“Global Glass Ceramics Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the global glass ceramics market. Glass ceramics are polycrystalline materials made by crystallizing glass under regulated conditions. They exhibit high strength, low coefficient and thermal expansion, zero porosity, translucency, and enhanced impact, chemical, and thermal resistance compared to conventional glass. Moreover, their properties can be modified by altering the microstructure and the chemical composition as per requirements. Owing to these properties, glass ceramics are widely used in cooktops, household appliances, smartphones, furnaces, biomedical engineering, and advanced optic solutions.
The market is primarily driven by the rising product adoption in the construction industry. Glass ceramics are widely utilized in buildings as tiles and other fittings for exterior and interior applications due to their heat, water and impact resistance properties. In addition, the escalating demand for glass ceramics from the aerospace industry represents another major growth-inducing factor. They are employed as nosecones of high-end aircraft and missiles as they can withstand harsh conditions resulting from atmospheric reentry, erosion, and rain. Moreover, the market is further propelled by the increasing product applications in manufacturing antennas for Wi-Fi applications. Moreover, manufacturers use glass ceramics with copper as they exhibit a high response to frequencies and offer improved performance. Furthermore, the leading market players are developing an efficient way to manufacture ceramic end-products at low cost and in industrial-scale quantities. They are also engaging in partnerships, mergers, and acquisitions (M&As), and regional expansion to widen their consumer base. On account of these factors, the market is expected to witness positive growth in the coming years.
Beginning with a global overview, the report explores the dynamics that have a strong influence on the glass ceramics market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the glass ceramics market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the glass ceramics market in detail for the latest trends, outlook and opportunities.
The report analyses the competitive structure of the glass ceramics Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the glass ceramics Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the glass ceramics Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the glass ceramics Industry. Furthermore, the value chain analysis of the glass ceramics Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
Key Segments and Highlights of the Global Glass Ceramics Market
The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the glass ceramics Industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.
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