Increased demand for high-quality interiors in the home décor industry, as well as increased awareness of the benefits of stoneware applications in the electric insulator and chemical industries, are expected to boost the global market share for stoneware. Because home decoration has become a status symbol for many people, demand for stoneware products such as stoneware pots, stoneware jars, and stoneware vases has increased in recent years.
Stoneware is a type of clay that is fired at a high temperature of 2185 degrees Fahrenheit, yielding a strong and chip-resistant piece of pottery. Stoneware is commonly used to make mugs and baking dishes, and its high heat resistance allows it to be safely heated in ovens and microwaves.
It is also commonly used in the chemical industry to store acid and alkali. Because of its low absorption rate of 0.01 percent, stoneware is less reactive to acid and alkalis such as sulphuric acid and ammonium hydroxide, resulting in an increase in stoneware product demand as a storage vessel in the chemical industry. Because of their low water absorption rate and higher durability than ceramic tiles, stoneware is also used in the tile industry to manufacture porcelain tiles, which are used to cover floors. As a result, demand for stoneware is expected to rise over the industry forecast period.
Demand from the home décor and electric industries is expected to drive growth.
Because of its high insulating properties, stoneware is also used in electric insulators. Furthermore, its ability to withstand thermal shock caused by rapid temperature changes has increased its demand in the aerospace, defence, and energy sectors.
During the forecast period, sales of stoneware are expected to be pushed by a rapid shift in consumer attitudes toward interior design and an increase in demand for traditional kitchen and tableware.
The demand for stoneware is expected to increase as a result of emerging economies.
Emerging economies such as China and India have experienced significant growth in the electric, home décor, and chemical industries, which is expected to drive demand for stoneware. Stoneware’s market growth is expected to be boosted by changing consumer trends toward traditional table and kitchen ware.
The major importers of electric insulators, porcelain tiles, acids, and alkalis are East Asia, South Asia, and North America, which are driving the stoneware market. Furthermore, the stoneware market is expected to benefit from expansion and development in the home decor and real estate sectors.
COVID-19’s Impact on the Stoneware Market
Stoneware production has slowed as a result of the government-imposed halt. Furthermore, COVID-19 has had a significant impact on the home décor industry around the world, resulting in a temporary decrease in demand for stoneware products.
Because stoneware is a non-essential good, various governmental and legal factors have slowed the growth of the stoneware market for the time being. The stoneware market, on the other hand, is expected to grow during the forecast period.
For List of Key Players and Full Segmentation, Ask for a Sample Report –