Synthetic Sapphire Market

Global Market Study on Synthetic Sapphire: Optical to Remain Largest Application Segment during 2017-2024

ID: PMRREP12217
Calendar

March 2018

177 Pages

Author : Rajat Zope

PreviewSegmentation

Introduction

Synthetic sapphire is evolving as a major industrial material due to its mechanical, optical, structural, thermal and chemical properties. Also, the availability of cheap synthetic sapphire is driving the use of this material in many industries.

Synthetic sapphire is gaining increasing demand for production of windows owing to its extraordinary scratch-resistant properties and high-transparency to the wavelength of light. Also, due to its excellent electrical insulating properties, synthetic sapphire is being used widely as a substrate for semiconducting circuits.

Moreover, biocompatibility of monocrystalline sapphire has made it suitable for hip joint endoprostheses in the medical industry. The creation of synthetic sapphire has also increased in the recent years due to its affordability as compared to its natural version and rising need in the industrial application.

With the increasing demand, manufacturers are using various methods to produce synthetic sapphire. However, different methods used in manufacturing have a different impact on the shape and quality of sapphire produced. Moreover, regulatory bodies such as the U.S. Federal Trade Commission has introduced specific guideline regarding the sales of synthetic gems. This is also playing an important role in manufacturing of synthetic sapphire.

As per the report by Persistence Market Research, the global synthetic sapphire market is anticipated to see a significant growth during the forecast period 2017-2024. The report also expects the global synthetic sapphire market to bring in US$ 9,255.7 Million revenue by the end of 2024.

Optical Application of Synthetic Sapphire to Gain Maximum Traction in the Global Synthetic Sapphire Market

Optical properties of synthetic sapphire are extraordinary, hence it is becoming the most preferred material choice for engineers dealing with high temperature, high pressure, and harsh chemical conditions. This is due to synthetic sapphire’s high strength, wear resistance, temperature stability and chemical inertness.

Synthetic sapphire windows are being used on a large scale to produce sapphire windows as it is stronger than standard glass windows. These sapphire windows are being used on a large scale in vacuum chambers and high pressure for spectroscopy, crystal in watches, windows in barcode scanner in grocery stores. Its use as shatter resistant windows in vehicles and to develop military armor suits is also increasing.

synthetic sapphire market

Synthetic Sapphire to be used on a Large Scale for LED Manufacturing

Synthetic sapphire is forming as a basis for future electronics. With increasing industrial use, synthetic sapphire wafer has become a basic component for LED production. Synthetic sapphire wafer consumption in LED manufacturing is also increasing. Synthetic sapphire wafer manufacturers are also focusing on cost management by taking into account the high volume production.

Manufacturers are also focusing on developing colorless synthetic sapphire wafers due to the negative effects of color sapphire wafers, especially for LEDs. In the recent years, the demand for high-quality colorless sapphire has increased by LED companies as an effective solution for improving product quality and cost management.

Consumer electronics also present a huge growth opportunity for synthetic sapphire manufacturers. Smartphone companies and other consumer electronics manufacturers’ are showing interest in use of synthetic sapphire. With increasing production and demand for consumer electronics worldwide, manufacturers of are focusing on developing synthetic sapphire that can be used in consumer electronic products.

Companies Covered in Synthetic Sapphire Market

  • Rubicon Technology Inc.
  • KYOCERA Corporation
  • Saint-Gobain
  • SCHOTT AG
  • Monocrystal
  • Rayotek Scientific Inc.
  • CRYSTALWISE TECHNOLOGY INC.
  • ILJIN Display CO., Ltd
  • Namiki Precision Jewel Co., Ltd.
  • Juropol Sp. z o.o.
  • Others

