Transparent Ceramics Market will grow at 20% CAGR to hit USD 1 bn by 2025

Some of the key transparent ceramics market participants are Rubicon Technology, Inc., CeramTech, Surmet Corporation, Coorstek Corporation, Konoshima Chemical, Kyocera, CeraNova Corporation, Crystalwise Technology, Rayotek Scientific, Almatis, Hansol Technics, etc.

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The transparent ceramics market share from magnesium aluminate spinel or Mg-spinel product segment is expected to grow at over 23% CAGR during 2019 to 2025. This is a polycrystalline ceramic which is ideally used for production of high-performance optical components. Increasing efforts to counter terrorism will support growth in transparent ceramics market over the forecast timeframe. With the rising cases of terrorist attacks, trespassing, and counteractions, the armed forces will be required to operate at nighttime, resulting in an increased demand for night vision devices like binoculars, goggles, and cameras, which will positively influence the demand for transparent ceramics over the forecast years.

According to a report by Global Market Insights, the transparent ceramics market size will surpass USD 1 billion revenue in 2025. The optoelectronic application segment will reach a market share of approximately 30% in 2025 owing to high usage of transparent in production of LED lighting, optical lenses, laser systems, optical insulators, amplifiers, transmitters, etc. High optical transparency, thermal resistance and strength are some the its features which makes it a better choice for all these optoelectronic devices. The rising trend in the global electronics industry would in turn boost the product sales in the coming years.

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High acceptance of transparent ceramic properties in the global optoelectronics market is likely to be one of the primary drivers supporting industry size expansion. The burgeoning sale of optoelectronic devices such as photodiode, solar cells, light emitting diodes, optical fiber, and laser diodes will boost the demand for glass ceramics over the coming years.

The global security and defense sector is projected to cover a significant chunk of transparent ceramics market revenue over the forecast timeframe. According to the U.S. Department of Defense, there is a growing need for transparent ceramic armor and infrared windows for military personnel protection and reconnaissance applications.

Taking into account the capability of transparent ceramic armor to provide superior ballistic protection as compared to the traditional glass laminates, the U.S. defense sector has been working since last few years to introduce a new range of transparent ceramic materials. For instance, Air Force Research Laboratory has been working with Defense-wide Manufacturing Science and Technology (DMS&T) program in the manufacturing process of ALON powder. ALON is a light weight and high strength transparent ceramic material composed of aluminum, oxygen, and nitrogen. Surging use of ALON to manufacture infrared sensor windows and transparent armor is slated to fuel transparent ceramics market trends.

Browse key industry insights spread across 285 pages with 453 market data tables & 25 figures & charts from the report, “Transparent Ceramics Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:

The global transparent ceramics market is led by North America, driven by the U.S. defense and optoelectronics sectors. The region will hold a share of around 45% in 2025 due to the research activities and product developments going on in the region.  The U.S. marks the highest military expenditure in the world, and application of such advanced materials in developing modern warfare weapons will drive the regional market over the coming years.

Some of the product manufacturers in the transparent ceramics market are Rubicon Technology, Inc., CeramTech, Surmet Corporation, Coorstek Corporation, Konoshima Chemical, Kyocera, CeraNova Corporation, Crystalwise Technology, Rayotek Scientific, Almatis, Hansol Technics, etc. The players are heavily investing in R&D activities to enhance the quality of transparent ceramics and meet the changing requirements of the end-user industries.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


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