High Purity Quartz Sand Market Worth Around 1097.5 Million USD by 2023 | Healthy CAGR 9.0% In Worldwide Market

Global High Purity Quartz Sand Market is projected to grow at healthy CAGR of around 9.0% over the forecast period and market size will reach worth around 1,097.5 Million US$ By 2023.

The new research from Ameco Research on Global High Purity Quartz Sand Market Report for 2023 intends to offer target audience with the fresh outlook on market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure of the quality of research.

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Global High Purity Quartz Sand Market: Information by Type (High-Grade, Medium-Grade, Low-Grade), Application (Microelectronics, Solar Energetics, Lighting, Fiber Optics, Others), Region (North America, Europe, Asia-Pacific, Latin America)—Forecast till 2023

Market Synopsis of Global High Purity Quartz Sand Market

High purity quartz (HPQ) sand has 99.95% SiO2 content. HPQ, in general, can either be mined naturally or produced synthetically. Spruce Pine town in North Carolina (US) is the prime source of natural HPQ and two companies, namely "Sibelco" and "The Quartz Corporation" are engaged in mining of HPQ from the mines of Spruce Pine. HPQ can also be processed synthetically to minimize impurities such as boron or phosphorous by physical and chemical methods (acid treatment, dissolution, and hot chlorination). HPQ sand is also called as silica sand, silica powder, and silicon dioxide powder.

The global high purity quartz sand market is projected to reach USD 1,097.5 million by the end of 2023 registering a CAGR of over 9%. The key factors driving the global market growth include the growing demand in the electronics and solar industries owing to its excellent performance characteristics, such as high chemical purity, inertness, transmissivity to light, high temperatures resistance, and durability. The growth of the fiber optics market is also expected to provide growth impetus to the product market. Moreover, the recovery of the global economy and rapid industrialization in Asia-Pacific are also projected to trigger the growth of the global high purity quartz sand market.

Based on type, the high-grade segment accounted for the largest market share of over 55% by value in 2017 due to its large-scale consumption in high-end applications such as solar and microelectronics industries. The segment is expected to register a value CAGR of over 9% during the review period. By application, the microelectronics segment accounted for the largest market share, by value, of over 60% in 2017. However, the solar energetics segment is expected to register 10% CAGR during the forecast period.

However, volatile prices of chemical aids are expected to be a major barrier in the growth of the global market during the review period.

Global High Purity Quartz Sand Market Share, by Application, 2017 (%)

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Regional Analysis

The global high purity quartz sand market has been analyzed with respect to five major regions, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Asia-Pacific accounted for the largest market share of around 55% of the global market in 2017. The market is projected to exhibit the highest CAGR during the forecast period. This growth is attributed to the growth of the electronics industry. Presence of some of the major electronics hubs in the region, such as Japan, South Korea, and Taiwan, as well as growing demand for electronics are contributing to the increasing demand for the product in the region. The rising per capita disposable income, increasing consumer spending, and rising need for smart built up and thin systems are some of the factors driving the growth of the electronics industry in the region. According to the Workshop on Synchronization and Timing Systems (WSTS), in 2017, the sale of semiconductors was observed to be highest (69%) in Asia-Pacific (Japan-around 9%) as compared to the world. Additionally, the growing solar photovoltaics industry is also expected to fuel the growth of the product market in the region. According to SolarPower Europe, China currently holds the largest solar power generation capacity with around 32% market share of the total world as of 2017. The country installed around 52.8 GW capacity solar power plant, which accounts for more than half of the world's solar capacity in 2017, to be exact 53.3%.

North America accounted for the second-largest share, with the US contributing major share in 2017. The regional market is expected to witness healthy growth due to the strong demand in the electronics industry. Increasing research and development across the region is further supporting the product market growth. Initiatives such as Internet of Things (IoT), automation, and robotics are also likely to fuel the demand for semiconductor silicon wafers in numerous electronic gadgets, such as smart homes, wearables, connected buildings, and power tools, which is likely to propel the growth of the high purity quartz sand market during the forecast period.

