The laser materials market size was close to US$1.31 billion in 2019 and will grow at a CAGR of 4% from 2021 to 2027. With the increasing popularity of laser technology in the fields of advanced metalworking technology, medical surgery and 3D printing, the continuing demand for enhanced communication directional energy weapons in military and scientific applications will revitalize the product business during the evaluation period.
A full report of Laser Materials Market available at https://www.orionmarketreports.com/laser-materials-market/15310/
Laser Materials Market: Segmentation
By Product
• Plastic
• Glass
• Metal
• Ceramic
• Others (Non-metals)
By Application
• Communication
• Materials Processing
• Medical & Aesthetic
• Instrumentation & Sensors
• Lithography
• Optical Storage
• R&D & Military
• Others (Display, Printing, etc.)
Key Companies
Prominent players operating in the laser materials industry ecosystem include BASF, GrafTech International, Dow Chemical Company, Evonik, Aurubis AG, Taishan Fiberglass, Mitsubishi Chemical Holdings Corporation, CeramTec GmbH, Corning Incorporated, Sinopec Shanghai Petrochemical Group, Asahi Glass Co., Universal Laser Systems, Norilsk Nickel, Anglo American, Morgan Advanced Materials, and Murata Manufacturing.
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