Transparent Ceramics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Transparent Ceramics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global transparent ceramics market size reached US$ 549 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,732 Million by 2028, exhibiting a growth rate (CAGR) of 20.3% during 2023-2028.

Transparent ceramics are polycrystalline materials that transmit light in the visible, mid-wave, and long-wave infrared (IR) wavelengths of the electromagnetic spectrum. They are produced using ultra-high purity powders via tightly controlled processes, such as high-pressure (HP), high-isostatic pressure (HIP), vacuum, and spark-plasma sintering (SPS). They offer strength, hardness, and high thermal and scratch-resistance as compared to traditional optical glass and resins. As a result, they find extensive applications in scintillator components, solid-state lasers, transparent armors, bulletproof glasses, and non-linear optics around the world.

Transparent Ceramics Market Trends:
The rising employment of transparent ceramics in the aerospace and defense industry across the globe represents one of the key factors driving the market. They are widely used in helicopter windows and optical domes due to their heat resistance, stiffness, and durability. Moreover, the increasing demand for transparent armors to provide high-end and superior ballistic protection over glass laminates is propelling the growth of the market. In addition, there is a rise in the utilization of transparent ceramics in the construction industry to manufacture tiles, bricks, and pipes. This, along with the augmenting use of transparent ceramics as a substitute for glass, metal, and plastics, is stimulating the growth of the market. Besides this, the rising application of transparent ceramics in the optoelectronics industry for manufacturing optical switches, laser systems, lenses, and infrared night vision devices is positively influencing the market. Additionally, the increasing usage of infrared (IR) radiation, humidity, and temperature sensors worldwide are strengthening the market growth. Furthermore, several developments in ceramics to offer superior magneto-optic properties, illumination, and infrared (IR) lasing are projected to bolster the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global transparent ceramics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, material and application.

Breakup by Type:

Monocrystalline Transparent Ceramics
Polycrystalline Transparent Ceramics
Others

Breakup by Material:

Sapphire
Yttrium Aluminum Garnet (YAG)
Spinel
Aluminum Oxynitride
Others

Breakup by Application:

Optics and Optoelectronics
Aerospace, Defense and Security
Mechanical/Chemical
Sensors and Instrumentation
Healthcare
Consumer Goods
Energy
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Elements, CeramTec GmbH, CeraNova Corporation, Compagnie de Saint-Gobain S.A., CoorsTek Inc., General Electric Company, II-VI Incorporated, Koninklijke Philips N.V., Konoshima Chemical Co. Ltd., Murata Manufacturing Co. Ltd., Schott AG and Surmet Corporation.

Key Questions Answered in This Report

1. What was the size of the global transparent ceramics market in 2022?
2. What is the expected growth rate of the global transparent ceramics market during 2023-2028?
3. What has been the impact of COVID-19 on the global transparent ceramics market?
4. What are the key factors driving the global transparent ceramics market?
5. What is the breakup of the global transparent ceramics market based on the type?
6. What is the breakup of the global transparent ceramics market based on the material?
7. What is the breakup of the global transparent ceramics market based on the application?
8. What are the key regions in the global transparent ceramics market?
9. Who are the key players/companies in the global transparent ceramics market?