Transparent Ceramics Market to Reach a Value of ~US$ 1.6 Bn by 2027: Transparency Market Research

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Transparent Ceramics Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2027

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Transparent Ceramics Market Key
Highlights

• The global transparent ceramics market was valued
  at  US 275 Mn in 2018, and is anticipated to
  expand at a CAGR of  22 during the forecast
  period.
• The global transparent ceramics market is driven
  by the rise in the demand for electrical
  electronics (EE) and sensors instrumentation
  applications.
• Asia Pacific accounts for a prominent share of
  the global transparent ceramics market, led by an
  increase in the demand for electric, electronic,
  and healthcare products in the region.

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Key Drivers of the Global Transparent Ceramics
Market

• Transparent ceramics are used as optically
  transparent materials in different forms. The
  global transparent ceramics market is anticipated
  to expand rapidly during the forecast period,
  owing to the increase in the adoption of
  energy-efficient materials across the world.
• Transparent ceramics are widely employed in the
  production of components of eco-friendly optical
  fibers and humidity sensors. This is likely to
  drive the global transparent ceramics market
  during the forecast period.
• Growth of the medical industry, led by the rise
  in population, is projected to drive the global
  transparent ceramics market during the forecast
  period. Energy-saving potential, cost-saving
  potential, and durability of transparent ceramics
  are key factors likely to augment the global
  market during the forecast period.

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Sapphire Material to Offer Attractive
Opportunities

• The sapphire segment accounted for a major share
  of the global transparent ceramics market
  in 2018. It is estimated to be a highly
  attractive segment during the forecast period.
• Sapphire-based transparent ceramics are used in a
  broad range of end-use industries such as
  optoelectronics, aerospace defense, and
  security.
• Sapphire is a single-crystal aluminum oxide
  (Al2O3), which is primarily used when standard
  glass and technical ceramics cannot meet the
  demand of certain applications in terms of high
  transparency.

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Key players operating in the global transparent
ceramics market are

• 3M, CeramTec
• II-VI Optical Systems
• Kyocera Corporation
• Saint-Gobain Ceramic Materials
• SCHOTT AG 
• Murata Manufacturing Co., Ltd
• Surmet Corporation
• Rauschert GmbH
• McDanel Advanced Ceramic Technologie

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