Product Code: GVR-4-68040-331-6
Synthetic Quartz Market Size & Trends
The global synthetic quartz market size was estimated at USD 84.67 million in 2023 and is estimated to grow at a CAGR of 5.3% from 2024 to 2030.The growing production of electronic devices amidst technological advancements is propelling the demand for synthetic quartz. Synthetic crystals are composed of silicon dioxide. They offer exceptional stability and precision in electronic devices such as sensors, filters, and oscillators. They are widely used in optoelectronics, electronics, instrument and radio engineering, and precision optical components production, among others. Rising advancements in 5G technology and IoT present lucrative growth opportunities for the market to flourish.
The high durability performance of synthetic quartz crystals makes them applicable in optical devices for steppers in semiconductor manufacturing. As a result, growth in semiconductor manufacturing is anticipated to be one of the key drivers for the market. As per Semiconductor Manufacturing Association, the U.S. chip manufacturing capacity is expected to triple by 2032. This indicates positivity after the U.S. president signed the CHIPS and Scient Act into law.
Further, the solar industry is anticipated to provide lucrative opportunities for the market. In May 2024, a technological breakthrough was published in a study, where scientists in their new proof-of-concept technology used synthetic quartz crystal for trapping solar energy at temperatures over 1000°C. This demonstrates the potential of using green energy to run processes for some carbon-intensive industries such as chemicals, metal, glass, and cement.
Price fluctuations is one of the key restraints faced by the market players. For instance, as per the Q2 2024 performance report of KDS Daishinku Corp., a producer of synthetic quartz, the company's operating profit declined by 67.9% on y-o-y basis. This decrease was attributed to the price fluctuations and changes in the volumes and product mix.
Global Synthetic Quartz Market Report Segmentation
This report forecasts revenue and volume growth at global, country, and regional levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global synthetic quartz market report on the basis of product, application, and region.
- Product Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
- Synthetic Quartz Crystal
- Synthetic Quartz Glass
- Application Outlook (Volume, Kilotons; Revenue, USD Billion; 2018 - 2030)
- Electrical & Electronics
- Automotive
- Construction
- Others
- Regional Outlook (Volume, Kilotons; Revenue, USD Billion; 2018 - 2030)
- North America
U.S.
Canada
Mexico
Germany
UK
Spain
Italy
China
India
South Korea
Brazil
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Synthetic Quartz Market Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.3. Manufacturing & Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Trends
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Synthetic Quartz Market: Product Estimates & Trend Analysis
- 4.1. Synthetic Quartz Market: Product Movement Analysis, 2023 & 2030
- 4.2. Synthetic Quartz Crystal
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3. Synthetic Quartz Glass
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.4. Synthetic Quartz Market: Application Estimates & Trend Analysis
- 4.5. Synthetic Quartz Market: Application Movement Analysis, 2023 & 2030
- 4.6. Electrical & Electronics
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.7. Automotive
- 4.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.8. Construction
- 4.8.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.9. Others
- 4.9.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Synthetic Quartz Market: Regional Estimates & Trend Analysis
- 5.1. Regional Analysis, 2023 & 2030
- 5.2. North America
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.4. U.S.
- 5.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.5. Canada
- 5.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.5.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.6. Mexico
- 5.2.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.6.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.3. Europe
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.4. Germany
- 5.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.5. UK
- 5.3.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.5.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.6. Spain
- 5.3.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.6.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.7. Italy
- 5.3.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.7.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.7.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Asia Pacific
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.4. China
- 5.4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.5. India
- 5.4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.5.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.6. South Korea
- 5.4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.6.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.5. Central & South America
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.4. Brazil
- 5.5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 5.6. Middle East & Africa
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.6.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 5.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Heat Map Analysis
- 6.4. Vendor Landscape
- 6.4.1. List of Raw Material Suppliers
- 6.4.2. List of Distributors
- 6.5. List of Prospective End-Users
- 6.6. Strategy Mapping
- 6.7. Company Profiles/Listing
- 6.7.1. AGC
- 6.7.1.1. Company Overview
- 6.7.1.2. Financial Performance
- 6.7.1.3. Product Benchmarking
- 6.7.2. CoorsTEk
- 6.7.2.1. Company Overview
- 6.7.2.2. Financial Performance
- 6.7.2.3. Product Benchmarking
- 6.7.3. Daishinku Corporation (KDS)
- 6.7.3.1. Company Overview
- 6.7.3.2. Financial Performance
- 6.7.3.3. Product Benchmarking
- 6.7.4. Heraeus Group
- 6.7.4.1. Company Overview
- 6.7.4.2. Financial Performance
- 6.7.4.3. Product Benchmarking
- 6.7.5. Murata Manufacturing Co., Ltd.
- 6.7.5.1. Company Overview
- 6.7.5.2. Financial Performance
- 6.7.5.3. Product Benchmarking
- 6.7.6. NIHON DEMPA KOGYO CO., LTD
- 6.7.6.1. Company Overview
- 6.7.6.2. Financial Performance
- 6.7.6.3. Product Benchmarking
- 6.7.7. Seiko Epson Corporation
- 6.7.7.1. Company Overview
- 6.7.7.2. Financial Performance
- 6.7.7.3. Product Benchmarking
- 6.7.8. Shin-Etsu Chemical Co., Ltd.
- 6.7.8.1. Company Overview
- 6.7.8.2. Financial Performance
- 6.7.8.3. Product Benchmarking
- 6.7.9. Siward Crystal Technology Co. Ltd.
- 6.7.9.1. Company Overview
- 6.7.9.2. Financial Performance
- 6.7.9.3. Product Benchmarking
- 6.7.10. Universal Quartz Inc.
- 6.7.10.1. Company Overview
- 6.7.10.2. Financial Performance
- 6.7.10.3. Product Benchmarking