TRANSPARENT CERAMICS MARKET ANALYSIS
Increasing demand from optoelectronic segment is a major driver for the transparent ceramics market. The high production cost associated with transparent ceramics prove to be a stumbling block for the growth of the transparent ceramics market. High prices of raw materials such as sapphire lead to an increase in cost of transparent ceramics, thus elevating the prices of end products. As a result, industries prefer to use cheaper substitutes.
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