Global Glass Ceramics Market to See Strong Growth
The global glass ceramics market is expected to grow at a CAGR of 6.1% from 2016-2020.
The global glass ceramics market is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2016-2020, according to a recent report available from Research and Markets. Nanophase materials are increasingly being used for the production of high-strength compact composite coatings for advanced implants. Manufacturers in the market are investing substantially in developing advanced nanophase ceramics for use in diagnostic devices and implantable electronic devices.
According to the report, ceramic materials are widely used in building projects in commercial and industrial sectors, as these materials effectively help reduce sound and are cost-effective compared to other materials. The glass ceramics of the CaO-Al2O3-SiO2 system show promise as construction materials. They are used for abrasion and chemically resistant parts or floor and wall tile in the chemical, mechanical, construction, and heavy industries.
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