Ceramics Manufacturing in the US - Industry Market Research Report

Ceramics Manufacturing in the US - Industry Market Research Report

  • April 2021 •
  • 57 pages •
  • Report ID: 2252563 •
  • Format: PDF
On display: Increasing exports will likely support demand for industry products

Abstract

Ceramics Manufacturing in the US
The Ceramics Manufacturing industry produces a diverse mix of products, including advanced and technical ceramics, plumbing fixtures, kitchenware, pottery products and lightweight body armor. This industry has contended with high import competition, which has been exasperated by increases in the trade-weighted index and weakened demand from the Semiconductor and Circuit Manufacturing industry. However, growth in housing starts and increased demand from automobile electronics manufacturing have supported revenue growth. During the current period, large multinational operators focused their efforts on foreign markets by acquiring foreign manufacturers and expanding locations abroad with low production costs and high levels of technological development. Over the five years to 2024, IBISWorld expects industry revenue to increase as total exports drive demand for industry products. Over the next five years, the trade-weighted index is forecast to decrease, which may relieve some import competition. Additionally, demand for advanced ceramics, which are used in electronics, is expected to increase as technological advancements are made in high performance ceramics which have unique properties that plastics and metals cannot mimic.

This industry includes establishments that primarily manufacture advanced ceramic materials and components, pottery and plumbing fixtures made of clay or other ceramic materials. This industry does not include companies that primarily make ceramic tiles or refractories, which are included in the Clay Brick and Product Manufacturing industry (IBISWorld report 32712).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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