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Laser Materials Market: Covid 19 Impact Outlook, Regional Analysis, Competitive Landscape, Growth Prospects & Forecast -2026 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Global Market Scenario of Laser Materials Industry • In the latest research report collated by Global Market Insights Inc., laser materials market size is projected to surpass US$ 1.56 billion by 2026. • In a bid to stay ahead of the curve, stakeholders are likely to introduce state-of-the-art technologies to spur laser materials market share. Advancements in technology and increased adoption of ceramics, plastics and metal lasers have augured well for leading companies vying to expand their portfolios. • Stakeholders expect laser materials processing to play an invaluable role in laser cutting, drilling, micro fabrication and additive manufacturing. The popularity of high-brightness lasers, including disk lasers, fiber and ultra-fast lasers, has further instilled the confidence in stakeholders. • Research and development activities in novel technology development, modeling and optimization have surged in the past several years. Laser material processing technologies are fueling growth in end-markets owing to penetration of laser applications and reduced cost of laser systems. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Continue:- • Amid the fallout stemming from COVID-19, leading companies are cashing in on the claim that lasers could rev up coronavirus diagnostics. Lasers may help identify viruses by shining a light on a disposable cartridge which collects samples from oral cotton swabs. • Laser materials are poised to help towards the diagnostic, while new scientific evidences may enable health agencies to enhance biosafety measures and derail cross contamination when dealing with COVID-19. • Trends in ceramics laser • Of late, ceramic laser materials have set the trend and are profoundly used in high powered laser given that the high power induced thermal ingredients. End-users demand ceramic materials with low dependence of the index of refraction on temperature, low thermal expansion coefficients and low dependence on the optical path temperature length. • Ceramics have become a highly sought-after material in light of developments in ceramization processes which deliver low-temperature synthesis routes. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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360° Industry Analysis • Restraints in the form of high power consumption • Leading companies are gearing to surmount the potential challenges such as high power consumption and high costs associated with laser materials. Moreover, the current pandemic (COVID-19) is likely to dent the growth of the industry. • Laser materials market outlook is likely to be bullish with ceramics gaining impetus across end-markets, while healthcare and military end-use applications becoming major recipients of laser materials. Request for customization:https://www.gminsights.com/roc/1600 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Competitive Analysis: • BASF, GrafTech International, Dow Chemical Company, Evonik, Aurubis AG, Taishan Fiberglass, Mitsubishi Chemical Holdings Corporation, CeramTec GmbH, Corning Incorporated, Sinopec Shanghai Petrochemical Group, Asahi Glass Co., Universal Laser Systems, Norilsk Nickel, Anglo American, Morgan Advanced Materials are some of the key players operating in the Laser Materials Market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Laser Materials Market@ https://www.gminsights.com/industry-analysis/laser-materials-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/1600 Request for customization: https://www.gminsights.com/roc/1600 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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