Market Overview:
The global synthetic quartz lens materials market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for photomask substrates, glass wafers, lighting optics, and industrial quartz from various end-use industries. In addition, the growing demand for high laser synthesis technology is also contributing to the growth of this market. However, factors such as volatility in prices of raw materials and stringent government regulations are restraining the growth of this market. On the basis of type, conventional synthesis accounted for a major share of the global synthetic quartz lens materials market in 2017. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030 owing to its low cost and easy availability compared with high laser synthesis technology.
Product Definition:
A synthetic quartz lens material is a man-made product that is made of silicon dioxide. It has many important uses, including in optical instruments, windows, and semiconductor devices.
Conventional Synthesis:
Conventional synthesis is the process of making a chemical substance or compound by conventional methods. In other words, it's the most common and traditional method used to make any chemical compound or substance. The conventional synthesis of synthetic quartz lens materials market includes processes such as hydrothermal, microwave, ultrasound and photolysis methods along with some other less popular ones like candle method and HCl & HI method.
High Laser Synthesis:
High laser synthesis is a process of creating highly pure and uniform materials from a bulk material by using high power lasers. The process is used to produce synthetic quartz lens materials that are used in the manufacturing of optical lenses for cameras, smartphones, and other devices.
The key driver for this market is the growing demand for lightweight optical lenses due to rising concerns over carbon emissions from vehicles coupled with increasing fuel prices.
Application Insights:
The lighting optics segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to increasing demand for high-power LEDs and laser diodes that are used as light sources for digital cameras, projectors, and other applications. Synthetic quartz lens materials are used as a replacement of traditional glass lenses owing to several advantages they offer including higher optical clarity, lower weight, better heat resistance along with the ability to handle extreme temperatures without getting damaged or altered in any way.
The photomask substrate segment is expected to grow at a significant rate over the forecast period due largely on account of growing usage of photomasks for manufacturing semiconductors and other electronic components that form an essential part of almost every modern device we use every day such as smartphones.
Regional Analysis:
Europe accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The presence of major players, such as Corning Incorporated; Carl Zeiss AG; Nikon Corporation; and Schott Group, has led to high product penetration in this region. Europe is also home to several optoelectronics manufacturers who are actively engaged in developing advanced photonic products using synthetic quartz lenses.
Asia Pacific emerged as a prominent regional market for synthetic quartz lens materials owing to rapid industrialization coupled with increasing demand from end-use industries such as lighting optics, photomasks & semiconductors. Countries like China and Japan have been manufacturing consumer electronics products at cheaper costs due to low labor cost compared with other countries around the world which has resulted into increased production volume of these devices within Asia Pacific region thus driving growth of industry within this region over the forecast period.
Growth Factors:
- Increasing demand for smartphones and other consumer electronics products
- Growing awareness about the benefits of using synthetic quartz lens materials in optical devices
- Rising demand from the medical sector for synthetic quartz lens materials used in ophthalmic surgeries and other treatments
- Technological advancements that are resulting in better quality and performance of synthetic quartz lens materials
- Increasing investments by manufacturers in research and development to develop new applications for synthetic quartz lens materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Quartz Lens Materials Market Research Report
By Type
Conventional Synthesis, High Laser Synthesis
By Application
Photomask Substrate, Glass Wafer, Lighting Optics, Industrial Quartz
By Companies
AGC, Tosoh SGM, Murata Manufacturing, MISUMI USA, Daico MFG Co Ltd, Heraeus, NQW(Nano Quarz Wafer), Shin-Etsu, PGO(Präzisions Glas And Optik GmbH), Ohara Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Quartz Lens Materials Market Report Segments:
The global Synthetic Quartz Lens Materials market is segmented on the basis of:
Types
Conventional Synthesis, High Laser Synthesis
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Photomask Substrate, Glass Wafer, Lighting Optics, Industrial Quartz
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AGC
- Tosoh SGM
- Murata Manufacturing
- MISUMI USA
- Daico MFG Co Ltd
- Heraeus
- NQW(Nano Quarz Wafer)
- Shin-Etsu
- PGO(Präzisions Glas And Optik GmbH)
- Ohara Corporation
Highlights of The Synthetic Quartz Lens Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional Synthesis
- High Laser Synthesis
- By Application:
- Photomask Substrate
- Glass Wafer
- Lighting Optics
- Industrial Quartz
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Synthetic Quartz Lens Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Synthetic quartz lens materials are made from a variety of synthetic materials, including polycarbonate and acrylic. These materials are often used in sunglasses because they offer good protection against the sun's rays while still allowing people to see clearly.
Some of the key players operating in the synthetic quartz lens materials market are AGC, Tosoh SGM, Murata Manufacturing, MISUMI USA, Daico MFG Co Ltd, Heraeus, NQW(Nano Quarz Wafer), Shin-Etsu, PGO(Pr¤zisions Glas And Optik GmbH), Ohara Corporation.
The synthetic quartz lens materials market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Quartz Lens Materials Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Synthetic Quartz Lens Materials Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Synthetic Quartz Lens Materials Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Synthetic Quartz Lens Materials Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Synthetic Quartz Lens Materials Market Size & Forecast, 2020-2028 4.5.1 Synthetic Quartz Lens Materials Market Size and Y-o-Y Growth 4.5.2 Synthetic Quartz Lens Materials Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Conventional Synthesis
5.2.2 High Laser Synthesis
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Photomask Substrate
6.2.2 Glass Wafer
6.2.3 Lighting Optics
6.2.4 Industrial Quartz
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic Quartz Lens Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Synthetic Quartz Lens Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Conventional Synthesis
9.6.2 High Laser Synthesis
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Photomask Substrate
9.10.2 Glass Wafer
9.10.3 Lighting Optics
9.10.4 Industrial Quartz
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Conventional Synthesis
10.6.2 High Laser Synthesis
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Photomask Substrate
10.10.2 Glass Wafer
10.10.3 Lighting Optics
10.10.4 Industrial Quartz
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Conventional Synthesis
11.6.2 High Laser Synthesis
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Photomask Substrate
11.10.2 Glass Wafer
11.10.3 Lighting Optics
11.10.4 Industrial Quartz
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Conventional Synthesis
12.6.2 High Laser Synthesis
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Photomask Substrate
12.10.2 Glass Wafer
12.10.3 Lighting Optics
12.10.4 Industrial Quartz
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Conventional Synthesis
13.6.2 High Laser Synthesis
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Photomask Substrate
13.10.2 Glass Wafer
13.10.3 Lighting Optics
13.10.4 Industrial Quartz
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Synthetic Quartz Lens Materials Market: Competitive Dashboard
14.2 Global Synthetic Quartz Lens Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AGC
14.3.2 Tosoh SGM
14.3.3 Murata Manufacturing
14.3.4 MISUMI USA
14.3.5 Daico MFG Co Ltd
14.3.6 Heraeus
14.3.7 NQW(Nano Quarz Wafer)
14.3.8 Shin-Etsu
14.3.9 PGO(Präzisions Glas And Optik GmbH)
14.3.10 Ohara Corporation