Glass Ceramics are manufactured through controlled crystallization of base glass and are polycrystalline materials. Globally, growth and development of the construction sector, rise in the demand from electronics industry, increasing usage of glass ceramics in medical applications, and government initiatives for infrastructure development are the prime growth drivers of glass ceramics market. In addition, increase in adoption of glass ceramics for newer applications, and urbanization in emerging economies such as China, India and others will create new opportunities for glass ceramics market. However, higher energy cost during manufacturing, and volatile prices of raw materials are the key restraints for glass ceramics market.
This report identifies the global glass ceramics market size for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects with respect to glass ceramics market.
Geographically, Asia Pacific dominates the glass ceramics market, and is projected to have the fastest growth, owing to rapidly increasing aging population and modernizing infrastructure in developing countries such as China and India in this region. Among all the end-users, housing and construction segment has the highest market share in glass ceramics market, owing to increasing government spending on infrastructural development in various regions.
This report segments glass ceramics market on the basis of material, system end-user, and regional market as follows:
- Glass Ceramics Market, By Material: Aluminium, Silicon, Lithium, and Zirconium
- Glass Ceramics Market, By System: Li2O × Al2O3 × nSiO2 system (LAS system), MgO × Al2O3 × nSiO2 system (MAS system), and ZnO × Al2O3 × nSiO2 system (ZAS system)
- The report has focused study on glass ceramics market by basis of end-user industry such as: Electronics, Healthcare, Housing and Construction, Energy & Power, Aerospace, Optical, Industrial, and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
Sample Companies Profiled in this Report are:
- Dongguan Hongtai Glass Products
- Far East Cable Co.
- Hehe Science and Technology Group
- Jingniu Glass Ceramic Group
- KEDI Glass-ceramic Industrial