Related Reports

1. Synthetic Sapphire Market – Executive Summary

2. Research Methodology

3. Assumptions and Acronyms Used

4. Synthetic Sapphire Market Overview

    4.1. Introduction

        4.1.1. Synthetic Sapphire Market Definition

        4.1.2. Global Market Outlook

        4.1.3. Synthetic Sapphire Market Taxonomy

        4.1.4. Synthetic Sapphire Supply Chain and Value Chain

        4.1.5. Synthetic Sapphire Comparison- Phase Stages

5. Synthetic Sapphire Market Dynamics

    5.1. Drivers

    5.2. Restraints

    5.3. Opportunities & Trends

    5.4. Global Synthetic Sapphire Market: Segmentation, Targeting &Positioning Analysis

6. Global Synthetic Sapphire Market Forecast, 2016-2014

    6.1 Global Synthetic Sapphire Market Snapshot

    6.2 Global Synthetic Sapphire Market Snapshot: By Application and End Use

7. Global Synthetic Sapphire Market Analysis

    7.1. Global Synthetic Sapphire Market Analysis, By Application

        7.1.1. Introduction, By Application

        7.1.2. Market Share & Basis Point Share (BPS) Analysis, By Application

        7.1.3. Y-O-Y Growth Comparison, By Application

        7.1.4. Market Value and Volume Forecast, By Application

        7.1.5. Absolute $ Opportunity, By Application

        7.1.6. Market Attractiveness Index, By Application

    7.2. Global Synthetic Sapphire Market Analysis, By End Use

        7.2.1. Introduction, By End Use

        7.2.2. Market Share & Basis Point Share (BPS) Analysis, By End Use

        7.2.3. Y-O-Y Growth Comparison, By End Use

        7.2.4. Market Value and Volume Forecast, By End Use

        7.2.5. Absolute $ Opportunity, By End Use

        7.2.6. Market Attractiveness Index, By End Use

8. Global Synthetic Sapphire Market Analysis, By Region

    8.1. Introduction

        8.1.1. Market share and Basis Point (BPS) Analysis, By Region

        8.1.2. Y-O-Y Growth Projections, by Region

    8.2. Market Value and Volume Forecast, By Region

    8.3. Absolute $ Opportunity, By Region

    8.4. Market Attractiveness, By Region

9. North America Synthetic Sapphire Market Analysis, By Region

    9.1. North America Market Snapshot

    9.2. North America Market Forecast, By Country

        9.2.1. Market Value and Volume Forecast, By Country

        9.2.2. Market Share and Basis Point (BPS) Analysis, Y-o-Y Growth Projections, by Country

        9.2.3. Absolute $ Opportunity, By Country

            9.2.3.1. US

            9.2.3.2. Canada

    9.3. North America Market Forecast, By Application

        9.3.1. North America Market Value and Volume Forecast, By Application

        9.3.2. Absolute $ Opportunity, by Application

            9.3.2.1. Optics

            9.3.2.2. Sapphire Substrates

            9.3.2.3. Display

            9.3.2.4. Other Industrial

    9.4. North America Market Forecast, By End Use

        9.4.1. North America Market Value and Volume Forecast, By End Use

        9.4.2. Absolute $ Opportunity, by End Use

            9.4.2.1. LEDs

            9.4.2.2. Semiconductor

            9.4.2.3. Medical Devices

            9.4.2.4. Consumer Electronics

            9.4.2.5. Industrial

    9.5. North America Market Attractiveness, By Application, End Use and Country

10. Latin America Synthetic Sapphire Market Analysis

    10.1. Latin America Market Snapshot

    10.2. Latin America Market Forecast, By Country

        10.2.1. Market Value and Volume Forecast, By Country

        10.2.2. Market Share and Basis Point (BPS) Analysis, Y-o-Y Growth Projections, by Country

        10.2.3. Absolute $ Opportunity, By Country

            10.2.3.1. Brazil

            10.2.3.2. Mexico

            10.2.3.3. Rest of Latin America

    10.3. Latin America Market Forecast, By Application

        10.3.1. Latin America Market Value and Volume Forecast, By Application

        10.3.2. Absolute $ Opportunity, by Application

            10.3.2.1. Optics

            10.3.2.2. Sapphire Substrates

            10.3.2.3. Display

            10.3.2.4. Other Industrial

    10.4. Latin America Market Forecast, By End Use

        10.4.1. Latin America Market Value and Volume Forecast, By End Use

            10.4.1.1. LEDs

            10.4.1.2. Semiconductor

