Global Transparent Ceramics Market by Sapphire Material to Hit Million Dollar by 2022

The global transparent ceramics market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, end users, and government organizations.

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The transparent ceramics market was valued at $ 219.2 Million in 2016 and is projected to reach $ 698.1 Million by 2022, at a CAGR of 21.3% from 2017 to 2022.
Companies operating in the global transparent ceramics market include
1. CoorsTek Inc. (U.S.),
2. Surmet Corporation (U.S.),
3. Schott AG (Germany),
4. II-VI Optical Systems (U.S.),
5. CILAS (France),
6. Brightcrystals Technology Inc. (China),
7. CeramTec-ETEC GmbH (Germany),
Target Audience
1. Transparent ceramics Manufacturers, Traders, Suppliers, and Distributors
2. Government and Research Organizations
3. End Users
4. Companies Operational in Material R&D
5. Associations and Industrial Bodies
6. Investment Banks
7. Consulting Companies/Consultants in Chemical and Material Sectors
8. Industry Associations

Polycrystalline transparent ceramics are being rapidly adopted due to their application-specific properties, including high thermal shock resistance, high temperature strength, chemical corrosion resistance, and erosion resistance and mechanical properties, such as high strength, fracture toughness, and impact & scratch resistance. High flexibility, ease in the production of larger shapes, and low cost are the other advantages that have led to the increasing adoption of polycrystalline transparent ceramics across various end-user industries.

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Asia-Pacific was the largest market of transparent ceramics in 2016, growth of this regional market is driven by the rising demand from electronics and defense industries in major economies such as China and India. Asia-Pacific is also estimated to be the fastest-growing transparent ceramics market. Asia-Pacific accounted for a share of 33.5% of the transparent ceramics market in 2016.
Profile break-up of primary participants for the report:
1. By Company Type: Tier 1 – 35 %, Tier 2 – 30%, Tier 3 – 35%
2. By Designation: C level – 25%, Director level – 30%, Others – 45%
3. By Region: Asia-Pacific – 45%, Europe – 25%, North America – 25%, RoW – 5%

Research Coverage:
The report defines, segments, and projects the global transparent ceramics market on the basis of type, end-use industry, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges. It also strategically profiles key players and comprehensively analyzes their market share and core competencies and tracks and analyzes competitive developments such as partnerships, contracts, and joint ventures; mergers & acquisitions; expansions; new product launches; and research & development activities in the market.

The rapid growth of the transparent ceramics market is largely driven by the growth in these end-use industries. However, the low availability and high cost of specialized raw materials required in the manufacturing process, along with the economic slowdown in Western Europe and the U.S. affecting the economy of other developed countries, can restrain the growth of this market.

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1. The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall transparent ceramics market and the subsegments.
2. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies.
3. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

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