Synthetic Quartz Market (2021-2031) | The Insight Partners
The Synthetic Quartz Market is expected to register a CAGR of 5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report presents analysis based on product type (crystal, glass, and others). The report is segmented by application (electronics and electrical, automotive, construction, and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Synthetic Quartz Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Synthetic Quartz Market Segmentation
Product Type- Crystal
- Glass
- Electronics and Electrical
- Automotive
- Construction
Strategic Insights
Synthetic Quartz Market Growth Drivers- Growing Demand in Electronics: The expanding electronics market is a key driver for synthetic quartz. It is widely used in components such as oscillators, sensors, and microchips due to its stability and high performance. As electronics, especially smartphones and wearables, continue to grow, demand for synthetic quartz remains strong.
- Advancements in Solar Technology: Synthetic quartz plays a crucial role in solar panel production, particularly in the manufacturing of photovoltaic cells. As global investments in renewable energy, particularly solar power, increase, the demand for high-quality synthetic quartz for efficient solar panel production is driving market growth.
- Rise in Automotive Industry Applications: The automotive sector is increasingly adopting synthetic quartz for advanced electronic components in vehicles, such as sensors and control systems. With the shift towards electric vehicles (EVs) and the integration of sophisticated electronics in modern vehicles, the synthetic quartz market is seeing significant demand from automotive manufacturers.
- Miniaturization of Electronic Components: The trend toward smaller, more efficient electronic devices is driving the demand for high-quality synthetic quartz. Its use in miniaturized components like oscillators, filters, and microchips helps meet the growing need for compact, high-performance electronics in smartphones, wearables, and IoT devices.
- Adoption in Renewable Energy: Synthetic quartz’s increasing application in renewable energy, especially in solar panels and photovoltaic systems, is a key trend. As global investments in clean energy technologies rise, the demand for high-purity synthetic quartz for efficient energy conversion processes is expected to continue expanding, supporting market growth.
- Growth of 5G Technology: The rollout of 5G networks is boosting the demand for synthetic quartz due to its role in enabling high-frequency components and high-precision oscillators. As telecom companies and manufacturers invest in 5G infrastructure, the need for synthetic quartz in the production of 5G devices and network components grows.
- Expansion in Semiconductor Industry: As demand for advanced semiconductors increases, particularly for AI, 5G, and IoT applications, synthetic quartz offers a valuable opportunity. Its stability and precision make it essential in semiconductor fabrication, presenting manufacturers with growth opportunities in producing high-performance quartz components for emerging technologies.
- Rising Demand in Wearable Devices: The growth of the wearable technology market, including fitness trackers and smartwatches, presents an opportunity for synthetic quartz manufacturers. Due to its durability and accuracy, synthetic quartz is essential for key components like sensors and microchips, driving demand in this rapidly expanding sector.
- Opportunities in Electric Vehicle (EV) Components: The increasing use of electronic systems in electric vehicles provides a significant opportunity for synthetic quartz suppliers. Its role in precise sensors, timing devices, and power management systems within EVs can help meet the growing demand for high-performance, reliable materials in the automotive industry.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Synthetic Quartz Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Synthetic Quartz Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The expansion of 5G networks is expected to be the key market trends.
Based on geography, Asia Pacific held the largest share of the synthetic quartz market, due to the region’s strong presence in the electronics, semiconductor, and telecommunications industries, where synthetic quartz is widely used for components like oscillators, resonators, and filters. Countries like China, Japan, and South Korea are key players in manufacturing and demand.
Based on product type, the crystal segment is expected to witness the fastest growth during the forecast period
The Synthetic Quartz Market is estimated to witness a CAGR of 5% from 2023 to 2031
The electronics and semiconductor industry is driving the market growth.
