Transparent Ceramics Market – A Global Outlook to 2024: CAGR to Grow at 21.3% – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Transparent Ceramics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global transparent ceramics market to grow with a CAGR of 21.3% over the forecast period of 2018-2024.
Rapidly growing optical and optoelectronics applications of transparent ceramics drives the growth of transparent ceramics market worldwide. The transparent ceramics is the best suitable substitute for the glass, metal and the plastics as they offer high strength, resistance and other properties as compared to glass, metal and plastic.
In addition the growing investment in the advanced materials and technologies among the defense, aerospace and other sectors are likely to boost the growth of transparent ceramics market. However, the high cost of transparent ceramics is hampering the growth of transparent ceramics market. The ongoing advancements in the nanotechnology is expected to contribute in the growth of transparent ceramics market over the forecast period.
Moreover, major companies are focusing on the research and developments in the transparent ceramics market as the demand of advance and high performance material is increasing from the aerospace sector. Rising investments in the transparent ceramic market from the aerospace sector is projected to create several opportunities in this market.
Among the geographies, Asia Pacific is the largest and the fastest growing region in the transparent ceramics market. The growing uses of transparent ceramics in the military applications such as aircraft, transparent armors, IR windows, laser windows, military aircraft lenses and others are driving the growth of transparent ceramics market in Asia Pacific region. Also, the growing defense and military expenditure in emerging countries likely to boost the transparent ceramics market in Asia Pacific region.
Key Topics Covered
2. Executive Summary
3. Global Transparent Ceramics Market Overview
4. Transparent Ceramics Market Macro Indicator Analysis
5. Global Transparent Ceramics Market by Type
6. Global Transparent Ceramics Market by End-Use Industry
7. Global Transparent Ceramics Market by Region 2018-2024
8. Company Profiles & Competitive Landscape
- Surmet Corporation
- II-VI Optical Systems
For more information about this report visit https://www.researchandmarkets.com/research/937fmq/transparent?w=4
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Related Topics: Ceramics