Transparent Ceramics Market: Key Highlights
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Key Drivers of the Global Transparent Ceramics Market
Sapphire Material to Offer Attractive Opportunities
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High Cost of Transparent Ceramics Likely to Hamper Market
Asia Pacific a Prominent Transparent Ceramics Market
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Top Five Players Accounted for ~ 40% of Market Share in 2018
The global transparent ceramics market is dominated by a few large and medium players that operate across the globe. The top five players, i.e. 3M, II-VI Optical Systems, SCHOTT AG, Surmet Corporation, and CeramTec, accounted for ~ 40% of the market share in 2018. The global transparent ceramics market is dominated by II-VI Optical Systems, which is the largest manufacturer of transparent ceramics across the world.
II-VI Optical Systems designs, develops, and produces integrated optical components, optical assemblies, and optical systems for use in advanced applications. It also designs, manufactures, assembles, and tests precision optical systems and components such as visible, infrared, and laser-based systems and subassemblies. The company invests in mergers and acquisitions in order to maintain its leading position in the transparent ceramics market.
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