Persistence Market Research (PMR) provides in-depth analysis and forecast on the global high purity quartz market from 2017 and 2024. The report has considered 2016 as the base year to provide data on the following years. The report also offers analysis on the global market for high purity quartz. The report also helps in identifying all the factors that are playing an important role in the market growth. The report also focuses on all the market dynamics including market trends, drivers, opportunities, and challenges. Details on the regional market as well as stakeholders contributing to the current future market growth in the global high purity quartz market is given in the report.
The report also offers analysis of various factors of high purity quartz and details on the demand and sales along with forecast. The market is segmented on the basis of grade, application, and region. These key segments are further divided into sub-segments and key regions are further segmented into countries.
The report also offers insights on the use of high purity quartz across the various application. The report also includes a brief analysis on how manufacturers are using advanced technology and what new developments are taking place in the global market for high purity quartz.
The high purity quartz is used in various application and hence the report also provides an analysis of prices based on various application, grades and estimated value and volume. Moreover, the report provides SWOT analysis, Porter’s five force analysis in the global high purity quartz market.
The last section in the report provides detail on all the leading companies along with the comparison of these companies including market share, key developments in the global market for high purity quartz. The report also identifies key companies based on their success in the market, and other parameters such as financial overview, product portfolio and business overview.
The report also offers details on the revenue generated by manufacturers in the global high purity quartz market. The forecast also includes details on the estimated revenue to be generated during 2017-2024 in the global market for high purity quartz. Current market size is also provided in the report to see how the market will perform in the coming years. The outcome of the market is evaluated on the basis of the demand side, supply side, and based on micro and macro-economic factors across various regions.
The report provides a forecast in terms of CAGR, year-on-year growth this helps to identify all the growth opportunities in the global high purity quartz market. The report also includes an incremental opportunity for all the key segments. This is the most important part of the market as along with the opportunities it also helps in identifying all the potential resources in the global market for high purity quartz.
For a better understanding of the overall market, the report by Persistence Market Research has also developed market attractiveness Index with the help of market attractiveness analysis. This is also helping in identifying real opportunities in the global high purity quartz market.
High purity quartz used for the high-tech application is available in only a few locations around the world. Hence, companies are looking for more sources with the rising demand from various industries. Both consumers and suppliers are demanding quartz granules with the highest quality. Manufacturers are also focusing on using advanced refining techniques. This can help end-users to focus on core business, instead of investing time and money on purifying quartz. With the growing demand, many high purity quartz deposits are under development. However, it is being hampered by quality assurance regulation globally. Moreover, the process of improving broadband connection has also resulted in the increasing demand for synthetic silica glass used in fiber optics. All the waveguides in fiber optics are made of synthetic quartz.
Quartz grading is set based on the characteristics, quality, uses, unit price, and production method. Hence, companies are also focusing on ultra-pure quartz production used in the production of optical telecommunication, or in the glass industry. Companies are working on the high purity quartz project in various locations across the globe and are also developing a final product that can be used directly by the end-user. The rise in demand for high purity quartz, the mining industry are also focusing on high purity quartz.
As per the report by Persistence Market Research, the global high purity quartz market is expected to witness the robust growth between 2017 and 2024. The global market for high purity quartz is also projected to account for the sales of 118548 tons of high purity quartz towards 2024 end.
Grade II and Grade III HPQ to Register Fastest Growth in the Global High Purity Quartz Market
Compared to the various grades of high purity quartz, grade II and grade III high purity quartz are likely to witness robust growth during 2017-2024. The market for high quality fused glass tubing and quartz ware is growing this is likely to drive the demand for grade II high purity quartz. Meanwhile, grade III high purity quartz is rear and used in manufacturing semiconductor grade crucibles.
High Purity Quartz to be used on a Large Scale in Semiconductor Industry
High purity quartz is considered to be an essential raw material in the semiconductor industry. Moreover, consumption of semiconductor as a base material is also growing in the new fabrication plants. Also, increasing demand for electronics such as mobile phones is also expected to drive the demand for a semiconductor. All these factors are resulting in the growth of the high purity quartz. With advancement in technology, chip designers and manufacturers are using semiconductors to increase the performance of products. Hence, with the growing use of semiconductor in various industries, the demand for high purity quartz in the semiconductor industry is likely to rise.
Manufacturers of solar silicon are also looking forward to reducing the production cost. This is likely to result in new technologies based on high purity material with less investment in production and operation that will help companies to compete in the solar silicon market. This is expected to increase the demand for high purity quartz, which is low in phosphorus and boron to be used in solar silicon.