Global Glass Ceramics Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Glass Ceramics Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Material (Lithium, Magnesium, and Zinc), Application (Building and Construction, Electrical and Electronics, Healthcare, Aerospace, Optical, and Other), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Glass Ceramics Market was valued at USD 1,583.5 million in 2023 and is expected to reach USD 2,543.0 million by 2031 while growing at a CAGR of 6.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global glass ceramics market growth. Glass ceramics, also called vitroceramics, blend the characteristics of glass and ceramics. These engineered materials result from controlled crystallization of specific glasses, achieved by heating the glass to a specific temperature. This process induces partial crystallization while preserving a glassy matrix, imparting distinctive properties that set them apart from traditional glass or ceramics.
Increasing demand in building and construction, along with the expanding healthcare industry, is driving growth in the glass ceramics market. However, obstacles such as high production costs and limited awareness and education hinder market expansion.
Furthermore, the global glass ceramics industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Material Analysis
The Global Glass Ceramics Market is segmented among Lithium, Magnesium, and Zinc, based on Material. In 2023, Lithium accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Glass Ceramics Market is segmented among Building and Construction, Electrical and Electronics, Healthcare, Aerospace, Optical, and Other, based on Application. In 2023, Building and Construction accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Glass Ceramics Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are ABB Ltd., ADB Safegate, Astronics Corporation, ATG Airport Technology, Avilite Systems, Avionics Ltd., Carmanah Technologies Corp., Eaton Corporation PLC, Honeywell International Inc., OCEM Energy Technology, OSRAM Licht AG, TKH Airport Solutions, and Vosla Gmbh.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Glass Ceramics Market Dynamics
Drivers
Restraints
Opportunity
4. Global Glass Ceramics Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Glass Ceramics Market Segmentation, By Material
Global Glass Ceramics Market Share Analysis, By Material
Global Glass Ceramics Market Growth Analysis, By Material
Global Glass Ceramics Market Trends, By Material
o Lithium
o Magnesium
o Zinc
6. Global Glass Ceramics Market Segmentation, By Application
Global Glass Ceramics Market Share Analysis, By Application
Global Glass Ceramics Market Growth Analysis, By Application
Global Glass Ceramics Market Trends, By Application
o Building and Construction
o Electrical and Electronics
o Healthcare
o Aerospace
o Optical
o Other
7. Global Glass Ceramics Market Segmentation, By Region
Global Glass Ceramics Market Share Analysis, By Region
Global Glass Ceramics Market Growth Analysis, By Region
Global Glass Ceramics Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
AGC Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
CoorsTek Inc
Corning Incorporated
Dongguan Hongtai Glass Co. Ltd
Jingniu Glass Ceramics Group Co. Ltd
Kanger Glass-ceramic Co. Ltd
KEDI Glass-ceramic Industrial Co. Ltd
Morgan Advanced Materials PLC
Nippon Electric Glass Co. Ltd
Ohara Corporation
*Similar analysis will be provided for each company listed above.