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Glass Ceramics Market Analysis

ID: MRFR//7301-CR | 160 Pages | Author: Anshula Mandaokar| February 2020

In-depth Analysis of Glass Ceramics Market Industry Landscape

Glass-ceramics industry is currently goes through the transitions caused by the different applications of these products, particularly in healthcare, electronics, and construction industries. The glass-ceramics are man-made compounds which have the ability to incorporate the features of both glass as well as ceramics, therefore, offering the union of properties such as high strength, thermal stability and aesthetic appeal. Another important factor influencing the market missions is the growth of the healthcare sector, in which glass-ceramics are utilized in health care services such as dental restoration, prosthetics and diagnostic tools. Due to their good biocompatible, durable and aesthetic features, glass-ceramics can be used for a range of medical application. Hence, this may contribute to the suitability of this material in the health industry.

The glass-ceramics market is being thrown into a high gear by the electronics & telecoms industries which deploy glass-ceramic substrates in electronic elements like electronic components, circuit boards and their gadgets. The good thermal resistance, low thermal expansion and insulating properties of glass-ceramics result in their key role in electronics, as they are used for making pieces that can be then combined to create electronic components and devices.

The participation of glass-ceramics in this industry is another aspect that determine the market rate of change here. Ceramics are products of composites of glass and ceramic capable of having decorative purposes on countertops, floors and cladding. Aesthetic attractiveness, durability, and moreover damages resistant make glass ceramics become one of the considerable materials in the construction industry. Using glass-ceramics in architectural and design projects becomes the new trend and the most desired materials for builders and designers due to high performance and sustainability.

The automotive segment of the glass-ceramics market also disrupts the market dynamics, by using the materials for manufacturing of windows and panes with the degree of transparency. The thermal and mechanical characteristics, alike, of glass-ceramics let them to be applied in automotive industry since they provide additional safety and appearance. The Department of the automotive industry is therefore pursuing lightweight materials and advanced technologies, glass-ceramics being an invaluable enabler of these goals.

Nevertheless, glass ceramics faces difficulties which include maintaining of innovation, price factor, and the competition of substitute. The chemical manufacturing niche encounters the task of designing new compositions as well as formulations that fulfill strict performance objectives and do not become expensive at the same time. Innovations in manufacturing methods, waste treatment technologies and energy efficiency are the key factors for the era of challenges glass ceramics in the market environment.

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