarantee fast delivery and the development of innovative products in order to keep market share.  

The increasingly global nature of science, technology and engineering is a reflection of the implementation of the globally integrated enterprise.  Customers trust wintergreen research to work alongside them to ensure the success of the participation in a particular market segment.

List of Companies 

  • ABK Group
  • Anchor Glass
  • Asahi Glass
  • Battelle
  • 3M / Ceradyne
  • China Glass
  • Concorde Group
  • Corning
  • Libbey
  • Lixil / American Standard
  • Mohawk Industries
  • Nippon Sheet Glass Co Ltd
  • Owens-Illinois
  • PPG
  • Roca
  • Samsung Electronics Co., Ltd
  • Saint-Gobain
  • Cemex
  • CARBO Ceramics
  • Casalgrande Padana
  • Ceramiche Caesar
  • Ceramiche Sant'agostino
  • Ceradyne
  • Coem
  • Atlas Concorde and Caesar
  • Coop. Ceramica imola group
  • Dong Xu Ltd
  • Dora Tiles
  • Emilceramica Group 2
  • Fincibec Group
  • Finfloor Group
  • Guangdong Golden Glass Technologies Ltd
  • Guangfeng Solarglass (Hong Kong)
  • Huntsman
  • IKEA

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About Radiant Insights 

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519

SOURCE Radiant Insights