According to the report, Increasing use of windshields, Sunroofs, and Side windows in the automotive industry
is one of the primary growth factors for the market. Increasing Consumer Demand for durable Smartphones because of the tough & rugged ceramic glass
is also expected to contribute significantly to the Glass Ceramics market. Overall, Microwave & Cook Tops
applications of Glass Ceramics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User Industry, such as Aerospace and Defence, is boosting the Glass Ceramics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution Channel, such as Manufacturers/Distributors, is boosting the Glass Ceramics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Glass Ceramics market identified that the demand is rising in many different parts of the world as "Increasing Demands for Energy-Efficient Materials
". Furthermore, some recent industry insights like "In June 2023, Corning Incorporated and SGD Pharma announced a collaborative venture that involves the establishment of a new glass tubing facility in India. It was to enhance pharmaceutical manufacturing capabilities and enable SGD Pharma to adopt Corning's Velocity Vial technology platform. and In December 2022, Corning Incorporated partnered with LG Electronics, a global innovator in technology and vehicle component solutions. The collaboration aimed to deliver environmentally sustainable glass solutions for curved automotive interior displays." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Glass Ceramics market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Glass Ceramics market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Glass Ceramics market size is calculated using market estimation process, the Glass Ceramics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Glass Ceramics market size has been validated using both top-down and bottom-up approaches.