Glass and Ceramics
Overview of the global antibacterial glass market
Technavio’s market research analyst predicts the global antibacterial glass market to grow at a CAGR of almost 7% during the forecast period. The rapid development of touchscreen applications in mobile devices has propelled the use of antibacterial surfaces and glasses. With the growth of the touch-enabled devices, concerns regarding the presence of pathogens on their surface are gaining prominence. Antimicrobial Corning Gorilla Glass is the first US Environmental Protection Agency (EPA) registered antimicrobial cover glass which is extensively used in the touch surfaces of electronics goods, such as smartphones, laptops, and microwaves. It is not only tough and scratch-resistant but also includes the ionic silver components which help in the elimination of bacteria from the touch surfaces. Moreover, Corning glass is non-toxic and safe to use and is used as a display cover glass in smartphones and tablets. Also, the rise in environmental and health awareness have propelled market vendors to focus on the development of eco-friendly antibacterial glass with low toxicity.
By geography, Europe accounted for the largest share of the global market and will continue its dominance over the next four years. Much of the region’s growth can be attributed to the presence of developed end-user industries, including hospital, food and beverage, military equipment, automotive, and construction. Moreover, the Europeans have a greater consciousness towards health and sanitation issues, which has increased the consumption of antibacterial glass. With stringent government regulations for sanitation and hygiene, the antibacterial glass industry in Europe is expected to witness the highest growth rate over the forecast period.
Competitive landscape and key vendors
Overview of the global medical ceramics market
Technavio’s market research analyst predicts the global medical ceramics market to grow at a CAGR of around 7% between 2016 and 2020. Medical ceramics have extensive usage in the medical sector for a variety of applications, including dental and orthopedic implants, production of implantable electronic devices, and treatment of certain cancers. Medical ceramic dental restorations are biocompatible and have superior aesthetics properties, and their low thermal conductivity makes them highly comfortable. Moreover, the medical ceramic products are extremely durable and easy to manufacture. The growing awareness about oral hygiene and aesthetics is expected to increase the acceptance of all-ceramic implants over the forecast period. Also, the use of medical ceramics in combination with various other materials such as hydroxyapatite and tricalcium phosphate to repair cartilage, ligaments, or bone will increase significantly over the forecast period.
The market for medical ceramics in APAC is anticipated to grow at a faster rate than in other geographies during the forecast period because of the significant growth of the healthcare sector in emerging economies, especially India, Taiwan, and China. The increasing awareness about various orthopedic and dental applications such as replacement of hip and tooth in the recent years has contributed to the market growth in the region. Moreover, the manufacturers of
Outlook of the global advanced composites market
The market analyst at Technavio predicts that the global advanced composites market will grow progressively at a CAGR of approximately 7% by 2020. The growing demand for advanced composites materials for a wide array of aerospace applications will be a major factor contributing to the growth of the market in the coming years. The material agility of these composites makes the aircraft lightweight and enhances its fuel efficiency. Moreover, high stiffness abrasion resistance properties of advanced composites propel their usage in the manufacture of various aircraft components like air wings, rudders, and landing gears. The growing use of advanced composites enhances the maneuverability of aircraft and makes it highly fuel efficient while maintaining safety and protection. For instance, manufacturing giants like Boeing and Airbus are using these materials to reduce the overall weight of the plane and increase its fuel efficiency.
