Press release
Sapphire Glass Market Prevalent Opportunities up to 2025
Sapphire Glass Market
The artificial version of the naturally occurring sapphire gemstone is called sapphire glass. Alumina, aluminium oxide, or alpha alumina, which is around 99.99% pure, is used in the production of sapphire glass in industries, where the raw material is fused and treated to create a hard polycrystalline output. It has a melting point of 3,722°F, is chemically inert, thermally stable, and hard up to 2,912°F.
Sapphire Glass is exceptionally scratch resistant and is second only to diamond in terms of hardness. The main commercial applications for sapphire glass include the creation of watches, smartphone screens, mechanical, medicinal, and optical equipment, as well as ballistic material for use in safe spaces and as a bulletproof material.
Sapphire glass is widely used in semiconductors, LED manufacturing, industrial applications, consumer electronics and so on.
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Sapphire Glass Market: Market Dynamics
Due to wide scope of application of Sapphire Glass in aerospace, medical, safety equipment and defense segment, it is expected that Sapphire Glass Market will grow during the forecast period.
In Defense and Aerospace sectors, Sapphire glass is widely used for safety purpose. Many companies manufacture products for infrared windows and electro-optical windows, transparent armour solutions, vision systems and countermeasure systems. Thus, it is expected that the consumption of Sapphire glass in above stated applications will fuel the Sapphire glass Market.
Due to high resistance to heat, laser transmission and non-thrombogenic properties, Sapphire glass is widely used in medical surgical systems. Though the use of Sapphire Glass is very less in above stated applications, the revenue generated is significant due to the high cost of Sapphire Glass.
Intense competition faced by Sapphire glass from the Corning Gorilla glass is expected to hamper the growth of Sapphire glass Market.
High cost of fabrication coupled with low production and continuously decreasing prices of mobile phones (as they use Sapphire Glass on display screen) might hamper the growth of Sapphire Glass Market.
Sapphire Glass Market: Market Segmentation
Product type
High Grade Transparency Sapphire Glass
General Transparency Sapphire Glass
Application
Smartphones
Watches
Optical and mechanical instruments
Safety establishments
Medical Devices
Others
Sapphire Glass Market: Regional Outlook
In Asia Pacific region, especially in India and China, the demand for branded watches has risen significantly due to increase in disposable incomes and high standard of living. Sapphire Glass is used over normal glass because Sapphire Glass can withstand shattering or scratching, and it is expected that as the demand for these branded watches increases, the consumption of Sapphire Glass will also increase, thereby fuelling the growth of Sapphire Glass Market.
Sapphire Glass is widely used in Semiconductor manufacturing and as a substrate in LED. For Blue LED crystals, majorly Sapphire Glass is used. High quality, long life, greater brightness and reduced energy consumption are some of the key benefits of using sapphire glass in LEDs. In China and Japan, it is expected that, the semiconductor and electronics industry will grow and as a result, the consumption of Sapphire Glass will increase, thereby bolstering the growth of Sapphire Glass Market.
It is expected that production of Sapphire Glass will rise during the forecasted period in the U.S. and China, as many small companies are setting up their plant and expanding their production capacities, thereby contributing to growth of the Sapphire Glass Market. Middle East is expected to exhibit sluggish growth in Sapphire Glass Market.
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Sapphire Glass Market: Market Participants
Examples of some of the market participants in the Sapphire Glass Market are-
KYOCERA Corporation
Rayotek Scientific Inc.
Rubicon Technology Inc.
Saint-Gobain
Crystran Ltd.
Crystalwise Technology Inc.
Monocrystal
SCHOTT North America Inc.
Swiss Jewel Company
GT Advanced Technologies
Precision Sapphire Technologies,Ltd
STC
Namiki Precision Jewel Co., Ltd.
DK AZTEC Co., Ltd.
Tera Xtal Technology Corporation
Crystaland Co., Ltd
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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