- The key vendors in the Global Ceramics Market 2015-2019 are American Standard, China Glass Holding, Corning Inc., Roca Sanitario SA and SCHOTT AG.
London, 18 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Ceramics Market 2015-2019. One key trend emerging in the market is the development of advanced ceramics. Advanced ceramics offer a cost-effective and high-performance substitute to traditional materials such as glass, metals, and plastic and this is increasing the demand for products in the Global Ceramics market. The Global Ceramics market is expected to witness growth at a CAGR of 6.85 percent during the forecast period of 2014-2019.
The Global Ceramics market is primarily driven by demand from the construction sector as consumers are investing in new houses and buildings to attain a better standard of living. The Housing and Construction sector uses ceramics in sanitary ware, ceramic tiles, table and ornamental ware, bricks, and pipes for its construction activities.
“Countries such as China and India are experiencing the fastest growth in the Commercial and Industrial sectors,” says Faisal Ghaus, Vice President of TechNavio Research.
“New offices and buildings are being set up rapidly owing to an inflow of FDI into these countries. With changing lifestyles, many restaurants and recreation centers are being established, thus increasing the demand for ceramic materials.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
