The transparent ceramics market is projected to reach USD 673.4 million by 2021, at a CAGR of 23.8% between 2016 and 2021. The market is driven by various end-user industries, such as optics & optoelectronics, aerospace, defense and security, and sensors & instrumentation, among others. Furthermore, factors such low thermal expansion, superior properties over glass, metal and plastics, and increasing defense expenditure on advanced material and technologies are expected to drive the growth of the market in the coming years.
Complete report on global transparent ceramics market spread across 173 pages, profiling 10 companies and supported with 96 tables and 62 figures is now available at http://www.rnrmarketresearch.com/transparent-ceramics-market-by-type-monocrystalline-transparent-ceramics-polycrystalline-transparent-ceramics-others-material-sapphire-spinel-end-user-industry-optics-optoelectronics-mechanical-chemical-ts-to-2021-market-report.html .
The use of transparent ceramics is increasing across end-user industry, such as optics & optoelectronics, aerospace, defense and security, and sensors & instrumentation, among others. With the growing demand for transparent ceramics in end-user industry, its consumption is consequently expected to rise between 2016 and 2021.
Asia-Pacific is the global leader in the consumption of transparent ceramics, and is expected to dominate the market in the coming years. China, Japan, and India are the key countries in this region. The Asia-Pacific market is also expected to grow at the highest CAGR from 2016 to 2021.
Break-up of profile of primary participants for the report:
By Company Type – Tier 1 – 40 %, Tier 2 – 25% and Tier 3 – 35%
By Designation – C-level – 35%, Director-Level – 40%, Others – 25%
By Region – North America – 40%, Europe – 30%, Asia-Pacific – 20%, RoW – 10%
Further, the report provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as Bright Crystals Technology (China), CeramTec ETEC (Germany), CoorsTek (U.S.), Konoshima Chemicals Ltd. (Japan), Surmet Corporation (U.S.), Schott AG (Germany), and Murata Manufacturing Co. Ltd. (Japan) among others. Ask for the discount before order a copy of Transparent Ceramics Market by Type (Monocrystalline Transparent Ceramics, Polycrystalline Transparent Ceramics, Others), Material (Sapphire, Spinel), End-User Industry (Optics & Optoelectronics, Mechanical/Chemical), and Region - Global Forecasts to 2021 research report http://www.rnrmarketresearch.com/contacts/discount?rname=531863 .
This study estimates the market value for transparent ceramics during the forecast period (2016 to 2021). The major countries considered in the report are China, Japan, India, Germany, France, Italy, Canada, Mexico, and the U.S., Brazil, and Chile. The market transparent ceramics market has been further classified on basis of type and material.
On a related note, another research on Transparent Plastic Market Trends & Forecasts to 2020 says, the market for transparent plastics has grown significantly during the last few years and is projected to grow at a rapid pace in the next five years. North America is the largest market for transparent plastics, followed by Europe, Asia-Pacific, and RoW. Companies like SABIC Innovative Plastics (U.S.), Lyondell Basell Industries N.V. (U.K.), BASF SE (Germany), The Dow Chemical Company (U.S.), Lanxess A.G. (Germany), E.I. du Pont de Nemours & Co (U.S.), Evonik Industries (Germany), Bayer A.G. (Germany), PPG Industries (U.S.), and Teijin Ltd (Japan) have been profiled in this 204 pages research report at http://www.rnrmarketresearch.com/transparent-plastics-market-by-type-ps-pp-pc-tpu-pvc-abs-san-pmma-others-by-application-packaging-building-construction-automotive-electrical-electronics-consumer-goods-healthcare-others-by-region-trends-forecasts-to-2020-market-report.html .
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