India Ceramics Market Size & Outlook, 2022-2030

The ceramics market in India is expected to reach a projected revenue of US$ 27.2 million by 2030. A compound annual growth rate of 6.3% is expected of India ceramics market from 2023 to 2030.
Revenue, 2022 (US$M)
$16.7
Forecast, 2030 (US$M)
$27.2
CAGR, 2023 - 2030
6.3%
Report Coverage
India

India ceramics market highlights

  • The India ceramics market generated a revenue of USD 16.7 million in 2022 and is expected to reach USD 27.2 million by 2030.
  • The India market is expected to grow at a CAGR of 6.3% 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 2022USD 16.7 million
Market revenue in 2030USD 27.2 million
Growth rate6.3% (CAGR from 2022 to 2030)
Largest segmentTraditional
Fastest growing segmentAdvanced
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTraditional, Advanced
Key market players worldwide3M 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, India accounted for 7.0% of the global ceramics market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China ceramics market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 93.7 million by 2030.

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Ceramics Market Companies

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India ceramics market size, by product, 2017-2030 (US$M)

India Ceramics Market Outlook Share, 2022 & 2030 (US$M)

India ceramics market size, by product, 2017-2030 (US$M)

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