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Advanced Materials

Synthetic Gems and Minerals

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REPORT HIGHLIGHTS

REPORT HIGHLIGHTS

  • Worldwide sales of synthetic gems and crystals were about $6.2 billion in 2002.
  • By 2007, sales are projected to rise at an average annual growth rate (AAGR) of 12.7% to reach $11.3 billion.
  • Synthetic industrial crystals accounted for 85% of total sales in 2002.
  • Sales of synthetic industrial crystals will grow faster than precious and semiprecious gems.

SUMMARY FIGURE
GLOBAL MARKET FOR SYNTHETIC GEMS AND INDUSTRIAL CRYSTALS, 1999-2007
($ MILLIONS)
Source: BCC, Inc.