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  Increasing demand for Light Emitting Diode (LED) lightning over incandescent and CFLs as they are energy efficient is driving the growth of the synthetic sapphire market. Sapphire substrates are majorly used in the manufacturing of LEDs. Moreover, the growing demand for sapphire from the semiconductor industry is also augmenting the growth of the market. According to the Coherent Market Insights, sapphire substrate accounts for approximately 95% of substrate material used for manufacturing LED. Sapphire is widely used in the production of chips and Fab materials. Expanding the application of synthetic sapphire from the medical industry where it is used in the development of medical devices is also accelerating the growth of the market. Furthermore, the increasing launch of advanced electronic goods such as smartphones developed from sapphire will further favor the growth of the synthetic sapphire market. For instance, in November 2019, Xiaomi launched its new MIUI watch that has ...

  Synthetic sapphire or Corundum has a substance equation of Al2O3. It is distinguished as a hardest oxide gem having different attributes including incredible compound soundness alongside powerful light transmission, dielectric warm highlights and better mechanical property. Simple accessibility of these precious stones sapphire has altogether determined its interest. Rising interest of synthetic sapphire in expanded application bases is required to specify the development of the market. Synthetic sapphire is a significant modern material because of its underlying, optical, mechanical, warm, and compound properties. Simple accessibility of synthetic sapphire is driving its utilization in numerous businesses like gadgets and clinical. Interest for synthetic sapphire is expanding in the creation of windows. Moreover, synthetic sapphire has great electrical protecting properties, as it is as a rule broadly utilized as a substrate for semiconducting circuits. The Synthetic Sapphir...