According to the market research analysts, North America will be the largest region in the market during the forecast period and will grow at a CAGR of around 7% by 2020. The increasing adoption of nanomaterials for the manufacture of advanced composites will significantly contribute to the growth of this market in North America over the forecast period. The use of nanomaterials enhances the performance of the composites, specifically single-wall carbon nanotubes (SWCNT). Also, many vendors are implementing new resin systems that help in reducing the cost
Overview of the global GF and GFRP composites market
Globally, the glass fiber (GF) and glass-fiber-reinforced plastic (GFRP) composites market is estimated to witness steady growth over the forecast period owing to the high demand for lightweight fiberglass composites across the transportation segment. The global players across the automotive, construction, and aerospace segments are utilizing composite materials to create products that are cheaper, lighter, and stronger. Since these materials consume less energy during forming processes and help curb the weight of vehicles, their demand among end-users from the automotive sector is increasing significantly as it helps to augment fuel efficiency in vehicles. Also, as the abrasion and strain resistance properties of composite materials enhance the lifespan of components, its demand among the end users will increase substantially over the course of the next four years. According to our industry experts, the global market for GF and GFRP composites will grow steadily at a CAGR of over 7% by 2020.
Another critical factor impelling the prospects for growth in this market is the global emphasis on green buildings. The construction industry derives benefits like strength, durability, and thermal efficiency from fiberglass. Among products related to sustainability, architectural products made of fiberglass are preferred because they have excellent thermal and physical performance. The low coefficient of expansion or contraction makes fiberglass a thermally efficient material. Furthermore, since fiberglass provides a grade of strength that supports the
Overview of the global technical ceramics market
Market research analysts at Technavio have predicted that the global technical ceramics market will grow at a CAGR of more than 6% during the forecast period. Technical ceramics are replacing metals and alloys owing to their superior performance characteristics. They exhibit superior corrosion resistance properties compared with other materials such as steel and aluminum. Such characteristics decreases the maintenance expenses and other related costs when technical ceramics are used in aircraft, automobiles, boats, and armors. Owing to the cost benefits that technical ceramics offer, they have gained preference among several various industries, including military and defense, aerospace, electronics, energy, and power. Also, the lightweight and low conductive nature of technical ceramics will increase their applications in the medical sector especially for implants, in the coming years.
APAC is the largest revenue-generating region in this market and is likely to occupy around 39% of the total market revenue during the forecast period. The market for technical ceramics and their various products are developing in the region due to the growth in the electronic and information technology related industries. The region is a major hub for electronics products that consume technical ceramics due to its superior properties over metals and alloys. Factors such as the rapid growth of end-use industries, competitive manufacturing expenses, and high economic growth will continue to drive the market for technical ceramics in the region over the next few years.
Competitive landscape and key vendors
The global technical ceramics
Outlook of the global smart glass market
According to Technavio’s market research analysts, the global smart glass market will grow at a CAGR of around 20% during the forecast period. Factors such as optimal energy-saving performance, rise in the growth prospects of next-generation displays, evolvement in green building concept, improvement in the automotive sector, and increase in popularity of internet of things (IoT) will lead to rapid commercialization of the smart glass market in the coming years. The demand for various smart glass technologies is on the rise due to their properties which focuses on minimizing energy consumption and enhancing energy productivity of buildings and automobiles. The availability of key smart glass innovators, a huge penchant for novel advances, and stringent energy efficiency regulations are some of the major driving factors in industrialized markets for the smart glass products. With the emergence of energy crisis and the requirement for energy efficiency in buildings, the smart glass market will witness positive growth during the forecast period.
APAC is the fastest-growing region in the smart glass market and is likely to possess the highest growth rate of around 22% during the forecast period. Much of the region’s growth can be attributed to the projected increase in the consumption of smart glass-based products in the automobile sector, particularly in China. APAC is an emerging market for smart glass, where numerous players are coming up with strategies to tap this market’s potential. The growing demands for smart glass from automobile, construction
Glass and ceramics are widely used in everything from tableware to construction applications. Glass is primarily classified into container glass, specialty glass, flat glass, and fiberglass.
Ceramics refers to solids composed of metal, nonmetal, and metalloid atoms, which have unique mechanical and aesthetic properties. Crystalline and non-crystalline ceramics are used for applications ranging from ballistic protection to bio-implant uses. Refractory materials are another unique category of materials that find their use in high-temperature applications. These materials are segmented on the basis of chemical composition, manufacturing method, and fusion temperature.