The transparent ceramics market is projected to reach USD 673.4 million by 2021, at a CAGR of 23.8% between 2016 and 2021. The market is driven by various end-user industries, such as optics & optoelectronics, aerospace, defense and security, sensors & instrumentation as well as low thermal expansion, superior properties over glass, metal and plastics.
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Transparent Ceramics Market: Global Forecasts to 2021
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The use of transparent ceramics is increasing across end-user industry, such as optics & optoelectronics, aerospace, defense and security, and sensors & instrumentation, among others. With the growing demand for transparent ceramics in end-user industry, its consumption is consequently expected to rise between 2016 and 2021.
1 Attractive Opportunity in the Transparent Ceramics Market
2 Transparent Ceramics Market: By Material
3 Transparent Ceramics Market Share, By End-User Industry and Region
4 Transparent Ceramics Market Growth Rate, By Country
5 Transparent Ceramics Market: Developed & Developing Nations
6 Transparent Ceramics Market, By End-Use Industry
Asia-Pacific is the global leader in the consumption of transparent ceramics, and is expected to dominate the market in the coming years.
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China, Japan, and India are the key countries in this region. The Asia-Pacific market is also expected to grow at the highest CAGR from 2016 to 2021.
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To determine the market size of various segments and sub-segments of the over the top market, extensive research is done. In Tier 1 (40%), Tier 2 (25%) and Tier 3 (35%) companies were contacted for interviews.
The interviews were conducted with various key people such as C-Level (35%) and Director Level (40%) and others (25%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (40%), Europe (30%), APAC (20%) and Row (10%).
Transparent Ceramics Market, By Type
2 Transparent Ceramics Market, By Type
3 Monocrystalline Transparent Ceramics
4 Polycrystalline Transparent Ceramics
5 Other Transparent Ceramics
Transparent Ceramics Market, By Material
3 Yttrium Aluminum Garnet (YAG)
4 Aluminum Oxynitride
This study estimates the market value for transparent ceramics during the forecast period (2016 to 2021). The major countries considered in the report are China, Japan, India, Germany, France, Italy, Canada, Mexico, and the U.S., Brazil, and Chile.
The market transparent ceramics market has been further classified on basis of type and material.
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Further, the report provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as Bright Crystals Technology (China), CeramTec ETEC (Germany), CoorsTek (U.S.), Konoshima Chemicals Ltd.
(Japan), Surmet Corporation (U.S.), Schott AG (Germany), and Murata Manufacturing Co. Ltd. (Japan) among others.
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
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