Global High Purity Quartz Sand Market Overview
The market is expected to witness a CAGR of 9.8% during the forecast period (2021-2030). In 2017, more than USD 627,300 thousand worth high purity quartz sand was shipped globally.
Along with the growing demand for technical innovations and the electronics industry, the growing semiconducting industry is expected to boost the global high-purity quartz industry. The growing demand for high-purity quartz glass in optic-fiber is driven by increased network capacity, increased use of new-age wafers in semiconductors, and increased internet penetration around the world. In addition, with the full swing of research & development efforts on the high-pure quartz industry, technological advances have consistently grown over the last decade, driving the high purity quartz industry’s growth over the forecast period.
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High Purity Quartz Sand Market: Prominent Players
The Quartz Corporation, Sibelco, Creswick Quartz Plt Ltd., Momentive, Lianyungang Donghai Colorful Mineral Products Co., Ltd., HPQ materials, Mineracao Santa Rosa, Jiangsu Pacific Quartz Co., Ltd., Kyshtym Mining, Nordic Mining ASA.
The high purity quartz sand market report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
In 2019, the highest purity quartz market was dominated by quartz sand. Quartz sand is widely used in aerospace, electronics, machinery, information technology, petroleum, and other industries. Over time, the semiconductor industry has increased its demand for high purity quartz sand. There are no substitutes for high purity quartz sand in the electronics sector, which is intended to ensure long-term market growth. Apart from semiconductors, the solar energy sector will also contribute significantly to the growth of the highly pure quartz sand market over the forecast period.
The COVID-19 pandemic has disrupted the supply chains of several industries around the world, including electronics and semiconductors, construction, and automotive. As a result, the demand for quartz in these industries decreased. Solar power usage has increased, but this hasn’t been enough to bring the market back. The global construction industry has been impacted by the COVID-19 pandemic, with projects facing labor shortages, supply chain issues, and financing constraints. The ripple effects can be seen all over the industry, from China’s initial crisis to construction sites all over the world. However, because the lockdowns in most countries across the world have been lifted, the market is expected to recover as most industries resume manufacturing.
Piezoelectric properties are found in quartz crystals. It is one of the most corrosive-resistant naturally occurring mineral deposits. The market is divided into types, end-user industries, and geographic regions.
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- By Product
- Quartz Surface and Tile
- High-purity Quartz
- Quartz Glass
- Quartz Crystal
- Quartz Sand
- By End Use Industry
- Electronics and Semiconductor
- Buildings and Construction
- Optics and Telecommunication
- By Region
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
Rest of LAMEA
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China is a major country in the Asia-Pacific region with a lot of construction going on. The industrial and construction industries are projected to account for roughly half of the country’s GDP. In the consumer electronics segment of the market studied, electronic products such as smartphones, OLED TVs, and tablets saw the most growth.
Polysil, a silicone elastomer and polymers company, was acquired by Elkem. Silicone products are available from Polysil for the electronic parts and medical markets.
Ferroglobe announced that its factory in Spain would begin producing solar grade silicon. FerroSolar SL, a Spanish subsidiary, manages the production.
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1 Executive Summary
2 Market Introduction
2.1 Definition 17
2.2 Scope Of The Study 17
2.3 List Of Assumptions 18
2.4 Market Structure 19
3 Market Insights
3.1 Global Market Share, By Region (%) 21
4 Research Methodology
4.1 Research Process 25
4.2 Primary Research 26
4.3 Secondary Research 27
4.4 Market Size Estimation 27
4.5 Forecast Model 28
5 Market Dynamics
5.1 Introduction 30
5.2 Drivers 30
5.2.1 Growing Electronics Industry 30
5.2.2 Increasing Demand In The Solar Energy Industry 32
5.2.3 Drivers Impact Analysis 34
5.3 Restraint 34
5.3.1 Volatile Prices Of Chemical Aids 34
5.3.2 Restraint Impact Analysis 34
5.4 Opportunities 35
5.4.1 Growth In The Fiber Optics Market 35
6 Market Factor Analysis
6.1 Supply Chain Analysis 37
6.1.1 Raw Material Suppliers 37
6.1.2 High Purity Quartz Sand Producers 37
6.1.3 Distribution Channel 38
6.1.4 Application 38
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