Title: Transparent Ceramics Market growth outlook with industry review and forecast 2019-2025
1 Transparent Ceramics Market Growth outlook with
industry review and forecast 2019-2025
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2Global Market Scenario of Transparent Ceramics
Industry
- According to a new research report by Global
Market Insights, Inc. Transparent Ceramics Market
size will likely surpass USD 1 billion by 2025. - 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 1,600C, whereas
the melting point of traditional glass is close
to 500C. Hence, transparent ceramics are
appropriate to be used in blasting cubicles,
dental kiln, transparent ballistic vehicle
protection, etc. - The products also exhibit good corrosion
resistance, making it suitable to be used in
different chemical processes. Polycrystalline
transparent ceramics can be mold freely, and they
are useful for achieving complex shaped products.
Hence, its enables to miniaturize optical lenses
with better efficiency in comparison to glass.
Increasing product development activities by
market participants would help to further improve
the product qualities and would augment the
transparent ceramics market growth in the coming
years.
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3Continue-
- 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.
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5360 Industry Analysis
- 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. -
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6Industry Background
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7- Competitive Analysis
- 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 RD
activities to enhance the quality of transparent
ceramics and meet the changing requirements of
the end-user industries.
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8Latest Research Report On Transparent Ceramics
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