North America Ceramics Market Size & Outlook, 2022-2030
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North America ceramics market highlights
- The North America ceramics market generated a revenue of USD 77.7 million in 2022.
- The market is expected to grow at a CAGR of 4.2% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| 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 |
Other key industry trends
- In terms of revenue, North America region accounted for 32.4% 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 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.
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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 |
North America ceramics market size, by country, 2017-2030 (US$M)
North America Ceramics Market Outlook Share, 2022 & 2030 (US$M)
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