Transparent Ceramics Market Size, Share, Industry Growth 2022-27
The latest research study “Transparent Ceramics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global transparent ceramics market size 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, also known as polycrystalline materials, transmit light in the visible, mid-wave, and long-wave infrared (IR) wavelengths of the electromagnetic spectrum. They can be shaped as per requirements, and their productivity is more efficient than a single crystal. They are manufactured using ultra-high purity powders through tightly controlled processes, such as high-isostatic pressure (HIP), vacuum, high-pressure (HP), and spark-plasma sintering (SPS). They also provide several benefits, such as strength, hardness, and scratch resistance as compared to traditional optical glasses and resins. As a result, transparent ceramics are extensively applied in solid-state lasers, scintillator components, transparent armors, non-linear optics, and bulletproof glasses around the world.
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Transparent Ceramics Market Trends and Drivers:
The market is primarily driven by the increasing utilization of transparent ceramics in the defense and aerospace industry across the globe. They are widely used in optical domes and helicopter windows owing to their stiffness, durability, and heat resistance. In addition, the escalating demand for transparent armors to provide high-end and superior ballistic protection over glass laminates is contributing to the market growth.
Moreover, the rising employment of transparent ceramics in the construction industry to manufacture bricks, pipes, and tiles is accelerating the product demand. Besides this, transparent ceramics are also adopted across the electronics industry in lamps, light guides, light emitting diodes (LEDs), indicators, liquid-crystal displays (LCDs), organic light-emitting diode (OLEDs), plasma, optoisolators, bulbs, and reflectors.
This, coupled with the rising product application in the optoelectronics industry to produce laser systems, lenses, infrared night vision devices (NVD), and optical switches, represents another major growth-inducing factor. Furthermore, the increasing usage of infrared (IR) radiation, humidity, and temperature sensors worldwide are also creating a positive market outlook.
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Global Transparent Ceramics Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Transparent Ceramics Companies:
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
· Others
Breakup by Material:
· Sapphire
· Yttrium Aluminum Garnet (YAG)
· Spinel
· Aluminum Oxynitride
· Others
Breakup by Application:
· Optics and Optoelectronics
· Aerospace, Defense and Security
· Mechanical/Chemical
· Sensors and Instrumentation
· Healthcare
· Consumer Goods
· Energy
· Others
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
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