Global Study on Moissanite Market, 2015–2025

Global Moissanite Market, 2015 to 2025

Persistence Market Research

Global Moissanite Market is Expected to Be
Valued At US$ 48,837.2 Mn by 2025:
Persistence Market Research

Persistence Market Research

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Global Moissanite Market, 2015 to 2025
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on Moissanite: North
America to Be the Most Lucrative Region and Also To Witness Highest Growth By
2025,” the global moissanite market is estimated to be valued at US$ 26,800.5 Mn by the
end of 2015 and is anticipated to expand at a CAGR of 6.2% from 2015 to 2025, to account
for US$ 48,837.2 Mn by 2025.

Moissanite is a lab-created gemstone that is generally perceived as a diamond substitute by
consumers. Moissanite is composed of silicon carbide and is created through a thermal
process that is patented by Charles & Colvard Ltd., the only manufacturer of moissanite
across the globe. Moissanite, a synthetic diamond, has been estimated to account for
around 1.6% share of the overall gemstone market by 2015 end.

Currently, the global moissanite market across the world is mainly driven by factors, such as
resemblance of the product as diamond, rising consumer awareness about the product, and
increasing consumer inclination towards luxurious jewelry products. However, factors such
as the emergence of new technologies for creating other similar gemstones may restrain the
market growth over the forecast period. The global moissanite market is anticipated to
expand at a CAGR of 6.2 % from 2015 to 2025, to account for US$ 48,837.2 Mn by 2025.

On the basis of application, the moissanite market has been segmented into rings, earrings,
bracelets, and pendants. The rings segment is expected to account for 80.4% share of the
global moissanite market by 2015 end, and is expected to register a moderate CAGR of 6.5%
in terms of value over the forecast period (2015–2025). There has been a...