Transparent Ceramics Market size worth over $1bn by 2025

Transparent Ceramics Market size will likely surpass USD 1 billion by 2025; according to a new research report by Global Market Insights Inc.
 

The superior properties of transparent ceramics have led to substitution of glass in various high-end applications. The product is four times harder and stronger than the conventional glass. As a result, these materials are scratch proof and have a longer life, which make them appropriate for high wear conditions. These ceramics exhibit thermal resistance and can withstand high temperature up to 1,600°C, whereas the melting point of traditional glass is close to 500°C. Hence, transparent ceramics are appropriate to be used in blasting cubicles, dental kiln, transparent ballistic vehicle protection, etc.
 

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These advanced materials are developed on the basis of requirement, thus leading to an increased product pricing. High prices, lack of technological knowhow, limited current industrial acceptance, and recycling challenges associated with the product may hinder the transparent ceramics market growth over the coming years.
 

Browse key industry insights spread across 285 pages with 453 market data tables & 25 figures & charts from the report, “Transparent Ceramics Market Size By Product (Sapphire, Magnesium Aluminate Spinel [Mg-Spinel], Yttria Alumina Garnet [YAG], Aluminum Oxynitride), By Application (Optoelectronics, Defense & Security, Aerospace & Aviation, Healthcare Equipment), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/transparent-ceramics-market
 

Magnesium aluminate spinel or Mg-spinel is a significant product category which would likely grow at an annual growth rate of more than 23% in the coming years. This is a polycrystalline ceramic which is ideally used for production of high-performance optical components. Mg-spinel is produced by sintering process at high temperature and is available at a price lower than other products, thus promoting the transparent ceramics market demand.
 

Optoelectronic application segment will reach a market share of approximately 30% in 2025 owing to high usage of transparent in production of LED lighting, optical lenses, laser systems, optical insulators, amplifiers, transmitters, etc. High optical transparency, thermal resistance and strength are some the its features which makes it a better choice for all these optoelectronic devices. The rising trend in the global electronics industry would in turn boost the product sales in the coming years.
 

The global transparent ceramics market is led by North America, driven by the U.S. defense and optoelectronics sectors. The region will hold a share of around 45% in 2025 due to the research activities and product developments going on in the region.  The U.S. marks the highest military expenditure in the world, and application of such advanced materials in developing modern warfare weapons will drive the regional market over the coming years.
 

Some of the product manufacturers in the transparent ceramics market are Rubicon Technology, Inc., CeramTech, Surmet Corporation, Coorstek Corporation, Konoshima Chemical, Kyocera, CeraNova Corporation, Crystalwise Technology, Rayotek Scientific, Almatis, Hansol Technics, etc. The players are heavily investing in R&D activities to enhance the quality of transparent ceramics and meet the changing requirements of the end-user industries.
 

Transparent ceramics market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons & revenue in USD Thousand from 2014 to 2025, for the following segments:
 

Transparent Ceramics Market Product, by Application

• Sapphire transparent ceramics market
  • Optoelectronics
  • Defense & security
  • Aerospace & aviation
  • Healthcare equipment
  • Other applications
• Magnesium Aluminate Spinel
  • Optoelectronics
  • Defense & security
  • Aerospace & aviation
  • Healthcare equipment
  • Other applications
• Yttria Alumina Garnet
  • Optoelectronics
  • Defense & security
  • Aerospace & aviation
  • Healthcare equipment
  • Other applications
• Aluminum Oxynitride transparent ceramics market
  • Optoelectronics
  • Defense & security
  • Aerospace & aviation
  • Healthcare equipment
  • Other applications
• Others
  • Optoelectronics
  • Defense & security
  • Aerospace & aviation
  • Healthcare equipment
  • Other applications

Transparent Ceramics Market, by Application

• Optoelectronics
• Defense & security
• Aerospace & aviation
• Healthcare equipment
• Other applications

The above information of transparent ceramics market is provided on a regional and country basis for the following:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait