0

Monocrystalline Transparent Ceramics Market to Reach $327 Million, Globally, by 2022

 
2022
Monocrystalline Transparent Ceramics Market

Report Code : A01726

quote Increased application of monocrystalline transparent ceramics in optics & optoelectronics industries is expected to offer major opportunities to the global market. The Asia-Pacific region shows promising opportunity, due to the high volume of population, strong manufacturing base, and governmental policies favoring foreign investment, resulting in the development of the market in the emerging countries. quote

Eswara Prasad
Team Lead, Chemicals & Materials at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

Monocrystalline Transparent Ceramics Market was valued at $106 million in 2015 and is expected to garner $327 million by 2022, registering a CAGR of 18.1% during the forecast period 2014 - 2022. Optics & optoelectronics was the highest contributor to the global monocrystalline transparent ceramics market in 2015. In the same year, Asia-Pacific held the leading position, and is expected to lead in the near future.

Access Full Summary at: https://www.alliedmarketresearch.com/monocrystalline-transparent-ceramics-market

Monocrystalline transparent ceramics are used as a substitute to traditional glass, due to their superior mechanical properties with transparency similar to that of the glass. Improved and better durability, hardness, reduced optical losses, and improved reliability make it a more accepted alternative. Uniformity of the crystal structure is a critical component, which can be easily controlled while synthesizing monocrystalline ceramics as opposed to polycrystalline ceramics.

Rise in expenditure by the defense sector on development of advanced materials and associated technologies is expected to increase the market demand for monocrystalline transparent ceramics, owing to the numerous advantages it offers for the making defense oriented equipments like ballistic-protecting armor and windows, face-shields, night-vision goggles. Technologies like tactical high-energy laser are thought to change the scenario of future battles. Monocrystalline transparent ceramics being thermally less expansive can eliminate the problem of periodic replacement of traditional materials.

High-cost associated with its manufacturing may slow down the overall growth. Non-recyclability leads to the loss of precious raw materials. However, the cost-reduction by reducing size but enhancing properties of materials is the biggest advantage offered in nanotechnology which is expected to positively influence the monocrystalline transparent ceramics market.

Sapphire material was the highest revenue generator in 2015, as the production techniques are analyzed and is a well-known material in various applications. Its exceptional mechanical strength and superior transparency makes it suitable to be used in optoelectronics. Sapphire is the first choice as a substrate or a base material in electronics & semiconductor industry. Its scratch-resistance properties are being harnessed in developing transparent armor and increasing protection of ballistic vehicles.

Optics & optoelectronics application generated highest revenue in 2015, since electronics industry has grown rapidly and lasers are being researched for various uses. Optoelectronic components utilize transparent ceramic materials as substrate for various electronic components. Use of lasers for cutting, packaging, inspection, surgical treatments, printers, and weaponry systems is increasing, which is expected to fuel the demand for monocrystalline transparent ceramics during the forecast period.

Key findings of Monocrystalline Transparent Ceramics Market

  • The optics & optoelectronics application occupied the highest share in 2015, and is expected to grow at the highest CAGR, in terms of value, during the forecast period
  • Asia-Pacific is the leading consumer of monocrystalline transparent ceramics, accounting for approximately one-third share of the global market, followed by North America in 2015
  • Sapphire is expected to witness the highest CAGR during the forecast period
  • China is the leading market in the Asia-Pacific region, accounted for three-fifths of the Asia-Pacific market in 2015
  • Germany and UK collectively accounted for half of the Europe market in 2015

Asia-Pacific accounted for the largest market share in 2015, and is projected to grow at the highest CAGR during the forecast period. Monocrystalline ceramics can be used as substitutes to glass, metals, and plastics, and thus is an excellent choice for transparency-depending applications. Rise in defense expenditure on advanced material and technologies is expected to increase the market demand for monocrystalline transparent ceramics during the forecast period.

The key players profiled in this report include Brightcrystals Technology Inc., Ceramtec ETEC, Ceranova Corporation, CILAS, Coorstek Inc., II-VI Incorporated, Konoshima Chemicals Co., Ltd., Murata Manufacturing Co. Ltd., Schott AG, and Surmet Corporation.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Monocrystalline Transparent Ceramics Market by Material {Sapphire (Al2O3), Yttrium Aluminum Garnet (YAG), Aluminum Oxynitride[(AlN)x.(Al2O3)1-x)], and Yttria (Y2O3)}, and Application {Optics & Optoelectronics, Aerospace, Defense & Security, Healthcare, and Others (Sensors & Instrumentation and Energy)} - Global Opportunity Analysis and Industry Forecast, 2014-2022 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Nov 2024

Plush Toy Market

Download Sample

Buy Full Version
"Monocrystalline Transparent Ceramics Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers