Europe Ceramics Market Size & Outlook, 2022-2030
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Europe ceramics market highlights
- The Europe ceramics market generated a revenue of USD 43.8 million in 2022.
- The market is expected to grow at a CAGR of 4.3% from 2023 to 2030.
- In terms of segment, traditional was the largest revenue generating product in 2022.
- Advanced is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 43.8 million |
| Market revenue in 2030 | USD 61.2 million |
| Growth rate | 4.3% (CAGR from 2022 to 2030) |
| Largest segment | Traditional |
| Fastest growing segment | Advanced |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Traditional, Advanced |
| Key market players worldwide | 3M Co, AGC Inc, CeramTec, CoorsTek, Mohawk Industries Inc, Morgan Advanced Materials PLC, Compagnie de Saint-Gobain SA |
Other key industry trends
- In terms of revenue, Europe region accounted for 18.3% of the global ceramics market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 159.8 million by 2030.
Traditional was the largest segment with a revenue share of 59.13% in 2022. Horizon Databook has segmented the Europe ceramics market based on traditional, advanced covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of ceramics market in Europe is projected to be driven by the increase in the consumption of ceramic tiles in the region. According to the European Ceramic Industry Association, approximately 28% of the total employees in the overall ceramics industry in Europe are engaged in the manufacturing of ceramic tiles.
As per the Association of Italian Manufacturers of Machinery and Equipment for Ceramics (ACIMAC), Europe holds a strong position in global ceramics market with Italy, Germany, France, and Spain being the leading global exporters of ceramic tiles.
Additionally, the growth of ceramics market in Europe is driven by the rise in the number of construction and infrastructure development projects in the region. Ireland, specifically, has witnessed a significant upsurge in the number of construction projects.
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Ceramics Market Scope
Ceramics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CeramTec | View profile | 1001-5000 | Plochingen, Baden-Wurttemberg, Germany, Europe | http://ceramtec.com |
| Morgan Advanced Materials PLC | View profile | 8783 | Sheet Street, York House, Windsor, United Kingdom, SL4 1DD | https://www.morganadvancedmaterials.com |
| Mohawk Industries Inc | View profile | 43300 | 160 South Industrial Boulevard, Calhoun, GA, United States, 30701 | https://www.mohawkind.com |
| CoorsTek | View profile | 10001+ | Golden, Colorado, United States, North America | https://www.coorstek.com |
| AGC Inc | View profile | 61671 | 1-5-1, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8405 | https://www.agc.com |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
Europe ceramics market size, by country, 2017-2030 (US$M)
Europe Ceramics Market Outlook Share, 2022 & 2030 (US$M)
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