NIHON DEMPA KOGYO CO., LTD.; Murata Manufacturing Co., Ltd.; Kyocera Group; Shin-Etsu Chemical Co., Ltd.; Seiko Epson Corporation; AGC Inc.; SIWARD Crystal Technology Co., Ltd.; Heraeus Holding; TYDEX; and CoorsTek Inc. are some of the synthetic quartz market
1. INTRODUCTION
1. 1. SCOPE OF THE STUDY
1. 2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1. 3. MARKET SEGMENTATION
1. 3. 1 Synthetic Quartz Market - By Type
1. 3. 2 Synthetic Quartz Market - By Application
1. 3. 3 Synthetic Quartz Market - By Region
1. 3. 3. 1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SYNTHETIC QUARTZ MARKET LANDSCAPE
4. 1. OVERVIEW
4. 2. PORTER'S FIVE FORCES ANALYSIS
4. 2. 1 Bargaining Power of Buyers
4. 2. 1 Bargaining Power of Suppliers
4. 2. 1 Threat of Substitute
4. 2. 1 Threat of New Entrants
4. 2. 1 Competitive Rivalry
4. 3. EXPERT OPINIONS
5. SYNTHETIC QUARTZ MARKET - KEY MARKET DYNAMICS
5. 1. KEY MARKET DRIVERS
5. 2. KEY MARKET RESTRAINTS
5. 3. KEY MARKET OPPORTUNITIES
5. 4. FUTURE TRENDS
5. 5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SYNTHETIC QUARTZ MARKET - GLOBAL MARKET ANALYSIS
6. 1. SYNTHETIC QUARTZ - GLOBAL MARKET OVERVIEW
6. 2. SYNTHETIC QUARTZ - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING
7. SYNTHETIC QUARTZ MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7. 1. OVERVIEW
7. 2. TYPE MARKET FORECASTS AND ANALYSIS
7. 3. SYNTHETIC QUARTZ CRYSTAL
7. 3. 1. Overview
7. 3. 2. Synthetic Quartz Crystal Market Forecast and Analysis
7. 4. SYNTHETIC QUARTZ GLASS
7. 4. 1. Overview
7. 4. 2. Synthetic Quartz Glass Market Forecast and Analysis
7. 5. OTHERS
7. 5. 1. Overview
7. 5. 2. Others Market Forecast and Analysis
8. SYNTHETIC QUARTZ MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8. 1. OVERVIEW
8. 2. APPLICATION MARKET FORECASTS AND ANALYSIS
8. 3. ELECTRONICS AND ELECTRICAL
8. 3. 1. Overview
8. 3. 2. Electronics and Electrical Market Forecast and Analysis
8. 4. AUTOMOTIVE
8. 4. 1. Overview
8. 4. 2. Automotive Market Forecast and Analysis
8. 5. CONSTRUCTION
8. 5. 1. Overview
8. 5. 2. Construction Market Forecast and Analysis
8. 6. OTHERS
8. 6. 1. Overview
8. 6. 2. Others Market Forecast and Analysis
9. SYNTHETIC QUARTZ MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9. 1. NORTH AMERICA
9. 1. 1 North America Synthetic Quartz Market Overview
9. 1. 2 North America Synthetic Quartz Market Forecasts and Analysis
9. 1. 3 North America Synthetic Quartz Market Forecasts and Analysis - By Type
9. 1. 4 North America Synthetic Quartz Market Forecasts and Analysis - By Application
9. 1. 5 North America Synthetic Quartz Market Forecasts and Analysis - By Countries
9. 1. 5. 1 United States Synthetic Quartz Market
9. 1. 5. 1. 1 United States Synthetic Quartz Market by Type
9. 1. 5. 1. 2 United States Synthetic Quartz Market by Application
9. 1. 5. 2 Canada Synthetic Quartz Market
9. 1. 5. 2. 1 Canada Synthetic Quartz Market by Type
9. 1. 5. 2. 2 Canada Synthetic Quartz Market by Application
9. 1. 5. 3 Mexico Synthetic Quartz Market
9. 1. 5. 3. 1 Mexico Synthetic Quartz Market by Type
9. 1. 5. 3. 2 Mexico Synthetic Quartz Market by Application
9. 2. EUROPE
9. 2. 1 Europe Synthetic Quartz Market Overview
9. 2. 2 Europe Synthetic Quartz Market Forecasts and Analysis
9. 2. 3 Europe Synthetic Quartz Market Forecasts and Analysis - By Type
9. 2. 4 Europe Synthetic Quartz Market Forecasts and Analysis - By Application
