A growth trajectory: ceramics markets look to Asia
Published: Wednesday, 28 March 2018
The ceramics industry registered a dip in trade and production following the global economic downturn in 2008. But, as Industrial Minerals correspondent Sunder Singh finds, trade in Asia is now picking up, which is putting renewed pressure on kaolin, zircon, bentonite and other ceramics markets.
With an estimated production of 13.6 million square meters
and a market value of $94 billion in 2017, the global ceramic
tile manufacturing industry has registered growth of more than
5% in both value and volume terms in the past five years.
Asia accounts for about 70% of the...