Glass Ionomer Cement Market : Investment, Business Outline, Insights, Scope and Forecasts to 2030

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Glass Ionomer Cement Market: Introduction

In terms of value, the global & Asia Pacific glass ionomer cement market is anticipated to expand at a CAGR of 7.8% from 2020 to 2030. The increase in the number of people opting for esthetic dental treatment is driving the development of advanced technologies. The cosmetics dentistry market has been expanding due to rise in disposable income, increase in focus on dental esthetics, and growth in awareness about cosmetic dentistry. Major cosmetic dental treatments include change in dental appearance, teeth whitening, and change in dental structure. Additionally, rise in dental tourism is boosting the global cosmetic dentistry market. The expansion of the cosmetic dental industry has led to an increase in the consumption of dental materials, thereby augmenting the consumption of glass ionomer cement. Glass ionomer cement is a widely preferred as a restorative material for anterior restorations due to its favorable esthetic and biological characteristics. Glass ionomer cement is preferred for class III and class V preparations in the anterior teeth.

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Availability of Cost-effective Substitutes to Hamper Glass Ionomer Cement Market 

Glass ionomer cement is used as a restorative material, luting agent, and liner. Several low-cost substitute dental materials are available in the market. This is expected to restrain the demand for glass ionomer cement. Key substitutes for glass ionomer cement include composite resins and amalgam. The prices of these materials are comparatively lesser than that of glass ionomer cement; therefore, they are preferred over glass ionomer cement. Glass ionomer cement is a popular restorative material due to its various beneficial properties; however, conventional glass ionomer cement carries some disadvantages that hamper the market. Lack of fracture toughness and restricted applications in high load-bearing areas are major disadvantages of conventional glass ionomer cement.

Paste Form to Offer Lucrative Opportunities

In terms of form, the global & Asia Pacific glass ionomer cement market has been bifurcated into powder and paste. The powder segment dominated the glass ionomer cement market, in terms of value, in 2019. The paste segment is anticipated to expand at a CAGR of more than 7.6% during the forecast period. The paste form of glass ionomer cement products is available in self-cure and light cure types. Light cure glass ionomers require UV light for curing.

Dental Restorative Cement to Dominate Glass Ionomer Cement Market

In terms of type, the global & Asia Pacific glass ionomer cement market has been segregated into dental restorative cement, dental luting cement, and others. In terms of value and volume, the dental restorative cement segment constituted significant share of the global & Asia Pacific glass ionomer cement market in 2019. The increase in demand for restorative dental treatment is driving the segment. Glass ionomer cement is widely preferred for dental restoration due to its advanced properties and esthetics.

India to be Lucrative Country of Asia Pacific Glass Ionomer Cement Market

Based on country, the Asia Pacific glass ionomer cement market has been split into China, Japan, India, Vietnam, Thailand, the Philippines, Indonesia, Rest of ASEAN, and Rest of Asia Pacific. The glass ionomer cement market in India is projected to expand at a CAGR of more than 8.9% during the forecast period. China accounted for a major share of the market in Asia Pacific in 2019. In terms of demand, the glass ionomer cement market in Thailand is estimated to expand at a moderate pace during the forecast period. Economic growth and rise in standard of living are driving the demand for high quality dental treatments in Japan. The increase in awareness about cosmetic dentistry is also boosting the demand for glass ionomer cement in Japan.

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Competition Landscape

In June 2017, Dentsply Sirona entered into a distribution agreement with Henry Schein Canada, Inc. Effective September 1, 2017 to December 31, 2020, the new agreement is projected to increase the market opportunities for Dentsply Sirona’s leading brands and integrated solutions. In 2018, Voco GmbH introduced Meron Plus QM, a resin-modified glass ionomer cement. Leading players have taken initiatives to expand their presence through acquisitions, increase of production capacities, and strategic partnerships.

Key manufacturers operating in the global & Asia Pacific glass ionomer cement market are 3M Company, Dentsply Sirona, Ivoclar Vivadent AG, Medicinos linija, UAB, Voco GmbH, GC Corporation, Shofu Dental Manufacturing Co., Ltd., KaVo Kerr, Prime Dental Manufacturing, Inc., Pulpdent Corporation, Den-Mat Holdings, LLC, Shandong Huge Dental Material Corporation, Prevest Denpro Limited, and IDENTA Dental Material GmbH.