Transparent Ceramic Market size to grow by USD 935.98 million from 2022 to 2027, Driven by the growing importance of lightweight and high

Nov 25, 2023

NEW YORK, April 17, 2023 /PRNewswire/ -- The transparent ceramic market size is forecast to increase by USD 935.98 million from 2022 to 2027, at a CAGR of 21.19%, according to the recent market study by Technavio. The growth of the market will be driven by the growing importance of lightweight and high-performance materials, increased R&D spending, and increased use of electronic products. For more insights on the market share of various regions and several key market parameters in this report- Download a sample PDF in MINUTES.

Transparent ceramic market Vendor Analysis:

The global transparent ceramic market is moderately fragmented due to the presence of many small and large vendors. Technavio has extensively analyzed 15 major vendors, including 3M Co., AGC Inc., Almatis BV, CeramTec GmbH, CeraNova Corp., Compagnie de Saint Gobain, CoorsTek Inc., General Electric Co., Hansol Technics Co. Ltd., II VI Inc., Koninklijke Philips NV, Konoshima Chemical Co. Ltd., KYOCERA corp., Rubicon Technology Inc., SCHOTT AG, Superior Technical Ceramics, and Surmet Corp.

Get a holistic overview of the transparent ceramic market analysis. Download the Sample

Vendor Offerings -

3M Co. - The company offers transparent ceramic such as 3M Unitek gemini clear ceramic.

AGC Inc. - The company offers transparent ceramic such as Nepheline glass ceramics.

Almatis BV - The company offers transparent ceramic such as calcined aluminas.

Charts & data tables about market and segment sizes for a historic period (2017-2021) and forecast period (2023-2027) have been covered in this report. Download The Sample Report Now!

Key Benefits for Industry Players & Stakeholders –

The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.

It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.

The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

To get pre-requisite data and market analysis, ask for a custom report.

Transparent Ceramic - Market Segmentation:

This transparent ceramic market report extensively covers market segmentation by application (aerospace and defense, mechanical and chemical, healthcare, consumer goods, and others), type (crystalline and non-crystalline), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

The market share growth by the aerospace and defense segment will be significant for the market growth during the forecast period. Ceramics that are transparent, are able to function at extremely high temperatures, are typically lighter than metals, and can alter their electrical properties based on the purpose for which they are used. As a result, commercial aircraft, military aircraft, and space shuttles frequently employ it. Due to their numerous advantageous physical properties, transparent ceramics like alumina, silicon nitride, and aluminum nitride are currently utilized in the production of crucial aerospace components. These inorganic non-metallic materials have high mechanical strength and high dimensional stability at high temperatures.

Transparent Ceramic - Market Dynamics:

Key DRIVERS:

The growing importance of lightweight and high-performance materials is one of the factors that is notably driving the transparent ceramic market growth.

The demand for lightweight, high-performance materials is growing across a variety of end-use sectors. Energy savings and wear resistance are two of the many advantages of these cutting-edge materials for industrial use.

In high-friction applications, they are preferred as thermally conductive materials. The automotive, aerospace, and defense sectors frequently make use of these materials.

Ceramics are the most widely used high-performance material due to their non-conductivity, heat resistance, and thermal shock resistance.

Hence, the transparent ceramic market is expected to be driven by the need to reduce energy and labor costs during the forecast period.

Major Trends:

An emerging trend in the transparent ceramic market that is expected to fuel the growth of the market is the increasing demand for advanced ceramics.

Advanced ceramics have been widely used in automotive, aerospace, and medical applications over the past two decades.

However, the market in medical applications, research and development, and manufacturing of infrared (IR) windows/domes, lamp envelopes, optoelectronic components/devices, composite sheaths, and smartphone screens, for transparent ceramics are still in their infancy.

Customers have become more aware of advanced ceramics' advantages, such as their durability, biocompatibility, and high tensile strength, in recent years.

Hence, the worldwide growth in end-use applications is expected to drive the transparent ceramic market during the forecast period.

Key Challenges:

A major challenge in the transparent ceramic market that is expected to hamper market growth is the easy availability of substitutes.

A major obstacle to market expansion is the readily available alternative materials like glass metal.

