Moissanite is a rare mineral used in jewelry where it is a great substitute for diamond. Moissanite is a naturally occurring silicon carbide. Moissanite is also synthesized in lab. It has commercial as well as industrial applications owing to its hardness, thermal conductivity and optical properties. It is much more economical than diamond and therefore is used for laboratory purposes and jewelry markets.
MARKET DYNAMICS
The moissanite market is anticipated to witness high growth during the forecast period owing to the rising disposable income and large market for pocket friendly luxurious jewelry in developed as well as developing nations. However, other substitute for diamonds in the market are likely to hinder the moissanite market growth. On the other hand, moissanite is set to replace the cubic zirconia which lose their sparkle overtime, thereby, showcasing growth opportunities for the moissanite market.
MARKET SCOPE
The "Global Moissanite Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of moissanite market with detailed market segmentation by type, application and geography. The global moissanite market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading moissanite market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global moissanite market is segmented on the basis of type and application. Based on type, the market is segmented as round brilliant, cushion, square brilliant, heart and others. On the basis of the application the market is segmented as rings, earrings, pendants, bracelets and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global moissanite market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The moissanite market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting moissanite market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the moissanite market in these regions.
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MARKET PLAYERS
The reports cover key developments in the moissanite market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from moissanite market are anticipated to lucrative growth opportunities in the future with the rising demand for moissanite in the global market. Below mentioned is the list of few companies engaged in the moissanite market.
The report also includes the profiles of key moissanite companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
-Brilliant Earth, LLC
-CHARLES & COLVARD
-Cree, Inc.
-HRB Exports
-Loni Design Group
-Moissanite International
-MoissaniteCo
-Norstel
-Unimoss
-Wuzhou Changsheng Gems Co., Ltd
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