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The global Glass Ceramics Market Size was valued at USD 1.68 billion in 2023 and is projected to reach USD 2.54 billion by 2030, growing at a CAGR of 6.1% during the forecast period. Glass ceramics are advanced materials that combine the properties of both glass and ceramics, achieved through controlled crystallization of a glass matrix. This unique combination results in materials that offer high strength, durability, low thermal expansion, and aesthetic appeal, making them suitable for various applications across industries.
The market’s growth is driven by increasing demand from the construction industry, where glass ceramics are used for building facades, flooring, and interior walls due to their durability and visual appeal. Additionally, the electronics industry utilizes glass ceramics in consumer devices like smartphones and tablets for their scratch resistance and thermal stability. The healthcare sector also contributes to market expansion, employing glass ceramics in dental restorations, orthopedic implants, and bone substitutes.
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Estimated Growth Rate for Glass Ceramics Market
Global Glass Ceramics Market size was valued at USD 1.68 Bn in 2023 and Glass Ceramics market revenue is expected to reach USD 2.54 Bn by 2030, at a CAGR of 6.1% over the forecast period (2024-2030).
Regional Analysis :
Asia Pacific’s expanding aerospace manufacturing sector will support the expansion of the regional market. The market was dominated by the Asia Pacific region in 2023, and this dominance is anticipated to persist during the forecast period. Growing urbanization, population expansion, and infrastructure development are the main drivers of the Asia Pacific region’s rising construction industry. The need for glass ceramics in the area is being driven by the expanding need for construction services. Glass ceramics are widely utilized in the construction sector for interior walls, flooring, and building facades. Some of the biggest markets for consumer electronics worldwide are found in the Asia Pacific area, including South Korea, Japan, and China. The need for glass ceramics is anticipated to rise in tandem with the growing demand for smartphones, tablets, and other electronics devices.
Glass Ceramics Market Segmentation:
By Material
Lithium-aluminium-silicate
Zinc-aluminium-silicon oxides
Magnesium-aluminium-silicon oxides
By Application
Microwave
Telescopic mirror
Building Decoration Materials
Cook tops
Insulators
Fireplace doors
Engineering components
Others
By End-user
Building and Construction
Electrical and Electronics
Healthcare
Aerospace
Optical
Others
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Discover strategies of the key players in the market and explore how they are navigating trends, expanding their portfolios, and capitalizing on emerging applications. From global leaders to regional influencers, this report provides a complete competitive analysis.
1. Kanger Glass-ceramic Co
2. Kyocera Corporation
3. Ohara Corporation
4. Elan Technology
5. Huzhou Tianshi Glass Products Co. Ltd
6. EuroKera
7. Jingniu Glass Ceramics Group Co., Ltd
8. Ohara Corporation
9. Ilva Glass spa
10. Kanger Enterprise
11. Corning Incorporated
12. SCHOTT
13. China Glass Ceramic Inc.
14. Advanced Glass industries
15. Ceramic Glass Ltd
16. Guangzhou KAHO SPECIAL GLASS Co., Ltd
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/glass-ceramics-market/187463/
Key Highlights:
- Historical Market Data (2018-2023)
- Forecasts by Segment, Region, and Industry Application (2024-2030)
- SWOT Analysis, Value Chain Insights, and Growth Drivers
- Legal Aspects by Region and Emerging Opportunities
Top Questions Answered:
- What are the key growth drivers and trends in the market?
- Who are the major players, and how do they maintain a competitive edge?
- What new applications are poised to revolutionize the Glass Ceramics industry?
- How will the market grow in the coming years, and at what rate?
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