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Ceramics Market Trends, Company Share To 2022: Grand View Research, Inc. Business Articles | April 20 Cheap Brian Gibbons Hat , 2016
Grand View has announced the addition of "Ceramics Market Analysis and Segment Forecasts To 2022" Market Research report to their Database.
Global ceramics market is expected to reach USD 287.06 billion by 2022, according to a new report by Grand View Research, Inc. Rising government funding for large-scale infrastructure projects in China, India Cheap Pavel Zacha Hat , Myanmar, Philippines, Malaysia and Indonesia and China is expected to propel construction industry growth which in turn will have a positive on product demand over the next seven years.
Retail industry growth along with increasing acceptance of supermarket culture in emerging economies of Asia Pacific and strong export scenario is expected to have a positive impact on the ceramic packaging market over the forecast period.
Rising investments for innovative product developments, high-quality manufacturing processes Cheap Cory Schneider Hat , and fast delivery logistic systems are expected to have a positive impact on the industry over the next seven years. Furthermore, strong economic growth coupled with removal of barriers for foreign investments in India is expected to spur construction sector which in turn will propel ceramics demand over the forecast period.
North America and Europe are expected to witness considerable rise in light of rising R&D expenditure for introduction of eco-friendly products. However, raw material price volatility is expected to challenge the industry over the next seven years.
Browse full research report on Global Ceramics Market:?
Further key findings from the report suggest:
Advanced ceramics are expected to be the fastest growing segment in terms of volume at a CAGR of over 9.0% from 2015 to 2022. These products are expected to witness a substantial rise over the next seven years owing to their capability of performing under extreme conditions. Growing demand from various end-use industries including automotive, heavy machinery and defense is expected to have a positive impact on the market. Ceramic tiles dominated the industry with demand estimated at over 70.0 million tons in