9. 2. 5 Europe Synthetic Quartz Market Forecasts and Analysis - By Countries
9. 2. 5. 1 Germany Synthetic Quartz Market
9. 2. 5. 1. 1 Germany Synthetic Quartz Market by Type
9. 2. 5. 1. 2 Germany Synthetic Quartz Market by Application
9. 2. 5. 2 France Synthetic Quartz Market
9. 2. 5. 2. 1 France Synthetic Quartz Market by Type
9. 2. 5. 2. 2 France Synthetic Quartz Market by Application
9. 2. 5. 3 Italy Synthetic Quartz Market
9. 2. 5. 3. 1 Italy Synthetic Quartz Market by Type
9. 2. 5. 3. 2 Italy Synthetic Quartz Market by Application
9. 2. 5. 4 United Kingdom Synthetic Quartz Market
9. 2. 5. 4. 1 United Kingdom Synthetic Quartz Market by Type
9. 2. 5. 4. 2 United Kingdom Synthetic Quartz Market by Application
9. 2. 5. 5 Russia Synthetic Quartz Market
9. 2. 5. 5. 1 Russia Synthetic Quartz Market by Type
9. 2. 5. 5. 2 Russia Synthetic Quartz Market by Application
9. 3. ASIA-PACIFIC
9. 3. 1 Asia-Pacific Synthetic Quartz Market Overview
9. 3. 2 Asia-Pacific Synthetic Quartz Market Forecasts and Analysis
9. 3. 3 Asia-Pacific Synthetic Quartz Market Forecasts and Analysis - By Type
9. 3. 4 Asia-Pacific Synthetic Quartz Market Forecasts and Analysis - By Application
9. 3. 5 Asia-Pacific Synthetic Quartz Market Forecasts and Analysis - By Countries
9. 3. 5. 1 Australia Synthetic Quartz Market
9. 3. 5. 1. 1 Australia Synthetic Quartz Market by Type
9. 3. 5. 1. 2 Australia Synthetic Quartz Market by Application
9. 3. 5. 2 China Synthetic Quartz Market
9. 3. 5. 2. 1 China Synthetic Quartz Market by Type
9. 3. 5. 2. 2 China Synthetic Quartz Market by Application
9. 3. 5. 3 India Synthetic Quartz Market
9. 3. 5. 3. 1 India Synthetic Quartz Market by Type
9. 3. 5. 3. 2 India Synthetic Quartz Market by Application
9. 3. 5. 4 Japan Synthetic Quartz Market
9. 3. 5. 4. 1 Japan Synthetic Quartz Market by Type
9. 3. 5. 4. 2 Japan Synthetic Quartz Market by Application
9. 3. 5. 5 South Korea Synthetic Quartz Market
9. 3. 5. 5. 1 South Korea Synthetic Quartz Market by Type
9. 3. 5. 5. 2 South Korea Synthetic Quartz Market by Application
9. 3. 5. 6 Rest of Asia-Pacific Synthetic Quartz Market
9. 3. 5. 6. 1 Rest of Asia-Pacific Synthetic Quartz Market by Type
9. 3. 5. 6. 2 Rest of Asia-Pacific Synthetic Quartz Market by Application
9. 4. MIDDLE EAST AND AFRICA
9. 4. 1 Middle East and Africa Synthetic Quartz Market Overview
9. 4. 2 Middle East and Africa Synthetic Quartz Market Forecasts and Analysis
9. 4. 3 Middle East and Africa Synthetic Quartz Market Forecasts and Analysis - By Type
9. 4. 4 Middle East and Africa Synthetic Quartz Market Forecasts and Analysis - By Application
9. 4. 5 Middle East and Africa Synthetic Quartz Market Forecasts and Analysis - By Countries
9. 4. 5. 1 South Africa Synthetic Quartz Market
9. 4. 5. 1. 1 South Africa Synthetic Quartz Market by Type
9. 4. 5. 1. 2 South Africa Synthetic Quartz Market by Application
9. 4. 5. 2 Saudi Arabia Synthetic Quartz Market
9. 4. 5. 2. 1 Saudi Arabia Synthetic Quartz Market by Type
9. 4. 5. 2. 2 Saudi Arabia Synthetic Quartz Market by Application
9. 4. 5. 3 U. A. E Synthetic Quartz Market
9. 4. 5. 3. 1 U. A. E Synthetic Quartz Market by Type
9. 4. 5. 3. 2 U. A. E Synthetic Quartz Market by Application
9. 4. 5. 4 Rest of Middle East and Africa Synthetic Quartz Market
9. 4. 5. 4. 1 Rest of Middle East and Africa Synthetic Quartz Market by Type
