Global Transparent Ceramics Market Size, Industry Share, Trends, Growth, Scope, Analysis Report and Forecast 2022-2027
According to the latest report by IMARC Group, titled "Global Transparent Ceramics Market Size, Share, Industry Trends, Growth, Analysis Report 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.
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Report
Metric |
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Historical:
2016-2021 |
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Base Year:
2021 |
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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:
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.
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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latest primary and secondary data (2022-2027) with Cost Module, Business
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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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information products include major market, scientific, economic and
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and high technology organizations. Market forecasts and industry analysis for
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company’s expertise.
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