Press release
What's Driving the Quartz Market Growth? Caesarstone, Thermo Fisher Scientific, Saint Gobain
Global Quartz Market
Quartz is a mineral form of SiO2 stable at low temperatures and pressures. It is found in igneous, sedimentary, metamorphic, and hydrothermal mineral environments, mainly in continental regions. It is highly resistant to mechanical and chemical weathering, and the high durability makes it the dominant mineral of mountaintops and the primary constituent of river, beach, and desert sand.
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The Asia Pacific region held the largest market share in the global quartz market. The region is dominated by the presence of a number of quartz manufacturers such as Caesarstone, Hanwha L&C, Dupont Cosentino Group, among others, propels the quartz market growth. The rapid adoption of innovative and advanced technologies by these players in order to improve operational efficiency is expected to boost the APAC quartz market during the forecast period.
Increasing industrial development coupled with rising government investments towards the automotive & electrical and electronics infrastructures is expected to fuel the quartz market in the upcoming years. Also, the increasing research and development investments for quartz production is estimated to boost the quartz market growth in the Asia-Pacific region. India, China, and Japan are the largest countries, contributing to the overall quartz market in the Asia-Pacific.
Market Insights
Abundant availability and wide range applications of quartz to propel the quartz market
Quartz finds usage in a wide range of applications in industries such as electronics and semiconductor, solar, buildings and construction, medical, and optics and telecommunications. Quartz is naturally available in different varieties, shapes, transparencies, and colors, which further increase its value and application.
Different types of colored quartz are considered semi-precious gemstones, and they are often used in jewelry and stone carving. Amethyst, ametrine, citrine, and opal are precious or semi-precious gemstones that are widely used in jewelry for their color and durability. On grounding quartz into quartz sands, it can be used in the production of fiberglass, and as an abrasive in sandblasting and stone-cutting.
Pure quartz sand is extensively used in water purification systems. Small chips produced of quartz are used in watches, televisions, clocks, computers, and stereos as quartz when under pressure has the potential to produce an electric voltage that can control the frequencies of electric impulses.
Rising Demand for Synthetic Quartz is expected to boost the quartz market globally
Synthetic quartz offers various beneficial properties such as resistance to acids, corrosion, high temperatures, impact, wear, compression, bending, and infiltration. Therefore, it is extensively used in the electronics and semiconductor industry. Synthetic quartz is most prominently used in optical components that are used in wavelength lasers of microlithography projection systems.
The optical components made of synthetic quartz are used to transmit high-energy ultraviolet laser radiation for producing large-scale integrated circuits. Synthetic quartz components are highly resistant to laser, which makes them suitable for high-power or short-wavelength lasers. Synthetic quartz is also used to manufacture crucibles that pull single crystal silicon used to produce semiconductor devices and solar cells.
High purity quartz is further used for single crystal ingots from silicon metal in the solar industry. Currently, most of the quartz crystals used in optical instruments and electronic components are produced in laboratories instead of extracting from mines. Therefore, the easy availability of synthetic quartz and its application in various industries, such as electronics & electrical, automotive, and construction, are among the factors boosting the demand for synthetic quartz and impacting the quartz market globally.
Product Insights
On the basis of product, the global quartz market has been segmented into quartz surface and tile, high-purity quartz, quartz glass, quartz crystal, quartz sand, and others. Under the products segment, the quartz surface and tile market led to the global quartz market. Moreover, the high-purity quartz segment is anticipated to register the fastest CAGR over the projected period. High purity quartz (HPQ) has a negligible amount of impurities and is produced with more than 99% silicon dioxide. HPQ is used in industries such as semiconductor, solar, fiber optics, and lighting.
High purity fused quartz is made from high purity quartz and offers a wide range of optical, mechanical, and thermal properties that are essential for manufacturing various high-tech products. Growing demand for high purity quartz from the semiconductor industry is the primary factor driving its demand globally. In the semiconductor industry, HPQ is used for applications such as in the production of tubes, crucibles, and rods.
End-User industry Insights
The global quartz market by the end-user industry has been segmented into electronics and semiconductor, solar, buildings and construction, medical, optics and telecommunication, and others. The electronics and semiconductor segment accounted for the largest share in the global quartz market. Quartz is widely used in electronic devices such as resonators to provide stable performance.
Naturally occurring pure quartz is used for growing silicon wafers in the semiconductor industry. Pure quartz sand is used to produce silicon metal semiconductors for transistors, in the development of integrated circuits, microelectronics, and the silicon chip. Quartz is also used as a piezoelectric cell that produces electricity when applied stress and even has a converse effect.
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Strategic Insights
Mergers and acquisitions were observed as the most adopted strategies in the global quartz market. Few of the recent developments in the global quartz market are listed below:
2019: Saint Gobain SA conducted R&D for new possible applications.
2017: Quality Quartz Engineering has been selected to deliver design development work on a load-bearing quartz rod integral to the energy supply of the world's largest fusion reactor.
GLOBAL QUARTZ MARKET SEGMENTATION
Global Quartz Market - By Product
Quartz Surface and Tile
High-Purity Quartz
Quartz Glass
Quartz Crystal
Quartz Sand
Others
Global Quartz Market - By End-User Industry
Electronics and Semiconductor
Solar
Buildings and Construction
Medical
Optics and Telecommunication
Others
Global Quartz Market - By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Russia
Rest of Europe
Asia Pacific
Australia
China
India
Japan
South Korea
Rest of Asia Pacific
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
Rest of MEA
South America
Brazil
Argentina
Rest of South America (SAM)
Company Profiles
Caesarstone Ltd
Thermo Fisher Scientific Inc.
Sibelco
E. I. DU Pont De Nemours and Company
Saint Gobain S.A.
Creswick Quartz
Quartz Corporation
Momentive Performance Materials Inc.
Baba Quartz
Quality Quartz Engineering
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