According to a market report by Lucintel, the future of the global transparent ceramic market looks promising with opportunities in the optics & optoelectronics, aerospace, defense & security, mechanical/chemical, sensors & instrumentation sector. The global transparent ceramic market is expected to grow with a CAGR of 4% from 2024 to 2031. The major drivers for this market are increasing miniaturization of electronic devices, equipment, and components and the rise in the need for modernization in environmental engineering.
A more than 150-page report to
understand trends, opportunity and
forecast in global transparent ceramic market to 2031 by end use (optics &
optoelectronics, aerospace, defense & security, mechanical/chemical,
sensors & instrumentation, and others), material type (sapphire, yttrium
aluminum garnet, aluminum oxynitride, spinel, and others (yttria & cubic
zirconia)), product type (monocrystalline transparent ceramics, polycrystalline
transparent ceramics, and others (glass-ceramics, glass-crystal, and
nanomaterials)), and region (North America, Europe, Asia Pacific, and Rest of
the World).
Lucintel
forecasts that optics & optoelectronics will remain the largest end use
industry over the forecast period due to increasing demand for transparent ceramic
products due to their optical transparency and high temperature, corrosion
resistance, insulation, and sheer strength.
Sapphire
will remain the largest material type and it is also expected to witness the
highest growth over the forecast period due to the growing demand for low cost,
transparent ceramic in structural applications.
Download
sample by clicking on transparent
ceramic market.
Asia
Pacific is expected to remain the largest region and witness the highest growth
over the forecast period due to the anticipated growth in the end user
industries and increasing focus on high performance transparent ceramic.
CeramTec,
CoorsTek Inc., Schott AG, Bright Crystals Technology Inc., II-VI Optical
Systems, Surmet Corporation, American Elements, Ceranova Corporation, CILAS,
Konoshima Chemicals are the major suppliers in the transparent ceramic market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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