9. 4. 5. 4. 2 Rest of Middle East and Africa Synthetic Quartz Market by Application
9. 5. SOUTH AND CENTRAL AMERICA
9. 5. 1 South and Central America Synthetic Quartz Market Overview
9. 5. 2 South and Central America Synthetic Quartz Market Forecasts and Analysis
9. 5. 3 South and Central America Synthetic Quartz Market Forecasts and Analysis - By Type
9. 5. 4 South and Central America Synthetic Quartz Market Forecasts and Analysis - By Application
9. 5. 5 South and Central America Synthetic Quartz Market Forecasts and Analysis - By Countries
9. 5. 5. 1 Brazil Synthetic Quartz Market
9. 5. 5. 1. 1 Brazil Synthetic Quartz Market by Type
9. 5. 5. 1. 2 Brazil Synthetic Quartz Market by Application
9. 5. 5. 2 Argentina Synthetic Quartz Market
9. 5. 5. 2. 1 Argentina Synthetic Quartz Market by Type
9. 5. 5. 2. 2 Argentina Synthetic Quartz Market by Application
9. 5. 5. 3 Rest of South and Central America Synthetic Quartz Market
9. 5. 5. 3. 1 Rest of South and Central America Synthetic Quartz Market by Type
9. 5. 5. 3. 2 Rest of South and Central America Synthetic Quartz Market by Application
10. INDUSTRY LANDSCAPE
10. 1. MERGERS AND ACQUISITIONS
10. 2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10. 3. NEW PRODUCT LAUNCHES
10. 4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SYNTHETIC QUARTZ MARKET, KEY COMPANY PROFILES
11. 1. MURATA MANUFACTURING
11. 1. 1. Key Facts
11. 1. 2. Business Description
11. 1. 3. Products and Services
11. 1. 4. Financial Overview
11. 1. 5. SWOT Analysis
11. 1. 6. Key Developments
11. 2. SHIN-ETSU CHEMICAL
11. 2. 1. Key Facts
11. 2. 2. Business Description
11. 2. 3. Products and Services
11. 2. 4. Financial Overview
11. 2. 5. SWOT Analysis
11. 2. 6. Key Developments
11. 3. NIHON DEMPA KOGYO
11. 3. 1. Key Facts
11. 3. 2. Business Description
11. 3. 3. Products and Services
11. 3. 4. Financial Overview
11. 3. 5. SWOT Analysis
11. 3. 6. Key Developments
11. 4. COORSTEK
11. 4. 1. Key Facts
11. 4. 2. Business Description
11. 4. 3. Products and Services
11. 4. 4. Financial Overview
11. 4. 5. SWOT Analysis
11. 4. 6. Key Developments
11. 5. SEIKO EPSON
11. 5. 1. Key Facts
11. 5. 2. Business Description
11. 5. 3. Products and Services
11. 5. 4. Financial Overview
11. 5. 5. SWOT Analysis
11. 5. 6. Key Developments
11. 6. ASAHI GLASS
11. 6. 1. Key Facts
11. 6. 2. Business Description
11. 6. 3. Products and Services
11. 6. 4. Financial Overview
11. 6. 5. SWOT Analysis
11. 6. 6. Key Developments
11. 7. SIWARD CRYSTAL TECHNOLOGY
11. 7. 1. Key Facts
11. 7. 2. Business Description
11. 7. 3. Products and Services
11. 7. 4. Financial Overview
11. 7. 5. SWOT Analysis
11. 7. 6. Key Developments
11. 8. KYOCERA
11. 8. 1. Key Facts
11. 8. 2. Business Description
11. 8. 3. Products and Services
11. 8. 4. Financial Overview
11. 8. 5. SWOT Analysis
11. 8. 6. Key Developments
11. 9. HERAEUS HOLDING
11. 9. 1. Key Facts
11. 9. 2. Business Description
11. 9. 3. Products and Services
11. 9. 4. Financial Overview
11. 9. 5. SWOT Analysis
11. 9. 6. Key Developments
12. APPENDIX
12. 1. ABOUT THE INSIGHT PARTNERS
12. 2. GLOSSARY OF TERMS
The List Of Companies
- Murata Manufacturing
- Shin-Etsu Chemical
- Nihon Dempa Kogyo
- Coorstek
- Seiko Epson
- Asahi Glass
- Siward Crystal Technology
- Kyocera
- Heraeus Holding
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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