Monocrystalline Transparent Ceramics Market - Forecast(2021 - 2026)
The monocrystalline transparent ceramics market size is forecast to reach around $500 million by 2025, after growing at a CAGR of 21% during 2020-2025. The demand for monocrystalline transparent ceramics is growing due to its superior mechanical properties across various applications as a substitute to the traditional glass. The Monocrystalline transparent ceramic offers various benefits such as reduced optical loss, better durability, and improved reliability, that makes it as an useful product across defense, automotive, and electric and electronics sectors. Besides, the growing investment by the defense sector for the development of advanced materials and equipment’s and associated technologies including ballistic-protecting armor and windows, face-shield, and night vision goggles further propels the growth of Monocrystalline Transparent Ceramics market size during the forecast period. Report Coverage The report: “Global Monocrystalline Transparent Ceramics Market – Forecast (2020-...