Market Outlook
Global glass and ceramics market size is expected to expand significantly during the forecast period, owing to increasing demand for both glass and ceramics products. The demand for glass is expected to witness a significant upsurge, owing to increased use in various applications such as anti-bacterial glass, glass packaging, glassware, sol-gel processing, and glass reinforced plastics. Moreover, the demand for ceramics has also increased, due to increasing use of fireproof ceramics, ceramic paper, and technical and advanced ceramics. Furthermore, key players in the market are adopting growth strategies such as mergers and acquisitions, a partnership to solidify their place in the market.
Growing construction industry around the world poses an excellent opportunity for market players to enhance their revenue. This is increasing the demand for glass and ceramics products and will subsequently drive the global glass and ceramics market growth in the near future.
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