Press release
Global Glass Like Carbon Market Growth Analysis and Forecast (CAGR 5.36%) for the Years 2023-2025
Glass Like Carbon Market
Glass-like carbon, also known as vitreous carbon, is a unique form of carbon that has high strength, hardness, and corrosion resistance. It is used in a wide range of applications such as aerospace, electronic components, medical devices, and others. The global glass-like carbon market is expected to grow at a significant rate over the forecast period, and this report provides an analysis of the market with a focus on the compound annual growth rate (CAGR).
Market Overview:
According to a report by Persistence Market Research, the global glass-like carbon market was valued at USD 1,293.9 million in 2017 and is expected to reach USD 1,789.2 million by 2025, growing at a CAGR of 5.36% during the forecast period of 2017 to 2025.
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Drivers, Restraints, and Challenges:
Drivers:
• Growing demand for lightweight and high-strength materials in various end-use industries such as aerospace, automotive, and electronics.
• Increasing adoption of glass like carbon in the manufacturing of wind turbine blades due to its superior mechanical properties.
• Rising demand for corrosion-resistant materials in the chemical processing industry.
Restraints:
• High cost associated with the production of glass like carbon.
• Limited availability of raw materials required for the production of glass like carbon.
• Lack of awareness about the benefits and applications of glass like carbon among end-users.
Challenges:
• Development of cost-effective manufacturing processes for glass like carbon to make it more accessible to a wider range of end-users.
• Finding new and innovative applications for glass like carbon to expand its market potential.
• Addressing the environmental concerns associated with the production and disposal of glass like carbon.
Segmentation:
Basis of type
• Hardening Type
• Medium Temperature Type
• High Temperature & High Purity Type
Basis of application
• Semiconductor
• Manufacturing Process (Continuous or Strand Casting)
• Heat Treatment Process
• Others
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Key Players:
E&B Rubber Metal Products Pvt. Ltd.
Carbone Lorraine
SGL Group The Carbon Company
Toyo Tanso Co.,Ltd
Schunk
Sinosteel Corporation
FangDa
Hitachi Chemical
Nisshinbo Chemical Inc.
Morgan Advanced Materials
This report covers a thorough analysis of:
• Market segment
• Market dynamics
• Market size
• Supply demand
• Current Trends/Issues/Challenges
• Competition and related companies
• Technology
• Value chain
Regional analysis includes:
• North America (USA, Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, UK, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia and New Zealand)
• Japan
• Middle East and Africa (GCC countries, South Africa, North Africa)
Report highlights:
• Detailed overview of the top markets
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• competitive landscape
• Strategies of major players and products provided
• Potential and niche segments, areas showing promising growth
• A neutral view of market performance
• Essential information for market participants to maintain and strengthen their market footprint
Click on the link to pre-book the report: https://www.persistencemarketresearch.com/checkout/19438
Related Reports -
High Purity Alumina Market: https://www.persistencemarketresearch.com/market-research/high-purity-alumina-market.asp
Flat Glass Market: https://www.persistencemarketresearch.com/market-research/flat-glass-market.asp
Metallic Glass Market: https://www.persistencemarketresearch.com/market-research/metallic-glass-market.asp
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.
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