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)
$4.1
CAGR, 2023 - 2030
4.4%
Report Coverage
Gulf Cooperation Council
Gulf Cooperation Council ceramics market, 2017-2030 (US$M)
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 |
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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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