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Glass-like Carbon Market: Overview
· Glass-like carbon, commonly called glassy carbon or vitreouscarbon, is non-graphitizable or non-graphitizing carbon that possesses glassyand ceramic characteristics similar to those of graphite. Low density, lowelectric resistance, low friction, low thermal resistance, hardness, resistanceto high temperatures, extreme resistance to chemical attacks, andimpermeability to glass and liquid are some of the remarkable properties ofglass-like carbon.
· Glass-like carbon material is much stable at high-level heatingor continuous high-level cooling. These properties of glass-like carbon make itmost desirable for use in applications wherein high performance is moreimportant than low cost.
· Glass-like carbon is largely used in high-temperature crucibles;as an electrode material in electrochemistry; and as a component of someprosthetic devices. Due to bio-compatibility, stability, and simplemanufacturing techniques of glass-like carbon, it is widely accepted for use indental implants and heat valves.
· It is also extensively employed in applications includingsemiconductors, manufacturing processes (continuous or strand casting), andheat treatment processes
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Key Drivers and Restraints of Global Glass-like Carbon Market
· A significant share of the overall consumption of glass-likecarbon is expected to be held by coating methods, wherein glass-like carbon isused for covering the surface of graphite for various other end-uses. Thisfactor is expected to drive the global glass-likecarbon market during the forecast period.
· Researchers worldwide are coming up with advancements inaircraft materials from engine design to latest avionics systems, such asmanufacture of flexible and shape-changing wing designs and precise orbitinginstruments. This is expected to fuel the demand for glass-like carbon for usein the improvement of existing products and development of new products in thenext few years.
· Substitutes for glass-like carbon, such as high-performancepolymeric composites, primarily glass and aramid, are available at a low price.High cost of glass-like carbon is limiting its range of application. This isanticipated to act as a restraint of the global glass-like carbon market duringthe forecast period.
Global Glass-like Carbon Market, byApplication
· Based on application, the global glass-like carbon market can besegmented into semiconductors, manufacturing process (continuous or strandcasting), and heat treatment process, and others
· Glass-like carbon helps in preventing dust from sticking to thesurface and improves surface hardness. This increases its use in thesemiconductor industry. The semiconductor segment is projected to account for amajor share of the global glass-like carbon market by 2027.
· In the manufacturing process used for continuous or strandcasting of copper, glass-like carbon is employed, owing to its advantage ofensuring long life of the substrate. The manufacturing segment is also expectedto expand at a significant rate during the forecast period.
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North America to be a Key Market for Glass-like Carbon
· In terms of region, the global glass-like carbon market can bedivided into North America, Europe, Asia Pacific, Latin America, and MiddleEast & Africa
· North America and Europe are expected to hold a significantshare of the global glass-like carbon market owing to their emerging and maturenature, respectively. Rise in usage of glass-like carbon in semiconductor andmanufacturing industries and increased number of domestic players in end-useindustry verticals are key factors boosting the market in these regions.
· The market in Asia Pacific, Latin America, and Middle East &Africa is estimated to expand at a moderate pace during the forecast period,owing to growth of manufacturing and heat treatment industries in these regions
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Key Manufacturers Operating inGlobal Glass-like Carbon Market
The globalglass-like carbon market was highly fragmented in 2019. Major players haveprominent presence in the market in developing countries. Key manufacturersoperating in the global market are:
· E&B Rubber Metal Products
· Carbone Lorraine
· SGL Group
· Toyo Tanso
· Schunk
· Sinosteel Corporation
· FangDa
· Hitachi Chemical
· Nisshinbo Chemical
· Morgan Advanced Materials
· Schunk
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