Ceramics Market Key Players, Growth
Opportunities and Forecast Report till 2025
“Increasing the use of 3D printing technology in the dental industry has triggered the market growth
for zirconium and alumina. Owing to superior structural property, alumina is projected to dominate
the market over the forecast duration.”
The global Ceramics Market size is anticipated to reach USD 407.72 billion by 2025. The market is projected to grow
at a CAGR of 8.6% over the forecast duration. Development in 3D printing technology and increasing demand for
ceramics in the dental implant are driving the market growth.
Increasing the use of 3D printing technology in the dental industry has triggered the market growth for zirconium and
alumina. Owing to superior structural property, alumina is projected to dominate the market over the forecast
Materials such as clay, kaolin, sand and soda ash are used in traditional ceramics. Energy and raw materials are the
two major components of the cost structure in manufacturing of ceramics. Raw materials account for 22% of followed
by the energy that accounts for 21% of the cost structure. Additionally, labor accounts for 16% while overhead
accounts for 13% of the cost structure. Other costs such as distribution, depreciation and transport together account
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However, increasing focus on limiting CO2 emission and reducing energy usage have resulted in market players
emphasizing on sustainable energy. Additionally, procurement of cheap fuel in the volatile market is becoming
paramount. Smaller companies are looking for alternate fuel for ceramics manufacturing.
Key players operating in the ceramics market are Carbo Ceramics, Inc., Kyocera Corporation, 3M, Imerys Ceramics,
AGC Ceramics Co., Ltd, Kyocera Corporation and Corning. Merger & acquisition and geographical expansion are the
major strategic initiatives taken by these players.