Laser Material Market - Global Industry Analysis and Forecast 2015 – 2023
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Transparency Market
Research
Laser Material Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
Published Date
29-Oct-2015
225 Page Report
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Press Release
Global Laser Material Market to Register 5.5% CAGR from
2015 to 2023, Demand for Metal Laser Materials Highest
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Laser Material Market
REPORT DESCRIPTION
Laser Material Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Driven by considerable demand from the pharmaceuticals, aerospace and defense, and telecommunication
industries, the global laser material market is projected to rise from its 2014 valuation of US$1.02 bn to touch
US$1.64 bn by 2023, says Transparency Market Research (TMR). This translates to a 5.5% CAGR from 2015
to 2023 for the global laser material market. Sized in terms of volume, the market for laser materials stood at
274.7 kilo tons in 2014, TMR’s report finds. The report, titled “Laser Material Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023”, notes that despite the presence of
ample growth drivers, the market could be restrained by volatile prices of metals, crude oil, and natural gas.
Browse the full Laser Material (Metals, Ceramics, Plastics, Glass and Others) Market for
Communication, Metal Processing, Medical & Aesthetic, Instrumentation & Sensor, Lithography,
Optical Storage, R&D & Military, and Other Applications - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023 report at :
http://www.transparencymarketresearch.com/laser-material-market.html
The report also identifies the growing demand for laser products in Asia Pacific as an opportunity worth
exploring further. Using data from verifiable sources such as industry trade magazines, paid...
