The global transparent ceramics market size reached US$ 549 Million in 2022. Looking forward, the publisher expects the market to reach US$ 1,732 Million by 2028, exhibiting a CAGR of 21.11% during 2022-2028.
Transparent ceramics are polycrystalline materials that transmit light in the visible, mid-wave, and long-wave infrared (IR) wavelengths of the electromagnetic spectrum. They are produced using ultra-high purity powders via tightly controlled processes, such as high-pressure (HP), high-isostatic pressure (HIP), vacuum, and spark-plasma sintering (SPS). They offer strength, hardness, and high thermal and scratch-resistance as compared to traditional optical glass and resins. As a result, they find extensive applications in scintillator components, solid-state lasers, transparent armors, bulletproof glasses, and non-linear optics around the world.
2. What is the expected growth rate of the global transparent ceramics market during 2023-2028?
3. What has been the impact of COVID-19 on the global transparent ceramics market?
4. What are the key factors driving the global transparent ceramics market?
5. What is the breakup of the global transparent ceramics market based on the type?
6. What is the breakup of the global transparent ceramics market based on the material?
7. What is the breakup of the global transparent ceramics market based on the application?
8. What are the key regions in the global transparent ceramics market?
9. Who are the key players/companies in the global transparent ceramics market?
Transparent ceramics are polycrystalline materials that transmit light in the visible, mid-wave, and long-wave infrared (IR) wavelengths of the electromagnetic spectrum. They are produced using ultra-high purity powders via tightly controlled processes, such as high-pressure (HP), high-isostatic pressure (HIP), vacuum, and spark-plasma sintering (SPS). They offer strength, hardness, and high thermal and scratch-resistance as compared to traditional optical glass and resins. As a result, they find extensive applications in scintillator components, solid-state lasers, transparent armors, bulletproof glasses, and non-linear optics around the world.
Transparent Ceramics Market Trends:
The rising employment of transparent ceramics in the aerospace and defense industry across the globe represents one of the key factors driving the market. They are widely used in helicopter windows and optical domes due to their heat resistance, stiffness, and durability. Moreover, the increasing demand for transparent armors to provide high-end and superior ballistic protection over glass laminates is propelling the growth of the market. In addition, there is a rise in the utilization of transparent ceramics in the construction industry to manufacture tiles, bricks, and pipes. This, along with the augmenting use of transparent ceramics as a substitute for glass, metal, and plastics, is stimulating the growth of the market. Besides this, the rising application of transparent ceramics in the optoelectronics industry for manufacturing optical switches, laser systems, lenses, and infrared night vision devices is positively influencing the market. Additionally, the increasing usage of infrared (IR) radiation, humidity, and temperature sensors worldwide are strengthening the market growth. Furthermore, several developments in ceramics to offer superior magneto-optic properties, illumination, and infrared (IR) lasing are projected to bolster the growth of the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global transparent ceramics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.Key Questions Answered in This Report
1. What was the size of the global transparent ceramics market in 2022?2. What is the expected growth rate of the global transparent ceramics market during 2023-2028?
3. What has been the impact of COVID-19 on the global transparent ceramics market?
4. What are the key factors driving the global transparent ceramics market?
5. What is the breakup of the global transparent ceramics market based on the type?
6. What is the breakup of the global transparent ceramics market based on the material?
7. What is the breakup of the global transparent ceramics market based on the application?
8. What are the key regions in the global transparent ceramics market?
9. Who are the key players/companies in the global transparent ceramics market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Transparent Ceramics Market
6 Market Breakup by Type
7 Market Breakup by Material
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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.
- Bank of America Corporation
- Barclays PLC
- Capital One Financial Corporation (Signet Financial Corporation)
- Citigroup Inc.
- JPMorgan Chase & Co
- Mastercard Inc.
- Synchrony
- The PNC Financial Services Group Inc.
- United Services Automobile Association
- Visa Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | March 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 549 Million |
| Forecasted Market Value ( USD | $ 1732 Million |
| Compound Annual Growth Rate | 21.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
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