Call
Sales
866 - 285 - 7215
1-781-489-7301

Advanced Materials

Sol Gel Processing of Ceramics and Glass

The table of contents is not available online, please contact us for further information or look on the right hand column to see if there is a more recent version of the report

REPORT HIGHLIGHTS

REPORT HIGHLIGHTS

  • The global market for sol-gel products in 2001 was $712 million. This is forecasted to increase to $936 million by 2006 at an average annual growth rate (AAGR) of 5.6%.
  • The U.S. market share is nearly 28% and is expected to increase to 34% by 2006, rising from $202.5 million to $320 million at an AAGR of 9.6%.
  • Electronic and optical applications are expected to be the fastest growing market segments during the period, at an annual average growth rate of around 14%. High growth rates also are expected for chemical and biomedical applications at between 8% and approximately 10% per year.
  • By 2006, new market segments to emerge will include biomedical applications (such as bone grafting materials and drug therapy products) and chemical applications (gas separation membranes).
  • Although the U.S. leads in research and development, Japan is able to commercialize and market products faster. The total number of U.S. patents also has declined, with fewer applications being commercialized

SUMMARY FIGURE
U.S. AND WORLD MARKETS FOR SOL-GEL PRODUCTS, 2001 AND 2006
($ Millions)
Source: BCC, Inc.