Restorative Materials and Bonding Agents Market: Introduction
Transparency Market Research delivers key insights on the global restorative materials and bonding agents market. In terms of revenue, the global restorative materials and bonding agents market is expected to expand at a CAGR of 7.4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global restorative materials and bonding agents market.
Restorative materials and bonding agents are used to repair, replace, and restore the form and function of teeth. Restorative materials are also employed to create fillings, crowns, bridges, etc. These restorative dental materials include composite resins, glass ionomer, cements, ceramics, amalgam, gypsum materials, dental waxes, denture base resins, and impression materials.
The rise in geriatric population directly affects the restorative materials market, as the elderly are prone to dental issues such as loss of teeth, tooth decay, and other dental complications. Furthermore, consistent increase in the geriatric population across the world has been identified as one of the major factors fueling the restorative materials and bonding agents market.
Restorative Materials and Bonding Agents Market: Dynamics
Glass ionomer cement is among the key materials preferred by dental practitioners across the globe. Led by the increase in dental caries, manufacturers and researchers are striving to introduce different types of dental cements to meet varied patient requirements. Rapid advancements and continuous developments in dental restorative materials such as glass ionomer cement are expected to drive the restorative materials and bonding agents market during the forecast period.
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Novel developments in the restorative materials and bonding agents market include fiber or metal reinforced cements, resin-modified ionomer, inorganic polymeric oxide, utilization of hydroxyapatite & nanoparticles, and Sol-Gel method. These advancements are primarily driven by various drawbacks of traditionally utilized dental materials, such as amalgam, which has poor esthetics and contains mercury that is harmful to the human body. Thus, glass ionomer cement is gaining popularity, as it is easy to use, safer, and possesses excellent physical and chemical properties. This wide use of glass ionomer is anticipated to drive the restorative materials and bonding agents market.
Nanomaterials inhibit the demineralization of tooth structure, and restrict the growth of caries-related bacteria. This is driving the need for clinical studies in order to analyze the application of nanotechnology-based restorative materials. The use of nanomaterials for treatments is anticipated to provide lucrative opportunities for the restorative materials and bonding agents market in the near future.
Several precious metal alloys are used in dental restoration. Metals such as gold, palladium, silver, and platinum are employed in the manufacture of metal alloys. Rise in prices of these precious metals has led to an increase in consumption of non-metal restoratives, including composite resins and glass ionomer. Composite resins are also available in tooth color. Therefore, consumers prefer composite resins over metal-based restoratives. These advantages and benefits are projected to augment the restorative materials and bonding agents market over the next few years.
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The usage of innovative technologies in the production of restorative materials improves their properties. Various companies are investing in the development of new products to offer improved performance. Technological breakthrough in the development of restorative materials and bonding agents has opened new growth avenues. This is expected to offer significant opportunities to the restorative materials and bonding agents market over the next few years.
The dental tourism industry accounts for key share of the global restorative material and bonding agents market. Rise in cost of dental care in several countries is driving dental tourism programs, as people seek more affordable dental work. For instance, dental work in Thailand costs considerably lesser than that in the U.S., the U.K., and other countries in Europe, with savings of around 50%-70%.
Restorative Materials and Bonding Agents Market: Prominent Regions
Asia Pacific is expected to account for the major share of the global restorative materials and bonding agents market during the forecast period due to the significant growth in the prevalence of diabetes in the region. People afflicted with diabetes are at a higher risk of developing tooth decay due to high glucose levels in their blood and saliva.
Manufacturers of restorative materials and bonding agents can opt for expansion of their business through establishment of new facilities in Asia Pacific, Middle East & Africa, and Latin America. Several companies in developed regions have limited presence in markets in Asia Pacific, Middle East & Africa, and Latin America. These regions are projected to offer considerable opportunities to manufacturers in the next few years. Strengthening of distribution channels in these regions can help these companies enhance their footprint and thus provide an impetus to the restorative materials and bonding agents market during the forecast period.
Improvement of healthcare infrastructure, growth in standard of living, and rise in per capita income in several countries of North America are expected to propel the restorative materials and bonding agents market in North America during the forecast period. Technological breakthrough in the development of restorative materials has opened new growth avenues. This is expected to offer significant opportunities to the restorative materials and bonding agents market over the next few years.
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Restorative Materials and Bonding Agents Market: Key Players
Major players operating in the global restorative materials and bonding agents market are 3M Company, Dentsply Sirona, COLTENE Group, Ivoclar Vivadent AG, Shofu Dental Manufacturing Co., Ltd., Voco GmbH, Kulzer GmbH, GC Corporation, Ultradent Products Inc., Septodont Healthcare India Pvt. Ltd., Medicinos linija UAB, Prime Dental Products Pvt Ltd., IDENTA Dental Material GmbH, and KaVo Kerr.
Global Restorative Materials and Bonding Agents Market: Segmentation
Restorative Materials and Bonding Agents Market, by Type
· Restoration Material
· Bonding Agents
Restorative Materials and Bonding Agents Market, by Application
· Hospitals
· Dental Clinics
· Dental Institutes & Research Centers
· Others (Public Health Practice and Military Practice)
Restorative Materials and Bonding Agents Market, by Region
· North America
· Latin America
· Europe
· Asia Pacific
· Middle East & Africa
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