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Global Polycrystalline Transparent Ceramics Expected to Reach 1.17 Billion USD in 2026

Author: QYResearch  |   Published Date: 2021-10-09   |   Views: 36



Polycrystalline Transparent Ceramics, a new class of advanced functional materials,  are polycrystalline ceramic materials, find diverse applications in strategic and civilian sectors owing to its unique combination of mechanical and transmission properties. Technological advancements in ceramic powder synthesis, shaping and sintering have made it possible to tailor the microstructural, mechanical and optical property relationships in case of advanced transparent ceramic materials. Transparent ceramic materials are classified broadly as visible, mid wave and long wave infrared regions. The transparent ceramic systems, which are explored currently, include ALON Transparent Ceramics, Sapphire Transparent Ceramics, Yttria Transparent Ceramics, Spinel Transparent Ceramics, YAG transparent ceramics and so on.

 

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.

 

Polycrystalline Transparent Ceramics are proving to be a promising alternative to traditional glass technologies and single-crystal technologies in various diverse application fields such as high-energy radiation detection, infrared domes, lasers, optical fibers, and armors.

 

The global Polycrystalline Transparent Ceramics market was valued at USD 406.35 million in 2020 and it is expected to reach USD 1171.88 million by the end of 2026, growing at a CAGR of 19.06% between 2021 and 2026.

 

CoorsTek, CeramTec ETEC, Surmet Corporation, II-VI Incorporated, CeraNova, Konoshima Chemicals, Saint-Gobain, Schott, Bright Crystals Technology, Shanghai SICCAS, are some of the key players, functioning in the global Polycrystalline Transparent Ceramics market. The industry is highly concentrated presently, with top 5 players holding more than 70% market share.

 

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