Jul 3, 2020 1:31 PM ET
iCrowd Newswire – Jul 3, 2020
WiseGuyReports.com Publish A New Market Research Report on –“ Glass-Ceramics 2020 Global Market Expected to Grow at CAGR 5.86% And Forecast To 2028”.
Global Glass-Ceramics Market is evaluated to exhibit a constant growth at CAGR of 5.86%. Glass-ceramics are produced by the method of controlled crystallization of glass and having properties of both glass and polycrystalline ceramics. They are polycrystalline solid materials available in the form of crystalline, semi-crystalline, or non-crystalline nuclear structures. Owing to the properties such as extreme mechanical strength, sustainability in changing temperatures, low heat conduction coefficient (stays cool outside the cooking area), and wonderful aesthetic appeal causes their utilization in the household utensils sector. Additionally, it is seen that the utensils made up of glass-ceramic are progressively used in the manufacturing of household utensils such as cooktops, stoves, microwave and fireplace doors, cookware, and bakeware, among others.
Global Glass-Ceramics Market was valued at USD 779,413.3 Thousand in 2018 and it is estimated to reach USD 1,376,848.3 Thousand by the end of 2028. The global market growth is been driven by major factors such as rising the application of glass-ceramics in the production of household utensils and rising demand for the product in the building & construction industry. However, the high cost of energy because of the high heating requirements during the glass-ceramics manufacturing process can hinder the growth of the global glass-ceramics market during the assessment period.
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Major Key Players of Glass-Ceramics Industry:
Some of the major players operating in the Global Glass-Ceramics Market are SCHOTT AG (Germany), EuroKera (France), Nippon Electric Glass Co., Ltd. (Japan), Corning Incorporated (US), ILVA Glass SpA (Italy), Ohara Corporation (Japan), Kanger Holdings (China), Kedi Glass-Ceramic Industry Co., Ltd (China), Elan Technology (US), Huzhou Tahsiang Glass Products Co., Ltd (China), Jingniu Glass Ceramics Group Co., Ltd (China), and Far East Opto-Electronics Co., Ltd (China).
The report offers an elaborate database with respect to the latest advancements along with technological innovations that are influencing the industry. This is in addition to review of the impact these disruptions can have on the growth potential of the market. The major focus is on the present business status and the current headways, methodology changes as well as potential entryways within the global Glass-Ceramics market. In addition to this, the price margins along with the barriers that the key manufacturers are expected to face in the years to come are also reported. The consistently changing market dynamics have been studied by the analysts, while considering the base year to be 2019, and the forecast period’s last year to be 2025.
Key Boosters & Challenges of Glass-Ceramics Market Report
Beside the extensive appraisal of the primary dynamics that affect the global Glass-Ceramics market, the market study also highlights the pricing record, volume trends and the possible market size during the conjectured timeline. The challenges, key boosters as well as opportunities have been carefully covered, to provide an enhanced understanding of the overall industry.
Regional Overview of Glass-Ceramics Market Size
The major threats, strengths, inadequacies and opportunities in the Glass-Ceramics market have been elucidated in the study, while considering certain regions across the globe. Across these regions, many of the top vendors are working on expanding their presence and elevate their profits. They are using some of the most effective marketing strategies such as partnerships and agreements, to boost their market position across these regions. The regions that have been taken in account while studying the global Glass-Ceramics market and its expansion prospects in the near future include the Middle East & Africa, Latin America, Asia Pacific, North America and Europe. These regions are widely covered, keeping in mind the current as well as the expected trends that can shape the market size in the coming years.
Method of Research of Glass-Ceramics Industry
The study of the Glass-Ceramics market provides the latest hands-on data, after a careful analysis performed by the experts. Our experts have made use of the Porter’s Five Force Model’s parameters to conduct an intricate review of the market. The market leaders such as CEOs, marketing teams and more have provided their valuable inputs regarding the recent norms and developments that are projected to induce market growth. The report also sheds light on the key companies in the market and their chain networks spread around the globe. A detailed study of the parent industry, combined with the growth prospects, governing aspects as well as macro-economic factors are also focused on, with respect to the market segmentation. The market analysis has been performed with the use of two major techniques, namely primary as well as secondary. Both these methods have aided our experts in offering a better perspective of the Glass-Ceramics market, while taking into consideration the weaknesses, threats, strengths and opportunities within the worldwide market.
Table of Contents – Major Key Points
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
5 MARKET FACTOR ANALYSIS
6 GLOBAL GLASS-CERAMICS MARKET, BY COMPOSITION
7 GLOBAL GLASS-CERAMICS MARKET, BY APPLICATION
8 GLOBAL GLASS-CERAMICS MARKET, BY REGION
9 COMPETITIVE LANDSCAPE
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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