Segmentation

The global high purity quartz sand market has been segmented based on type, application, and region.
Based on type, the global market has been divided into high grade, medium grade, and low grade.
By application, the global market has been categorized into microelectronics, solar energetics, lighting, fiber optics, and others.
The global market, by region, has been spanned across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Key Players

Some of the key players operating in the global high purity quartz sand market are Sibelco (Belgium), The Quartz Corporation (US), Mineraco Santa Rosa (Brazil), Creswick Quartz Plt Ltd (Australia), Kyshtym Mining (Russia), Jiangsu Pacific Quartz Co. Ltd (China), Momentive (US), Lianyungang Donghai Colourful Mineral Products Co. Ltd (China), Nordic Mining ASA (Norway), and HPQ materials (US).

Key Findings

Geographic Analysis

The report covers brief analysis of geographies including:
World
• North America
o US
o Canada
• Europe
o Germany
o Italy
o Russia
o UK
o France
o Spain
o Poland
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Thailand
o Australia & New Zealand
o Rest of Asia-Pacific
• Middle East & Africa
o Saudi Arabia
o Turkey
o Egypt
o South Africa
o UAE
o Nigeria
o Rest of the Middle East & Africa
• Latin America
o Brazil
o Argentina
o Mexico
o Colombia
o Rest of Latin America

Intended Audience

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global High Purity Quartz Sand Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Global High Purity Quartz Sand Market Research Report - Forecast to 2023

1 Executive Summary

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure

3 Market Insights
3.1 Global Market Share, by Region (%)

4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model

5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Growing electronics industry
5.2.2 Increasing demand in the solar energy industry
5.2.3 Drivers Impact Analysis
5.3 Restraint
5.3.1 Volatile prices of chemical aids
5.3.2 Restraint Impact Analysis
5.4 Opportunities
5.4.1 Growth in the fiber optics market

6 Market Factor Analysis
6.1 Supply Chain Analysis
6.1.1 Raw Material Suppliers
6.1.2 High Purity Quartz Sand Producers
6.1.3 Distribution Channel
6.1.4 Application
6.2 Porter’s Five Forces Analysis
6.2.1 Threat of New Entrants
6.2.2 Threat of Rivalry
6.2.3 Threat of Substitutes
6.2.4 Bargaining Power of Suppliers
6.2.5 Bargaining Power of Buyers

7 Global High Purity Quartz Sand Market, by Type
7.1 Introduction
7.2 Low Grade
7.3 Medium Grade
7.4 High Grade

8 Global High Purity Quartz Sand Market, by Application
8.1 Introduction
8.2 Microelectronics
8.3 Solar Energetics
8.4 Lighting
8.5 Fibre Optics
8.6 Others

9 Global High Purity Quartz Sand Market, by Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Spain
9.3.5 Italy
9.3.6 Russia
9.3.7 Poland
9.3.8 Rest of Europe

9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Australia & New Zealand
9.4.5 South Korea
9.4.6 Indonesia
9.4.7 Thailand
9.4.8 Rest of Asia Pacific
9.5 Latin America
9.5.1 Mexico
9.5.2 Argentina
9.5.3 Brazil
9.5.4 Colombia
9.5.5 Rest of Latin America
9.6 Middle East and Africa
9.6.1 Turkey
9.6.2 Saudi Arabia
9.6.3 Egypt
9.6.4 South Africa
9.6.5 UAE
9.6.6 Nigeria
9.6.7 Rest of Middle East and Africa

10 Competitive Landscape
10.1 Introduction
10.2 Key Developments Analysis
10.2.1 KEY DEVELOPMENTS

11 Company Profiles
11.1 Sibelco
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products Offered
11.1.4 Key Development
11.1.5 SWOT Analysis
11.1.6 Key Strategies
11.2 The Quartz Corporation
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products Offered
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategies
11.3 Mineracao Santa Rosa
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Products Offered
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategies
11.4 Creswick Quartz Plt Ltd
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products Offered
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategies
11.5 Kyshtym Mining
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Products Offered
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.5.6 Key Strategies
11.6 Jiangsu Pacific Quartz Co., Ltd
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Products Offered
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.6.6 Key Strategies
11.7 Momentive.
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products Offered
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.7.6 Key Strategies
11.8 Lianyungang Donghai Colorful Mineral Products Co., Ltd
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Products Offered
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.8.6 Key Strategies
11.9 Nordic Mining ASA
11.9.1 Company Overview
11.9.2 Products Offered
11.9.3 Key Developments
11.9.4 SWOT Analysis
11.9.5 Key Strategies
11.1 HPQ materials
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Key Developments
11.10.4 SWOT Analysis
11.10.5 Key Strategies

12 Conclusion

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