Transparent Ceramics Market to Reach a Value of ~US$ 1.6 Bn by 2027: Transparency Market Research

1. Transparent Ceramics Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

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3. Transparent Ceramics Market: Key Highlights The global transparent ceramics market was valued at ~ US$ 275 Mn in 2018, and is anticipated to expand at a CAGR of ~ 22% during the forecast period. The global transparent ceramics market is driven by the rise in the demand for electrical & electronics (E&E) and sensors & instrumentation applications. Asia Pacific accounts for a prominent share of the global transparent ceramics market, led by an increase in the demand for electric, electronic, and healthcare products in the region. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Key Drivers of the Global Transparent Ceramics Market • Transparent ceramics are used as optically transparent materials in different forms. The global transparent ceramics market is anticipated to expand rapidly during the forecast period, owing to the increase in the adoption of energy-efficient materials across the world. • Transparent ceramics are widely employed in the production of components of eco-friendly optical fibers and humidity sensors. This is likely to drive the global transparent ceramics market during the forecast period. • Growth of the medical industry, led by the rise in population, is projected to drive the global transparent ceramics market during the forecast period. Energy-saving potential, cost-saving potential, and durability of transparent ceramics are key factors likely to augment the global market during the forecast period.

5. Sapphire Material to Offer Attractive Opportunities The sapphire segment accounted for a major share of the global transparent ceramics market in 2018. It is estimated to be a highly attractive segment during the forecast period. Sapphire-based transparent ceramics are used in a broad range of end-use industries such as optoelectronics, aerospace & defense, and security. Sapphire is a single-crystal aluminum oxide (Al2O3), which is primarily used when standard glass and technical ceramics cannot meet the demand of certain applications in terms of high transparency. ©2019 Transparency Market Research, All Rights Reserved

6. Key players operating in the global transparent ceramics market are 3M, CeramTec II-VI Optical Systems Kyocera Corporation Saint-Gobain Ceramic Materials SCHOTT AG  Murata Manufacturing Co., Ltd Surmet Corporation Rauschert GmbH McDanel Advanced Ceramic Technologie ©2019 Transparency Market Research, All Rights Reserved

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