Global Sapphire Glass Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. The purest form of aluminum oxide, also known as alpha-alumina is referred to sapphire glass or synthetic sapphire. It has a melting temperature of 3,722°F, chemically inert, thermally stable and hard till 2,912°F. The properties that make sapphire a beneficial glass in various applications is its hardness and clarity.
Sapphire glass has a wide range of applications such as consumer electronics, LED manufacturing, semiconductor, and medical and industrial applications. The factors that propel the growth of the Sapphire Glass Market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, factors such as changing standard of living, rise in disposable income, growing use of luxury goods, and increasing use of sapphire glass in high-end smartphones.
On the other hand, there are also factors that may hamper the growth of the market such as strong competition from Corning Gorilla glass. Sapphire Glass Market is classified on the basis of product type, applications, distribution channel and geography. The market is segmented by product type as high grade transparency, general transparency and others.
Sapphire Glass Market is classified on applications as LED, optical wafers and others. Sapphire Glass Industry is segmented by distribution channel as online stores, specialty stores and others. Sapphire Glass Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa.
By geography, Asia Pacific is projected to account a significant share of the Sapphire Glass Market. Some of the key players that fuel the growth of the Sapphire Glass Market include Aurora, Crystalwise, Crystaland, DK AZTEC, Kyocera, Namiki, Precision Sapphire Technologies, Rubicon Technology, Monocrystal, STC, Saint-Gobain, SCHOTT, Tera Xtal Techonlogy, Silian, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Sapphire Glass in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Sapphire Glass market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Rubicon Technology
• DK AZTEC
• Precision Sapphire Technologies
• Tera Xtal Techonlogy
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• High Grade Transparency
• General Transparency
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Optical Wafers
Research Support Specialist, USA