Global transparent ceramics market is projected to register growth at a formidable rate during the forecast period, 2023-2027. Transparent ceramics are crystal-like and glassy that are used as optically transparent materials for various applications. The market growth can be attributed to the increasing technological trends and rising interest from aerospace and defence industries. Besides, increasing demand for transparent ceramics in optics & sensors, defense, healthcare, aerospace, etc. is expected to boost the growth of the global transparent ceramics market. Additionally, increasing replacement of metal and glass by transparent ceramics in consumer & household goods, defense & security fields, sensors & instrumentation, etc. is driving the adoption of transparent ceramics. Moreover, rapidly expanding consumer electronics industry, owing to rise in demand for smartphones, laptops, tablets, and other portable electrical appliances are expected to aid the market growth. Furthermore, increasing emphasis on digitization by governments in various developing countries for macroeconomic developments are projected to fuel the market growth.
The global transparent ceramics market is segmented on the basis of type, material, end-use industry, and region. Based on material, the market has been categorised into sapphire, aluminium oxynitride, spinel, yttrium aluminium garnet and others. In 2021, the sapphire segment dominated the market and is projected to maintain its dominance over the next five years as well since it is primarily used where standard glass and technical ceramics cannot meet the high transparency demand of the specific applications. Based on type, the market has been categorised into monocrystalline transparent ceramics, polycrystalline transparent ceramics, others. In 2021, the Monocrystalline transparent ceramics is the largest and the fastest growing segment of the transparent ceramics market since these are widely used in optoelectronics and aerospace, defence & security applications. In 2021, the APAC region dominated the market owing to rising demand from electronics and defence industries.
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Some of the leading players in the global transparent ceramics market are Coorstek, Inc., CILAS, II-VI Optical Systems, American Elements, Ceranova Corporation, Murata Manufacturing Co. Ltd., Brightcrystals Technology Inc., Ceramtec-Etec GmbH, Konoshima Chemicals Co. Ltd., Surmet Corporation, etc.
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Attribute
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Details
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in
Units, CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue Forecast, Volume Forecast, Company
Share, Competitive Landscape, Growth Factors, And Trends
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Segments covered
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By Type
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By Application
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Region scope
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Asia Pacific; Europe & CIS; North
America; South America; Middle East & Africa
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Country scope
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China, India, Japan, South Korea, Australia,
Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United
States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi
Arabia, UAE, Qatar
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Key companies profiled
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Coorstek, Inc., CILAS, II-VI Optical
Systems, American Elements, Ceranova Corporation, Murata Manufacturing Co.
Ltd., Brightcrystals Technology Inc., Ceramtec-Etec GmbH, Konoshima Chemicals
Co. Ltd., Surmet Corporation
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Customization scope
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10% free report customization with
purchase. Addition or alteration to regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to
meet your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
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