The global demand for Glass Ceramics Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Glass-ceramics are polycrystalline materials that exhibit a combination of sintered ceramics' unique properties and glasses' distinctive characteristics. They are partially crystallized glasses obtained by heating the parent bioactive glass above its crystallization temperature. However, it has better physical and mechanical properties like strength and toughness than the parent glass. Glass ceramic has been widely used in various fields like construction, optical, military, biomedical, electronic, and kitchenware. Glass-ceramics possess specific interesting properties like zero porosity, translucency, pigmentation, fluorescence, machinability, ferromagnetism, high chemical durability, biocompatibility, bioactivity, superconductivity, high resistivity, and break-down voltage.
Market Dynamics
The growing demand for highly durable optical materials whose properties are superior to glass is the primary stimulant for this market's growth. Highly aesthetic glass-ceramics used as biomaterials in restorative dentistry and hard tissue replacement will occupy a significant market share. Their excellent thermal and mechanical characteristics will expand their use in kitchenware, solar collector panels, liquid crystal display screens, high-temperature lamp envelopes, and magnetic disk substrates. The possibility to produce many new technologically important fiber-matrix combinations by sintering glass will expand the market. The increased adoption of glass-ceramics in the electronic, construction, and aviation sectors due to its low cost will be a market booster.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of glass ceramics. The growth and trends of glass ceramics industry provide a holistic approach to this study.
Market Segmentation
This section of the glass ceramics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Material
By Application
- Building and Construction
- Electrical & Electronics
- Healthcare
- Aerospace
- Optical
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Glass Ceramics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Glass Ceramics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the glass ceramics market include Saint Gobain, Nippon Electric Glass Co.,Ltd., Kedi Glass-Ceramic Industrial Co. Ltd., SCHOTT AG, Corning Inc., EuroKera, Corning Incorporated, ILVA Glass SpA, Ohara Corporation, Kanger Holdings. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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