The report aims to provide an overview of the glass ceramics market with detailed market segmentation by material, end-user industry and geography.
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The glass-ceramic material combines two types of materials to form a product that is in a class of its own between glasses and polycrystalline ceramics. Glass ceramics are produced from polycrystalline materials of fine microstructure through the process of crystallization of a glass.
Glass ceramics are fine grained polycrystalline materials formed when glasses of suitable compositions are heat treated and thus undergo controlled crystallization to the lower energy, crystalline state. These products exhibit practically no physical expansion over a wide temperature range.
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Some of the leading playes in Glass Ceramics market: Anchor Glass Container Corporation, Huntsman International LLC., ILVA Glass SpA, Jingniu Glass Ceramics Group Co., Ltd., Kedi Glass-Ceramic Industry Co., Ltd, KYOCERA Corporation, Nippon Electric Glass Co.,Ltd., Ohara Corporation, Saint-Gobain, SCHOTT AG
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The glass ceramics market is anticipated to grow rapidly over the forecast period owing to factors such as growing construction sector and upsurge demand from the industrial and commercial industries. Also, an increase in adoption of glass ceramics for newer applications, and urbanization in emerging economies such as China, India, and others will provide significant growth opportunities for glass ceramics market.
However, the high cost of manufacturing and price fluctuation are the prominent factors anticipated to restrict the growth of the market.
The global glass ceramics market is segmented on the basis of material and end-user industry. On the basis of material the global glass ceramic market is categorized into, aluminium, silicon, lithium and zirconium.
The glass ceramics market on the basis of the end-user industry is classified into electronics, healthcare, housing & construction, energy & power, aerospace, optical, industrial and others.The report analyzes factors affecting the glass ceramics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the glass ceramics in these regions.
The reports cover key developments in the glass ceramics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events.
Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.
The market payers from glass ceramics market are anticipated to lucrative growth opportunities in the future with the rising demand for glass ceramics in the global market. Below mentioned is the list of few companies engaged in the glass ceramics market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the glass ceramics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.