Materials with market value: Global ceramic and glass industry poised to reach $1 trillion
The global ceramic and glass industry is assessed at $717.7 billion in 2016 and is expected to grow at an overall compounded annual growth rate (CAGR) of 6.2%. The industry is global—Figure 1 maps main producers or manufacturers of various categories of ceramics and glass by the location of each company's headquarters.
Cements dominate the industry with a 42.7% share of the total, but there are other categories of products that, combined with cements, form the bulk of the market at more than 80% of the total—namely, structural clay products, electroceramics, container glass, refractories, and flat glass for construction and transportation (Figure 2).