            10.4.1.3. Medical Devices

            10.4.1.4. Consumer Electronics

            10.4.1.5. Industrial

    10.5. Latin America Market Attractiveness, By Application, End Use and Country

11. Europe Synthetic Sapphire Market Analysis

    11.1. Europe Market Snapshot

    11.2. Europe Market Forecast, By Country

        11.2.1. Market Value and Volume Forecast, By Country

        11.2.2. Market Share and Basis Point (BPS) Analysis, Y-o-Y Growth Projections, by Country

        11.2.3. Absolute $ Opportunity, By Country

            11.2.3.1. EU-5

            11.2.3.2. Russia

            11.2.3.3. Poland

            11.2.3.4. Rest of Europe

    11.3. Europe Market Forecast, By Application

        11.3.1. Europe Market Value and Volume Forecast, By Application

        11.3.2. Absolute $ Opportunity, by Application

            11.3.2.1. Optics

            11.3.2.2. Sapphire Substrates

            11.3.2.3. Display

            11.3.2.4. Other Industrial

    11.4. Europe Market Forecast, By End Use

        11.4.1. Europe Market Value and Volume Forecast, By End Use

            11.4.1.1. LEDs

            11.4.1.2. Semiconductor

            11.4.1.3. Medical Devices

            11.4.1.4. Consumer Electronics

            11.4.1.5. Industrial

    11.5. Europe Market Attractiveness, By Application, End Use and Country

12. APAC Synthetic Sapphire Market Analysis

    12.1. APAC Market Snapshot

    12.2. APAC Market Forecast, By Country

        12.2.1. Market Value and Volume Forecast, By Country

        12.2.2. Market Share and Basis Point (BPS) Analysis, Y-o-Y Growth Projections, by Country

        12.2.3. Absolute $ Opportunity, By Country

            12.2.3.1. China

            12.2.3.2. India

            12.2.3.3. Japan

            12.2.3.4. ASEAN

            12.2.3.5. ANZ

            12.2.3.6. Rest of APAC

    12.3. APAC Market Forecast, By Application

        12.3.1. APAC Market Value and Volume Forecast, By Application

        12.3.2. Absolute $ Opportunity, by Application

            12.3.2.1. Optics

            12.3.2.2. Sapphire Substrates

            12.3.2.3. Display

            12.3.2.4. Other Industrial

    12.4. APAC Market Forecast, By End Use

        12.4.1. APAC Market Value and Volume Forecast, By End Use

            12.4.1.1. LEDs

            12.4.1.2. Semiconductor

            12.4.1.3. Medical Devices

            12.4.1.4. Consumer Electronics

            12.4.1.5. Industrial

    12.5. APAC Market Attractiveness, By Application, End Use and Country

13. MEA Synthetic Sapphire Market Analysis

    13.1. MEA Market Snapshot

    13.2. MEA Market Forecast, By Country

        13.2.1. Market Value and Volume Forecast, By Country

        13.2.2. Market Share and Basis Point (BPS) Analysis, Y-o-Y Growth Projections, by Country

        13.2.3. Absolute $ Opportunity, By Country

            13.2.3.1. GCC

            13.2.3.2. North Africa

            13.2.3.3. South Africa

            13.2.3.4. Rest of MEA

    13.3. MEA Market Forecast, By Application

        13.3.1. MEA Market Value and Volume Forecast, By Application

        13.3.2. Absolute $ Opportunity, by Application

            13.3.2.1. Optics

            13.3.2.2. Sapphire Substrates

            13.3.2.3. Display

            13.3.2.4. Other Industrial

    13.4. MEA Market Forecast, By End Use

        13.4.1. MEA Market Value and Volume Forecast, By End Use

            13.4.1.1. LEDs

            13.4.1.2. Semiconductor

            13.4.1.3. Medical Devices

            13.4.1.4. Consumer Electronics

            13.4.1.5. Industrial

    13.5. MEA Market Attractiveness, By Application, End Use and Country

14. Global Synthetic Sapphire Market: Competition Landscape

    14.1. Competitive Dashboard

    14.2. Company Profile

        14.2.1. Rubicon Technology Inc.

        14.2.2. KYOCERA Corporation

        14.2.3. Saint-Gobain

        14.2.4. SCHOTT AG

        14.2.5. Monocrystal

        14.2.6. Rayotek Scientific Inc.

        14.2.7. CRYSTALWISE TECHNOLOGY INC.

        14.2.8. ILJIN Display CO., Ltd

        14.2.9. Namiki Precision Jewel Co., Ltd.

        14.2.10. Juropol Sp. z o.o.

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