Global Transparent Ceramics Market
Global Transparent Ceramics Market is expected to reach USD XX Million by 2026 from USD 347.95 Million in 2019 at a CAGR of XX %.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.
The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region
Global Transparent Ceramics Market
Escalating demand from optoelectronic segment is a vital driver for the transparent ceramics market. High production cost associated with transparent ceramics is dropping the growth rate of the transparent ceramics market.
Increasing investment by the defence sector on innovation of advanced materials and technologies and growing preference of monocrystalline transparent ceramics over traditional materials as they are less expensive are some other factor boosting the demand of transperant ceramic market.
Monocrystalline transparent ceramics, polycrystalline transparent ceramics and others are type segments of transperant ceramic market. Monocrystalline transparent ceramics is anticipated to hold major share for the market during the forecast period.
Monocrystalline transparent ceramics are used for applications requiring high optical transparency and mechanical strength.
Based on material, the Sapphire is expected to grow at a high CAGR during the forecast period owing to increasable demand for sapphire across various end-use industry verticals, such as optoelectronics, aerospace and defense, energy and security among others.
Geographically, the transparent ceramics market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.
Asia Pacific is predicted to grow at highest CAGR largest markets for transparent ceramics during the forecast period due to increasing demand from electronics and defense industries in major economies such as China and India.
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Scope of the report:
Transparent Ceramics Market, by Type:
• Monocrystalline transparent ceramics
• Polycrystalline transparent ceramics
Transparent Ceramics Market, by Material:
• Yttrium Aluminum Garnet
• Aluminum Oxynitride
Transparent Ceramics Market, by End-use Industry:
• Optics & Optoelectronics
• Aerospace, Defense & Security
• Sensors & Instrumentation
• Consumer goods/electronics
Transparent Ceramics Market, by Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Market:
• CoorsTek Inc. (U.S.)
• Schott AG (Germany)
• Surmet Corporation (U.S.)
• II-VI Optical Systems (U.S.)
• Brightcrystals Technology Inc. (China)
• CILAS (France)
• CeramTec-ETEC GmbH (Germany)
• Konoshima Chemicals Co., Ltd. (Japan)
• Ceranova Corporation (US)
• American Elements (US)
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