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High purity quartz (HPQ) sales are projected to hit about $918.9 Mn worldwide by 2022's end. The global high purity quartz market is expected to grow at a CAGR of 7.5% between 2022 and 2030, reaching a value of around US$ 1.78 Bn by the end of that period.
High-purity quartz is in high demand because of its increasing use in electronics. The use of high-purity quartz has increased steadily due to its excellent physio-chemical properties, such as its strong optical transmission and its ability to endure high temperatures. One market limitation is the expensive cost of high- and ultra-purity quartz.
The purity and number of impurities in high purity quartz are extremely high. Quartz, or silicon dioxide (SiO2), is one of the most common minerals on the planet. Not all quartz resources, nevertheless, may be used for things that require a very high level of purity. The purity of high purity quartz is often greater than 99.99% SiO2. Electronics, optics, semiconductor manufacturing, solar panel production, and specialty glass fabrication are just some of the industries that value its high purity and unique features.
In addition to its high UV transmittance and low thermal expansion, high purity quartz also has good dielectric characteristics and great thermal shock resistance. Because of these properties, quartz is used to create crucibles, glassware, rods and tubes, photovoltaic cells, optical fibres, and other high-tech components for the semiconductor industry. great purity quartz for use in fibre optics is in great demand because to the growing need for more network bandwidth and the worldwide increase in Internet penetration. Transmitting data over longer distances with reduced loss and immunity to electromagnetic interference is made possible by fibre optics.
In particular, major optical fibre producers in the United States and China are driving increasing demand for high purity quartz because to the expanding internet market and massive investments in 3G/4G/5G infrastructure. Over the past decade, solar PVs have swiftly expanded from a specialised sector to a widely adopted energy technology. In the future, solar photovoltaics will likely see the most demand in China, Japan, India, Australia, and Thailand. The United States and the United Kingdom, however, will continue to have a major effect on demand. The expansion of the solar photovoltaic market is the primary reason pushing up sales of high-purity quartz.
The market for high-quality quartz is divided into low-grade, medium-grade, and high-grade subsets based on grade. Microelectronics, solar, lighting equipment, optics, and other uses divide the market for this product type. The market is broken down into many regions based on geography: the Americas, Europe, Asia-Pacific, Latin America, and the MENA region. Due to its remarkable qualities and purity, high-quality quartz products find widespread application in the semiconductor industry. Crucibles and other quartz glass items like windows, rods, and tubes are made with this high purity quartz materials. Producing silicon metal from high purity quartz minerals is essential because it forms the basis for semiconductor wafers made using the Czochralski method. Therefore, the worldwide high purity quartz business is being driven by the expansion of the semiconductor industry.
Report Coverage
Global High Purity Quartz research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global High Purity Quartz report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and High Purity Quartz competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key High Purity Quartz market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global High Purity Quartz market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, High Purity Quartz market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Covia Holdings Corporation, The Quartz Corp, Russian Quartz LLC, Jiangsu Pacific Quartz Co., Ltd, High Purity Quartz Pty Ltd, I-Minerals Inc, Creswick Quartz, Nordic Mining ASA, and others
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global High Purity Quartz market based on the below-mentioned segments:
Global High Purity Quartz Market, By Form
Powder
Granules
Others (Quartz Chips)
Global High Purity Quartz market, By Purity
Intermediate (SiO2 - 99.95%)
High (SiO2 - 99.99%)
Ultrahigh (SiO2 - 99.997%)
Hyper (SiO2 - 99.999%)
Global High Purity Quartz Market, By Application
Semiconductors
Solar
Lighting
Optics
Others (Catalysts, Ceramics, and Agrochemicals)
Global High Purity Quartz market, Regional Analysis
High-purity quartz is in high demand because of its increasing use in electronics. The use of high-purity quartz has increased steadily due to its excellent physio-chemical properties, such as its strong optical transmission and its ability to endure high temperatures. One market limitation is the expensive cost of high- and ultra-purity quartz.
The purity and number of impurities in high purity quartz are extremely high. Quartz, or silicon dioxide (SiO2), is one of the most common minerals on the planet. Not all quartz resources, nevertheless, may be used for things that require a very high level of purity. The purity of high purity quartz is often greater than 99.99% SiO2. Electronics, optics, semiconductor manufacturing, solar panel production, and specialty glass fabrication are just some of the industries that value its high purity and unique features.
In addition to its high UV transmittance and low thermal expansion, high purity quartz also has good dielectric characteristics and great thermal shock resistance. Because of these properties, quartz is used to create crucibles, glassware, rods and tubes, photovoltaic cells, optical fibres, and other high-tech components for the semiconductor industry. great purity quartz for use in fibre optics is in great demand because to the growing need for more network bandwidth and the worldwide increase in Internet penetration. Transmitting data over longer distances with reduced loss and immunity to electromagnetic interference is made possible by fibre optics.
In particular, major optical fibre producers in the United States and China are driving increasing demand for high purity quartz because to the expanding internet market and massive investments in 3G/4G/5G infrastructure. Over the past decade, solar PVs have swiftly expanded from a specialised sector to a widely adopted energy technology. In the future, solar photovoltaics will likely see the most demand in China, Japan, India, Australia, and Thailand. The United States and the United Kingdom, however, will continue to have a major effect on demand. The expansion of the solar photovoltaic market is the primary reason pushing up sales of high-purity quartz.
The market for high-quality quartz is divided into low-grade, medium-grade, and high-grade subsets based on grade. Microelectronics, solar, lighting equipment, optics, and other uses divide the market for this product type. The market is broken down into many regions based on geography: the Americas, Europe, Asia-Pacific, Latin America, and the MENA region. Due to its remarkable qualities and purity, high-quality quartz products find widespread application in the semiconductor industry. Crucibles and other quartz glass items like windows, rods, and tubes are made with this high purity quartz materials. Producing silicon metal from high purity quartz minerals is essential because it forms the basis for semiconductor wafers made using the Czochralski method. Therefore, the worldwide high purity quartz business is being driven by the expansion of the semiconductor industry.
Report Coverage
Global High Purity Quartz research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global High Purity Quartz report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and High Purity Quartz competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key High Purity Quartz market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Covia Holdings Corporation, The Quartz Corp, Russian Quartz LLC, Jiangsu Pacific Quartz Co., Ltd, High Purity Quartz Pty Ltd, I-Minerals Inc, Creswick Quartz, Nordic Mining ASA, and others |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of High Purity Quartz Market from 2021 to 2030.
- Market Forecast for High Purity Quartz Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, High Purity Quartz competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on High Purity Quartz
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global High Purity Quartz market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, High Purity Quartz market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Covia Holdings Corporation, The Quartz Corp, Russian Quartz LLC, Jiangsu Pacific Quartz Co., Ltd, High Purity Quartz Pty Ltd, I-Minerals Inc, Creswick Quartz, Nordic Mining ASA, and others
Primary Target Market
- Market Players of High Purity Quartz
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global High Purity Quartz market based on the below-mentioned segments:
Global High Purity Quartz Market, By Form
Powder
Granules
Others (Quartz Chips)
Global High Purity Quartz market, By Purity
Intermediate (SiO2 - 99.95%)
High (SiO2 - 99.99%)
Ultrahigh (SiO2 - 99.997%)
Hyper (SiO2 - 99.999%)
Global High Purity Quartz Market, By Application
Semiconductors
Solar
Lighting
Optics
Others (Catalysts, Ceramics, and Agrochemicals)
Global High Purity Quartz market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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