Market Overview:
The global synthetic quartz market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for synthetic quartz in various applications, such as electronics & electrical, automotive, and construction. Synthetic quartz is used as a raw material in various end-use industries owing to its properties such as thermal stability, optical clarity, and chemical resistance. In addition, growing awareness about the benefits of using synthetic quartz is also propelling the growth of this market.
Product Definition:
Synthetic quartz is a man-made product that has the same physical and chemical properties as natural quartz. It is used in many industrial applications, including making semiconductors, optical fibers, and precision instruments.
Synthetic Quartz Crystal:
Synthetic quartz crystal is a type of synthetic mineral, which is made up of silicon and oxygen. It has the same chemical properties as natural quartz crystals. The major difference between the two is that in nature, Quartz absorbs light falling on it from within a specific range of wavelengths (400-450 nm). Whereas synthetic quartz crystal does not absorb light at all; it reflects all types of visible light falling on it.
Synthetic Quartz Glass:
Synthetic quartz glass is a type of man-made glass that was created in laboratories. It has properties similar to natural quartz and is hence used as an alternative to the latter. The primary reason for its production was to develop superior quality materials for use in jewelry, electronics, and other industrial applications where high-quality transparent material was required.
Application Insights:
The electronics and electrical application segment accounted for the largest market share in 2016. The product is widely used in electronic devices such as smartphones, laptops, digital diaries and calculators owing to its superior properties including low thermal conductivity, high purity level and high strength. It is also employed in various other products such as LED televisions, washing machines etc. during the manufacturing process of these products.
Automotive was one of the major applications witnessing significant demand from 2016 to 2018 which can be attributed to increasing production levels of vehicles across developing countries like India and China along with stringent government regulations regarding pollution control devices installed in vehicles manufactured after 2010 model years globally Synthetic quartz based infrared cutters are used on account of their features including long life span, low power consumption along with a small size that does not occupy much space but provides excellent performance.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as electronics, automotive, construction and others. China is one of the major producers of synthetic quartz owing to availability of raw materials at a low cost.
The Asia Pacific regional market was followed by Europe in terms of revenue share in 2017 on account Synthetic Quarts Crystal (SQC) being a luxury product with high price attached to it. However, European countries are anticipated to witness sluggish growth rate over the next eight years due to economic slowdown coupled with stringent environmental regulations by EC concerning emission levels from vehicles operating on diesel fuel or other alternative fuels used for transportation purposes; these factors are likely going slow down overall economic growth in Europe which will eventually affect industry dynamics negatively impacting SQC demand there as well as across all other regions globally Synthitc Quartz Market 8).
Growth Factors:
- Increasing demand for synthetic quartz in the automotive and construction industries as a substitute for natural quartz.
- Rising demand from emerging economies such as China and India due to growth in their manufacturing sectors.
- Growing use of synthetic quartz in solar energy applications owing to its thermal insulation properties.
- Increasing application of synthetic quartz in LED lighting owing to its high transparency and heat resistance properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Quartz Market Research Report
By Type
Synthetic Quartz Crystal, Synthetic Quartz Glass
By Application
Electronics & Electrical, Automotive, Construction
By Companies
Murata, TXC, Shin-Etsu, Nihon Dempa Kogyo, CoorsTek, Seiko Epson, Asahi Glass, Siward, Kyocera, Heraeus Quarzglas, Murata
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Quartz Market Report Segments:
The global Synthetic Quartz market is segmented on the basis of:
Types
Synthetic Quartz Crystal, Synthetic Quartz Glass
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
Electronics & Electrical, Automotive, Construction
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:
- Murata
- TXC
- Shin-Etsu
- Nihon Dempa Kogyo
- CoorsTek
- Seiko Epson
- Asahi Glass
- Siward
- Kyocera
- Heraeus Quarzglas
- Murata
Highlights of The Synthetic Quartz 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:
- Synthetic Quartz Crystal
- Synthetic Quartz Glass
- By Application:
- Electronics & Electrical
- Automotive
- Construction
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 is a man-made material that is made up of tiny crystals. It is often used in watches and other jewelry because it looks like natural quartz, but it doesn't contain any natural minerals.
Some of the key players operating in the synthetic quartz market are Murata, TXC, Shin-Etsu, Nihon Dempa Kogyo, CoorsTek, Seiko Epson, Asahi Glass, Siward, Kyocera, Heraeus Quarzglas, Murata.
The synthetic quartz market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Quartz 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetic Quartz 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 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 Market Size & Forecast, 2020-2028
4.5.1 Synthetic Quartz Market Size and Y-o-Y Growth
4.5.2 Synthetic Quartz 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 Synthetic Quartz Crystal
5.2.2 Synthetic Quartz Glass
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 Electronics & Electrical
6.2.2 Automotive
6.2.3 Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic Quartz 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 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 Synthetic Quartz Crystal
9.6.2 Synthetic Quartz Glass
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 Electronics & Electrical
9.10.2 Automotive
9.10.3 Construction
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 Synthetic Quartz Crystal
10.6.2 Synthetic Quartz Glass
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 Electronics & Electrical
10.10.2 Automotive
10.10.3 Construction
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 Synthetic Quartz Crystal
11.6.2 Synthetic Quartz Glass
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 Electronics & Electrical
11.10.2 Automotive
11.10.3 Construction
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 Synthetic Quartz Crystal
12.6.2 Synthetic Quartz Glass
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 Electronics & Electrical
12.10.2 Automotive
12.10.3 Construction
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 Synthetic Quartz Crystal
13.6.2 Synthetic Quartz Glass
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 Electronics & Electrical
13.10.2 Automotive
13.10.3 Construction
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 Market: Competitive Dashboard
14.2 Global Synthetic Quartz Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Murata
14.3.2 TXC
14.3.3 Shin-Etsu
14.3.4 Nihon Dempa Kogyo
14.3.5 CoorsTek
14.3.6 Seiko Epson
14.3.7 Asahi Glass
14.3.8 Siward
14.3.9 Kyocera
14.3.10 Heraeus Quarzglas
14.3.11 Murata
