Market revenue in 2022 | USD 77.7 million |
Market revenue in 2030 | USD 107.8 million |
Growth rate | 4.2% (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 |
Traditional was the largest segment with a revenue share of 58.17% in 2022. Horizon Databook has segmented the North America ceramics market based on traditional, advanced covering the revenue growth of each sub-segment from 2017 to 2030.
Ceramics market in North America is anticipated to grow significantly in the coming years owing to an increase in the production of ceramics tiles and sanitary ware, as well as an overall surge witnessed in the demand of ceramics from the construction and infrastructure development industries in the region.
In addition, North America has a well-established medical industry owing to the presence of robust healthcare infrastructures in countries such as the U.S. and Canada. This industry is a key consumer of ceramics-based healthcare equipment & devices, medical implants, and therapeutic medical devices.
Moreover, soaring investments from domestic and international investors in residential/commercial construction activities in North America are anticipated to fuel the requirements for artware and tableware in the region. In addition, real estate market in the U.S. has been witnessing a rise in investments in 2022.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account