According to the latest report by IMARC Group, titled “Global Transparent Ceramics Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the global transparent ceramics market reached a value of US$ 443.6 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,484.50 Million by 2027 exhibiting a CAGR of 21.50% during 2022-2027.
Transparent ceramics are polycrystalline ceramic materials that exhibit broadband transmittance of light in the visible, infrared wavelengths of the electromagnetic spectrum. They are transparent like standard glass and offer strength, hardness, and high thermal and scratch-resistance as compared to traditional optical glass and resins. Owing to these properties, transparent ceramics are widely used for thermal imaging applications, scintillator components, solid-state lasers, transparent armors, bulletproof glasses, and non-linear optics.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Transparent Ceramics Market Trends and Drivers:
The market is primarily driven by the increasing utilization of transparent ceramics in the aerospace and defense industries across the globe. In addition, the escalating demand for transparent armors to provide high-end and superior ballistic protection represents another major growth-inducing factor.
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Besides this, transparent ceramics are widely used in the construction industry to manufacture tiles, bricks, and pipes. This, coupled with the rising product adoption as a substitute for glass, metal, and plastics, is positively influencing the market growth. Moreover, the market is also propelled by the rising application of transparent ceramics in the optoelectronics industry to manufacture optical switches, lenses, laser systems, and infrared night vision devices.
Furthermore, the introduction of advanced product variants and the increasing usage of infrared (IR) radiation, and temperature sensors are anticipated to strengthen market growth in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Transparent Ceramics Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
American Elements, CeramTec GmbH, CeraNova Corporation, Compagnie de Saint-Gobain S.A., CoorsTek Inc., General Electric Company, II-VI Incorporated, Koninklijke Philips N.V., Konoshima Chemical Co. Ltd., Murata Manufacturing Co. Ltd., Schott AG and Surmet Corporation.
The report has segmented the market on the basis of region, type, material and application.
Breakup by Type:
- Monocrystalline Transparent Ceramics
- Polycrystalline Transparent Ceramics
Breakup by Material:
- Yttrium Aluminum Garnet (YAG)
- Aluminum Oxynitride
Breakup by Application:
- Optics and Optoelectronics
- Aerospace, Defense and Security
- Sensors and Instrumentation
- Consumer Goods
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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