Press release
Transparent Ceramics Market Growth, Trends, and Forecast, 2022-2031
๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐ญ ๐๐๐ซ๐๐ฆ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐๐๐The global transparent ceramics market was valued at US$ 487.7 Mn in 2021
It is estimated to grow at a CAGR of 21.7% from 2022 to 2031
The global transparent ceramics market is expected to reach US$ 2.85 Bn by the end of 2031
๐๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ -https://www.transparencymarketresearch.com/transparent-ceramics-market.html
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐ญ ๐๐๐ซ๐๐ฆ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
Transparent ceramics are extremely durable crystalline advanced industrial materials with excellent optical transparency in ultraviolet, visible, and infrared radiations up to approximately 5-meter wavelength. These ceramics are crystal-like and glassy. Polycrystalline transparent ceramics are used as optically transparent materials in different forms. They are derivatives obtained from silica-based glass through crystallization. Monocrystalline transparent ceramics are widely used as substitutes for conventional glass. Transparent ceramics possess higher thermal resistance than glass or resin. They are stronger and harder. Transparent ceramics can also be shaped more freely. Additionally, they are more efficient than single crystals.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐ญ ๐๐๐ซ๐๐ฆ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
The consumer electronics industry has been growing significantly since the last few years. Consumer electronics is a vital market for transparent ceramics. Demand for electrical and electronics equipment is expected to increase at a significant pace in the near future, due to the rise in demand for smartphones, laptops, tablets, and portable electrical appliances. Use of transparent ceramics has been increasing in the electronics industry, owing to their exceptional transparency properties that allow them to be employed in light emitting diodes (LEDS), indicators, lamps, bulbs, reflectors, light guides, LCDs, OLEDs, plasma and similar displays, and opto-isolators. Demand for transparent ceramics in the consumer electronics industry is anticipated to rise steadily during the forecast period.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8500
China has become the hub of electronics production in Asia Pacific since the last few years. The electronics industry is largely dependent on macroeconomic developments and government activities. The Government of China plans to invest US$ 150.0 Bn in the electronics industry over the next few years to strengthen its position in the market. Thus, strong government initiatives and the need for high-quality electronic devices are the reasons for the high demand for transparent ceramics that are used in consumer electronics.
The recent 'Make in India' government campaign has encouraged companies to lower imports and develop quality products. Furthermore, emphasis on digitization and strong foreign direct investments (FDI) are likely to propel the electronics sector. This is estimated to augment the transparent ceramics market in India.
๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐ญ ๐๐๐ซ๐๐ฆ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐ ๐๐๐๐๐ง๐ฌ๐ ๐๐๐๐ญ๐จ๐ซ๐ฌ
Demand for polycrystalline transparent ceramics is increasing significantly in sectors such as aerospace, military vehicles, and defense. Rise in production of new aircraft is likely to drive the growth of the transparent ceramics market. Transparent ceramics are lighter than most metals and stable at temperatures substantially above high-grade technical plastics. As a result, structural ceramic applications include thermal protection systems in rocket exhaust cones, insulating tiles for space shuttles, missile nose cones, and engine components.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=8500
Sapphire is a commonly used ceramic material in the aerospace sector. It is used in advanced optical domes, transparent armor, and conformal optical windows owing to its properties such as abrasion resistance, high operating temperature, and high strength. Transparent ceramics, especially ceramic armors, are ideal for application in the defense & security sector due to their properties such as high-strength, stiffness, and resistance to chemical and heat. The global defense & security industry has been growing since the last few years, owing to the heightened need for security across the world. Countries such as the U.S., China, Russia, and India have increased their defense spending. This is likely to propel the demand for transparent ceramics in these countries during the forecast period.
๐๐ข๐ ๐ก ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ฉ๐ฉ๐ก๐ข๐ซ๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐ข๐ง ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐ญ ๐๐๐ซ๐๐ฆ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
In terms of material, the transparent ceramics market has been classified into sapphire, yttrium aluminum garnet, aluminum oxynitride, spinel, and others. Sapphire was the largest market of transparent ceramics in 2021. The segment is anticipated to grow at a CAGR of 22.9% during the forecast period. Sapphire's crystal structure is rhombohedral; thus, its properties are anisotropic, varying with crystallographic orientation. Transparent sapphire is one of the most mature transparent ceramics in terms of production and application. High level of maturity of sapphire in terms of production and application can be ascribed to two areas of business: electromagnetic spectrum windows for missiles and domes; and electronic/semiconductor industries and applications.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=8500
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐ญ ๐๐๐ซ๐๐ฆ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
In terms of value, Asia Pacific dominated the global transparent ceramics market with 42.2% share in 2021. The region is expected to remain highly lucrative during the forecast period, due to rapid industrialization and growth in electronics and aerospace industries. China is a key country of the transparent ceramics market in Asia Pacific, owing to the growth of industries such as electronics and energy. China is a major hub for electronics products that employs transparent ceramics due to the latter's superior properties over metals and alloys.
Europe constituted 21.8% share of the global transparent ceramics market in 2021. The market in the region is expected to grow at a CAGR of 21.3% during the forecast period. Europe is an attractive region of the global transparent ceramics market, led by the rise in industrial automation and technological reforms in the region. Latin America held 4.8% share of the global transparent ceramics market in 2021. Growth in the aerospace sector in Brazil is driving the transparent ceramics market in the region.
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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๐๐จ๐ง๐ญ๐๐๐ญ
Rohit Bhisey
Transparency Market Research Inc.
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