The world's primary glass-delivering nations are Germany, Britain, the US, China, and Japan, and the fundamental bringing-in nations are the US, Germany, France, Japan, Australia, and Italy.

The European, North American, and Chinese business sectors together record around 75% of worldwide glass demand.

Europe is the glass market with the highest proportion of value-added products.

Hence, the availability and low cost of alternative materials, as well as rapid lifestyle changes, are expected to jeopardize the growth of the transparent ceramic market during the forecast period.

To get detailed insights about drivers, trends, and challenges, buy the report

What are the key data covered in this Transparent Ceramic Market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the transparent ceramic market between 2023 and 2027

Precise estimation of the size of the transparent ceramic market and its contribution to the market with a focus on the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the transparent ceramic market across APAC, North America, Europe, Middle East and Africa, and South America

A thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of the transparent ceramic market vendors

Get instant lifetime access to 17,000+ market research reports now. Technavio's SUBSCRIPTION platform

Related Reports:

The advanced ceramics market size in Europe is expected to increase by USD 498.46 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.20%. The report extensively covers advanced ceramics market segmentation in Europe by material (alumina ceramics, zirconia, aluminum titanate ceramic, silicon carbide ceramic, and others) and geography (Germany, Italy, the UK, France, and Rest of Europe). The use of advanced ceramics in medical implants and devices is notably driving the advanced ceramics market growth in Europe.

The automotive emissions ceramics market size is expected to increase to USD 27.22 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.25%. The report extensively covers automotive emissions ceramics market segmentation by type (honeycomb and GPF and DPF) and geography (APAC, Europe, North America, South America, and Middle East and Africa). The high demand from the automotive industry is notably driving the automotive emissions ceramics market growth.

Transparent Ceramic Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 21.19%

Market growth 2023-2027

USD 935.98 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

19.56

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 52%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3M Co., AGC Inc., Almatis BV, CeramTec GmbH, CeraNova Corp., Compagnie de Saint Gobain, CoorsTek Inc., General Electric Co., Hansol Technics Co. Ltd., II VI Inc., Koninklijke Philips NV, Konoshima Chemical Co. Ltd., KYOCERA corp., Rubicon Technology Inc., SCHOTT AG, Superior Technical Ceramics, and Surmet Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio's Materials Reports

Key Topics Covered:

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global transparent ceramic market 2017 - 2021

4.2 Application Segment Analysis 2017 - 2021

4.3 Type Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Application

6.1 Market segments

6.2 Comparison by Application

6.3 Aerospace and defense - Market size and forecast 2022-2027

6.4 Mechanical and chemical - Market size and forecast 2022-2027

6.5 Healthcare - Market size and forecast 2022-2027

6.6 Consumer goods - Market size and forecast 2022-2027

6.7 Others - Market size and forecast 2022-2027

6.8 Market opportunity by Application

7 Market Segmentation by Type

7.1 Market segments

7.2 Comparison by Type

7.3 Crystalline - Market size and forecast 2022-2027

7.4 Non-crystalline - Market size and forecast 2022-2027

7.5 Market opportunity by Type

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

9.4 North America - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 Middle East and Africa - Market size and forecast 2022-2027

9.7 South America - Market size and forecast 2022-2027

9.8 China - Market size and forecast 2022-2027

9.9 US - Market size and forecast 2022-2027

9.10 Japan - Market size and forecast 2022-2027

9.11 Germany - Market size and forecast 2022-2027

9.12 UK - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 3M Co.

12.4 AGC Inc.

12.5 Almatis BV

12.6 CeramTec GmbH

12.7 CeraNova Corp.

12.8 Compagnie de Saint Gobain

12.9 CoorsTek Inc.

12.10 General Electric Co.

12.11 II VI Inc.

12.12 Koninklijke Philips NV

12.13 Konoshima Chemical Co. Ltd.

12.14 KYOCERA corp.

12.15 Rubicon Technology Inc.

12.16 SCHOTT AG

12.17 Surmet Corp.

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/transparent-ceramic-market-size-to-grow-by-usd-935-98-million-from-2022-to-2027--driven-by-the-growing-importance-of-lightweight-and-high-performance-materials---technavio-301797652.html

SOURCE Technavio