BANGALORE from India, September 23, 2021 / PRNewswire / – High Purity Quartz Market by type breakdown data, 4N, 4N5, 4N8, application data – lighting industry, semiconductor, electronics, optical industry, others. Global opportunity analysis and industry forecast, 2021-2027. It is published in Evaluate reports under the Chemical industry Category.
The global high purity quartz market size is expected to reach $ 803.340 million by 2027, from $ 582,750 million in 2020, at a CAGR of 4.6% in 2021-2027.
In the silicon industry, high purity quartz is an essential raw material. Other applications of high purity quartz include quartz glass, lights, semiconductors, electronics, fiber optics, etc.
Major Factors Driving Growth of High Purity Quartz Market:
- The increase of applications in various industries is expected to drive the growth of the High Purity Quartz market. High purity quartz is the main raw material used to produce polysilicon, monocrystalline silicon, solar cells, optical fibers, quartz glass and integrated circuit boards.
- The crucibles used in the casting of silicon for the photovoltaic cells that make up the solar panels and the semiconductor components are made of high purity quartz. Thus, the increased demand for solar panels and semiconductors is in turn expected to stimulate the growth of high purity quartz.
- The high purity quartz market is driven by the rapid expansion of the broadband market and significant investments in 5G infrastructure. The need for high purity quartz used in optical fibers is increasing as the demand for higher network bandwidth and internet penetration increases worldwide.
- In addition, with the booming research and development operations in the high purity quartz market, new technologies have constantly developed over the past decade, leading to the expansion of the high purity quartz industry in the world. during the forecast period.
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TRENDS AFFECTING THE GROWTH OF THE HIGH PURITY QUARTZ MARKET
Due to its exceptional quality and purity, high purity quartz materials are ideal for use in the semiconductor industry. Crucibles are made from high purity quartz in the semiconductor industry. High purity quartz enables semiconductor parts to withstand the high temperatures of wafer manufacturing. The need for high purity quartz is driven by the increasing use of next generation wafers in semiconductors. Semiconductors are mainly used in electronic devices. It is the most common material used to improve the performance of articles. As a result, high purity quartz will be used more and more in the semiconductor industry; this, in turn, is expected to drive the growth of the high purity quartz market.
High purity quartz sand is the most cost effective alternative to meet the ever increasing quality criteria of the solar industry. Several countries around the world are implementing solar projects to reduce their dependence on non-renewable energy sources. High purity quartz sand (HPQ) is used to make crucibles for the solar cell industry. In the manufacture of solar cells and modules, high purity quartz is also used in crucibles, quartz glass for tubes, rods and widows, and silicon metal. During the forecast period, the high purity quartz market is expected to be fueled by the boom in solar industry.
Due to growing environmental concerns and the growing emphasis on the use of greener energy sources, the demand for solar components and resources has exploded. This in turn is expected to further boost the growth of the high purity quartz market.
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HIGH PURITY QUARTZ MARKET SHARE ANALYSIS
ACPA is expected to be the most lucrative region during the forecast period. The demand for high purity quartz in the Asia Pacific is led by an increase in the number of solar factories and manufacturing in the region. Due to the country’s promising semiconductor industry, China and Japan have a significant market share.
Based on the applications, semiconductors are expected to be the most lucrative segment and hold the largest share of the high purity quartz market in 2019. The main component of high purity quartz sand is silicon dioxide (SiO 2). Quartz is used in the semiconductor industry because it exhibits the piezoelectric effect, which is used in computer chip manufacturing and semiconductor technology. Extremely high purity quartz is used in the semiconductor industry to make silicon wafers, but it is scarce and expensive. Silicon metal semiconductors for transistors, microelectronics, integrated circuits and silicon chip are made from pure quartz sand.
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High Purity Quartz Market by Company
- Russian Quartz
- TQC (Norwegian sands)
- PQ (Pacific quartz)
- Momentive (United States)
- Singed rim (Korea)
- Australian silica sands
- Germany sands
- JP sands
- Mineracao Santa Rosa (MSR)
- Ron Coleman Mining
High Purity Quartz Market By Type
High Purity Quartz Market By Application
- Lighting industry
- Optical industry
High Purity Quartz Market by Region
Major Regions Covered by the High Purity Quartz Market Report are North America, Europe, China and Japan. It also covers key regions (countries), namely USA, Canada, Germany, France, UK, Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, United Arab Emirates, etc.
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– In 2020, the world High Purity Quartz Sand Market the size was $ 655.8 million and it is expected to achieve $ 945.7 million by the end of 2027, with a CAGR of 5.3% in 2021-2027.
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– The Global Silicon Dioxide Powder (High Purity Quartz Sand) Market is segmented by company, region (country), type and application. Players, stakeholders, and other participants of the global Silicon Dioxide Powder (High Purity Quartz Sand) Market will be able to gain the upper hand by utilizing the report as a powerful resource.
– In 2020, the global high purity synthetic quartz glass market the size was $ 358.6 million and it is planned to achieve $ 546.6 million by the end of 2027, with a CAGR of 6.2% in 2021-2027.
– Global High Purity Quartz Glass Sales Market The research report contains market size, market share, market dynamics, Porter’s 5 forces analysis, segmentation, regional, and competitor analysis. Product type: transparent quartz glass, opaque quartz glass, application: photovoltaic industry, semiconductor industry, communications industry, lamp and lighting industry.
– In 2020, the Quartz crucible market the size was $ 277.1 million and it is planned to achieve $ 343.7 million by the end of 2027, with a CAGR of 3.1% in 2021-2027.
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