High Purity Quartz Market size worth around US $1143.6 million by 2026: Acumen Research and Consulting


Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “High Purity Quartz Market (By Application: Semiconductors, Solar, Lightening, Optics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026”.

LOS ANGELES, March 27, 2019 (GLOBE NEWSWIRE) -- The international high purity quartz market’s value is foreseen to reach USD 1143.6 million by the end of 2026 and the market is expected to market a compounded annual growth of 5.8% through the forecast years. The market is driven by surge in need for high purity quartz in the solar and semiconductor industry.

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High purity quartz products are perfect for use in the semiconductor business, because of their predominant quality and excellent purity. High purity quartz is utilized in the semiconductor business to create pots and quartz glass products, for example, windows, poles, and tubes. High purity quartz is additionally utilized in the creation of silicon metal, which is the base for semiconductor wafers produced by utilizing the Czochralski procedure. Heartlands of the semiconductor generation are Japan, South Korea, Germany, and California. Quartz Corp, a U.S.- based organization, is proficient to supply HPQ in these areas because of vital area of its workplaces in the U.S. also, Europe and solid group of offers and promoting in Asia. High purity quartz empowers portions of a semiconductor to withstand extraordinary temperatures of wafer processing. Rising utilization of new-age wafers in semiconductors is driving the demand for high purity quartz. Semiconductors are for the most part utilized in the gadgets business. It is the most favoured material of decision to upgrade the execution of products. This, thusly, would fuel the utilization of high purity quartz in the semiconductor business in the following couple of years.

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Rising utilization of new-age wafers in semiconductors is driving the demand for high purity quartz. Solar based is the second-biggest application portion of the worldwide high purity quartz market. High purity quartz is utilized basically for Czochralski cauldrons and for photovoltaic cells, tubes, and other equipment utilized in the photovoltaic business. High purity quartz is utilized in a few habits in the assembling of c-Si cells and modules incorporating into cauldrons; in quartz glass for photovoltaic cells, tubes and other hardware; and in silicon metal, which the base material for all c-Si PV modules. HPQ is utilized in a wide range of quartz helping including automotive xenon, HID, halogen, and UPH lights. The glass utilized in incandescent lights must have superb optical transmission properties and capacity to withstand extraordinary temperatures and warm stuns, without getting distorted. The tungsten fiber gleams at a temperature of 2500°C, just a couple of mm far from the glass wall. Just high purity quartz glass can be utilized for this application.

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The global high purity quartz market has been classified into application and region. Based on application, the global high purity quartz market is segregated into semiconductors, solar, lightening, optics, others. On the basis of region, the global high purity quartz market is bifurcated into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific.

Based on the region, the worldwide high purity quartz showcase has been partitioned into Latin America, North America, Asia Pacific, Europe, and Middle East and Africa. As far as both revenue and volume, Asia Pacific dominated the worldwide high purity quartz market in 2017. Expanding number of solar powered plants and fabrication plants in the region drives the market in Asia Pacific. China and Japan hold a noteworthy offer of the Asia Pacific market, inferable from nearness of a promising semiconductor industry in these nations. Key players lean toward putting resources into Asia Pacific, as the region presence of natural reserves, for example, mineral stores and plentiful accessibility of work. North America is another noteworthy shopper of high purity quartz, with the presence of a substantial number of players, high-purity deposits, assembling and manufacturing offices in the area. The Quartz Corp is a noteworthy provider of high purity quartz sand from locales in Spruce Pine (the U.S.), which is the source of the world's most flawless quartz, and Drag (NO).

The main companies in the global high purity quartz market are Nordic Mining ASA, Quartz Corporation, Creswick Quartz, Momentive Performance Materials Inc., Sibelco, Russian Quartz, Jiangsu Pacific Quartz Co., Ltd., I-Minerals Inc., and High Purity Quartz Pty Ltd.

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