Gulf Cooperation Council Ceramics Market Size & Outlook
The ceramics market in Gulf Cooperation Council is expected to reach a projected revenue of US$ 4.1 million by 2030. A compound annual growth rate of 4.3% is expected of Gulf Cooperation Council ceramics market from 2023 to 2030.
Revenue, 2022 (US$M)
$2.9
Forecast, 2030 (US$M)
$4.1
CAGR, 2023 - 2030
4.3%
Report Coverage
Gulf Cooperation Council
Related Markets
Gulf Cooperation Council ceramics market highlights
- The Gulf Cooperation Council ceramics market generated a revenue of USD 2.9 million in 2022 and is expected to reach USD 4.1 million by 2030.
- The Gulf Cooperation Council 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.
Ceramics market data book summary
| Market revenue in 2022 | USD 2.9 million |
| Market revenue in 2030 | USD 4.1 million |
| Growth rate | 4.3% (CAGR from 2022 to 2030) |
| Largest segment | Traditional |
| Fastest growing segment | Advanced |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Gulf Cooperation Council accounted for 1.2% of the global ceramics market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Gulf Cooperation Council ceramics market is projected to lead the regional market in terms of revenue in 2030.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4.1 million by 2030.
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Ceramics Market Scope
Ceramics market segmentation & 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 |
Gulf Cooperation Council ceramics market size, by product, 2017-2030 (US$M)
Gulf Cooperation Council Ceramics Market Outlook Share, 2022 & 2030 (US$M)
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