Sapphire Glass Market Segmented By Product type such as High Grade Transparency Sapphire Glass and General Transparency Sapphire Glass with Application such as Smartphones, Watches, Optical and mechanical instruments, Safety establishments, Medical Devices
Industry: Chemicals and Materials
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Report Type: Ongoing
Report ID: PMRREP16651
Sapphire glass is the synthetic form of naturally available Sapphire gemstone. In industries, Sapphire Glass is made by alumina or aluminum oxide or alpha alumina, which is approximately 99.99% pure, where raw material is fused and processed to produce hard polycrystalline product. It is chemically inert, thermally stable and hard till 2,912°F having melting temperature of 3,722°F.
Sapphire Glass is next to Diamond in terms of hardness and is extremely scratch resistant. The commercial use of sapphire glass is majorly in the manufacture of watchmaking, smartphone displays and production of mechanical, medical and optical equipment and ballistic material in safety establishments and as a bulletproof.
Sapphire glass is widely used in semiconductors, LED manufacturing, industrial applications, consumer electronics and so on.
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.
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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.
Examples of some of the market participants in the Sapphire Glass Market are-
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 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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