DUBLIN, Nov. 9, 2021 /PRNewswire/ — The “Glass Ceramics: Global Markets to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global market for glass ceramics is estimated to grow from $1.4 billion in 2021 to reach $1.8 billion by 2026, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2021-2026.
The North American market for glass ceramics is estimated to grow from $356.9 million in 2021 to reach $474.9 million by 2026, at a CAGR of 5.9% during the forecast period of 2021-2026.
The Asia-Pacific market for glass ceramics is estimated to grow from $560.0 million in 2021 to reach $783.7 million by 2026, at a CAGR of 7.0% during the forecast period of 2021-2026.
Report Scope
Global markets, glass ceramics segments and growth forecasts through 2026 are offered. Sales value estimates are based on prices in the supply chain. Market-driving forces and industry structure are examined. International aspects are analyzed for all global regions and for types of glass ceramics. Profiles of major global manufacturers are presented.
Glass ceramics had substantial growth in the field of electronics, optical materials, dentistry and severe thermal mechanical environments. Glass ceramics are valued for high technology and specialty applications, with numerous advantages over conventional powder processed ceramics: reproducibility of microstructure, uniformity and very low or null porosity. Generally, glass ceramic systems exist, as the ZAS system (ZnO Al2O3 nSiO2), LAS system (Li2O Al2O3 nSiO2) and the MAS system (MgO Al2O3 nSiO2).
In the field of medical and dentistry, glass ceramics are mainly used for implants in bone and in dental prostheses. As for electronics, glass ceramics have diverse use in microelectronic packing and electronic components. The superior properties of the microstructure, dimensional stability and variation of the chemical composition make it an ideal choice in electronics.
Its unique properties make for extensive applicability. The presence of stringent regulations imposed by regulatory authorities ensure reduction of harmful emissions from manufacturing units, further boosting market size during the forecast period.
The massive projected size is mainly attributed to the technological advancements in this region. China dominates the glass ceramics market due to rising power generation, semiconductor and electronics, infrastructure development and chemical processing industries in the country.
Entry of new industry participants and distribution networks strengthened by international players in the country will further support market growth over the forecast period. The advanced ceramics industry supports aerospace, automotive, communication computers, medical and military in the region.
This report considers the impact of COVID-19. In 2020, the growth rate of…
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