Lucintel's latest market report analyzed that glass ceramic provides attractive opportunities in the building & construction, electrical & electronic, healthcare, aerospace, and optical applications. The glass ceramic market is expected to reach $1.72 billion by 2028 with a CAGR of 5.5%. In this market, lithium-aluminum-silicate is the largest segment by composition, whereas building & construction is largest by application.
Based on composition, the glass ceramic market is segmented into lithium-aluminum-silicate, zinc-aluminum-silicon oxides, and magnesium-aluminum-silicon oxides. The lithium-aluminum-silicate segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the widespread use of these lithium-based glass ceramics for cookware, bakeware, and cooktops in homes.
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The Glass Ceramic Market is marked by the presence of several big and small players. Some of the prominent players offering glass ceramic include CoorsTek, Corning, Kanger Glass-ceramic, Kedi Glass-Ceramic Industrial, andKyocera.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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