Major Key Players of Sapphire Glass Market & Industry share 2019–2025

North America holds a significant share in the sapphire glass market owing to the presence of many product manufacturers. Increasing government expenditure in the defense sector would be a major growth driver for the market. The is due to the product usage in transparent armors, IR sensors, night vision devices, etc.

Asia Pacific is likely to portray a high growth rate in the coming years due to its booming semiconductor industry. Growing population, digitalization, improved per capita income are some factors driving the semiconductor industry. This would in turn increase the demand for sapphire glass products in the coming years. The product is also suitable for miniaturizing applications which would be another growth driver for the regional market.

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Sapphire Glass Market size is likely to follow an upward trend owing to its growing demand from the electronics industry. Sapphire glass is a transparent, durable material which is highly resistant to chemicals and scratches. It has a melting point of more than 1800°C. It is widely used in the electronics industry for various applications such as LED wafer, projectors, optical lenses, laser systems, sensors, plasma tubes, display windows, etc. The semiconductor industry sales have increased from about USD 290 billion in 2010 to more than USD 450 billion in 2018. Such rising trend would in turn increase the demand for sapphire glass substrates and wafers in the foreseeable years.

Sapphire glass finds significant usage in the defense industry as well. It is one of the hardest materials with good thermal conductivity and high mechanical strength. It is transparent to wavelengths between 0.15 to 5.5 µm. Hence, its suitable to be used in ballistic applications. The product is extensively used in missile domes, transparent protective windows, electro-optic & FLIR windows, targeting system components etc. The major countries with high defense spending are U.S., China, India, Saudi Arabia, Russia, and France. Such rising trend in the defense industry would propel the growth in the sapphire glass market in the coming years.

While the demand for sapphire glass is likely to rise significantly in the recent years, high cost of production could negatively impact the market growth during the study period. Since it is a hard material, recycling this product could also become a challenge for the market players. Moreover, requirement for high capital and technical knowledge for product development would be another factor restricting the growth of this market in the coming years.

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The sapphire glass market size is categorized based on product, application and region. The various products in the market are substrates & wafers, windows, blanks & sheets, screens & panels, tubes, rods and other niche products which include cores, boules, etc. Windows, blanks & sheets occupy a significant share in the market due to its extensive application in defense, aerospace, optoelectronics, medical instrument, etc. This product is available in various dimensions and thickness depending on its end-use.

Based on application, the sapphire glass market is segmented into defense & security, optoelectronics, aerospace & aviation, medical equipment and others. Medical equipment is a significant application segment owing to the product usage in manufacturing of dental brackets and components, surgical windows, wafers for implantable devices, high power laser windows, etc. Transparency and thermal resistance of the product makes it an ideal for for optoelectronics. The product is used for making wafers, semiconductor substrates, sensor systems etc. Increasing use of these products would likely strengthen the growth of optoelectronic application.

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Some of the major market players of sapphire glass market share are Schott AG, Saint-Gobain, Precision Sapphire Technologies, Ltd, Crystalwise Technology Inc., Surmet Corporation, Kyocera Corporation, Coorstek Corporation, Hansol Technics Co. Ltd., Morgan Advanced Materials, II-VI Optical Systems, etc.

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